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Basically you trade books for books-no credits involved. The yearly fee is around $9. When you sign up you get put on the Boxer list. You can make Bob offers to other people and they can make Bob offer to you. Basically you jus tpick books from eachothers shelves. You don't have to trade with someone if they make you an offer and you don't find any books you want on their shelf. You just politely decline. When the deal has been finalized you canprint a label and send the books.
I just rejoined on Sat andI've already negotiaged 3 BOBS and have another offer I"m considering. You geta lot of offers when you first join. So if you do it don't feel guilty about turnign some down.