No, from what i gather they are bonus points that you can redeem/trade for BTC. It's a way of getting back some of the fees you spend by trading on cryptsy. The down side is that they are messing up the cryptsy points. If you are negative cryptsy points you can't withdraw anything from site. Its just another way for them to keep your currencies there.
They took out points with one of their magical audits and put me in the negative on cryptsy points and now I can't withdraw anything from the site. I've opened a ticket with their support about 12hrs ago and have heard nothing about it yet. As soon as I can, I'm getting everything out of their control and switching to a different exchange. I suggest you do the same.
Good luck!!!
yeah~ this is messed up i'm negative points now wtf!!