How it works

It's really easy!

  • All auctions start from just £ 0.00 with no reserve price.
  • With each new bid, the price only goes up by £ 0.01 or £ 0.02
  • After a bid is placed the countdown starts again. (Typically between 10 seconds to 2 minutes depending on how long the auction has been running.)
  • To win, it is important to have placed the last bid when the clock counts down to 0:00 without someone else placing a bid.


The basics

 
    To illustrate how the bidding process works, we are going to take a look at a TV


    When bidding on a Live Auction, it's important to take note of the time left and price of the auction.


    When you placed a bid on an auction the time and price of the auction will change.


    The Person who places the last bid before the timer reaches 0 is the winner