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Auction starts with Rs.1/- , Each new bid raises the item price by 20 paisa or such smaller amount.
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The auction clock restarts from 120 seconds every time someone bids.
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If no new bids are placed before the clock runs out, the last bidder wins.
How auction works at BidandBuy?
Bidding on BidandBuy is very easy! Just follow these simple steps:
Step 1: Sign up & Membership
Registration is free, secure and simple. It takes 10 Seconds to Sign Up. Create your Free BidandBuy account from homepage, verify your Mobile number. Login with your BidandBuy ID.
To place bids on any auction, you will need to take membership. You can take membership by multiple payment methods, including: PayPal, Debit/Credit Cards, VISA, Mastercard, Net Banking, Cash Cards etc.
Once you completed membership process, you are ready to go....
Step 2: Click on BID NOW button to bid for a product on LIVE AUCTIONS section
Choose your products from the amazing deals we have every day at BidandBuy. You can choose to participate in all the auctions you wish. Find your favorite product on Live Auction page and be ready to start bidding when last few minutes/seconds are remaining in Timer. There is no any complicated bidding process. Just Click to Bid, that's it. Each bid will deduct some Credits from your account. Number of Credits required per bid is shown on each product page. i.e 3x means 3 credits deducted per bid.
Step 3: Start bidding and wait for the timer to reach Zero.
Real Competition starts when last few seconds are remaining in timer. Click on the 'BID NOW' button to place your bid. Each time you place a bid, number of Credits will be deducted from your balance, and time to the clock will be added. Time is added to clock every time an user places a 'BID'. This gives enough time for someone else to make the decision to BID if they are interested. If you are the last bidder when the timer expires, YOU WIN! After you Win, you can Claim that product by paying it's Bid Closing Price + Shipping & Processing Charges.
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