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Fair trading at quicksales
Fair trading at quicksales
Auto-1-Min is also an exclusive feature available to quicksales.
Sellers have the option to select this feature for auction style selling only. The
Auction end time will be extended for 60 seconds (1 minute) if a bid is placed within
the last 60 seconds. This process will repeat until no more bids are received. This
prevents bidders from snipe bidding (placing a bid in the last few seconds and winning
the item) and therefore gives other bidders a further 60 seconds to place another
bid and allows bidding to go on, just like a conventional auction would.
This provides a fair trading environment for both seller and buyer, as the
price can reach the market value, and the buyer that is willing to pay the most
wins it.
BidNow is an exclusive feature available to quicksales.
Sellers have the option to select this feature for auction style selling only. The
Auction end time is hidden from bidders and will no longer be displayed to anyone
except the seller.
Prevents bidders from knowing when the item ends and waiting to bid in the last
few minutes/seconds. Encourages bidders to place a bid earlier because the item
may end at anytime.
Auto-Bidding allows the bidder to enter a maximum bid amount that they would be
willing to pay for an item without the need of actually having to place more bids.
Note: The system will never bid beyond the bidders maximum bid and other bidders
and sellers will never know what other bidders maximum bid amounts are.
Auto-Bidding saves bidders time, as they don't have to keep coming back to re-bid
after another bid is placed. It protects bidders from being outbid at the last moment.
Learn more about Auto-Bidding
