What is automatic bidding?vharutIf it is indicated in the item description that automatic bidding is allowed, you can assign the system to act as your proxy and to bid on your behalf. Every bid placed by you will be considered by the system as the maximum amount you have agreed to offer. Such maximum amount will be kept confidential from other bidders, and will be shown only to you. The system will automatically bid on your behalf with such minimum bids (up to the said maximum amount) that would allow you to remain the highest bidder. Any bidder placing a bid, which is lower than or equal to your bid, will be automatically outbid by you.
Frequently Asked Questions
What will happen if I choose to “buy now”? Will I automatically become the winner of the auction?vharutUnlike in many other auction web-sites, by choosing to "buy now" on this web-site you will not automatically become the winner of the auction. If you choose to "buy now", you will be deemed to have placed a bid in the amount which is equal to the "buy now" price. The auction will not automatically end, but the auction end time will be set to 10 minutes. You will become the winner of the auction at the "buy now" price if you are not outbid by the end of the auction.
I have a questions about an item. How can I get an answer to it?vharutWe accept questions only prior to the commencement of the auction. You can submit your question using the online form under tab "Clarifications", at the bottom of the item description page. We will promptly communicate all questions to the seller, and will post all clarifications received from the seller at least four hours prior to the commencement of the auction. The clarifications will be available to all bidders.
What will happen if I place a bid at the last moment?vharutIf a bid is placed within the last 5 minutes, the auction end time will be automatically extended for 5 minutes.
How should I pay for the item I have won?vharutUnless otherwise specified in the description of the item, you can make your payment online or by bank transfer. If the security deposit has already been paid, then it will be deducted from the price you will have to pay for the item.
Is there a fee for participating in auctions?vharutUnless otherwise specified in the description of the item, the participation in auctions is free of charge. Apart from paying the participation fee, if any, you will be required to make a security deposit.
Is it possible to see the bidding history?vharutThe bidding history of each item can be viewed under the tab "Bidding history", at the bottom of the item description page. Your bidding history, active actions, won auctions and lost auctions can be viewed by choosing the relevant item of menu "My bids". Note that participation in auctions is confidential, so we will display only the first and the last letters of other bidders' usernames. Likewise, other bidders will see only the first and the last letters of your username.
Why did the auction end later than when it was scheduled to end?vharutThe auction end time is automatically extended for 5 minutes if a bid is placed within the last 5 minutes. This must be reason why the auction end time was extended.
Can I cancel my bid?No, you have to bid responsibly. Every time when you place a bid, you will be requested to re-confirm your bid, and it is your sole responsibility to make sure you have entered a correct amount and are willing to place your bid.
What is the “security deposit”?vharutIn order to participate in an auction, you will be required to make a security deposit in the amount specified in the description of the relevant item. The security deposit will be released to you if you do not win in the auction or if you no longer want to make bids. If you win, the security deposit will become non-refundable and will be deducted from the price you will have to pay for the relevant item.