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The following article was published in our article directory on May 24, 2013.
Learn more about SpinDistribute Article Distribution System.
Article Category: Shopping
Author Name: Sean Parker
Online auction websites are most definitely not new, nonetheless Quibids is an online auction website with a twist.
It is a penny auction website that resets the timer permitting bidding to continue once everybody has chosen to stop bidding.
Quibids has numerous "twists" that make it much different from other online auction internet sites. A few of these include ... predetermine quote increments, buying proposals, and getting rid of the clock.
Every auction has a predetermined amount where each time you bid, the list prices boost. These increments seem either one penny, two cents or five cents.
Before making an account, in order to participate in an auction it, purchasing proposals is needed. Prepaid bid packs are cost the rate of $.60 per quote. This signifies that each time a bid is put, it cost the bidder $.60.
Every Auction has a timer and it continues to count down till completion. Nonetheless as soon as the timer reaches below 20 seconds, whenever a proposal is put the timer will reset to 20 seconds.
If this procedure happens for too long according to Quibids, then the timer will reset to 15 seconds, and finally 10 seconds where no more bids are permitted.
Exactly what Quibids does here is what makes the site one-of-a-kind compared to other auction websites. As you can see its certainly a learning procedure and involves some ability, knowledge, and luck to succeed.
Quibids does have beginner auctions for people who are brand new and want to discover the system before getting involved bidding on high ticket items.
Quibids likewise restricts the quantity of auctions you can win in a certain period. This was put in to make it equal, and reasonable to everyone who wishes to delight in Quibids.
You are restricted to gain 12 auctions in a 28 day period. Likewise, in a 24 hour duration you are restricted to winning 3 auctions prior to you can no longer bid on any more items.
The Quibids scam is not real! They started back in 2009 and its individuality has definitely triggered some difficulty for inexperienced individuals.
Its finest to do your research initially, begin with the Quibids beginner auctions so you can obtain some experience prior to going all out. Many of the Quibids scam cases come from individuals who plainly don't comprehend how it works and loose a lot of cash.
Keywords: quibids scam, quibids
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