Penny Auction

A Penny Auction is a Basic auction that starts at one penny. That means no reserve, and the item sells for whatever the price is at the close of the auction - even if it's just one penny

1. Register and purchase bids to get 3 free bids and bid using your Bidsnest bid's online

 2.Each bid increases the price by 1p.

3.Last user to place a bid is the winner (After the time runs out).

Lowest unique bid

Lowest unique bid is a auction type where winner of auction will be the user who makes the lowest unique bid for the product.

The goal is to place low bids that are unique when the auction ends. For each bid that you place, Bidsnest gives you one of the following three responses:

1. Your have the lowest unique bid. If the bid maintains this status, meaning that no bidder places a bid on the same amount, you will win the auction when it ends.

2. Your bid is unique, but not the lowest. To win the auction, all bids that are lower and unique must be knocked-out of the auction either by you or another bidder placing the same amount.

3. Your bid is not unique. Amounts that receive more than one bid cannot win the auction.

If your bid is the lowest unique at the end of the auction you get the right to buy the auction item for your bid's amount, which almost always is a fraction of what the item would otherwise cost you. Start winning now!

For example if there are 3 offers on 0.01 GBP , 2 offers on 0.02 GPB , 1 offer on 0.03 GBP and 4 offers on 0.04 GBP then the winner would be the user who made

the offer of 0.03 GBP.