Asked by: Xiaolei Sachszetelevision holiday tv
How is QuiBids still in business?
Last Updated: 6th May, 2020
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Just so, is QuiBids a legit site?
However, at QuiBids.com, you must purchase each 1 cent bid for 60 cents. So an iPad that retails for $499 but was won for the grand total of 2,254 one cent bids (or $22.54) which actually cost 60 cents each means that the iPad just sold for $1352.40.
Secondly, do Penny Auctions actually work? In a penny auction, the site owner posts items and you pay to bid for them. Unlike a traditional auction, where only the winner pays, penny auctions require you to pay before – and as – you bid, win or lose. Additional bids cost more money, often between 50 cents and a dollar per bid.
One may also ask, what is QuiBids and how does it work?
Bids cost just $0.40 and can be purchased in bid packs at the Bid Store or in the QBar. Each time you place a bid; it will be deducted from your remaining bids, and will increase the price of the auction by one cent. . No more than 20 seconds is added to the timer whenever a bid is placed.
What is the best auction site?
Top 10 Best Auction Sites
- Atomic Mall.
- Liquidation. This online auction site specializes in large lots of bulk items in a wide variety of different product categories.
- Ebay. C'mon, don't look at us like you're surprised.