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Lowest Unique Bid Auction For The Fun Of Reverse Auction And Way To Bid
by Saranya Sridharan article There are sites available where you can bid for different things that are announced on the page for such goods and these have got their own price. The bidding has got to be done to be able to buy them and these are brand new and attractive products for you to bid. The prices at which these goods are sold are a fraction of the retail price and there is fun in it to bid and be able to get the product that you want badly. The lowest unique bid auction is about the web sites that allow the users to participate in an auction where the winning is by lowest bid or the one whose bid will be the lowest one.Amount that is lowest and unique
The lowest bid can be any good amount that is between $0.01 to the highest amount is the one that is given against the product on the site. The figure that is nearest to the $0.01 and that has no other bidder bidding with the same amount is considered to be the lowest bid and the one that is unique too. The one who has bid with such an amount will get the product if no other person has bid with the same amount and it is the single amount that is also the lowest one.
Product awarded when it is not unique
If there are two people who have placed the same amount then it will not be a unique bid. It is not a good idea to wait for a long time or for the time nearer to the closing of the bid. You must bid faster as soon as you log in. At the end of the closing time, the lowest bids are taken into consideration if there are no unique bids. The product is awarded to the one person who has placed the bid first in this case. It is therefore important for you to understand all the different aspects of the lowest unique bid auction and then start playing it.
Registration and bidding process
You will have to follow a few steps and the first step is to register with the site that you want to bid with. The registration is done with an email address of yours that is valid and safe. They will email you the password and you should keep the username and the password to you and do not let others know about it. You will be responsible for all the activities done through your id and password. You will then purchase credit or deposit money in the bid bank.
You can purchase credit and enter the amount you want to deposit in the bid bank or in the Purchase Credit page and the minimum amount should be $5. This amount will be transferred from your Paypal account or you can transfer the amount from your credit card over the phone. The other option is to transfer the amount directly by depositing the amount in your bank and getting it transferred to the account of the site. You will have to click on the bid now option and wait till the Big prize online Auction is announced and you will get the status of your bid over your email address also.
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Author has a wide experience in writing articles on various topics like business, shopping, online house auction, reverse auction site, mobile, health, etc.
For More Info Visit: http://www.firstclassbid.co.uk/
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About Saranya Sridharan 
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60 connections, 1 recommendations, 157 honor points.Joined APSense since, August 9th, 2012, From sydney, Australia.
Created on Dec 31st 1969 18:00. Viewed 0 times.
