Jeetle.in "lowest unique bid auction concept."



accurately how do JeetLe work?

A. register users set bids on chosen objects offered by JeetLe Reverse Auction from first to last a conserved bid procedure. Bidders pay an auction entry fee to set their bids in the auction. user is notify of the position of their bid later than the bid is submitted by electronic mail and on-screen. Their aim is to set the lowly unique bid, which is the lowest unique bid in Rupees/Paisa that no one else will leave.  If the position of a user's bid changes all the way through the sale then the user is notify by email. Every public sale is restricted to a particular figure of bids (e.g. maximum 150) or a time limit (eg 29th June, 2010). Rapidly as that limit is reached, the auction robotically close. following the auction has stopped, the champion is the user who has positioned the lowest unique bid.