User Marketplace

User Marketplace

Redeem Coins for crypto, merchandise, and rewards from EarnCrypto members.

How Auctions Work

My Activity
How Bidding Works
Bidding on our platform is straightforward and designed to give you the best chance at winning items you're interested in, like Crypto and Gift Cards, with as little hassle as possible.

Here's how it works:
1. Find a Listing: Browse our listings to find something you're interested in. We're currently focusing on Crypto and Gift Cards for our testing phase.

2. Check the Current Bid: Take note of the current highest bid and the time the auction ends. This will help you decide your bidding strategy.

3. Place Your Bid: Enter the amount you're willing to pay for the item. Your bid is also considered your maximum bid. This means:
-If your bid is higher than the current bids, we'll place an initial bid on your behalf that's just +1 Coin more than the previous highest bid.
-If others bid on the item, we'll automatically increase your bid in +1 Coin increments, only as needed to keep you as the highest bidder, but never more than your maximum bid.

4. Automatic Bidding: Our system will manage your bid up to your maximum amount. You don't need to manually increase your bid every time someone else places a bid. We do that for you, ensuring you stay ahead until your max bid is reached.

Winning: The highest bid at the end of the auction wins. If your maximum bid is not exceeded by the auction's close, you're the winner!

Remember, your maximum bid is kept confidential from other bidders, and the system only uses it to automatically bid on your behalf. This strategy gives you the best chance to win without constantly monitoring the auction.

Happy bidding, and may the best bid win!