Auctions

Go back to the

Help Section

Regular Auctions are one half of the exciting formula of Jingobid. These Auctions start at incredibly low prices, usually $1 HKD with no reserve price. So if the timer expires at $1 HKD, the winner will be paying only $1 HKD for that item. In the Auction description screen, you can view the product details and specifications, and also view a bidding table of recently placed bids in the Auction.

You can participate in the Auction by clicking.....When a Bid or Bonus Bid is placed, the price of the Auction increases by a small amount, usually $1 HKD (But for special Auctions this can differ). If an Auction has les than 30 seconds to go, the end time will be extended by 15 seconds. This is similar to when the Auctioneer would shout "going, going, gone" allowing other interested users to bid.

When the timer reaches zero, the user who placed the highest, last bid wins the right to buy the item at the winning Auction price.

For a step-by-step guide to bidding on Auctions, please consult our visual guides on Auctions.