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How it works?

Penny Auction

Zero Bid Auction

Express Auction

Silent Auction

Penny Auctions Welcome to Bidserk, home of some of the most exciting auctions on the internet. Our auctions work a little bit differently - once you’ve got the hang of them, we think you’ll love them. There’s a few key things that are different from other auctions you might have used online: 1. Bidding on our auctions starts at just 7c(unless otherwise specified in auction box) with no reserve prices. 2. The price only goes up by 7c with each bid placed.(unless otherwise specified) 3. If a bid gets placed in the final moments, we extend the auction by up to 20 seconds. 4. Each bid placed on an auction costs just $0.65 to $1.00 enabling us to offer such amazing deals.


Let’s take a look and see how this works in practice: Here’s an auction that’s currently running – the bidding’s reached US $6.11 , and there’s just 10 seconds to go:



Let’s look and see what happens when you bid. Each bid placed costs you $0.75. See what’s happened? First – you’re now the highest bidder You can also see that the price has gone up by 7c and the countdown has reset to 10 seconds. You’ll also have one less bid in your account.



If no one else bids in these 10 seconds, then "SOLD" – you’ve won!

Express Auctions

Buy at the price you are willing to pay

1. Each time you click on "Show price", the price decreases by $ 0.30 ( unless other wise specified)

2. Each request of "Show price" costs between $ 0.65 and $1.00

3. When the price appeals to you, you buy!

The starting price is equal to the market value of the product. The price descrease by $ 0.30 each time you click on "Show price", you then have the opportunity to buy the product at the displayed price.

A new and simple way to buy brand new products at very attractive prices !

You can buy credits, right after your registration.

When you place a bid, you can see the followings:

The current price has decreased by $ 0.30

The current price is displayed.

You have the opportunity to buy the product immediately.

Zero Bid Auctions

Zero Bid Auctions go down in price on every bid.

The Start Price is based on the street retail value of the item and is the price before the first bid.

The "Current Price" is hidden. To view the current price, a Bidserk member must spend a single bid credit. The price is then displayed for a few seconds and the price goes down $0.50 cents for everyone

For example:

Suppose the Start Price for a product is $299.00 and it has been bid down to $199.00. The "Start Price:" will now show $299.00 and the "Current Price:" will show "???".

Once you click on the "Show Price" button, the following three things will occur:

First item price will be hidden with "???"

Click on "Show Price" button item price will go down $0.50. You will see that the price is now $89.50.

The end of the Zero Bid Auction occurs when the Show Price reaches $0.00, so the member who clicks on the item when it is at $0.50 wins the $299.00 product!

The winner user will show

"Buy Now" button to buy that product.

Silent Auctions

Just like traditional auctions but your bid is secret, ONLY YOU KNOW!

Let’s take a look and see how this works in practice:

your bid price can be from

$0.01 to

the retail price

credits for each bid stands for the number of bids deducted from your bid bank for each bid price placed

Remaining bids shows the amount of bids that are left until the auction is over.

Once the last bid is placed, the auction is over and

the highest bidder wins.

Penny Auctions

Express Auctions

Zero Bid Auctions

Silent Auctions