what is a penny auction

Penny Auction Frequently Asked Questions (FAQs)

by Amanda Lee on December 10, 2009

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In addition to our What is a Penny Auction? page, with the help of a great forum member (thanks!), we now have the Penny Auction Frequently Asked Questions FAQ’s. If you’re new to the penny auction scene and wondering what it’s all about, or need a way to explain just what they are to your friends & relatives, check it out!

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What is a Penny Auction?

May 26, 2009

Just what is a penny auction? A penny auction is an auction where bidders pay-per-bid for an item and the time increases with each bid. The winning bidder is the bidder whoever is the last to bid when the timer counts down to 0 seconds. Not all auction websites are the same so make sure [...]

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