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Here’s what consumers have asked with answers from QuiBids staff and previous consumers.
Sign up for Tangerine Banking with Referral code 43053775S1 and get an extra 50$ when you open a savings account with a 100$ balance!
Hi Valerie. The following is taken from the QuiBids 101 section of our site: How does QuiBids work? QuiBids is not your basic online auction model. We proudly developed a unique, exciting way to rejuvenate a century-old traditional auction in the digital era. We do understand that the similarities can create a bit of confusion, and we don’t want that to obscure how we do business. So we’ve decided to explain just how things work around here. Getting started Before you start bidding, you have to register an account with us. On the home page simply select the “Register” tab on the main tool bar, or click on the Orange Button that reads “Register Now” along the banner. Once you’re done registering, a confirmation email will be sent to the address you provided. If you don’t immediately receive this email from QuiBids, then check your Spam folder to ensure that it wasn’t mistakenly identified or blocked. We recommend you add us to your safe senders list in order to avoid future confusion. Once you’ve confirmed your account, you’re free to buy bids and participate in auctions! Buying bids Who loves options? Everybody. Well, you’ve got two when it comes to buying bids. You may (A) purchase bids immediately after registration, or (B) select the “Buy Bids” tab on the main menu at a later time. Your first bid pack buy is a set price, but after your initial bid pack purchase, there’ll be five different bid packs to choose from, each a different size. We recommend what most users start off with: a Beginner Bid Pack for testing out the auction waters. Once you’ve selected the proper-sized bid pack, simply add your credit card and billing information. From here, you’re almost ready to join your first auction! Remember, when purchasing bids, you are really buying the right to place bids and that each bid is worth $0.60. Purchasing bids doesn’t guarantee that you’ll win, but the “Buy Now” feature is always at your disposal (we’ll discuss that in a bit), and it’s basically like spending money toward the desired product. Learning how to participate in an auction Congratulations on making it this far! Now you’ll see bids as they appear in the upper-right corner of your screen. This number will update every time you bid on our site. Before you start bidding, we strongly recommend you watch a few auctions and – in so doing – take some time to familiarize yourself with the pace and the dynamics of an auction. On the home page you’ll see a section labeled ‘Live Auctions’ that displays the auctions that are currently running. The timer The timer counts down consecutively until it gets below 20 seconds. From that point on, the timer will reset to 0:20 seconds every time a bid is placed, thereby giving other users the chance to bid again. If the auction persists after a certain number of bids (it’s not uniform from auction to auction), the timer will begin resetting at 0:15 seconds after each bid. Finally, if we feel the auction has gone on too long, the timer will reset to 0:10 seconds each time a bid’s placed. When the time expires, the auction ends and the last person to bid wins the right to purchase the item for the final price. Sometimes we'll host what we call Speed Auctions, where the timer will reset to a maximum of 0:10 seconds. To determine whether or not an auction is a Speed Auction, check for the little red timer icon accompanying it. Bidding So earlier we established that options are good, right? When it comes to bidding, you’ve got two. (A) Simply select the bid button. Your bid will be recorded and your name will show up as the highest bidder. Each time you’re outbid by another user, you’ll need to manually click the bid button again if you wish to guarantee that you’ll win the item. Option (B) is the Bid-O-Matic, which does your clicking for you! This feature is designed for you to go hands-free, or even Internet-free, as Bid-O-Matic will automatically place bids from your account, per your direction. Simply instruct it how many bids (between 3 and 25 bids) you’re willing to give up, and the price you want to start bidding at!
