Help
What kinds of bidding formats are on Bravomarket ?
1.,In an auction-style listing(items without reserve price, sellers put items up for sale to the highest bidder. This is the most common format on Bravomarket.
2.,Fix price auction/"Buy It Now" gives you the chance to purchase an item immediately. But you have to act fast because once someone give a higher "Secret bid" than the Buy It Now price, then the auction is open until someone else click the "would buy it Now " button and the auction automatically ends.But if there is more than one bidder who gave a higher"Secret bid " than the Fix price/Buy It Now price,then at the end of the auction the item will be won by the highest "Secret bid" holder.
3.,An Item with reserve price is a hidden or shown minimum price—essentially, the lowest price that the seller is willing to accept for the item. If the listing ends without any bids that meet the reserve price, the seller is not required to sell the item.
4.,Buying Multiple Items in a Listing (Dutch Auction)
When you see an auction-style listing offering two or more identical items, this is called a Multiple Item Auction (also known as a Dutch Auction). This means the seller is offering multiple, identical items for sale. Unlike a regular Bravomarket auction, Multiple Item Auctions can have many winners.
When you bid on a Multiple Item Auction, you specify the number of items you're interested in .
Important: Winning bidders may pay various prices not equal to the Fix price. Winning bids are determined by the number of items willing to buy and discounts give by the seller. For example, If a seller offers twenty identical items for sale and we have 3 winners at the end of the auction.
Assume the seller offers a 10% discount for every 5 items bought and the Fix price labelled for each item is 1000Huf.
If Bidder A bidded for 10 items,then he will pay 900Huf for each item bought(that is 9000Huf for 10 items) .
If Bidder B and C bidded for 3 and 4 items respectively, then they will have to pay 1000Huf for each item bought.
That is Bidder B will pay 3000Huf for 3 items bought and Bidder C will pay 4000Huf for the 4 items bought.
The buyers can pay for the items once they have made their bids and the auction continues with the remaining 3 items at the Fix price of 1000Huf each.
5.,Winning auction is a special type of auction where a Bidder gives a "Special bid" to win the right to buy a "Winnig auction's" item at a Token price.A registration fee(bid fee) is required to take at this special winning auction.
The paid registration fee can be deducted from prices of things bought at this website within 30days from the day of you made your "Special bid".
Only Users with a certified status can take part in this auction.
