You will notice that we have 2 types of auctions

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You will notice that we have 2 types of auctions

Post  drmmukesh on Fri Apr 15, 2011 6:00 am

Welcome to Get Penny Wise. The most exciting and affordable place to get the things you want most. You will notice that we have 2 types of auctions
Proggressive auction: Each bid increases the price. When the timer runs out, the winner will get the item for the winning price.
Reverse auction: Each bid reduces the price. When the timer runs out or the price reaches zero, the auction is over. It is very common for the price to go down to zero and in that circumstance, the winner will get the item for free.

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drmmukesh

Posts : 96
Join date : 2010-10-21
Age : 35
Location : manipur

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