Classic (English) auction

A type of auction, based on setting the minimum price as a starting point for further bidding.

The price is increased with each subsequent bid by a fixed step. Bids are known to all the participants. The final price is the last maximum price offered by one of the buyers at the time of the end of the auction. This participant becomes the winner.

START CLASSIC AUCTION IN 2 WEEKS
35
Auctions launched worldwide
7
Bidding types available
10
Years of experience

All in 1 Solution

Intuitive interface of the auction platform provides flexible and convenient
system administration that the platform operator and his users to hold
auctions and close deals.

  • Classic bid agent
  • Fixed price deals
  • Setting a reserve price
  • Advanced marketing tools
  • Multi-lot auctions
  • Different types of payments

Classic auction presentation & Demo

Find out how turnkey software could help you to launch efficient English classic auctions quickly and save your budget
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General Features

  • Unlimited number of products
  • Flexible commission settings
  • Integration with payment systems
  • Analytics system integration
  • Multilingual interface
  • Data export and import
  • Autobid system
  • Mobile friendly
  • Emails and SMS alerts
  • Advanced auction configuration
  • Advanced auction configuration
  • Internal auction blog
  • Finance management
  • Fiat and crypto currency support
  • Integrated CRM and reporting system

Classic auction rules

Start price

The starting price is usually lower than the market price which always attracts players.

Bids

The buyer can make a bid which is higher than the previous one for the minimum step price or more.

Auction time

Auction time is limited and set up by the seller.

Winner

The winner of the auction is the buyer who offers the highest price at the end of the auction. They also obtain the right to buy the product at the final price.

Contact us

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