eBay auction. What do you need to know and how to participate?

What is eBay? How to participate in an eBay auction? And why is it so beneficial? You will find the answer to all these questions in this article.

eBay is one of the largest online marketplaces in the world for selling and buying goods. This is not a store, but a platform that brings together tens of thousands of individual sellers offering completely different products.

There are three ways to buy an item on eBay:

- purchase at a fixed price (Buy it Now);

- the best offer (Best Offer);

- participation in the auction;

​In this article, we will look at the algorithm for participating in an eBay auction using Order World.

What you need to know about "public auction"?​

Participation in the auction gives the buyer the opportunity to buy goods at the lowest market price, and in some cases even cheaper.

Anyone can participate in an ebay auction. Bets are accepted until the last second of the auction and, as a rule, the majority of bids occur at the end of the auction. This is done in order not to give out great interest in a particular lot and not to raise the price ahead of time.
You can distinguish an auction from a product with a fixed price by the inscription "Place Bid" opposite the price

How to buy on ebay with Order World and why is it profitable?

First of all, you need to decide on the product you want to purchase. There are two options here: find it yourself or contact our managers who will help you find the right lot from a trusted seller.

Once you've found the right item, it's time to decide on the maximum bid (maximum price) you're willing to pay.

Our company uses a special software that allows you to bid at the last second of the auction. The secret is that the bet is made up to the maximum amount you have chosen, but not more than one dollar of the competitor's previous bid.What does it look like in reality?

You have chosen a product and decided that you are ready to pay $100 as much as possible. In the last seconds, the robot scans this lot and sees that the previous bid is $78. Our bet will be $1 more - $79. This algorithm allows you to save as much as possible when bidding.
There is one important rule in ebay bidding: "Won a lot, you must buy it." In case of non-payment of the lot, you will be given a "Penalty" and banned from participating in auctions in the future.

That is why, in order to participate in auctions using Order World, you need to pay 50% of the maximum bid as an advance payment. This amount remains on your balance until the end of the auction, as a guarantee that you will not refuse the won lot. In case of loss, it will be returned to you in full.

Now you are as prepared as possible for the purchase of goods with the maximum benefit. Participate in ebay auctions and win!