How It Works
 
 
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Cashop works on the lowest unique bid auctions principle where a person with the lowest unique bid wins the auction. All the bids are placed in pence, i.e. 0.01, 0.02, 0.03, 0.04, 0.05 and so on. You may choose any amount to bid but make sure to always aim for the lowest unique bid. Sometime a relatively higher value bid can also be lowest unique if lower bids have siveral or no bids at all.

There can be three main types of bids

What is Status Bar (Bid Quota)?
Bid quota is the minimum number of bids required for an aution to close and if the time runs out before minimum required bids are placed then aution timer will automatically add more time to auction.

What is the Max Price?
Max price is usually a fraction of actual product value that defines the maximum price a member can place bid for.

There are two exciting ways to place bids on Cashop:

1. Account Bidding.
You may choose to place a single bid or multiple bids within your selected interval. For further information on how to use account bidding tool please refer to Account Bidding section of How it Works.

2. Bid Snipper.
Bid snipper is a automated bid pilot specially designed for busy people who can not sit and watch auctions all the time. bid snipper also gives you the facility to book a single bid or multiple bids at the same time. Detailed information on how to use bid snipper is available under Bid Snipper section of How it Works.

 
 
 
 
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