After going through the process of registering an account and buying bid packs, you may now start bidding on an item that you like in the auction. Once you’ve placed a bid, the following things will happen:
- The item starts at a price of 1 peso
- The price of the item goes up by 1 Centavo (0.01 peso)
- The timer resets itself to allow other users to place a bid; similar to a physical auction where the host yells: “Going Once, Going Twice… Sold!”
- You are now the highest bidder. If you’re on top when the timer runs out, and nobody else places a bid after you, you win the auction!
*COURTESY OF PISOBID*
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