Ranking of fair penny auctions

Compared items
7
Last participation
2 months
deposited opinions
14
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fair penny auctionsOpinions Status Payments reported on FoxyRating Payment SolutionsEntry on FoxyRating Referral rate on sale Delivery charges Cheapest single offer value
1
Lucky Bids
1
Lucky Bids
2
New
IIIIIIIIII
4 years5%0 €0.01 €
2
Zeeprice
2
Zeeprice
7
New
IIIIIIIIII
14 years0%0 $0 $
3
Twinies
3
Twinies
1
New
IIIIIIIIII
6 years0%0 €0 €
4
Swoggi
4
Swoggi
1
New
IIIIIIIIII
10 years0%0 €0 €
5
Vavabid
5
Vavabid
N/A
New
IIIIIIIIII
6 years0%0 €1 €
6
Enchere Vip
6
Enchere Vip
4
Doubtful
IIIIIIIIII
10 years0%30 €0 €
7
BidRivals
7
BidRivals
5
Scam
IIIIIIIIII
13 years0%1 $0 $
1
logo Lucky Bids
Payments reported on FoxyRating
IIIIIIIIII
Payment Solutions
Entry on FoxyRating
4 years
Referral rate on sale
5%
Delivery charges
0 €
Cheapest single offer value
0.01 €
2
logo Zeeprice
Payments reported on FoxyRating
IIIIIIIIII
Payment Solutions
Entry on FoxyRating
14 years
Referral rate on sale
0%
Delivery charges
0 $
Cheapest single offer value
0 $
avatar
Sheriff23
1 · 2 months
This platform has a very bad reputation to their self i never new they are scam till i was denied of my withdrawal but al thanks to
Marketpeace.net for helping me with my refunds. be guided guys it not too safe out there to invest your funds but if you are already a victim you still have their chance to make it right
3
logo Twinies
new
3
Twinies
Payments reported on FoxyRating
IIIIIIIIII
Payment Solutions
Entry on FoxyRating
6 years
Referral rate on sale
0%
Delivery charges
0 €
Cheapest single offer value
0 €
4
logo Swoggi
new
4
Swoggi
Payments reported on FoxyRating
IIIIIIIIII
Payment Solutions
Entry on FoxyRating
10 years
Referral rate on sale
0%
Delivery charges
0 €
Cheapest single offer value
0 €
5
logo Vavabid
new
Not rated
5
Vavabid
Vavabid.fr is an online auction site. So you can get many things at the best price. With Vavabid you can buy stays, go out to eat, rent a hotel room where even products such as kitchen utensils, high-tech equipment or DIY tools and all at the best price. You only need to login, participate in ...
Payments reported on FoxyRating
IIIIIIIIII
Payment Solutions
Entry on FoxyRating
6 years
Referral rate on sale
0%
Delivery charges
0 €
Cheapest single offer value
1 €
6
logo Enchere Vip
doubtful
6
Enchere Vip
Payments reported on FoxyRating
IIIIIIIIII
Payment Solutions
Entry on FoxyRating
10 years
Referral rate on sale
0%
Delivery charges
30 €
Cheapest single offer value
0 €
7
logo BidRivals
scam
7
BidRivals
Payments reported on FoxyRating
IIIIIIIIII
Payment Solutions
Entry on FoxyRating
13 years
Referral rate on sale
0%
Delivery charges
1 $
Cheapest single offer value
0 $
Know more about fair penny auctions

This kind of site was subject to controversy and is still sometimes now,  including about their mode of operation, which are sometimes opaque. But since 2014 it has largely settled: the solution leaving the reverse auction as the auction site by private sale. 

 

How does it work? 

Each site operates atypical but in general the user must purchase a pack of virtual currency which will participate in the auction. Filed a bid means that if after so many seconds nobody outbids the lot is won. 

Each time (always a sum equal: often equivalent to 1 cent) increases the price of the lot. 

Besides the pack virtual currency to buy, the final price of the lot is of course the responsibility of the winner. 

ééEverything is so good to be dosed winner: it should be a clever calculation between the money invested in the pack and that it will cost if you win an auction. With this in mind it is often advise waiting until the auction is scarce in time to start playing. Otherwise it's like throwing money out the window as it rarely happens that a lot parte quickly. 

Some providers offer the opportunity to purchase the coveted losers in return for repayment of their investment on that particular lot object. 

This ranking is therefore to identify sites where all is well in order to develop it but also to warn users about the thus offering decried service.

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