Online Bidding Sites, Why QuiBids is the Best Online Bidding Site
http://www.quibids.com/en/online-bidding-sites/
Like we said earlier, a lot of online bidding sites operate on the penny auction model, and QuiBids is one of them. Customers buy bids from QuiBids up front at a rate of sixty centers per bid, and when placed in an auction, a bid increases the final auction price by one cent, hence the term "penny auction."
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