How does MadBid work?

What's behind MadBid

• So that you have a first picture of MadBid you can first of all say that it can be compared to eBay. But you can't leave this statement alone, because this auction house works a little differently in the details.
• First of all, it is comparable that there is a seller who presents his goods on the MadBid platform and offers them to you for sale. In order to be able to actively participate in the auction, you must first register on the site.
• After this has worked, you can convert your "real" money into so-called bids with a transfer. This is the fictitious currency that this auction house uses to bid. In addition to the DIRECTebanking.com website, you can also use your credit card and the payment option via PayPal for transactions.
• It is also possible to set up an automatic debit. However, this attitude very quickly leads to you losing track of the money you have just invested. A one-time purchase of Bids gives you greater control over yourself.
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This is exactly how bidding works

• After you are in your Account have locked in, use the search field to find the auction you want to participate in. All important data about the product itself, how long the auction is still running and where the current bid is, are displayed on the page.


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• Unlike eBay, there is no fixed countdown. As soon as you have placed the highest bid, a countdown of its own begins and during this period other participants can consider whether they would like to bid more. If this happens, your bid will be pushed aside and the countdown will start again from the beginning. The interval is usually very short and can be a few seconds, for example.
• In some auctions the seller has set up that you can use a button to buy it now. In this case, you can purchase the product immediately at the bid price displayed.
• After the purchase you have to pay the bid amount and the advertised shipping costs. You will receive a separately for this e-mail or SMS, depending on how you have set this in your user account.
• The amount of the latter is always advertised in the auction information beforehand. It is best to include this amount in your calculation beforehand.