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QuiBid
Quibid or better known as Quibids and mostly searched in google as Qui Bids is one of the most popular penny auction web sites in the world. Penny auctions are a unique style of auction were each bid only raises the total auction price by 1 penny. The confusing point for people new to penny auctions is that you pay for your bids. www.Quibids.com charges $0.60 per bid. This is how penny auctions can afford to let items sell for 99% off retail. The price of $0.60 per bid is on the higher average when compared to other sites but the side effect is the total auction prices are much lower then other penny auction sites that sell bids for much lower cost.
I joined Quibid some where around four years ago and have never regretted the decision. For me Quibid was my very first experience with penny auctions, I can not stress how important it is to read and fully understand how penny auctions work before investing into the auctions. If your familiar with eBay then take everything you know about online auctions and throw it out the window. These types of auctions are incredible fun but can be time consuming and a great test of patients.
Please take you time and brows this blog for all kinds of information and strategies for winning auctions on Quibids.
Check out these free eBooks for how to win on quibids
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