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Friday, November 25, 2011

PisoBid Penny Auction Website In Philippines

PisoBid is another penny auction website in Philippines wherein a member can win an item just by bidding. Just like the usual bidding process, the highest bidder wins in auction.

How does this PisoBid works?

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!
    You buy bid packs using PayPal, Major Banks and or Cashsense by 7-11 and MLhuillier. Bid packs start at 200 pesos. So what are you waiting for? Join now and start bidding. Click the button below to register.

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