How does DealDash.com work?
DealDash.com is an online auction platform that operates on a unique bidding system known as "pay-to-participate." To start, users must create an account and purchase bid packs. Each bid placed on an item increases the price by a small increment and resets the countdown timer. This process allows other users to place their bids before the timer runs out. If no further bids are placed, the last bidder wins the item at the final price, which is usually significantly lower than the retail value. However, if others bid, a new auction round starts, and the process repeats. DealDash also provides a Buy It Now option, allowing unsuccessful bidders to purchase the item at retail price and receive a refund of their used bids.
Answered Nov 1, 2023
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