search

⁉️Marketplace Auction

hashtag
Marketplace Auction Rules

hashtag
💸 Bidder POV

  • Every participant who places a bid is required to pay a deposit fee determined by the item owner.

  • The deposit you pay will be stored as a Locked Balance, which you can view in your Wallet.

  • The deposit amount varies depending on the value set by the item owner.

  • If you lose the bid, your deposit will be fully refunded. You can retrieve it by clicking “Claim Locked Balance” in your Wallet.

  • If you win the auction, you must complete the payment immediately. The final price will be reduced by the deposit you already paid.

Example: If you win a bid for 1.000.000 IDR and the deposit is 100.000 IDR, you only need to pay the remaining 900.000 IDR.

  • If the winning bidder fails to complete the payment within 1x24 hours, the deposit will be forfeited and given to the item owner for free.

  • Anti-sniping rule: If a bid is placed when the remaining auction time is under 5 minutes, the auction time will automatically be extended by 1 minute. This can repeat multiple times to prevent last-second bidding.

  • Items that have been fully paid for can be claimed via RODeX in-game.

hashtag
💰 Item Owner POV

Disclaimer: Auctions are intended only for items you consider highly exclusive, as starting an auction requires a paid listing fee.

  • The auction listing fee varies depending on the duration:

    • 1 day: IDR 100.000

    • 3 days: IDR 250.000

    • 7 days: IDR 500.000

  • If your item does not sell, you will still be charged the fee above, as the payment is non-refundable.

  • The minimum starting price to list an item for bidding is IDR 1.000.000.

  • You may set a bid deposit fee that bidders must pay to participate. This fee must not exceed the item’s minimum starting bid.

  • If a buyout occurs, the funds will be transferred to you immediately. If the auction ends with a winning bidder, the funds will be transferred to you after the winner completes the payment.

  • If the winning bidder fails to complete the payment within 1x24 hours, you may claim the bidder’s deposit fee from the Bid section. Therefore, make sure the bid deposit fee you set is higher than the auction listing fee to avoid losses.

Example: If you list Item A for 7 days (listing fee: IDR 500.000), it is recommended to set the bid deposit fee higher than IDR 500.000 to ensure you do not incur a loss.

PreviousMarketplace 🔥HOT🔥NextPARTY FINDER ( Read Here! )

Last updated