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UK's Only Penny Auction Website Launched  
Published:  6/13/2008 6:54:09 AM
Company Site:  http://www.prweb.com/releases/2008/6/prweb1020394.htm
Category:  Internet
Last View 5/19/2012 8:13:56 PM
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Technology PR:

UK June 13, 2008 -- Bestcent.co.uk is a new innovation that offers extremely cheap items to its customers in UK. Bestcent.co.uk introduces a new type of a bidding war auction. It will be the first so called one-penny-auction in Britain. It differs from traditional lowest unique bids by its minimum price for every item on the site is £0.00 and you may only bid £0.01 at a time.

In a traditional lowest unique bid auction, the minimum price you can bid is typically set to $0.01. When the auction closes, the bid with the lowest price no one else has bid wins the auction.
The original idea of this one-cent-auction was invented in Scandinavia, where directors of the company are based.

How does bestcent.co.uk work? You will see a list of various items on the site. Every item will have a timer (3 to 5 mins) that shows when the bidding of the item will be closed. Once it hits zero, the system will check the last bidder and he/she will win the auction and may buy the product with the bid he/she set. All products will start with the price of £0.00 and you may only bid £0.01 at a time. Each time you or someone else bids on an item, the timer will reset. For example, if the highest bid of a tv on the site is £0.01 and you bid on the product. The highest bid will rise to £0.02 and so on.

Every bid costs £1.50 if the bid is sent by SMS or less than £1.00 if a the customer uses prepaid bid vouchers, that may be purchased at bestcent.co.uk site with Visa, Mastercard, American Express and Diners Club cards.

Now as an opening bonus Bestcent.co.uk users who invite friends to register at the website can win a LCD TV!

Bestcent.co.uk site features items like:

- Sports Cars
- LCD TV's
- Game Consoles
- Vacation and travel vouchers
- Cell phones
- Brand name electronics

For more information, please contact contact @ bestcent.co.uk
Bestcent Online Auctions



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