HOW DOES IT WORK?
Auction Basics
Auctions are a traditional way to
establish
the value of unique and rare items. With
online bidding, you can participate from anywhere in the world in BNESIM's auctions for
VIP phone numbers.
Who can attend the auction?
BNESIM phone numbers auctions are
free and
open to the public, and there is no obligation
to bid.
How does bidding work?
At the close of the auction, the
user with
the highest bid wins the auction, as long as
that bid is at or above the auction's reserve price. The reserve price is the minimum
price that BNESIM/Seller is willing to accept for the VIP phone number.
The minimum bid you can place is
either the
starting price of the auction or the current
high bid plus the bid increment.
How does the auction
finalize?
After the bidding time ends, you
will be
notified on the auction and detail pages as well
as via email. If you are the winning bidder, you will receive an invoice shortly after
the auction including your total charges along with payment and with your VIP phone
number.
How does the deposit work?
BNESIM requires a 10% deposit of
your bidding
value (up to a maximum of 20,000 euros)
when you join the auction to ensure fairness and discourage unserious bidders.
Once you make a deposit, the
funds will be
transferred to your BNE wallet and securely
blocked using the Solana Blockchain. If you do not win the auction, your deposit will be
automatically released from the BNE wallet and you can return it to your credit card.
If you are successful in winning
the auction,
you will be required to pay the remaining
amount for the VIP phone number. However, if you decide not to purchase the phone number
after winning the auction, your deposit will not be refunded.
Do you have a question?
Send us an
email
or
Chat
with our agent