After registration of your account, the following things will happen:
- The item starts at a price of 1 peso
- Buy bids or use your free bids
- Find an item you like and place a bid
- 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 pay for the final auction price (e.g. 1.50 = One Peso and Fifty Centavos) including the minimum shipping fee.
For complete information, visit: Pinoy Tiangge: Frequently Asked Questions