Reverse Auctions

Reverse AuctionsReverse auctions are the most sought-after auction format. Start your auction with the high-end price, such as the RRP/MSRP. As the timer counts down, the price of the item will decrease with each bid placed. As the admin you can determine how much the price is decreased by when a bid is placed.

And as with all of our other auctions, you can also determine the currency.