Winning the Auction
- When the auction ends... the winner is announced
- Final price = total TiKs deducted from participants
- 1 TiK = 0.001 Fils
- The winner pays only the final auction price... and receives the product
- Remaining TiKs are automatically refunded to the winner's balance
Practical Example:
Ahmed, Nasser, and Sara joined an auction for an iPhone.
Sara joined with 30 TiKs, Nasser with 50 TiKs, and Ahmed entered with 200 TiKs.
Every 10 seconds, one TiK is deducted from the next participant in order.
Sara used 20 TiKs and exited the auction first.
Shortly after, Nasser used up his 50 TiKs and exited.
Ahmed continued until the end and was the last one remaining... he won the iPhone!
Total TiKs used during the auction = 30 + 50 + 50 = 130 TiKs
130 TiKs × 0.001 Fils = 0.130 Fils only!
Ahmed pays 0.130 Fils and receives the iPhone.
Since Ahmed joined with 200 TiKs and used only 130
70 TiKs are automatically refunded to Ahmed's balance.
🛒 If luck wasn’t on your side… Buy the product now!
- If you have participated in the auction
- You will see a Buy Now button
When should you buy the product?
- If you feel you won’t win or want to stop
- You can buy the product at any time directly
What happens when you buy?
- You get the product immediately without waiting for the auction to end
- You get a full refund of the TiKs you used in the auction
- As if you never joined the auction
- You are automatically removed from the auction after purchase
- In this case: You win the product + keep your balance!