Frequently Asked Questions

It's an auction where the winner is the person who places the lowest bid that no one else has placed. For example, if two people bid $0.01 but only one person bids $0.02, the person who bid $0.02 wins. It's a game of strategy, not just spending power.

No. A lowest unique bid auction is legally considered a game of skill. The winner is determined not by random chance, but by their ability to strategically choose a bid value that others have not. Your success is based on foresight and planning.

Fairness and transparency are our top priorities. All bids are securely saved on our server. Once all auction slots are filled, the bidding period automatically closes. At this point, our automated system processes the complete list of saved bids to find the lowest unique one. This process is purely algorithmic, with no human intervention in the selection. For full transparency, the Transaction ID of every participant is displayed in the public 'Bidders List', confirming their entry.

In the highly unlikely event that every single bid has at least one duplicate, the auction prize would roll over to the next auction, creating an even larger prize pool.

You can purchase bid slots using USDT (a stablecoin pegged to the US Dollar) or our native BOBTC token. More payment options may be added in the future.

BOBTC is our platform's native token. The main benefit of using it is that you receive an equal number of Bonus Bids for free. If you buy 10 slots with BOBTC, you get 10 extra bids, effectively doubling your chances to win.

You can earn free "Gem Bids" by referring new users to the platform through your unique referral link, found on your dashboard. They are a risk-free way to participate in auctions.

No, all slot purchases are final and non-refundable, as they are part of the auction's prize pool. This is a game of skill, and the cost of entry contributes to the grand prize you are competing for.

Our system will immediately recognize that the transaction ID has already been claimed and will show an error message. Each transaction can only be used once to claim bid slots.

The prize for the auction is wBTC (Wrapped Bitcoin), a token that is pegged 1:1 to Bitcoin. If you are the winner, the wBTC prize is sent directly back to the same wallet address you used to pay for your bid slots. There is no need to provide a separate wallet address, making the process simple and secure.

The prize transfer is initiated automatically shortly after the auction winner is confirmed. The time it takes to appear in your wallet depends on the speed of the blockchain network, but it is typically very fast.

Yes. If you create an account, we use secure authentication methods to protect your data. You can also participate anonymously without creating an account by linking your bids to an email address.