Classic (English) auction
A type of auction, based on setting the minimum price as a starting point for further bidding.
The price is increased with each subsequent bid by a fixed step. Bids are known to all the participants. The final price is the last maximum price offered by one of the buyers at the time of the end of the auction. This participant becomes the winner.
35
Auctions launched worldwide
7
Bidding types available
10
Years of experience
All in 1 Solution
Intuitive interface of the auction platform provides flexible and convenient
system administration that the platform operator and his users to hold
auctions and close deals.
Classic bid
agent
Setting a reserve
price
Multi-lot
auctions
Fixed price
deals
Advanced marketing
tools
Different types
of payments
Classic auction
presentation & Demo
Find out how turnkey software could help you to launch
efficient English classic auctions quickly and save your budget
General Features
Unlimited number of
products
Analytics system
integration
Autobid
system
Advanced auction
configuration
Login via
social networks
Flexible commission
settings
Multilingual
interface
Mobile
friendly
Internal auction
blog
Fiat and crypto
currency support
Integration with
payment systems
Data export and
import
Emails and SMS
alerts
Finance
management
Integrated CRM and
reporting system
Classic auction rules
- Start price
The starting price is usually lower than the market price which always attracts players. - Bids
The buyer can make a bid which is higher than the previous one for the minimum step price or more. - Auction time
Auction time is limited and set up by the seller. - Winner
The winner of the auction is the buyer who offers the highest price at the end of the auction. They also obtain the right to buy the product at the final price.
Classic (English)
auction
A type of auction, based on setting the minimum
price as a starting point for further bidding. The price
is increased with each subsequent bid by a fixed
step. Bids are known to all the participants.
The final price is the last maximum price offered by
one of the buyers at the time of the end of the
auction. This participant becomes the winner.
Download Classic Auction
presentation & Demo
All in 1 Solution
Intuitive interface of the auction platform
provides flexible and convenient system
administration that allows the platform operator
and his users to hold auctions and close deals
Classic bid
agent
Setting a reserve
price
Multi-lot
auctions
Fixed price
deals
Internal marketing
and monetization
Different types
of payment
General Features
Unlimited number
of products
Analytics systems
integration
Autobid
system
Advanced auction
configuration
Flexible commission
settings
Login via social
networks
Multilingual
interface
Internal
auction blog
SMS / e-mail
newsletter
Data export and
import
Possibility of ERP
system integration
Fiat & crypto
payments
Why Merkeleon?
Registered partner of
one of cybersecurity leaders
Software, hosting, project
management included
Rapid launch within
2 weeks
Guaranteed response time
for technical support
Austrian IT-company with
10 years FinTech expertise
First auction software
with crypto payments
Why Merkeleon?
Registered partner of
one of cybersecurity leaders
Guaranteed response time
for technical support
Rapid launch within
2 weeks
Software, hosting, project
management included
Austrian IT-company with
10 years FinTech expertise
First auction software
with crypto payments
Contact Us
Contact Us
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