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START PRICE

Start price of the auction is equal or a bit lower than in the market, which immediately attracts participants

REDUSE PRICE

Price reduced for a certain step, which settled by auctioneer, each time when participant watching the price

BID PRICE

To find out the current auction price and decide to buy or not, the user should spend a bid, for which he pays a small fee

WINNER

The winner of the auction is the one who first makes the decision to buy, when he see the current price