Banknilami: What is a no reserve auction?

In no reserve auction, there is no reserve price. in reserve price seller have to set a minimum price of the auctioned item and it will be not changed after it.

Most auctions are no reserve auctions because The amount is then openly announced so bidders avoid these types of auctions.

https://www.banknilami.com/

Banknilami.com is one of the leading websites in India which is running live auctions daily and giving a good experience to their customers.

Banknilami

Friday, January 24, 2020

What is a no reserve auction?

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