342 Registered Users - $687.50 Current Deposits - 98 Auctions Won - 22 Direct Purchases
Hey everyone, its Coinhawk here with the Update #1 of Coinhawk.com's Auction Platform.
As you can see by the numbers above, it's been a great start! Coinhawk initiated as a Bullion & Rare Coin auction site that had every intention of moving into Cryptocurrency. I started an Instagram Account @coinhawk that has accumulated close to 2000 users to help do testing. After two years of tweaks and polishing it is finally ready for Primetime. There is work to be done...we are still in beta..but the site is fully functional and ready for participants. I have been waiting for this moment to introduce the platform to the Crypto Community. We already had plenty of testers in the Bullion Community. I wanted to present a pretty package to all of you!
You can see the Full Introduction & Tutorial here:
https://steemit.com/steemit/@coinhawk/introducing-coinhawk-com-beta-live-crypto-and-bullion-auctions-full-tutorial-and-steemit-offer
Coinhawk has been meticulously engineered to be unlike any auction platform out there. No detail was left unturned when it comes to providing a great user experience.
Here are a few of the key reasons to be active and support Coinhawk:
1.Auctions are fair! We created parameters so that a user with $5 in their account has the same offs of winning a user with $500.
- There is no price gouging! Right now there is a 10 Steem Auction that someone will enter and win for $1.75 USD$.
- It's another platform besides Coinbase where you can buy Crypto directly with USD$.
There are plenty more but I want to focus on the Limited Seat Auction features on this post.
As you can see we already have Crypto Users on the site and Buying In to auctions. This one has 5 seats open @ $1.75 each before it locks and the 10 Participants battle it out for 10 Steem. Great Odds and Low Premium.
For those who want an easy reference as to how these Seated Auctions function, I would suggest a poker analogy. It's quite simple...Those with the best strategy will win!
If the auction does not fill up, the auction will cancel and all users who bought in will be refunded immediately as the timer expires. If the auction doesn't occur no money changes hands. This should encourage everyone to buy seats well ahead of time.
This is how I keep track and never miss an auction. Feel free to copy this. It helps a ton!
You fund your account through the BUY BIDS tab in the menu. Options start as low as $12.50 to try out the site for cheap!
We are running a New User Special. Any new user who signs up and funds their account with $12.50 will have that amount doubled! $25.00 for only $12.50. That will give you plenty of fire power to participate in multiple auctions and hopefully win some currency!
My initial strategy would be to find auctions that already show a good amount of users who already bought seats. Fill those up and then sign up for the next ones so they start accumulating participants!
Comment below with any questions. I will be happy to answer.
Enjoy the site!