Terms & Conditions
Draft for legal review. This describes how the platform works today and will be replaced by the approved text before launch.
How auctions work
- Auctions are private: you join with an invite link or an invitation from the seller.
- A bid is a commitment to buy. The highest bid at the end wins if the seller’s reserve (if any) is met.
- Winners have 24 hours to pay. Payments are taken by the payment provider and held until delivery is confirmed.
- Some auctions charge a bidding fee, charged when you join or at your first bid. Where an auction refunds it, bidders who do not win are refunded; winners can have it counted towards their payment.
- If an item is not as described, report it within 48 hours of delivery and we will review it.
- Sellers pay a platform fee, taken from the winning bid before their payout.
Operator
[Legal name, registered address and contact of the operator]