Biidit International

an honest, no strings attached online bidding site! biidit international trading as biidit.com is an australian online retail auction site headquartered in gold coast, queensland, australia. it is the newest and most revolutionised interactive online bidding site. the site operates as a bidding fee auction, also known as a penny auction. biidit.com has noticed that the typical brick and mortar store is struggling and has put in place a platform using e-commerce to keep the traditional concept moving. the final prices of the items are typically much lower than other auctions, but all bidders pay to bid. losers of the auction have the option of paying the retail price, minus the cost of their bids. it advertises the price products are auctioned at and displays a live timer. the site runs 24 auctions per day and allows their customers to withdraw 50% of non spent funds. biidit.com closed down in early october 2014.