What is a User Auction?
Great news, we have expanded our Marketplace and we now support User Auctions! With our new User Auctions feature, Dynadot users can list a domain for auction, and the highest bidder may then receive the domain in their Dynadot account.
If you want to bid on a User Auction domain:
- Auctions last for 7 days, and you can bid anytime during that period. If a bid is received in the last 5 minutes of an auction, the end time will be extended by 5 minutes. This can happen up to 20 times before the auction's "end time" is set.
- You may place a proxy bid for higher than the current minimum bid. If someone else places a bid, the system will automatically bid for you until your max proxy bid amount is reached.
- Once a domain has been listed for auction, the auction cannot be cancelled by the seller.
- If you are the highest bidder when the auction ends, you have 3 calendar days to pay for the auction. Once you pay, the domain is moved into your Dynadot account.
- To bid on an auction, first create a Dynadot account if you do not have one. We require at least $5 account spending before you can participate in our User Auctions. You can prepay $5 into your account and use the account credit to pay for your first won auction, or any other purchase with us.
- Domains won in our User Auctions will be placed in "Buy Lock" status for 30 days.
NOTE: Domains purchased from a User Auction will not be renewed, and will retain their original expiry date.
If you want to list your domain for auction:
- We have a step-by-step guide on how to list your domain for auction.
- The auction will start immediately after you click the "Auction Domain" button. YOU CANNOT CANCEL THE AUCTION ONCE IT STARTS.
- Dynadot's auction commission is 15% of the final price. There is no listing fee at this time.
- All Dynadot User Auctions will last for 7 days.
- It is not possible to auction a domain that expires in less than 15 days as the processing period will take 5-20 days.
- Auction proceeds are given in account credit by default. This credit can be used as payment for any future orders placed at Dynadot.
NOTE: Dynadot now supports Payouts.