VIPauction: Is the website serious?

The VIPauktion.com site attracts with incredibly cheap offers. But can such a site be serious? In this article, we explain what is behind it.

VIP auction: If you want to bid, you have to pay

VIPauktion offers a mixture of auction and gambling. The winner is the bidder who makes the lowest individual bid. For example, if you are the only one to bid 53 cents for an Apple Watch and no one else is the only one to offer a smaller amount, you win. But how does it work?

• The VIP auction does not offer money, but only offers points. Users have to buy these beforehand.
• If you bid on an item, you lose the bid points, whether you win or not. With thousands of bidders, VIP auction can make a lot of money this way.
• The chance of a sense of achievement is very small, so it is less an auction than a game of chance.
• The company is based in England, so users cannot rely on German legislation. Nevertheless, the provider does what it promises - whoever wins will reliably receive the product.
• Consumer protection still warns of sites like VIPauction. As with any game of chance, there is a certain addictive potential here, the actual chance of success is not mentioned by the VIP auction.
• It should also be mentioned that in the past, cases of fraud through certain meshes were not uncommon.

Alternative sales platforms such as Rebuy, eBay and Co. are fairer.