Hey guys, wanted to set some ground rules for future auctions in here since we've never really had any set, and it seems more people are interested in doing them. We don't want multiple auctions happening all at once, as I think it could get a bit chaotic, and want to make sure it's fair for everyone involved. These rules will be added in the first post as well. But you can read them all below.
Auction Rules as of September 2019 (Rules subject to change)
- One Auction at a time
- Auctions can last up to 10 days in total.
- Must get approval from a mod/admin before starting an auction (Contact Admin, Brem, or email us at email@example.com with the game(s) you want to list)
- Must have a minimum of 10 completed trades to start an auction
- Auctions can only be bid on with Leaptrade credit; users cannot bid with cash, games, or other items
- Users can start 1 auction per month each
- Users can start up to 5 auctions each, within a single year
- Starting bid must start at the market price of the game, or lower. It cannot start above market price. But can start at a lower price point if you want.
- Users must have the credit available at the time a bid is made.
- If a user doesn’t follow through with their winning bid, or doesn’t have the credit available once the auction ends, they will be disqualified from future auctions. (Can attempt to appeal by contacting a mod/support.)
- If a user cancels their auction at any point before the due date, it disqualifies them from starting future auctions, though they can still bid towards future auctions if they have the credit. (Can attempt to appeal by contacting a mod/support.)
- Anyone who use secondary accounts to increase the bid for their own auction, will be disqualified from future auctions. (Can attempt to appeal by contacting a mod/support.)
What happens at the end of an auction:
Once an auction ends, we will remove the credit from the winner, and put it on hold until the game is delivered to the winner. Once it’s delivered, we can then move the credit over to the user who sent the game. This way you won’t have to set up multiple F2F (friend to friend) trades if the bid ends up going high. You’re still free to do a F2F trade if the bid isn’t too high, but even then we can just move the credit over ourselves for a much faster process all around.
If you have any questions about the rules above, or the auction in general, please do let us know.
If you're interested in doing an auction, please feel free to shoot me a message with what game(s) you want to put up. If more than one person wants to do an auction, whoever asks first, gets first digs on starting one, and then next person after, and so on.
I wanted to get these rules out before someone else decided to start their own auction after the current one. The auction for Legend of Zelda Link's Awakening - Nintendo Switch from Games4Trade is still ongoing though. Just wanted to update you's all real quick.