The question about whether or not penny auctions are scams is one of the most commonly asked questions about penny auctions that we’ve ever heard. In our opinion, penny auctions are NOT spams, just by being penny auctions. That is, some may be scams but the auction format is clear and fair and participation is always optional.
We are confident that the longest-running penny auctions operate honorably and are also confident that there have, over the years, been several penny auction websites that were scams.
As a whole, we do not feel that penny auctions are scams.
Posted in: Penny Auctions