Quibids is a penny auction site which offers Buy Now, a feature which allows penny auction losers to apply the value of the bids they lost to the purchase price of an auctions. Here’s how it works- Let’s say you use 300 bids (worth $180) while bidding on an iPad. Even worse, let’s say that you lose!

Quibids allows you to then apply a $180 credit toward buying the iPad, if you choose to do so. This basically makes it less-risky to bid on an auction if you are prepared to purchase the item at retail anyways. Learn more about Quibds.

Posted in: Quibids FAQs