Auction: Difference between revisions

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The auction process is usually split into 2 phases, however if specific IDs are being auctioned off, phase 2 will start straight away.
The auction process is usually split into 2 phases, however if specific IDs are being auctioned off, phase 2 will start straight away.
'''Before bidding on an ID, read the auction rules a stated on the [https://xat.com/web_gear/chat/Auction.php auction page].'''


===Phase 1 - Pre-Auction=== <!--T:8-->
===Phase 1 - Pre-Auction=== <!--T:8-->
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If you select this option, you will be given the register link for you to be able to register the ID like a new account.
If you select this option, you will be given the register link for you to be able to register the ID like a new account.


==The Bidding System==
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The bidding system follows these guidelines:
*You must have the amount of xats/powers to the amount you are bidding, if you do not have that amount your bid will not be processed.
*You cannot bid on a registered ID or a previously used ID.
*You can only have one open bid on per account.
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*You may bid more than the xats you have, if you have unlimited powers and the system will take those powers and add those into your bid.
*Your account must comply with xat terms of service.
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*Your bid is a legal bid, you cannot remove it once you bid, so think twice before pressing "enter bid".
*The minimum bid is 1,000 xats, unless the ID has a higher bid on it, you must bid higher than that bid.
Please note that xat reserves the right to block any id from being auctioned.
==Frequently Asked Questions== <!--T:10-->
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'''I'm trying to bid on ID 1111111 and it isn't available, but it's not registered.'''
*This is because you are trying to bid on an ID that has been used in the past, and has never been registered.
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Revision as of 18:50, 3 November 2016

xat has an auction system where you can bid for unique identification numbers (IDs).

The auction page is located here: http://xat.com/web_gear/chat/Auction.php If you are looking for Powers auction information, please click here.

Auction

The auction process is usually split into 2 phases, however if specific IDs are being auctioned off, phase 2 will start straight away.

Before bidding on an ID, read the auction rules a stated on the auction page.

Phase 1 - Pre-Auction

The pre-auction phase is where users submit IDs to be bid on, according to the restrictions. For example, if it was a 7 digit auction, someone could submit a bid of 1,000 xats for ID 1331331. The top 5 IDs in phase 1 (signified by a bold line) will go into Phase 2 - Auctioning.

Phase 2 - Auctioning

The top 5 IDs from Phase 1 are now up for bidding.

At the end of the auctioning phase, the highest bidder on an ID will be able to claim it. When the timer for an ID reaches below 10 minutes, bids submitted in this phase will extend the timer for that ID by 10 minutes, and by 5 minutes if the timer drops below 5 minutes.

Note: You can only have one open bid on per account.

Claiming an ID

If you won an ID in the auction, to claim it, go to the auction page located at: http://xat.com/web_gear/chat/Auction.php and then submit an empty bid for the ID that you have won and you will see a dropdown menu giving you two options:

Transfer to new ID

If you select this option, your account's ID will be swapped and you will keep your registered username, xats, days, powers and friend list.

Get reg link for new ID

If you select this option, you will be given the register link for you to be able to register the ID like a new account.