Auction: Difference between revisions

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xat has an auction system where you can bid for unique identification numbers (IDs).<!--T:1-->
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xat has an auction system where you can bid for unique identification numbers (IDs).


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


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== Auction == <!--T:15-->
==The bid system==


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.
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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.


You cannot BID on a REGISTERED ID or a PREVIOUSLY used ID.
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'''Before bidding on an ID, read the auction rules as stated on the [https://xat.com/web_gear/chat/Auction.php auction page].'''


You can only have one open bid on per account.
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'''Note:''' You cannot bid on a registered ID or a previously used ID.


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===Phase 1 - Pre-Auction=== <!--T:8-->
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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The pre-auction phase is where users submit IDs to be bid on, according to the restrictions. For example, if it were 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.


xat reserves the right to block any id from being auctioned.
===Phase 2 - Auctioning=== <!--T:9-->


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


The minimum bid is 1,000 xats, unless the ID has a higher bid on it, you must bid higher than that bid.
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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.


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== How does the auction work? ==
'''Note:''' You can only have one open bid per account.


===Phase 1 - Pre Auction=== <!--T:8-->
=== Claiming an ID=== <!--T:12-->
The top 5 ID's with the highest bids on the list will go into phase 2 (the real auction).


'''Note:''' This is sometimes skipped and xat staff choose the IDs for the auction as they like.
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If you win an ID in the auction, you now need to claim it. To do so, go to the auction page and then submit an empty bid for the ID that you won and you will see a drop-down menu giving you two options:


===Phase 2 - Real Auction=== <!--T:9-->
==== Transfer to new ID ==== <!--T:23-->
The top 5 ID's from phase 1 are now in the final process.
 
The highest bidding ID will be sold and the winner will win that ID.
 
Bids entered in this phase will extend the auction for that ID by 10 minutes.
 
'''Note:''' You can only have one open bid on per account.
 
=== Phase 3 - Claiming an ID=== <!--T:12-->
If you won the ID auction, You need to go back to http://xat.com/web_gear/chat/Auction.php
 
And then bid again and once you bid again you will see a dropdown box stating
 
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*"Transfer to new ID" Or "Get reg link for new ID"


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Transfer to new ID option transfers your registered username, xats, days, powers.
If you select this option, your account's ID will be swapped and you will keep your registered username, xats, days, powers, gifts, xatspace, friends list, and the email associated with your account. You will also be given a register link to register your old ID (the one you used to bid) like a new account.


Get reg link for new ID gives you the register link to register the ID yourself.
==== Get reg link for new ID ==== <!--T:24-->


==Frequently Asked questions== <!--T:10-->
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'''''I am trying to bid but it says I don't have enough xats/powers when I do.'''''
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.
*Make sure you are inputting the right amount


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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 never been registered.
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Revision as of 10:23, 27 March 2017

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 as stated on the auction page.

Note: You cannot bid on a registered ID or a previously used ID.

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 were 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 per account.

Claiming an ID

If you win an ID in the auction, you now need to claim it. To do so, go to the auction page and then submit an empty bid for the ID that you won and you will see a drop-down 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, gifts, xatspace, friends list, and the email associated with your account. You will also be given a register link to register your old ID (the one you used to bid) like a new account.

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.