Break-in Bidding

Published: 2019-09-30


Contents

I. What Is Break-in Bidding?

II. Related Rules

III. Break-in Bidding Process



   I. What Is Break-in Bidding?

Break-in Bidding means that if a user has not pre-ordered a domain name, after the bidding starts, they can pay a 40 yuan break-in fee (the exact amount is subject to the amount displayed on the page) to obtain bidding eligibility.


   II. Related Rules

1. The 40 yuan break-in fee (the exact amount is subject to the amount displayed on the page) will be refunded if the user ultimately wins the bid, and will not be refunded if the user does not win the bid.

2. If there is break-in revenue and the domain transaction is successful, 60% of all break-in fees collected will be distributed equally among users who pre-ordered the domain name. 


   III. Break-in Bidding Process

1. After logging in, go to the Pre-registration Auction list page.

2. On the Pre-registration Auction list page, find the domain name you want to break in to bid on, and click "Bid" to enter the bidding details page.

3. On the bidding details page, enter the bid amount, and then click "Break In and Bid".

4. The system will prompt the user to confirm, with the message "Confirming the break-in will directly deduct 40 yuan." After confirmation, the user obtains bidding eligibility.

5. Return to the bidding page, re-enter the bid amount and place the bid. After bidding, you can view the bidding status (leading or outbid) on the current page.

6. If a user only breaks in to bid within 5 minutes before the bidding ends, the transaction end time will be extended to 5 minutes.