How does bidding work?

Bidding is only available during Phase Two. Phase One is buy-now only.

Bids start at between $10 and $1,000 depending on the price of the domain in the pre-order phase. Each subsequent bid must be at least 5% greater than the previous bid. If you are outbid, you immediately get your funds back and can bid again. New bids will add additional time (~1 hour) to the auction to prevent auction sniping.

How does buy now work?

Every domain has a cap of $10,000. This means that you can buy any domain immediately for $10,000 instead of bidding.