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Announcement
- the customer places announcement about property (lot) sale
- announcement contains property description, its price and quantity, conditions of participation in the auction
- deadline for submitting orders, date and time of the auction are stated
- announcement is viewable by all users without any registration
- published at 00:00
- in Ukrainian and English
Registration
- user fills the registration information of the company and contact person
- confirms email by following the link in the email
- gets access to the users' personal account
- to apply must complete authentication (acceptance of contract-offer)
- 24/7
- registration time - 5 minutes
Application submission
- user accepts the Terms of a public contract-offer (declaration of acceptance)
- concludes an agreement for providing the guarantee fee
- pays to the customer the guarantee fee (10% of the initial lot price)
- submits online order with a copy of the guarantee fee payment receipt
- 3-7 working days of submission (till 24:00)
- only in electronic form (24/7)
Application verification
- order is verified by organizer within 1 working day
- compliance with the requirements of the metal scrap realization Procedure is verified
- after the audit user receives the right to participate in the auction or gets refusal
- customer confirms receiving guarantee fee
- 1 working day
- result - online and via email
Auction
- online mode to increase prices (minimum 2 participants)
- anonymous trades (available only participants ID numbers)
- viewable to all interested persons without any registration
- Information about participants is opened and protocol is made after completion
- electronic online auction
- the auction time – from 11:00 till 13:00
Settlement
- winner pays a fee (1% of the initial lots' price) to the organizer
- winner, organizer and customer sign the protocol
- winner and the customer conclude the supply agreement
- guarantee payments return to all participants, except winner
- protocol online
- agreement outside the platform
