Auction (Dutch, English, dynamic)
A competitive sale format where buyers bid to set the price, run as English (ascending), Dutch (descending), or dynamic timed auctions.
Published on June 30, 2025By Namefi Team
- glossary
Auctions are competitive bidding processes used to determine market price and sell domains. English auctions start with a low price and bidders compete by raising bids until only one remains—common on platforms like eBay. Dutch auctions start with a high price that gradually decreases until someone accepts—ensuring quick sales at market-clearing prices. Dynamic auctions adjust their mechanics based on demand, participation, or other factors.
Related keywords
- auction
- Dutch auction
- English auction
- dynamic auction
- price discovery
- domain sales