Eligibility and Requirements for Participating in SWAPD Auctions
To engage in our auctions, you must:
- Possess a registered and ID Verified SWAPD account.
- Avoid bidding if there is no intention to pay. Failure to settle bids can lead to termination of your SWAPD account.
- Ensure your computer’s time is set to synchronize automatically with ‘time.windows.com’. Incorrect time settings can affect auction countdown accuracy, and SWAPD is not liable for any missed auctions due to this. More details can be found here.
- Consent to our Terms of Service, Transaction Contract, and familiarize yourself with our policies on taxes and invoices.
- Review the SWAPD auctions seller guidelines.
- Familiarize yourself with our pre-auction checklist.
- Accept the SWAPD auction fees.
- Understand and agree to the responsibilities of buyers and sellers.
SWAPD Auction Rules and Code of Conduct
- SWAPD reserves the right to exclude participants from any auction at our discretion.
- We may also remove any bids deemed suspicious without prior notice.
- Non-payment by auction winners will result in SWAPD membership termination.
- Maintain professionalism and politeness. Avoid expressing personal opinions about the value or quality of auction items as it’s a place of business.
- Be cautious with Max bids. Do not place exaggerated amounts you are not willing to pay. Failure to honor a winning max bid can lead to a ban.
- Auctions cannot be canceled once live.
- In the event of website errors or failures during an auction, SWAPD.co reserves the right to determine the winner at our discretion or relaunch the auction in rare cases.
- Adhere to the payment rules specified in each auction. Payment methods, which include USDT/USDC, credit cards (for certain user levels), and bank wires, cannot be changed without the auction owner’s consent.
- The SWAPD fee calculator does not provide estimates for auction-related costs.
- Dual listings (auction and regular listing) for the same asset/service are prohibited.
- Post-auction, transactions convert into Checkout Tickets subject to standard SWAPD rules. A 24-hour grace period is provided for buyers to verify the seller’s claims.
- All bids and offers in auctions are made in USD.
For assistance or inquiries prior to starting an auction, contact @Administrators or email support@swapd.co.