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VirtualStaX Support.

Get the most out of the platform. Contact us if you don’t find what you’re looking for.

How Do I Bid on an Auction?

Tap on Place Bid on an Issuer’s profile

  1. A New Bid may be placed on any of the 7 Auction days. It does not only have to be placed on Day 1.
  2. A Bid must be >= $1.00 in value.
  3. Once a Bid has been placed, the user may only withdraw the bid if the Bid Amount is less than the StaX Price. The StaX Price is calculated from Day 2 onwards. Any bids placed on Day 1, therefore, cannot be withdrawn until Day 2; and only if the Bid Amount was less than the StaX Price.
  4. Once a Bid has been placed the bid amount is reserved, the amount is deducted from the user’s wallet.