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Iauctionx is a lottery company, licensed and regulated by the Lagos State Lottery Board. She was founded to upgrade the living standards and livelihoods of people. The game consists of a series of auctioned items placed for bids. Users bid for the items by staking a small amount of money, and they can stake as many bids as possible to increase their chances of winning. Every auction has an expected number of particpiants. Once the auction is closed, an instant computer raffle draw is drawn automatically, to select the winner. In a case where the expected number of participants is not reached, the winnner takes 70% of the total money for that auction.
To play and participate you need to fund your account or buy credits first. The credits you buy goes to your e-wallet and they belong to you you and stays in your account. You bid for auctions when you go to the auctions page and stake the bid amount. The amount is debited from your account as you bid. You can bid for an auction as many times as possible to increase your chances of winning.
The e-wallet is a virtual storage of iAuctionX credits you buy from your Naira account. The credit value is the same as Naira value for the game. That is (1:1). Meaning =N=100 is equivalent to 100 credits, 1,000NGN is equivalent to 1,000 credits and so on. You use the credits in your e-wallet to buy bids and enter auctions. Once it's exhausted or goes below the minimum bid amount for the auction you want enter. You need to go to your account profile and add more funds (buy more credits).
You go to your user profile account to add funds to your e-wallet through our secured payment platform. Many options for payment to your e-wallet account are available; Card payments, USSD and Bank transfers.
Contact customer care via livechat on the website or send a mail to the customer support from the 'contactus' page, including the time of transaction. Once the information reaches iAuctionX team, the issue will be investigated and resolved almost immediately.
To create your password, click on the link again in the confirmation mail sent to you after you registered. Make sure you enter the password and confirm your password correctly. The two must match. The passwords can be any character (digits, numbers, alphanumerics). The passwords should save successfully, after which a link to your profile account will be displayed.
Go to the login section on the navigational menu and click forgot paassword link. Enter your registered email, link will be sent to your box, to reset your password.
Login and go to your profile account. You can make changes to your name and personal details there. But you cannot change your registered email.
Every auction has an expected number of particpiants. Once the auction is closed, an instant computer raffle draw is automatically drawn to select the winner. In a case where the expected number of participants is not reached the winnner takes 70% of the total money for that auction.
Yes! People win lots of money and items after every auction. Visit our instagram page and facebook page , and listen to the testimonies from various winners. iAuctionx is trasparent and equitable. Anybody can be a winner!
All winners are displayed on the winners page of the website along with the prizes won,immediately after auctions are drawn. Big winners are also contacted by iAuctionX team.