Scandinavian auction or auction of a unique low ratehis is the kind of auction in which a product or service is put up for sale at a minimum cost. Bidders make bets with a fixed pitch. For each bet from the participant a certain fee is charged. The duration of the auction is set with their start, however, after each bet increases by the set amount. The winner is the participant who made the last bid.
For
Russia, these auctions are quite new. But in Europe they are already quite popular.
The main disadvantage is essentially a gambling auction (excitement, nerves, money).
