በሳንቲም፦ ዝቅተኛ ልዩ የጨረታ ቁጥር ያሸንፋል
How Besantim reverse auctions work in Ethiopia
What is Besantim?
Besantim (በሳንቲም, also written በSantim) is a lowest unique bid reverse auction platform in Ethiopia. Participants choose bid amounts in Ethiopian birr (ETB). When an auction closes, the lowest eligible amount entered exactly once wins the prize.
How does a lowest unique bid auction work?
A bid must be both unique and lower than every other unique bid. For example, if 1.00 ETB is entered twice, 2.00 ETB once, and 4.00 ETB once, 2.00 ETB wins. This is an illustrative example; actual results depend on all eligible bids at closing. If no bid amount is unique, there is no winner.
How do I join a Besantim auction in Ethiopia?
Browse the prizes and read the auction’s bid limits, step size, service fee, and closing time. Sign in using your phone number and verification code, or use the Telegram Mini App. Choose your bid amounts, review the total charge, and confirm using the available payment options.
Is the bid amount the same as the service fee?
No. Your bid amount is the number you enter to compete. The bid service fee is a separate charge for each submitted bid and can vary by auction. Review the displayed fee and total before confirming. Paying a fee or entering more bids does not guarantee a win.
Where can I see winning numbers and results?
Open Ended auctions to view completed auctions and their published results. The prize page shows the winning amount and winner details when available. A number that won a previous auction may not win again.