YEM Bids is the way you can buy and sell all kinds of items, both new and used for YEM. The landing page is updated. So, now it focuses more on the free shopping benefits, as you can see in the image.
YEM Bids Auction Platform – As we know that; Cryptocurrency is becoming popular each and everyday. And, it is accepted in various form and one of the example is this YEM Bids platform; where you can bid with a cryptocurrency called YEM Coin (Your Everyday Money).
It is a place where you can Sell/Buy everything you want. For example; you want to sell your iPhone, just place a bid in (YEM). And, when someone gives you your desire bid, then, you close a deal and complete a bid. This is really fantastic and the unrealistic is becoming now realistic. I just want to Congratulate Cryptocurrency World for this success and bear in mind that; this is just a very beginning with YEM Coin.
When you set up the auction. There are categories for services. Such as; translating, proofreading, copy writing, graphic artwork, creating pictures, whatever, pick what fits best for your offered service.
Remember be honest, be respectful, read the terms. And follow the rules; (check the Additional terms for Shobbit Merchants for details, it’s at the bottom of the full Unicorn Network terms). And if you have questions, see the FAQ on, check WazzUb, or ask Support.
Various other improvements have been made on the YEM Bids platform to security/KYC/AML procedures also. You might have seen a few new messages displaying depending on your profile status.
To be clear, in order to bid on YEM Bids, buyers must have both their YEM Bids profile filled and have their Safe Zone Pass account updated, including the ACTIVATE WALLET hexagon before they can place a bid.
Sellers must also have their YEM Bids profile complete, and also their Safe Zone Pass account updated including the LIFT LIMITS hexagon (POI/POA uploaded) before they can sell an item.
For those Sellers who were wondering if the buyer pays in free YEM, what happens? You receive regular YEM.
Sellers, if you have questions on what type of products are allowed or not allowed, please see the Additional Terms for Shobbit Merchants in the full Unicorn Network Terms (Shobbit Merchant terms are the last additional terms in the current terms version, just for your info).
Sellers, for the first image (the auction main image) make sure that first image is square shaped for the highest image quality.
Also be sure if you are selling something that is used or a replica, be sure it is clearly marked in the title, description, and short description. Especially when you want to use terms that have very specific meanings, like gold, silver, other precious metals and stones, etc., be mindful of how you describe things if they are replicas. Teams are actively checking all auctions and any sellers doing things outside the rules will be notified to their YEM bids account, so if you have messages, be sure to read them.
For Buyers, when you have won an auction, you’ll see the details from the “Your control panel” area, under “Auctions you won” (found at the bottom of the left menu), as you see in the example below.
A few important things to note…
You can easily make your payment from either your Wallet page in YEM Bids or under “Auctions you won” on the individual auction info.
Just click on the “Pay Now” button to get started, this will take you back to the auctions page under “Auctions you won”.
Then you will see your payment is confirmed. You’ll also see the notation on the “Auctions you won” page (see the “PAID” notation on the second auction in the image below).
First before you set up your auction, make sure you have completed your profile at YEMBids and that your account at SafeZonePass.com is completed at least to include the LIFT LIMITS (POI/POA is uploaded). Once you have done that, then the Sell an item function will be available for you.
You can click on “Sell an item” from any of 3 places, in the top menu, from the left menu on the “My control panel” page or the large blue “Sell an item” button on the same page.
When you do, the first thing you will need to choose is the category for your auction.
Some categories will have secondary categories with more specific options, so if that is the case, also choose the subcategory that best fits your auction.
Once you have your categories selected, click “Confirm Category” to continue.
Here you’ll see the rest of the form to sell your item and set up the auction.
One important point is the “Item Condition” so let’s understand what the different conditions mean.
New = new in original packaging; as it was originally packaged by the original manufacturer/seller.
Used, Like New = it has been unwrapped (even though it might not have been used), it comes with all the original parts and pieces, undamaged, fully functional, and may still have the original box it came in.
Used = any used condition; it’s OK to sell used things in poor condition (or any condition) as long as it is honestly described so the buyer knows what they are buying. For example, a used car that does not work but can be used for parts to fix a different car is still valuable to the right buyer, as long as it is described accurately in the auction listing.
Digital Download = any digital item, like a software, an image, an eBook, or any other appropriate digital product. (Note: you will still need to deliver the digital product as the seller, whether that is through the private download function at SafeTransfer.xyz within the Safe Zone, or via email or another method; it’s the seller’s choice how they deliver the digital product. Be sure to note how it will be delivered in the Shipping terms or description).
(For all used items, be specific and note they are “used” also in your title, item subtitle, and full item description to note the actual condition.)
When filling in the description, there are various format options you can choose from, to make your description look nice.
Also important to note, if you need more room to describe your shipping terms (more on that in a moment), you can add it in the full description where there is more space available.
Click the “Upload Pictures” button to open the upload popup.
You’ll see a button at the bottom “Add Files” so click that to select the files on your device.
After you have added the files, then click “Start Upload” to upload them to YEM Bids.
Once they are uploaded, they show at the top…
Next is entering the starting price in YEM. If you start at a very high level, you will potentially have less interested people in your auction. Remember how auctions work, people bid on items, the more interest in the item, the higher the bid might go. So it is always best to start with a low number, as low as you can possibly go, and then let people get interested in it. The higher the interest, the higher the bids will be. That is how it works. So keep this in mind. And of course, when putting the USD value, be honest about it, put the actual USD value of your item.
Continue filling the form, selecting the dates of your auction…
(Even if your auction closes with or without a winner, if you do not select any of these automatic options, it is easy to relist that or a similar item, the different options will show under the corresponding area, Closed auctions, Sold auctions from your left My control panel menu.)
Make your selections and continue filling in the form…
The box for entering the shipping countries and terms has a limited number of characters, so as we mentioned earlier, if you need more room to describe your shipping terms, you can add it in the full description where there is more space available.
Additional Options include:
Once you finish your selections and you are sure all is good, click “Submit Auction”.
Pay attention to the images you have set up, it will clearly show here your main image, and for best image quality that main default image must be square shaped.
Be sure your pricing, shipping, and categories are set up properly. In this example above, if it were going live, the category would need to be changed as it doesn’t match the item.
So just pay attention in this last step and be sure all is good. Once your auction is live edits can only happen as long as there are zero bids. Once the first bid is placed, no further changes can be made.
If there is something wrong on your auction listing after it is live and bids are placed, it may be suspended and closed without a winner, by the team. We are actively checking all auctions in case of rule violations and to make sure all is good. If that happens, you’ll be notified in your YEM Bids messages. So be aware of that.
If you have questions, check the FAQ from the “Help” area in the menu.
YEMBids is an auction platform where you can Buy/Sell goods, products, services and the only Currency is accepted YEM Coin Exclusively.
If you are already Safe Zone Member so login with your credentials. If not so join safe zone first. Login to YEMBids and place your Bid and wait for the execution.
Yes, YEMBids is free to join.
YEM Holders can participate in YEMBids auctions. Because, the only currency is accepted at YEMBids is YEM Coin.