According to Jarred Cohen’s post on the Conceptualist blog, Bido is now moving from a percentage based fee system to a credit based system . While the fee for domains with a reserve used to be the greater of 3% of the reserve or $29.99, it is now based on pre-paid credits. The reserve pricing schedule is now 1 credit per $1,000 of the reserve (capped at 10 credits maximum).
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Bido Changes Fee Structure, Creates Credit Based System
