Auction Rules

1. Intermediary platform

SilverFinance is an online marketplace; goods are sold by third parties (Sellers). The purchase agreement is concluded between the Buyer and the Seller.

2. Registration

Bidding is available after registration; the details provided must be accurate.

3. A bid is a commitment

A placed bid is irrevocable. The winner must pay for the lot at the winning price.

4. Increment and timing

Bidding runs with a set increment until the lot ends; the highest bid at the close wins.

5. Blitz / live bidding

For blitz auctions, the timing and rules stated in the lot apply; the host only facilitates bidding, and the price is set by participants’ bids.

6. Payment

The winner pays for the lot within the period stated in the lot terms. On non-payment, the platform may void the result and restrict access to bidding.

7. Platform commission

The auction commission is 5% and is charged to the Seller only.

Payment must be made between the announcement of the Winner and the start of the next auction. Without payment for the Platform’s services, the Seller’s subsequent auctions will not pass moderation.

8. Delivery

Delivery is by Nova Poshta within Ukraine; the cost at the carrier’s tariffs is paid by the Buyer unless otherwise stated in the lot.

9. Returns

Returns are possible only for a defect or mismatch with the description. Goods of proper quality are non-returnable (see the Returns & Delivery Policy).

10. Lot description and consumer rights

The Buyer decides based on the lot description, photos, and characteristics; ask questions before bidding ends.

These rules do not limit rights guaranteed by the laws of Ukraine. Full terms are in the Terms of Service.