Welcome to bulliscoming Kobobid Review, a fast-paced bidding website where you can win and purchase some of your favorite, AUTHENTIC items for as little as ONE Kobo by bidding. With their own “kobo auctions”, the vision is to inject some fun and interactiveness into auctions and the Nigerian e-commerce webspace, while providing an alternate way for people to afford otherwise expensive goods.

What is Kobobid

Kobobid is Nigeria’s leading online penny auction platform for high-quality products and other enticing offerings to help you afford your best life. If you are looking for the best auction site in Nigeria, you have come to the right place. On the Kobobid auction site, they offer high-quality products and numerous auctions with items ranging from clothing to mobile phones to electronics.

Whether you are searching for a brand new laptop such as a Dell Inspiron i5, an LG DUAL COOL Inverter Air Conditioner, or a Burberry London Perfume, do not worry, they have got you covered! They have a wide variety of categories you can choose from. You can bid for your favorite household items such as a Samsung 4k UHD Smart TV, an LG Gas Cooker, LG Home Theatre, LG Washer-Dryer and so much more.

Bidding on products online can be a great way to get discounts you would not find in physical stores. Think how jealous your friends will be when you tell them you got your Tecno Camon 16 Pro, Infinix Hot 10, iPhone 12, or Samsung Galaxy S20 for One Thousand Naira (₦1,000) on Kobobid. Rest assured that you will get the best value for your money here.

You do not have to keep watching an auction all day long to win it. Let our automatic bidding software, BidMate, help you bid while you are away from your device. Also, add items to your Watchlist that you want to keep an eye on and receive an alert before the item goes live.

There’s no better time to bid online than today. This Easter season, you can get the perfect gift for your friends, or items to celebrate the holiday with your family by checking out our auctions. All Kobobid products are of the highest quality at affordable prices. Don’t get left behind — by the first among your friends to discover the future of online shopping in Nigeria and the nation’s leading auction site. So, what are you waiting for?

How Does Kobobid Work?

Bidding on Kobobid happens in FIVE easy steps, and We promise, it’s a breeze.

Step 1 – Sign Up to get in on the action

Step 1

This gives you instant and uninterrupted access to numerous hot deals for all kobo auctions across the site, and the power to request bids from your friends.

Step 2 – Buy a BidPack (and get free bids)

kobobid review

This is your bidding power. You cannot participate in auctions and stand a chance to win great, discounted items without it. For a limited time only, purchase your first BidPack now and get up to 25 free bids!

Step 3 – Choose your item

Step 3

Check out available auctions, or search by categories to choose what you like. You can also add items to your Watchlist while you decide.

Step 4 – Click “bid now” to start bidding

Step 4

If you’re the last person to bid when the clock reaches 00:00:00, you win the item.

Step 5 – Claim your win

Step 5

Follow instructions to claim your win or “Buy It Now” and have it delivered to you. Then, sit back, relax and await your package delivery or digital transfer.

How to Bid on Kobobid

Kobobid team wants bidding on Kobobid.com to always be the funniest, most exciting, and most rewarding experience for you. They also want you to be able to bid and buy better, faster, and smarter. So, we have put together some tips to easily take you from novice to boss mode.

“Everyone’s a Winner” on Kobobid.com

That was their second choice for a tagline. You must have noticed they like awoof, but not the kind wey dey run belle. They have all these amazing products and fantastic deals on Kobobid.com, and we want you to enjoy them to the fullest. After all, enjoyment is for everybody.

For instance, you can take advantage of their limited-time-only promotion to increase your bid power and up your chances of winning – buy your first BidPack and we’ll match you bid-for-bid up to 25 free bids!

Here’s the gist:

  • Spend N500 and get 5 real bids + 5 free bids
  • Spend N1000 and get 10 real bids + 10 free bids
  • Spend N2500 and above and get 25 real bids + 25 free bids

This is all in addition to the extra Token Bids that come with BidPack purchases of N5000 and above! In conclusion, go and buy your first BidPack, if you haven’t already. Don’t sleep on our promos o.

BidMate

You can’t always be on your device when auctions go live. They get it, we all need our beauty sleep. Yet, you need to stay alert to stay ahead. In short, you need a BidMate. It’s basically your personal assistant on kobobid platform, making sure you have eyes everywhere and are always ready for action. So, here are some things you need to know about your BidMate:

  • You can activate your BidMate before or during auctions to help you bid
  • You can choose to do so before an auction goes live. So long as an auction is live on the site, you can #SetItandForgetIt
  • You can activate your BidMate during an auction, also while simultaneously bidding manually because why? Teamwork makes the dream work!
  • More BidMates = better chances. Take advantage of multiple BidMates to help you bid on multiple auctions (at the same darn time!) and increase your chances of winning.
  • Each BidMate activation allows a maximum of 30bids to be set at one time
  • You can cancel your BidMate activation at any time
  • Let your BidMate help you manage your bids – you get an alert once your BidMate goes down to the final 5 bids in your BidPack. This helps you decide if you want to continue to bid on the item in question or not.

Other things to know about your BidMate:

  • Your BidMate automatically bids on the item selected once the auction time drops anywhere below the 10sec mark. This means it could auto bid sometimes at the 10secs mark, 7secs mark, 1sec mark and so on and so forth. Its algorithm is completely random.
  • Your BidMate will use up your Real Bids first before Token Bids. Your Bids will be used in order of date purchased. See Real Bids vs Token Bids for more.

How To Get Free Bids on Kobobid

There are even more ways to get free bids. You can:

Buy more bids — the more bids you buy the more free bids you’re rewarded with
  • 1000 BidPack + 150 Free/Token bids = ₦100,000
  • 500 BidPack + 70 Free/Token bids = ₦50,000
  • 250 BidPack + 30 Free/Token bids = ₦25,000
  • 100 BidPack + 10 Free/Token bids = ₦10,000
  • 75 BidPack + 6 Free/Token bids = ₦7,500
  • 50 BidPack + 3 Free/Token bids = ₦5,000

Send bids to friends using our Bids Transfer feature

  • When you log in to your account, go to ‘Bids Transfer’ to the left of your profile.
  • Click on ‘Send Bids’ and enter your friend’s email and the number of bids you want. Note that their email has to be the one they registered on Kobobid with.
  • After they send you bids, it’s between you and them whether you plan on returning the favor or not 😉
  • 100 BidPack + 10 Free/Token bids = ₦10,000
  • 75 BidPack + 6 Free/Token bids = ₦7,500
  • 50 BidPack + 3 Free/Token bids = ₦5,000Note: Real bids received via Bids Transfer remain Real Bids.
Your Referral CodeYou have a unique ID which you can turn into free bids! Did you know this?To enjoy this benefit:
  • Sign in to access your referral code and link in your account. You will find it to the bottom left of your profile.
  • Invite your friends to join kobobid.com, and for each friend that comes on board and buys their first BidPack you get N100. These referral credits can be tallied up and applied to your purchases on the site. Who doesn’t love a good discount?
  • After they send you bids, it’s between you and them whether you plan on returning the favor or not ;)Come on… The more, the merrier. We were talking about referrals, by the way.
PromotionsPay attention — We love giving gifts. For a limited time only, we’re matching your first BidPack purchase bid-for-bid up to 25 bids. This special promo won’t be here for long, but you can be sure it won’t be our last one.
  • Spend N500 and get 5 real bids + 5 free bids
  • Spend N1000 and get 10 real bids + 10 free bids
  • Spend N2500 and above and get 25 real bids + 25 free bids
  • This is all in addition to the extra Token Bids that come with BidPack purchases of N5000 and above anyways!

Flash Auctions

We have a special set of auctions to make bidding even more fun and fast-paced for you adrenaline junkies. We call them Flash Auctions. Why? Because you could blink and miss these auctions — they have only a 5 or 7 seconds countdown clock — meaning you have to be even quicker to try to win these auctions. To make the most out of Flash Auctions:

  • Turn on your notifications
  • Follow us on all our socials — sometimes our most loyal users will get a secret heads up
  • Add items to your watchlist
  • Turn on your BidMate
  • Additionally, some auctions will turn into Flash Auctions while they’re live! That’s why you always gotta #StayWoke and turn on your BidMate

Bidding is fun. But, you – or your BidMate – may not always have to get into a bidding war. You can decide to buy your item of choice outright. Just do the following:

  • Place at least ONE real bid on the item.The value of Real Bids on that particular auction item will be applied towards the exact item/product in the Buy It Now section.
  • You’ll have 24hrs to take advantage of the Buy It Now option after bidding on the item ends, BUT…
  • Be sure to follow the auction closely — your notifications are your best friend. There are only a limited number of items available for the Buy It Now option, so make sure you pay attention before someone else scoops up your item right in front of your eyes.

The Buy It Now option also unlocks another level of discounts on items on auction. To take advantage of the Buy It Now option, note that:

  • You cannot choose the Buy It Now option for an item you’ve just won. You already won it. Just go ahead and claim your win. Give the runners up a chance.
  • Not all items are available to ‘Buy It Now’, especially items like Cash, Airtime, Data and BidPacks.
  • Psst! Sometimes when we’re feeling generous, we’ll even throw in some surprise extra discounts, so you end up paying much less than retail for your Buy It Now item.

Real vs. Token Bids

Let’s break this down:

Real BidsToken Bids
Bids obtained when you purchase a BidPack.Bids/BidPacks you win in auctions
Bids received from your friends via Bid TransfersThose bonus bids that come with your BidPack purchases
Real Bids that have not been used in 60 days convert to Token Bids. Real Bids that are converted to Token Bids expire after 365 days.You have 60 days to use or lose your Token Bids
Only Real Bids can be used on Big Ticket Items (N100K+)Token Bids cannot be used on Big Ticket Items (N100K+)
Bids received through a promotion we or an affiliate of ours is running
  • When bidding either manually or with BidMate, your Real Bids will be used first, starting from the oldest to the newest Real Bids bought. If you run out of Real Bids, your Token Bids will be used, from oldest to newest, so long as the auction item is not classified as a Big Ticket item.
  • Token bids expire 60 days after you acquire them. Token Bids cannot be used to bid on Big Ticket Auctions. This means if you want to bid on an iPhone, car, or any items over N100,000 you’ll only be able to do so using your Real Bids.
  • When you’re bidding on an item that requires Real Bids, you don’t have to do anything – the system knows to use your Real Bids. If you don’t have any Real Bids, you will be alerted to go and purchase some before you can continue bidding.

Kobobid Big Ticket Items

As you may have noticed, kobobid has lots of valuable deals for you to win on Kobobid.com. They call some of the ‘Big Ticket Items’. These are items valued at N100, 000 or more in actual retail/monetary value. Because of their nature, we have some special notes attached to them:

  • All Big Ticket Items are restricted to the use of REAL BIDS ONLY. Token Bids are not valid for auctions carrying the Big Ticket Item icon.
  • Some Big Ticket Items may have a different set of bidding rules. For instance, on an iPhone 12, the auction will indicate that it’s “2x/3x/4x”. 2x means you will need to use two bids (valued at N200 total) to register a single bid on the auction. Meaning, each bid for the iPhone costs N200 each time the price goes up by one unit (1Kobo).

Redeeming Your Wins

They’re sure you wouldn’t want to waste any second to claim your item after you win an auction. But, just in case you get too carried away:

  • After winning your auction, you will have 48hrs to pay the final Auction Price + Shipping & Handling (where applicable). If you fail to redeem your winnings within this time, the item won will automatically go to the next bidder (runner up) from that auction to claim.

You wouldn’t like that, would you? Us too. You’ve come this far, and so you get multiple reminders from us via call, email, or text to redeem your price. To this end, make sure your notifications are on.

Is Kobobid Legit or Scam- Kobobid Review

Kobobid is a legit platform upon check, and have been up and doing for the time being in existence.

Frequently Asked Question

What is a bid?

A bid is the price that you are willing to pay to participate in any of our auctions. On Kobobid, a bid represents 1 kobo.

How much is a bid worth?

1 bid = 100 naira. Visit our “What is a BidPack?”

How long do I have until a bid is over?

You have 10 seconds to bid for each item up for auction. Once the clock reaches 00:00:00 under any item, bidding is over for that item, except in the case of Flash Auctions.

How many times in a day can I bid on an item?

As many times as you want, until you win the item you want. You can also choose to activate your BidMate to bid on your behalf.

How long do I have to wait to bid again?

No time at all. There are always fantastic items up for auctions on kobobid.com, so you can bid on multiple items at a time and whenever. You simply need to ensure your BidPack is stacked and ready.

What is a BidPack?

A BidPack is basically your bidding power on Kobobid. You’ll need to purchase a BidPack before you can begin to place bids on your favorite items.

How many BidPacks can I purchase at once?

You can purchase as many BidPacks as you want. It’s really up to you.

How long are my bids valid for after purchase?

Your Real Bids are valid for 60 days after purchase after which they convert to token bids. Token bids are valid for 30 days.

What is a Flash Auction?

Flash Auctions are our extra special auctions. Watch out for them — they move super quickly because the clock resets every 5 or 7 seconds this time.

How can I improve my chances of winning?

We have a bunch of bidding tips for you to help you maximize your bids.

Are there any limits to how often I can win?

Yes, there are. Please see the Auction Limits section in our Terms of Use for more information.

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