New auction website PennyAuction.ca is offering for sale the domain name OUV.ca which had a start of 0$, and is now currently bid at only 3 cents with less than 8 hours to go.
If you want to get a good deal on a three letter .ca, you can check out the site and if you register, you get three bids for free. Additional bids will have to be bought in 'bid packs', which is different from most other auction sites. At Penny Auction, you have to pay for your bids, and it looks like the cost is 50 cents per bid or less, depending on which pack you buy. The flip side is, there are items on auction like $25 gift cards which are currently only at pennies, so if you are careful you could get a good deal. It looks like a bidder has to balance the cost of their bids vs the final price they would pay to make sure they get a good deal. This is an interesting twist to other auction sites.
Another domain, EJU.ca, will be auctioned next.
From their site:
PennyAuction.ca is Canada’s newest pay per bid auction website where fun, excitement, and huge savings are just part of the experience! PA is one of the best auction websites available, and it is based in Canada. On PA, you can buy gift cards, popular electronics such as cell phones, video games, laptops, and much more for extraordinary low prices. Visit our homepage to see what deals we have up for auction today.