Ramped Rules & Guidelines
Please read and follow these rules and guidelines to help keep Ramped safe and fun to use.
- Ramped auctions use a proxy bidding system.
- Bids are binding. If your bid becomes the winning bid, you are legally obligated to pay for the domain name. Not doing so may expose you to legal action from the seller and/or Ramped. Only bid what you are willing to spend.
- Similarly, Buy- and Lease-it-Now (BIN/LIN) bids are also binding.
- Bids under an auction's reserve are placed as-is. Example: A $150 bid on a $500 reserve auction is placed at $150.
- Bids placed at or above an auction's reserve are bid at the current highest bid, plus a bid increment. We will automatically bid on your behalf up to your max bid.
Bid increments are set as follows:
- $10 for auctions up to $999
- $100 for auctions up to $99,999
- $1,000 for auctions at or above $100,000
- Bids placed in the last 60 minutes of an auction will extend the end time by 5 minutes.
- For lease auctions, you are bidding on the monthly price you'd be willing to pay to lease the domain name.
- For auctions won under $2,000, payment and transfer arrangements are to be agreed upon between you and the seller.
- Auctions at or above $2,000 will automatically have an Escrow.com transaction created between you and the seller as soon as the auction closes.
- Using automated tools to place bids is forbidden and could result in account termination.
- Auctions run for 30 days and end at approximately 3pm Eastern Time.
- You must have the legal right to offer the domain name for sale or lease.
- Domains must be exclusively listed on Ramped during the 30 day auction period.
- Domains must have at least 120 days left on their registration at the time the auction starts.
- If a domain is set to expire prior to the end of its auction, you are required to renew it for at least 1 year.
- For sale auctions, we charge between 10% and 20% of the final sale price, rounded up to the nearest whole dollar.
- For lease auctions, we charge a success fee equal to the winning monthly lease fee times 12 months, i.e. what you'd earn from the lease in 1 year. Example: if the winning lease bid is $500/mo., your success fee will be 10% of ($500 × 12) = $600.
- For auctions under $2,000, we'll automatically create an invoice for the success fee. You may not list new domains while you have any unpaid invoices.
- If your auction sells for $2,000 or more, an Escrow.com transaction is automatically opened upon selling. We generally cover all escrow fees.
- Failure to transfer ownership of a domain name after successful payment could result in account termination.
- Similarly, shill bidding is also strictly forbidden.