Dealdash   was founded by William Wolfram, in the year 2009. It was launched in the United States and has its headquarters at Minnesota, Finland and United States. They have stayed in this business longer than any other auction site and have become one of the largest companies to operate in its field. It is mainly an e commerce company which is based in Minneapolis. The company is run by about 80 employees, and has set ethical rules for working procedures. It has more than 4 million registered users which make the company one of the largest providers of pay- to- participate auctions of the world. It has also gained BBB accreditation in the year 2014.  In order to participate you need to be a registered customer of the company. The bidders may first buy the bids before hand to start the bidding. They have wide ranges on bids starting from $ 0.14 to $ 0.17. Standard auctions usually starts with an opening price of zero dollars, and when bids are placed the value goes on increasing by $ 0.01. Each bid is placed in 10 seconds, and if bids are not placed within that time, the last price is declared to be the final auction price and the bidders is considered to be the winner. The winner then owns the right to purchase the auction item at the last rate sales price and has to take the item within 14 days.