Jeaper.com is a new penny auction website that is rising in popularity. Penny auction sites are everywhere these days, with promises of receiving big items for little prices.
Most penny auction sites work in similar ways with only certain variations. In general, you are required to pay for a package of bids which you can then use to bid on various items in increments of one penny.
Every time a bid is placed, the auction clock resets to 20 seconds. Since Jeaper has no bid minimum that must be reached, the auction simply ends when people decide to no longer bid, meaning the last person to bid wins.