ICPennyBid is a penny auction software that enables you to create a fully-featured and scalable penny auction website like Quibids, BidCactus, or Madbid in minutes. With its powerful features, it is the perfect solution to build a profitable online penny auction site.

With ICPennyBid, you can manage your entire online auction operation with ease. You can create new auctions within seconds, view members auctions, and use the auction extension settings tool. This software allows you to set up comprehensive and robust sites with two auction types: regular penny auction and "buy seats" penny auction (where users must buy a seat to participate).
In the admin panel, site administrators can adjust various settings such as auctions time, step, bid increments, date formats, user authentication, graphic design layout, and other parameters. Auction payments are made through PayPal, but it is also possible to integrate with other payment processors as well.
Overall, ICPennyBid is an excellent software for anyone looking to build a profitable penny auction site in a short amount of time. Its user-friendly interface, customization options, and seamless integration with PayPal make it an ideal choice for beginners and experienced penny auction site owners alike.
Version 3.9: Autobid feature algorithm has been improved.