Auctions have become more and more accessible as they've moved into the digital realm.

With sites like eBay making it possible for anyone to create an online auction or bid in one, many people remain only aware of the more traditional online auction format that mimics the live version. But with auction software, businesses can create auctions that leverage the competitive nature of their buyers. Penny auction sites, for instance, attract a wide variety of competitors in a short period of time and can only be found online. In this article you get to know the different types of auctions in 2019.