There are several ways for one to earn money online or directly in front of the computer monitor ranging from selling products and services or bidding for products at lower price and then sell it online to earn the margin from the sales. Now, there is another way to earn money online through auction, but now we are not bidding for products, instead we bid on cash.

Bidoncash might sounds something impossible or scam, but in fact the website, Bidoncash.com was just officially launched in January, 2010 and there are several people cashing out from the auction for money since. True, there are news regarding problem withdrawing money via Paypal after successfully bidding for the cash, but the company has since continue to work on the issue while at the same time allowing new bank wire cash out options for all customers or successful bidders.

In fact, if one continues to doubt whether Bidoncash program is a scam, one can actually try participating in the auction by himself or herself as the registration to the bidoncash program is free. Besides free registration, bidoncash also give free bid for each successful registration and with this free bid, one can actually make full use of it to successfully bid on cash.

The whole process of bidding for money is exactly the same as the usual bidding for products online. Failed bid equivalent of losing nothing as you do not need to pay for the losses, but if you successfully bid on cash, the cash minus bidding money will be yours.

Tags: online auction, cash auction, win money, online cash auction, online auction site