Round duration

After Gong sounds starts the first round of auction. Price of first round equivalent to sum (value.amount`+`minimalStep.amount).

At the top of the page is a timer that reports the time before the end of the current round.

The maximum duration of each round is equal to three minutes. Herewith, the duration of each round is indefinite and depends on the actions of the participants described in the conditions.

Upon completing of the round there is a 15 second pause, after which the next round begins.

The following system actions are similar to those described above.


The duration of the round that takes about ~ 17: 00 is different from the standard one and may take less than 3 minutes (a situation where the round “breaks” without waiting for the conditions or passed 3 minutes).