Kobobid review (Is Kobobid legit or scam?)

Kobobid review (Is Kobobid legit or scam?)

Kobobid review (Is Kobobid legit or scam?)

Kobobid review

Read all about Kobobid in this Kobobid review

Kobobid is a Nigerian online penny auction platform that is the first of its kind in the country. On kobobid.com you can get high quality products for discount prices that cannot be found anywhere else.

Basically, the idea behind Kobobid is for registered members to be able to bid on quality products like gas cooker, microwave ovens, blender, laptops etc. and get them at a discount price.

When you register on Kobobid.com, you will be able to buy bid packs, and get access to auctions of products at a discounted prices, and bid for them before claiming your win.

In this Kobobid review, I am going to be writing about all you will need to know this platform under the following sub-topics “Is Kobobid legit?”, “Is Kobobid scam?”, “Kobobid sign up”, “Kobobid app”, “How does Kobobid work?”, “Kobobid login” and more.

Remember to leave us a comment after you have finished reading and also share with your friends on social media.

Let’s get into it then…

Read my post on Passfolio

What is Kobobid?

Kobobid is Nigeria’s leading online penny auction platform for high-quality products and other enticing offerings to help you afford your best life. If you are looking for the best auction site in Nigeria, then kobobid.com is the right place. On the Kobobid auction site, they offer high quality products and numerous auctions with items ranging from clothing to mobile phones to electronics.

Whether you are searching for a brand new laptop such as a Dell Inspiron i5, an LG DUALCOOL Inverter Air Conditioner, or a Burberry London Perfume, do not worry, they have got you covered! They have a wide variety of categories you can choose from. You can bid for your favourite household items such as a Samsung 4k UHD Smart TV, an LG Gas Cooker, LG Home Theatre, LG Washer-Dryer and so much more.

According to its website “We’re a fast paced bidding website where you can win and purchase some of your favourite, authentic items for as little as ONE kobo, by bidding. No we’re not kidding and no, we are not the traditional “going once, going twice” auction that you may be familiar with. Kobobid is Nigeria’s first foray into penny auctions on a large scale. With our own kobo auctions, the vision is to inject some fun and interactiveness into auctions and the Nigerian e-commerce web space while providing an alternate way for people to afford otherwise expensive goods”.

How does Kobobid work?

Kobobid review

Step 1 – Sign Up to get in on the action

This gives you instant and uninterrupted access to numerous hot deals for all kobo auctions across the site, and the power to request bids from your friends.

Step 2 – Buy a BidPack (and get free bids)

This is your bidding power. You cannot participate in auctions and stand a chance to win great, discounted items without it. For a limited time only, purchase your first BidPack now and get up to 25 free bids!

Step 3 – Choose your item

Check out available auctions, or search by categories to choose what you like. You can also add items to your Watchlist while you decide.

Step 4 – Click “bid now” to start bidding

If you’re the last person to bid when the clock reaches 00:00:00, you win the item.

Step 5 – Claim your win

Follow instructions to claim your win or “Buy It Now” and have it delivered to you. Then, sit back, relax and await your package delivery or digital transfer.

Features of Kobobid.com

The following are some of the features of Kobobid:


You can’t always be on your device when auctions go live. Yet, you need to stay alert to stay ahead. In short, you need a BidMate. It’s basically your personal assistant on the platform, making sure you have eyes everywhere and are always ready for action.

Get free bids

The following are way in which you can get free bids:

  1. Buy more bids — the more bids you buy, the more free bids you’re rewarded with
  2. Send bids to friends using the Bids Transfer feature
  3. You have a unique ID which you can turn into free bids
  4. Kobobid sometimes runs promotions in which they give free bids

Flash auctions

Kobobid have a special set of auctions to make bidding even more fun and fast-paced for you. They are called them Flash Auctions. Why? Because you could blink and miss these auctions — they have only a 5 or 7 seconds countdown clock — meaning you have to be even quicker to try to win these auctions

Buy it now

Bidding is fun. But, you – or your BidMate – may not always have to get into a bidding war. You can decide to buy your item of choice outright.


You can add any live auctions on the site to your Watchlist. This helps you stay on top of all the upcoming and ongoing action. You can bid on and monitor all of the items you’re interested in from one centralized location.

Redeeming your wins

After winning your auction, you will have 48hrs to pay the final Auction Price + Shipping & Handling (where applicable). If you fail to redeem your winnings within this time, the item won will automatically go to the next bidder (runner up) from that auction to claim.

Kobobid payment methods

You can pay online with your card, USSD and bank transfer options via Flutterwave. Kobobid does not support payment on delivery.

Read my review on Racksterli

Kobobid sign up

To register on Kobobid, you will need to follow the below instructions:

  1. Visit the Sign up page https://kobobid.com/signup
  2. Input the required details like first name, last name, username, password, email address, phone number and an optional referral code
  3. Accept terms of use and privacy policy.
  4. Click on Sign up

After registering, you will now be able to buy bidpacks, so you can bid on auctions.

Kobobid login

To login on Kobobid, you only need the below:

  1. Phone number/email address
  2. Password

Kobobid customer support

If you want to get in touch with Kobobid customer support, then you can do that via the following channels:

Phone number for call: (+234) 908 7792 960

You can also visit https://kobobid.com/contact-us and email or chat with support.

Is Kobobid legit?

Kobobid is legit. It is a unique shopping experience, and the first of its kind in Nigeria. Kobobid is still in its early stages and as it grows more, there will be more products on the auctions and also there will be more people bidding on the products.

You can be one of the few persons to discover the future of online shopping in Nigeria, by signing up on Kobobid right now.

You can leave your personal reviews about Kobobid in the comments section below.

Is Kobobid scam?

There have been no complaints of Kobobid being scam. If you have anything to say about this platform, you can leave them below in the comment section.

Read my review of the Trove app

Frequently asked questions (FAQs)

What is a bid?

A bid is the price that you are willing to pay to participate in any of our auctions. On Kobobid, a bid represents 1 kobo.

How much is a bid worth?

1 bid = 100 naira. Visit our “What is a BidPack?” page to learn more.

How long do I have until a bid is over?

You have 10 seconds to bid for each item up for auction. Once the clock reaches 00:00:00 under any item, bidding is over for that item, except in the case of Flash Auctions.

How many times in a day can I bid on an item?

As many times as you want, until you win the item you want. You can also choose to activate your BidMate to bid on your behalf.

How long do I have to wait to bid again?

No time at all. There are always fantastic items up for auctions on kobobid.com, so you can bid on multiple items at a time and whenever. You simply need to ensure your BidPack is stacked and ready.

How do I bid on an auction?

Bidding on kobobid.com happens in four easy steps – Register, buy a BidPack, select an auction, and click “bid now”. See How Kobobid Works for more.

What is a BidPack?

A BidPack is basically your bidding power on Kobobid. You’ll need to purchase a BidPack before you can begin to place bids on your favourite items.

How many BidPacks can I purchase at once?

You can purchase as many BidPacks as you want. It’s really up to you.

How long are my bids valid for after purchase?

Your Real Bids are valid for 60 days after purchase after which they convert to token bids. Token bids are valid for 30 days. See more on Real Bids vs Token Bids here.

Can I get my used bids back?

Only when you want to put them into buying an item outright using the Buy It Now feature where available.

What is a Flash Auction?

Flash Auctions are our extra special auctions. Watch out for them — they move super quickly because the clock resets every 5 or 7 seconds this time. Learn more here.

How can I improve my chances of winning?

There are a bunch of bidding tips for you to help you maximise your bids on the Kobobid website.

Can I bid with third party tools or software?

No. Third party tools and software such as bidding bots are strictly prohibited on kobobid.com, and to use them would place you in violation of their Terms and Conditions which could lead to you being blocked from our platform and/or face legal consequences. Please, don’t do it.


Thank you for reading my Kobobid review. If you have any question or comment, you can leave it below in the comment section.

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