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What is BIN?

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I often see members here posting BIN.

What does it means?

Thanks
 
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kiviniar

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usually BIN prices are added for auctions.....

The auction price is the price at which the bidder can bid for that DN..The higgest bidder wins

However, he has an option to buy the DN instantly if he agrees to the BIN(Buy it noew) price, which would be higher that the auction price for the DN.
 
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