B2B auctions by YENTXA

Buy and sell at auction, only between verified companies.

YENTXA puts product lots and supply requests up for auction. On the other side there are only companies with verified VAT, registry and beneficial owners.

Two ways to take part

Each company chooses how it wants to take part. You can do both.

Sale auction

For buyers

YENTXA puts product lots up for sale and buyers bid upwards.

  • Reserve price, increments and extension published for every auction
  • Firm bids, logged with date and time
  • No deposit; payment by bank transfer
Reverse auction

For suppliers

YENTXA publishes what it wants to buy and suppliers bid downwards.

  • Each supplier only sees its own position
  • Clear specifications, quantities and deadlines
  • Award by YENTXA, weighing price and conditions

How it works

From sign-up to your first auction.

  1. Register the companyCompany details, beneficial owners and registry certificate.
  2. VerificationVAT in VIES, documents and EU sanctions lists. Approval is made by a person.
  3. Read the rulesEvery auction has its own rules: reserve, increments, deadlines and payment.
  4. BidFollow your position in real time until the close.

Why trust us

A single counterparty

You always buy from and sell to YENTXA OÜ, a company registered in Estonia. It is not a marketplace between strangers.

Verified companies

Every company goes through VIES, the commercial registry, beneficial ownership and EU sanctions, repeated periodically.

Clear rules

Rules published for every auction, logged bids and a ban on bidding to inflate the price.