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How does Link Bid web directory work?

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How does Link Bid web directory work?

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Bid web directory lists links alphabetically in order of highest bid. Bids can be purchased for a link at any time, by anybody, and all bids are counted toward a link’s total bid. The top 20 bidding links are displayed prominently on the home page, and if the administrator has chosen to enable the Link Leader, the highest bidding link will be displayed on every page.

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