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BidChips is a B2B marketplace built specifically for excess electronic components, operated by iBuyXS. We create demand for surplus inventory, authenticate it through a certified third-party lab, and run a competitive auction so the open market — not a single back-room quote — sets the price.

BidChips is operated by iBuyXS — recognized on the Inc. 5000 as the #1 fastest-growing company in Florida and #4 in the Southeast, a two-time Inc. 5000 honoree (2023 & 2024), and featured on the Tampa Bay Business Journal Fast 50 (2022).

Authentic excess inventory from leading manufacturers including STMicroelectronics, Xilinx/AMD, Micron, u-blox, Renesas, Analog Devices, Texas Instruments, and Intel, among others.

No. If you already buy here, nothing changes — browse auctions, search by part number, place bids, and win exactly as before. BidChips adds new tools for OEM sellers without disrupting the established broker experience.

Qualified buyers — component brokers, global distributors, procurement teams, and OEMs. You search by part number (MPN), manufacturer, or description, then bid to win or take the Buy-It-Now price.

Find a lot, make a bid or take the BIN™ price, and you're done. Lots without direct traceability are authenticated by a certified third-party lab before it ships, so there's no counterfeit risk and no chasing brokers for quotes.

You set the most you're willing to pay per piece, and BidChips bids for you automatically. You only ever pay one increment above the next-highest bidder — never your full maximum unless another buyer pushes the price there. It's hands-off, and you never overpay by more than a single step.

A fixed per-piece price that lets you skip the auction clock and lock the lot instantly. Use it when you're line-down or simply want certainty rather than waiting for the close.

Yes — set a competitive per-piece target and let the auction run. The live demand curve shows where lots actually clear, not a wishful ask, and low opening bids win far more often than buyers expect. You've got nothing to lose by naming your price.

Yes. Drop in your bill of materials and BidChips cross-matches every line against live excess inventory, then shows the real per-line savings measured against your own standard cost. Finance and quality both sign off, because every matched lot is certified by White Horse Laboratories. Upload your BOM here.

Traditional broker deals stack 25–75% margin between you and the part. Buying in an open auction removes those layers — you pay one increment over the next bidder, not a markup on a markup.

Lots ship from major continents near where they're tested, and routing is tariff-smart to cut duty exposure and transit time — so a global buyer base doesn't mean global friction.

You submit your inventory and receive a recovery estimate. Parts are authenticated by a certified third-party lab, BidChips creates demand ahead of the sale, and your lot goes live to a global buyer base. You're paid at settlement once the auction closes. Get a recovery estimate.

A modeled per-piece range for what your parts should return, anchored to real market data — the floor (your reserve) and the achievable top. It's not a fire-sale guess; it's calibrated to where comparable lots actually clear.

Before a lot goes live, BidChips markets it to targeted end-users and qualified buyers so there's real competition on day one. Demand created up front is what pushes recovery higher than a quiet, single-broker negotiation.

It's the band your lot realistically clears in: the reserve is your floor (typically 5–15% of list), the Buy-It-Now sits where lots usually clear (~60%), and the shortage-market ceiling approaches full list price. Everything BidChips does — demand creation, a competitive auction, authentication — is designed to push you toward the top of that range. See how the Recovery Method works.

You can set a reserve floor so a lot never sells below your number, or lean on BidChips-advised pricing calibrated from live market data. Either way the auction sets the final price in the open.

The essentials: part number and manufacturer, quantity, condition, and clear photos of the packaging and labels. Good date-code and traceability detail helps authentication move faster and lifts buyer confidence.

Yes, significantly — same part, better packaging, higher ceiling. Sealed factory boxes with the QA seal intact recover the most; factory moisture-barrier bags or reels with labels intact are close behind; opened original packaging comes next; and loose parts in a generic bag with just an invoice recover the least. Send us the best packaging you have — it's the single biggest lever you control.

No — nothing closes without you. From your dashboard you can accept a bid, adjust a price, or pull a lot for internal use, line by line or several at once. The auction sets the open-market price; you decide whether to collect on it.

Lots without direct traceability are authenticated by White Horse Laboratories, a certified third-party lab, before it ships — confirming the parts are new, authentic, and meet the manufacturer's fit, form, and function.

A certified inspection covers external visual and marking-permanence checks — these inspections separate genuine parts from re-marked or counterfeit ones. Representative sampling is documented in the lab report. Additional tests, such as x-ray or decapsulation, may be performed if needed.

It doesn't ship. Only lots that pass certified third-party testing are listed and delivered, which is how BidChips keeps counterfeits out of the marketplace entirely.

The certified report is tied to the lot and available on your dashboard, so both buyer and seller have the documented proof on file — no “trust us,” just the report.

Per-piece is the most accurate way to compare lots and hit a cost target cleanly. Every price on BidChips — current bid, BIN™, reserve, and history — is shown per piece with a /pc suffix, unless otherwise stated. Quantity is shown separately as context.

Your payout is the highest qualified bid at the BidChips auction close, per piece, multiplied by your quantity, multiplied by your revenue split — 60% by default, occasionally negotiated higher. It's derived directly from the auction close, fully documented.

At settlement, once the auction closes and the sale completes. Your dashboard tracks the live recovery figure throughout the auction and the final documented payout at close.

There's no chasing hidden broker margins — BidChips works on a transparent revenue split (you keep your negotiated share, 60% by default). The competitive auction is what lifts the total, so a smaller platform share on a bigger number still beats a liquidation flat rate.