At first read I understood "qubits" and was eager to answer.
But you are probably asking about QuiBids, an American penny-auction company.
How it works?
"Penny-auction sites exist and proliferate because they're so profitable. Even if someone really does score an iPad for a winning bid of $70, the site has likely made thousands of dollars from the other bidders on the item. Additionally the sites are making a profit on the retail items they sell. Then there are the hidden fees that consumers might be paying without realizing it. The Federal Trade Commission cautions that before they register, consumers thoroughly read the terms of use for membership or ongoing subscription fees."
You can read about QuiBids here and you can see 800+ customer complaints here.