Blizzard just released some details on the upcoming Diablo III beta test and announced that the game will feature an auction house that will let players sell and purchase items with either real money or gold. The beta will allow you to try out all 5 character classes and experience the early stages of Diablo III from the start of the game through the Skeleton King encounter. To sign up for the beta, head over to the Beta Profile Settings section of the Battle.net Account Management menu.
Two different versions of the auction house will be available in Diablo III: one based on in-game gold and one based on real-world currency. The gold-based auction house uses in-game gold for purchases and sales and will be available to test in the beta. With the currency-based auction house, players will be able to conduct these transactions using actual currency from an authorized payment method or from funds that have been added to their Battle.net account. Players can choose to participate in whichever version of the auction house they prefer, on a per-transaction basis.
As an advanced paid feature, players will actually be able to "cash out" and have the proceeds from the sale of items in the currency-based auction house deposited into their third-party payment service account. It's also worth nothing that players will be able to buy and sell gold through the currency-based auction house at whatever the current market price is, as established by the player community.
We're sure you have more questions regarding Diablo III's auction house, so be sure to check out Blizzard's lengthy FAQ after the jump.