How to Place a Bid and Set Up Auto Bidding

1. Placing a Bid

Bidding on an auction batch is simple and straightforward:

Step 1: Open the auction listing you’re interested in.

Step 2: Enter your bid amount. The bid must be higher than the current bid which is displayed on the listing page.

Step 3: Click "Place Bid" to submit your offer.

Ensure your bid is realistic and aligns with the value of the item to increase your chances of winning.

2. Auto-Bidding

Save time and stay competitive by using the Auto-Bidding feature. Here’s how it works:

What is Auto-Bidding? Auto-Bidding automatically raises your bid to stay ahead of other bidders, up to the maximum bid amount you’ve set.

How to Set Up Auto-Bidding:

Step 1: On the auction listing, select the option to set up Auto-Bidding.

Step 2: Enter your maximum bid—the highest amount you’re willing to pay for the batch.

Step 3: The system will automatically increase your bid incrementally to maintain your lead, as long as it stays below your maximum bid.

Your maximum bid is kept confidential and only visible to you.

3. Key Rules to Remember

Winning the Auction: The highest bidder wins the auction only if the seller's target price is met or exceeded. If the target price isn’t reached, the seller has 48 hours to decide whether to accept or reject the highest bid.
Bid Responsibly: Once a bid is placed, it cannot be withdrawn.
Multiple Bidders: Other users can place bids and set up their own Auto-Bidding, so stay alert!

4. Notifications and Updates

You’ll receive notifications about:

When you’re outbid, giving you a chance to raise your bid.
Auction updates, including the final outcome.

5. After the Auction Ends

If you’re the winning bidder:

You’ll receive a confirmation email with the seller’s contact details to arrange payment and shipping.
If the seller’s target price wasn’t met, the auction will remain pending while the seller decides to accept or reject the highest bid within 48 hours.

Updated on: 24/01/2025