How does it work?
You place a bid on the item, you enter the max amount you are willing to pay for the item. If the item is $1.00 but you know it is worth $15 to you. You can put a bid of $15 on the item. The seller and other bidders do not know your maximum bid amount. Then our system places bids on your behalf starting with the next bid increment for the auction. The bid increment is the amount by which a bid will be raised each time the current bid is outdone. It is predetermined based on the current highest bid. See the increment table below.
ID
Min price
Max price
Bid increment
1
1
49
1
2
50
99
2
3
100
199
5
4
200
499
10
5
500
999
20
6
1000
1999
50
7
2000
4999
100
8
5000
9999
200
9
10000
19999
500
10
20000
99999
1000
11
100000
499999
2000
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Published: 28/06/2022 18:31 
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