Like most auction sites including eBay, we use proxy bidding on your behalf when you bid.
This means that if you can win the auction without bidding your maximum bid, you will. For example, if someone else has bid $1 and you've bid $5, your bid will only be increased to $1.10 to outbid them and become the high bidder. Your maximum bid is never revealed to others, and in case of a tie for high bidder, the earlier bid takes precedence.
Proxy bidding is a way of ensuring you're always getting the best deal, while still allowing you, as an advertiser, to name your price when it comes to what you're willing to pay!
This means that if you can win the auction without bidding your maximum bid, you will. For example, if someone else has bid $1 and you've bid $5, your bid will only be increased to $1.10 to outbid them and become the high bidder. Your maximum bid is never revealed to others, and in case of a tie for high bidder, the earlier bid takes precedence.
Proxy bidding is a way of ensuring you're always getting the best deal, while still allowing you, as an advertiser, to name your price when it comes to what you're willing to pay!
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