What Is Proxy Bidding? (updated)

MAXIMUM BID

aka Max Bid (formerly Proxy Bidding)

When enabled, the Maximum Bid feature set will allow bidders to set a maximum amount they are willing to bid. Then let the Auctria platform bid for them until another bidder places a higher bid than their maximum amount. This feature set is only available with Online type items.

The essential idea behind Maximum Bidding is for the bidder to place a maximum bid but still be able to win the item at the lowest possible amount up to the maximum they are willing to pay.

 ∞ Maximum Bidding

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Last Revised: July 2022

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