What Is Proxy Bidding?
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 BiddingLast reviewed: February 2023