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Bidding rules

Bids are manual total amounts for one item or stack. The highest accepted bid is fully reserved, and outbid funds immediately return to the wallet. There is no proxy bidding, buyout, or hidden reserve price. Use the order’s starting price, minimum increment, and deadline. Self-bidding is not permitted. The starting price is the total price for the whole auction lot, not a price multiplied by item quantity. The listing confirmation estimates tax and net income at the starting price; settlement uses the final highest accepted bid.

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Bid confirmation

Details show the minimum accepted bid, increment, whether you are leading, and additional funds needed for the minimum bid. A leading bidder only needs to fund the increase. Bid the current minimum opens a confirmation first; a higher total can also be entered. Another bid changes the revision and rejects an old confirmation, requiring a refresh; bids are never automatically increased. If the next minimum exceeds the currency limit, further bidding is disabled while the existing highest bid still settles normally.

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Late bids and extensions

An accepted bid with less than 30 seconds remaining extends the deadline to at least 30 seconds after that bid, capped at 5 minutes after the original deadline. These are fixed rules, with deadlines checked against database time.

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Settlement at expiry

At expiry, the winner receives the items in claims and the seller receives income after tax. With no bids, items return to the seller’s claims. A seller must not bypass settlement by cancelling an auction with an accepted bid; administrative intervention requires an audit reason. Published prices, conditions, and fees are fixed; cancel and recreate to change them. Administrators cannot directly reverse completed trades. See history and transaction receipts for released reservations and winning-bid settlement records.