AutoBid (also known as a "proxy bid") is a feature in our auction which automatically bids on your behalf the least amount to win a listing.
AutoBid works like this:
- Enter the maximum amount you are willing to pay for the listing.
- The AutoBid feature bids on your behalf until your maximum amount has been reached. This feature will only bid the least amount required to name you the current high bidder.
- Autobid will not exceed the maximum amount entered and will only bid what is needed to become the current high bidder.
Learn more about Bid Increments.
Autobidding on a Listing with a Reserve:
On a listing with a Reserve, Autobid will automatically place the bid needed to meet the Reserve amount. If your maximum bid does not meet or exceed the Reserve, you would not be named the winning bidder. Once the Reserve has been met, Autobid will continue bidding on your behalf, up to your maximum bid.
When viewing Bid History on the listing, a user's bid will be displayed as the time and date when the maximum bid was placed. It will not display when Autobid is bidding on their behalf.