What happens if there a bid in the last minutes of an auction?

What happens if there a bid in the last minutes of an auction?

To promote fair competition and give all participants a reasonable chance to win, any bid placed within the last 5 minutes of an auction extends the auction duration by an additional 5 minutes. This extension continues indefinitely as long as new bids are placed within the last 5-minute.

Was this article helpful?

2 out of 4 found this helpful.

Related questions

SVG

Do you have a question for our Support Team?