As
a bidder, you can get outbid only if an earlier bidder entered a maximum
bid greater
than the amount you specified. On Buy n Sell (India).com when a bidder
confirms a
bid, the earlier bidder's "proxy bid" immediately places a bid on their
behalf and if your entered bid amount is lower than their maximum bid
amount,
you get outbid to ensure the earlier bidder’s position as high bidder.
On the
other side, if you place a bid which is more than earlier bidders
maximum bid
amount, the earlier bidder will get outbid and you will be the current
highest
bidder and your proxy will protect your position as a highest bidder
same way.
If you are the highest bidder, your User ID will be shown under the
“High
Bid” section on the item listing page.
Authored
by: Admin
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