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Fair
trading
at
OZtion
|
| Fair
trading
at
OZtion |
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Auto-1-Min
 |
Auto-1-Min
is
also
an
exclusive
feature
available
to
OZtion.
Sellers
have
the
option
to
select
this
feature
for
auction
style
selling
only.
The
Auction
end
time
will
be
extended
for
60
seconds
(1
minute)
if
a
bid
is
placed
within
the
last
60
seconds.
This
process
will
repeat
until
no
more
bids
are
received.
This
prevents
bidders
from
snipe
bidding
(placing
a
bid
in
the
last
few
seconds
and
winning
the
item)
and
therefore
gives
other
bidders
a
further
60
seconds
to
place
another
bid
and
allows
bidding
to
go
on,
just
like
a
conventional
auction
would.
This
provides
a
fair
trading
environment
for both
seller
and
buyer,
as
the
price
can
reach
the
market
value,
and
the
buyer
that
is
willing
to
pay
the
most
wins
it.
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BidNow
 |
|
BidNow
is
an
exclusive
feature
available
to
OZtion.
Sellers
have
the
option
to
select
this
feature
for
auction
style
selling
only.
The
Auction
end
time
is
hidden
from
bidders
and
will
no
longer
be
displayed
to
anyone
except
the
seller.
Prevents
bidders
from
knowing
when
the
item
ends
and
waiting
to
bid
in
the
last
few
minutes/seconds.
Encourages
bidders
to
place
a
bid
earlier
because
the
item
may
end
at
anytime.
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Auto-Bidding |
Auto-Bidding
allows
the
bidder
to
enter
a
maximum
bid
amount
that
they
would
be
willing
to
pay
for
an
item
without
the
need
of
actually
having
to
place
more
bids.
Note:
The
system
will
never
bid
beyond
the
bidders
maximum
bid
and
other
bidders
and
sellers
will
never
know
what
other
bidders
maximum
bid
amounts
are.
Auto-Bidding
saves
bidders
time,
as
they
don't
have
to
keep
coming
back
to
re-bid
after
another
bid
is
placed.
It
protects
bidders
from
being
outbid
at
the
last
moment.
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Learn
more
about
Auto-Bidding
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