New to ReefnBid? Learn how it works.

How to Bid

  1. Start by bidding the minimum bid, which is current bid + minimum increment. If you're the first bidder, you can also bid the starting bid.
  2. Current bid is the purchase price of an auction if the auction was to end now without further bids.
  3. If an auction has a reserve price, the winning bid must meet the reserve price to be a winner, or the auction will end without a winner. Not all auctions have a reserve price. Reserve price is not shown to the public.
  4. If sniping protection is enabled, any bid placed in the last minute of an auction will extend the auction end time by 1 minute. Sniping protection is set at the discretion of the seller.
  5. Any bid higher than the minimum bid is considered a proxy bid.