Each auction has a MAXIMUM price value for which you can bid. You can only bid up to allowed MAXIMUM price level. Offers are given in USD. (Example: 85.45 USD.)
The winning bid will be the HIGHEST bid which is UNIQUE.
What we mean is that if more than one person bids exactly the same offer, their bids will be void and will be removed from the auction. Only the first rank and unique bidder at the end of the auction will win.
For example, if you have placed a bid and are currently in rank 10, you can calculate the bids above your bid and try to override them.
Each bid takes place in 4 parts. In the first parts, you can eliminate more offers with a lower bid price.
To participate in the hot bid; you must have submitted at least 5 offers in the first parts.
The bidding timer will start when the minimum number of bids required is reached, and will close when the time expires.
During the bidding, you can monitor your exact rank among the bids you have submitted, so you can plan at which point you will submit your future bids. If there are not enough bids, the bidding will be extended until one of the participants wins. Each open tender will be charged according to the determined bid price (This includes invalid bids). Only one product is sold in each auction.