Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How does the auction system work and what is proxy bidding?

April 26, 2017auction bidding proxy system

0

Posted

How does the auction system work and what is proxy bidding?

1 Answer

0

Posted

The ClassicNames.com auction system is fully automated from a bidding standpoint. Each domain name has a guaranteed sale reserve and minimum increments listed for the ongoing bidding process. Proxy bidding allows members to enter a maximum amount they are willing to pay for a domain. The amount of your maximum bid is completely confidential. If someone places a bid higher than the current price, ClassicNames. • More from ClassicNames.com – Where Every Domain Name Is A Classic… W…