How Does Proxy Bidding Work ?
For example, a product has been offered at auction for sale at a starting price of 150 BDT.
If "Bidder A" places a bid of 800 BDT for the product, our system will start his bid at 150 BDT and bid up to 800 BDT automatically on his behalf.
★ When "Bidder B" visits the auction, he sees the current bid price as 150 BDT. If "Bidder B" decides to place a bid for 200 BDT, he will be outbid immediately by "Bidder A", and the new minimum bid will be 210 BDT. In order to outbid the "Bidder A", he would need to bid at least 801 BDT.
★ If "Bidder B" places a bid for 800 BDT, which matches "Bidder A"s maximum bid amount, then "Bidder A" would still be the high bidder, but the new minimum bid would be 810 BDT.
★ If no one else place any bid except "Bidder A", then "Bidder A" will win this auction at 150 BDT.
By how much will my bid be increased when proxy bidding in a auction ?
The amount by which your bid is increased will depend on the current price. As the current price goes up, so will the amount of your bid. Automatic bidding will stop when your max proxy bid is reached.
Current Price | Bid Increment |
---|---|
1 BDT - 1,000 BDT | 10 BDT |
1,001 BDT - 5,000 BDT | 50 BDT |
5,001 BDT - 10,000 BDT | 100 BDT |
10,001+ BDT | 200 BDT |

Banknotes

Bangladesh 2011 40th Victory Anniversary Commemorative 40 Taka UNC Condition 2011
BDT 50
2 Bids
3 Days 20+ Hours Left
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Bangladesh 2012 60 Years of Language Movement - Commemorative 60 Taka Banknote UNC Condition
BDT 60
4 Days 20+ Hours Left
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Barbados 1 Dollar - Elizabeth II 1994 Copper-Nickel
BDT 120
3 Bids
20 Hours 13+ Minutes Left
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Swaziland 10 Cents - Sobhuza II FAO 1975 Copper-Nickel Dia 22 mm
BDT 199
1 Bid
2 Days 20+ Hours Left
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Netherlands 1 Cent 1943, German Occupation Coinage, Zinc, 17 mm
BDT 99
2 Bids
3 Days 20+ Hours Left
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The Gambia 8 Shillings - Elizabeth II 1970 Copper-Nickel Dia 41 mm
BDT 3200
6 Days 20+ Hours Left
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Spain 10 Pesetas - Juan Carlos I 1992, Copper-Nickel Dia 18.5 mm
BDT 99
7 Days 20+ Hours Left
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French West Africa 25 Francs Togo 1957, Aluminium Bronze, Dia 27 Mm, Single Year Issue
BDT 99
7 Days 20+ Hours Left
View ProductStamps

Bangladesh : American Revolution - 30p Liberty Bell Stamps MNH 1976
BDT 10
20 Hours 11+ Minutes Left
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Bangladesh 2021 Demanding of Bangla As Yhe State Language S/S MNH
BDT 60
20 Hours 11+ Minutes Left
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Bangladesh 2021 73rd Anniversary Vof Muslim Students League S/S MNH
BDT 60
20 Hours 11+ Minutes Left
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Bangladesh 2020 90th Birth Anniversary of Bangamata S/S MNH
BDT 60
20 Hours 11+ Minutes Left
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Bangladesh : World Communications Year - 50p Stamps MNH 1983
BDT 10
20 Hours 11+ Minutes Left
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Real Photograph Cigarette Card : W.D. & H.O. Wills Cricket Season 1928-29 - A. P. F Chapman
BDT 280
1 Bid
20 Hours 17+ Minutes Left
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Australian Cricketers Cigarette Card 1905-06 B. F. Cowan - West Adelaide
BDT 180
1 Bid
20 Hours 17+ Minutes Left
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Cricket - Wills Cigarette Cards : Cricketers - E. A. Macdonald, Lancashire 1928
BDT 120
1 Bid
20 Hours 17+ Minutes Left
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