While creating an auction, a bid increment input box allows you to set a custom increment value. This ensures that each new bid must exceed the previous one by at least the specified amount, maintaining fair and consistent bidding progression.

How it works

Step 1: Start Creating an Auction

Go to the auction creation section in your app dashboard.

Step 2: Locate the Bid Increment Input

While setting up the auction details, you’ll find a field labeled “Bid Increment” or similar.

Step 3: Enter a Custom Increment Value

In this input box, enter the minimum amount by which each new bid must exceed the previous bid.
For example, if you set it to $5, each new bid must be at least $5 higher than the current highest bid.

Step 4: Save and Publish the Auction

Once you’ve entered the desired increment value along with other auction details, save and publish your auction.

Step 5: Bidding Follows Your Set Rule

When users place bids, the system will automatically enforce the increment rule, ensuring fair and consistent bidding progression.