The reserve price is the minimum price at which the seller of the lot agrees to sell it.

A reserve price can be added when creating a lot or in the process of re-bidding it through editing.

If you do not want the item to be bought at a price lower than expected, set a reserve price. This feature will prevent a lot from being sold if the leading bid in the lot is below the reserve price. In this case, the auction will be canceled

The lot that did not reach the reserve price will be closed after the end of the auction without a winner.

Attention! The service is paid! 1% of the specified reserve price is debited after the lot is put up for auction.

The buyer in a lot with a reserve price cannot see either the presence of the reserve price or its amount.

Attention! Setting a reserve price automatically turns on the "Second Chance" feature, which can be turned off at will by moving the slider.

The reserve price is displayed in the Sell/Active section of the account.

Attention! If you delete the reserve price, the deducted amount for using this function is not returned.

To remove the reserve price, click on the basket and confirm the action.

If the "Reserve price" function is activated, Robot participates in the auction, which is traded up to the amount of the established reserve. As soon as the current price of the lot reaches the reserve, Robot will stop participating in the auction.

If the seller cancels the reserve early, Robot will stop bidding. The bet from Robot is not deleted. In order for the lot to be sold, the buyer must outbid the leading bid. If the bid from Robot is not outbid, the auction will end with the status "Trade cancelled".