Auctions

1. Auction an existing product so its photos and details carry over, or describe a freeform item.
2. Set a starting bid, an optional hidden reserve (the least you will accept, never shown to bidders), an optional buy-it-now price, and the start and end times.
3. If your account is verified, it publishes right away. Otherwise it goes to a quick admin review first.
4. When it ends, the highest bid at or above your reserve wins. If the reserve is not met, or no one bids, it ends unsold and you can relist it.

Bidding uses a maximum bid. You enter the most you are willing to pay, and the system bids only enough to keep you in front, never revealing your maximum. If someone else’s maximum is higher, they lead; if yours is higher, you retake the lead at just above theirs.

• Anti-snipe: a bid in the final couple of minutes nudges the clock a little, so an auction can’t be stolen in the last second.
• Buy it now: if the seller set one, you can skip the wait and win instantly, until bidding passes that price.
• Watchlist: tap Watch on any auction to follow it and get a reminder before it ends. Your watched auctions live at your watchlist.
• You are emailed when you are outbid, when an auction you are leading is ending soon, and when you win.
• You need to be signed in to bid, and you cannot bid on your own auction.

When an auction sells, the winner pays you directly, through your own payment methods. BladeOS never holds or processes the money (see How payments work). Once you have the payment, tap Mark as paid, and if the auction was linked to a product, the sale lands in your Financials, the piece is marked sold, and you are offered a Certificate of Authenticity to send the new owner.

• If a winner never pays, mark it so, the piece is offered to the next-highest bidder as a second chance, and the non-payment is noted against that buyer’s standing.
• You can cancel an auction before it goes live, or while it is live only if it has no bids yet. Once there are bids, only an admin can stop it.