Placing a bid
How bids work on fixed-deadline and rolling auctions.
Some listings are direct-sale (buy at asking). Others are open to bidding — typically when the seller is testing market price, or for rare items where a clearing price isn't obvious. You'll see Place a bid on the listing detail page if the listing is in bid mode.
Two bid modes
- Fixed-deadline · bids accepted until a published close time. Highest bid at close wins.
- Rolling · each bid extends the deadline by 10 minutes. Ends when 10 minutes pass without a new bid.
How to bid
Enter your maximum-acceptable price. Rekyndo auto-bids on your behalf up to your maximum, only raising when another buyer outbids you. Think of it like eBay proxy bidding — you don't have to watch the clock.
Deposits
On listings above €50,000, a 5% deposit is held in pre-authorisation on your payment method while your bid is leading. If you're outbid, the pre-auth is released within one business day. If you win, the deposit counts toward the purchase.
After you win
You have 24 hours to wire the full balance to escrow. If you don't, the deposit is forfeited and the next-highest bidder gets the offer. Default handling is documented in dispute mediation.