Auction Rules

These rules govern how auctions work on AuctionHub. By bidding or selling, you agree to follow them.

Bidding

• You must bid at least the minimum increment above the current high bid.
• Bids are binding. When you bid, funds are held in your wallet. If you win, the amount is charged.
• You may not bid on your own listings, use shill bidding, or otherwise manipulate auctions.
• If you’re outbid, your held funds are automatically released. If the reserve isn’t met, all bidders are refunded.

Timing and extensions

• Each auction has a start and end time. Bidding closes at the end time.
• If a bid is placed in the final minutes (e.g. last 2 minutes), the auction may extend briefly to allow counter-bids (anti-sniping).
• Once the auction has truly ended, no further bids are accepted.

Reserve and Buy It Now

• Sellers may set a reserve price. The auction only completes if the high bid meets or exceeds the reserve.
• Some listings offer Buy It Now. The first buyer to use it wins at the fixed price, and the auction ends.

Payment and escrow

• The winner’s payment is held in escrow. Funds are released to the seller only after the buyer confirms receipt.
• Platform fee: 10%. Sellers receive 90% of the sale price. Shipping is paid by the buyer and charged separately. See Fees & Pricing and Terms of Service.

Enforcement

We may cancel bids, end listings, or take action against accounts that violate these rules or our other policies.