Aucto Help Center
How do I Place A Bid On Aucto on Desktop?
To place a bid on Aucto.com on a desired lot you must first ensure you are logged in and registered to participate in the auction. Once approved for your desired auction you will see the bidding interface. If you are not registered for an auction and need assistance registering for the auction click here.
From the bidding interface you can see the Current Bid Amount, The next bid amount, the bidding log, and the max bid section. The current bid amount shows at that moment what the current bid for the lot is. In the bidding log you can see the bid history of the item. This is designed to give both the seller and buyer better clarity on bidder activity during the auction.
When placing a bid you have a two options based on your preferred bidding style.
Max bid- Max bid allows you to set a maximum possible bid on a lot. This also does not mean your max bid is automatically submitted, your max bid will automatically place itself in the existing increments set by the auction. An example of this would be if the starting bid value on a lot is $100, and you place a max bid of 500. The full value of the max bid will not be shown immediately. As others potentially bid on the item your max bid will auto bid for you up to your auto bid value. This ensures you do not bid more than you are comfortable bidding while also allowing you to participate in the auction without being in front of your device at the time of the lot closing.
Quick Max Bid - The other method of bidding is the Quick Max Bid. This method allows you at a click of a mouse to place a bid. This form of bidding allows you to place bids as the auction progresses. The Aucto system automatically suggests the next 3 bids based on the bid increments and you can select the value you are most comfortable with. This gives an up to the second control over bidding, while viewing the auction as it progresses.
Additionally, as you are bidding on items in the auction you can quickly track what items you are winning and being outbid on for quick information at a glance. This information is in the bottom right hand corner of the screen during an auction.
Additional please note if a bid is place in the closing countdown of an item before hammer fall the count down will automatically be reset to 60 seconds remaining until there are no more additional bids on the items.
Watch this Helpful Video
On January 31st, 2020, Aucto Introduced Online Tenders as a new way to Buy Industrial Equipment. Find out more About Buying in Tenders on Aucto.com
On January 31st, 2020, Aucto Introduced Online Tenders as a new way to Sell Industrial Equipment. Find out more About Tenders on Aucto.com
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