Proxy Bidding, Also known as Commission Bidding is a concept in which the system automatically bids on your behalf up to the maximum bid amount that you have chosen (“Max Bid”).

Your leading bid will be placed from your max bid, at one increment above the competing bid, thus keeping you in the top position until your “Max Bid” is reached. The driver of the “Max Bid” is bids from other bidders.

This is simply to make the online auction process much easier and less time-consuming. Proxy Bid is the Maximum Bid and not the Current Bid.