The “Bid
Increment” is the amount a bid is raised.
This is the minimum increase in price of each bid.
Use Bid Increments for Dutch Auctions – (ON or OFF) If set to ON, Dutch
Auctions and Reverse Dutch Auctions will adhere to the defined bid increments. If OFF, Dutch Auctions and Reverse Dutch
Auctions will not use bid increments.
If amount is greater than or equal to – When the item value has reached or exceeded this amount a new bid
increment will be used.
Bid increment will be – This value will be used as the bid increment when the item’s value has
reached the corresponding tier.
