Does Indy.auction support reserve bids?
In online auctions (also known as timed auctions), the starting price of a lot acts as the reserve. This differs to live auctions, where the starting price and reserve are often different.
How to set your reserve price
In a timed auction on Indy.auction, the starting price functions directly as the reserve price. Bidding opens at this minimum amount, ensuring that your items never sell for less than your designated threshold.
To set your reserve, you simply enter your minimum acceptable price into the starting price field when you create or edit a lot.
Where to find more information
If you want to learn more about setting your opening bids, you can read our guide on estimates and starting prices.