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How bidding works
Each new bid closes four hours after placement. Increasing an outbid amount keeps its original deadline. Green amounts are provisionally winning and can be outbid until their deadline.
Smaller requests compete against the same portion of larger requests. The highest rate wins that portion once. At the deadline, your winning portion becomes a reservation and the remainder expires. Other bids keep their own timers.
Buy Now creates an immediate reservation at the displayed rate and reduces any active bid from your account by the amount purchased. Review the confirmation before reserving. Unpaid holds expire; payment reports require staff verification.
An approved customer account is required to trade. Payment and collection are confirmed separately by Kingscross staff.