what is a proxy bid?

ahendi

need to know asap. thanks

THiTo

it's where u bid more than the actual current amount so if someone elses bids, u will still have the high bid... for example, say an auction is for $5.00... well u can bid $20.00... that means that u will have the high bid until someone passes $20.00... however, it will only show up like u bid $5.00... ya get it?

BigE187211

same as a max bid