Source: wikibot/proxy-bid
= Proxy bid
{wiki=Proxy_bid}
A proxy bid is a bidding method used primarily in auctions, where a bidder allows an auction house or a bidding platform to place bids on their behalf up to a specified maximum amount. The purpose of a proxy bid is to automate the bidding process and ensure that the bidder doesn't have to continuously monitor the auction or manually place each bid.