0 AUCTIONS | 4 USERS ONLINE | Jul 26, 2025 15:46:59
IRLBTC™ Live Auction & Marketplace
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FAQs
Buying
Minimum Bid Increment
The standard minimum bid increment for all auctions is 0.00001 BTC.
Dutch Auctions
A dutch auction is multiple identical items for sale. The bid amount entered is the amount per item. Bid increments are determined based on the quantity available in dutch auctions. The auction interface will automatically increment the bids, however you may be able to enter a lower bid depending on the quantity available. NOTE - If you bid on a quantity of more than 1 item in a dutch auction, you will be expected to bid on that quantity (or more) for the remainder of the auction. You can not place a bid with a quantity of 2 and then place a bid later for a quantity of 1.