Auction Terms and Bidding Rules

[DRAFT — requires legal review before launch]\n\n1. You must be registered with a verified email to bid.\n2. Every bid is binding and cannot be withdrawn.\n3. Each bid must exceed the current bid by at least the minimum increment.\n4. Bids in the final two minutes may extend the auction by five minutes.\n5. The highest valid bidder wins if the reserve is met.\n6. Winners must pay within the stated deadline (24 or 48 hours), otherwise the order is reviewed and may be cancelled.