How do I make an offer on a card?
Open the card, click Make An Offer, enter your amount and pay by card or with your Peaxel balance. The amount is held until your offer wins, is outbid or the auction ends.
Example
A Marco card is listed at $10 and the best offer is $6. Your offer must be at least $6.60 (10% above the best offer) and above $5 (half the asking price). You offer $7 with your balance: $7 is held until the auction ends.
Make an offer
- Open the card and click Make An Offer.
- Enter your amount. The minimum is shown next to the field (Min.).
- Choose Pay by Card or Pay by Wallet (your Peaxel balance).
- Check and confirm.
The minimum amount
Your offer must be:
- above half of the asking price,
- at least 10% above the current best offer,
- different from an existing offer.
A small minimum amount also applies to every offer.
What happens to your money
The amount is held until your offer is accepted, outbid or the auction ends. You only pay if you win. If you lose, the hold is released.
Closing time
If an offer arrives in the last 5 minutes, the closing time is pushed back so everyone gets 5 minutes to react. You get a notification when you're outbid.
Cancelling
- An outbid offer can be cancelled at any time.
- A leading offer can be cancelled until 1 hour before bidding closes. The card shows the exact deadline.
Who decides
On Peaxel auctions, the highest offer wins automatically. On manager auctions, the seller picks the offer to accept after bidding closes. Buying from a manager requires a verified identity.
