# Pre-Bid on Live Auctions

### How it works 

* Pre-bid before the live: 
  * Pre-bid before the live by visiting the sellers scheduled livestream > view the auctions they've pre-loaded > enter pre-bids. 
  * Pre-bid before the live by viewing the auctions available in the lisitings tab of the marketplace they will be going live in. 
* Pre-bid during the live: 
  * You can pre-bid during the live by viewing the sellers live store > tap on the auction you would like to pre-bid > enter pre-bid. You can pre-bid up until the auction is starts. 

### FAQ

#### Are pre-bids binding? 

Yes, if you place a pre-bid on an item and end up being the highest bidder when the live auction concludes, you win the item. Your card on file will be charged immediately.

#### What if the item I pre-bid on doesn't get auctioned / is never run?

If the item you pre-bid on is not run during the livestream (or day of the livestream), your pre-bid is canceled, and you won't be charged. 

#### Can I cancel a pre-bid? 

Currently, there is no way to cancel a pre-bid once it's placed.<br>