Only logged-in and approved buyers can join an auction.

Buyer must submit a Secure Deposit equal to the configured percentage of the reserve price before bidding.

Bidding access opens only after IETA admin verifies the Secure Deposit.

Non-winning deposits are handled for refund processing. Winner deposit may be adjusted against the final transaction.

If a bid is placed near closing time, the auction may auto-extend to prevent unfair last-second wins.

IETA can mediate the transaction before releasing buyer and seller contact details.

Fake bids, non-payment, or suspicious activity can lead to bidder suspension.