Auctions
Help Guide

Learn the wallet and bidding flow without guesswork

This guide explains what to press, what gets locked, how much you can actually bid with, and what happens after you win. It is built as modular content so the same sections can be reused in the homepage later.

Wallet Basics

How the wallet works

Your wallet is the balance layer behind bidding. What matters most is available balance, because that is the amount the app can use when you place bids.

Available balance is what you can actively bid with right now.
Reserved balance is money temporarily locked behind your highest active bids.
Total value is the full wallet amount before active reservations are excluded.
Available For Bidding₹42,500.00Reserved: ₹12,500.00 | Total: ₹55,000.00
Reserved Funds₹12,500.00
Total Value₹55,000.00
Add Funds

How to top up

Open the wallet, press Deposit Funds, enter the amount you want available, and confirm. The top-up flow updates the wallet immediately after success.

Use quick amounts when you want to fund fast during an active auction window.
After success, the updated balance is reflected across wallet and bidding screens.
If you plan to bid on multiple lots, fund before the auction turns live.
Add Funds
Current balance:₹32,500.00
₹10,000
₹500₹1,000₹5,000
Bidding Power

How much you get to bid

The amount you can bid is limited by your available balance, not your total wallet value. Reserved money from other active bids is excluded until it is released.

If your available balance is lower than the next valid bid, the bid flow will block you.
Reserved money is still yours, but it is not free to reuse while that reservation is active.
Winning one lot and leading on another can affect how much fresh bidding room remains.
Total Bids7
Current Highest₹31,000
Available Balance
₹48,000.00Open Wallet
Can this bid go through?
Minimum Next Bid₹31,001
Available Balance₹48,000
Reservations

How reservations work while bidding

When you become the highest bidder on a lot, the wallet keeps a reservation for that active highest bid. If you are outbid, the reservation is released back into your available balance.

Only active highest-bid reservations should stay locked.
Reservations move with auction state and the highest valid bid, not with every historical bid you made.
Ended or settled lots should move out of current reservations into the next stage.
Current Bid Reservations1 / 2
Auction #2460Locked
₹8,400.00Highest active reservation
OutbidReleased
₹5,000.00Returns to available balance
Winning Flow

What happens when you win

When the auction closes and your lot is marked won, it moves into the wallet payment flow. You settle the winning amount, get a receipt, and the item moves toward ownership completion.

Won items appear separately from active reservations.
Payment is a post-auction settlement step, not another bid.
After payment confirmation, the receipt stays available from the wallet.
Pending PaymentsAction Required
24k Bullion Bar₹64,210.00
Won Item
Pay Now
Receipt
Receipt Stage

How payment confirmation works

After paying for a won lot, you confirm the reference from the wallet payment page. Once recorded, the item moves into receipts and later into owned items after admin-side handover completion.

Use the payment page tied to that exact won item.
The recorded payment reference becomes part of the receipt trail.
This is the point where the auction result becomes a completed purchase flow.
Payment Confirmation
Winning bid:₹64,210.00
NP0012389
Receipt Stored