An Online Auction System is a system where potential buyers place competitive bids on assets and services. The asset or service in question will sell to the party that places the highest bid.
- Admin can add the product for auction in their Magento 2 store.
- Admin can set start bidding price, start and end date etc.
- Admin can also set the increment bidding price.
- Admin can also extend the auction time.
- Only a logged-in customer can place a bid for the auction.