FAQ: ENGLISH (RISING PRICE) AUCTION
Auction starts once the opening bid is announced. Participants are bidding a higher price than the one which is already announced until the deal is finalized with the participant who suggested the highest price. Currently, this is the most famous and most played auction type that exists. There are no automatic bids suggestions meaning that you can always see the price that is set at the moment - the one who’s bid the highest price is the winner.