What is the auction method of eBay?

Online bidding auction. It's easy Sellers can choose to auction their own items and set auction parameters such as starting price and price increase. Buyers can bid for items through the website within a specified time. If the buyer's bid is higher than the highest price of its bidders, the buyer will get the right to bid for the item and need to pay for it. The auction method of eBay is suitable for second-hand goods, works of art, jewelry and other high-value items.