Any seller can post an item to be an auction with a scheduled time to start, but this feature steps it up to let buyers place a bid to start auction at the time of their bid. This made to compliment scheduled auctions during Sell Your Item (SYI) process.
Choosing to start your item countdown upon first bid placed, allows your scheduled item to display as a live item awaiting on a first bid, however if no bids were placed prior to your scheduled time then it will start up as scheduled.
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