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What is the "auction loan" automatic bidding? Usage and frequently asked questions
Automatic bidding is a service function in loan auction, which can bring users a more convenient financial investment experience. What is a loan? How to use it? Below I bring you a detailed introduction. Let's have a look.

What is automatic bidding for auction loans?

Investors set their own bidding conditions according to their risk preferences and investment habits. Once the eligible loan list appears, the system will automatically help you bid.

How to turn on automatic bidding?

You can click "My Account"-select "Bidding Dispersion Tool"-click "Automatic Bidding".

How to use automatic bidding for auction loans?

Investors can choose system strategy or user-defined strategy for automatic bidding.

System strategy includes three bidding strategies: steady, growth and leading. User-defined policies include 20 filter dimensions. Investors can set their own bidding conditions, and the system will automatically bid according to the strategy you choose.

Summary of frequently asked questions about automatic auction of auction loans;

Is there a charge for automatic bidding?

At present, the official automatic bidding tools are free.

Can automatic bidding be turned off after it is turned on?

Yes, users can turn off automatic bidding according to their own choices; Or choose to add or delete bidding strategies.

Will automatic bidding repeat bidding?

Automatic bidding will not repeat bidding.

What are the advantages of automatic bidding?

1. After setting the conditions, the system can bid 7*24 hours, which improves the bidding efficiency and reduces the phenomenon of funds standing guard.

2. Diversify investment, reduce risks, easily earn better returns, and save time and effort.

3. You can automatically use the coupon function without wasting every eligible coupon.

Will automatic bidding invest in the subject matter of the creditor's rights transfer area?

No, automatic purchase of the subject matter of creditor's rights transfer requires the "automatic purchase of creditor's rights" tool.

What is the order of automatic bidding?

According to the time of investors' last automatic bid, queues are formed one by one and matched according to the order of the queues. If it meets the set rules, it will automatically bid, and users will queue up at the end of the queue again after bidding successfully.