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What does “Reserve met” mean in domain auction?

In an auction for a domain name, the reserve price is already met because the seller started the auction by agreeing to the starting bid and reserve price. If the domain does not receive additional bids during the auction period, the winning bidder will win the auction.

The reserve is not met at the auction and will only be posted once it has been met through the auction. All bids received below the reserve price will be accepted and posted, however, should the reserve price not be met, the auction will not end in a sale.

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