'No snip' – auctions sniper block

What does this sign stand for?

No Snip If you run into this symbol while browsing online auctions "blocked", it means that the seller of that item does not allow placing bids during the last seconds of the auction.
It’s likely that the seller does not allow people to bid via the and is hoping to sell the item at a high price.

All auctions that do not contain this symbol are open to shooting via the Perfect sniper

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