Yes. Unless you un-check the Auto-Bid check box, the bid will be received as a "Proxy / Auto Bid."

The following steps will allow you to set a limit as to how high you are willing to bid on an item.
Any time you are outbid on this item, we will automatically place a bid for you up to your set limit.
After you have set a “Bid Amount," a line will be displayed telling you what the amount is each time you view the item.

Step 1.Click on the asset that you would like to bid on.
Step 2.Enter your “Bid Amount” in the bid box labeled “Enter Bid”. Your “Bid” must be equal to or greater than the “Minimum Bid”.
Step 3.Click "Place Bid"
Step 4. Click 'Agree.' A confirmation page will display the item description and the “Bid”. By clicking the 'Agree' button, you agree to the “Bid” placed, and the sellers "Terms and Conditions"