Marketplace supports English Auctions (Sell to Highest Bidder) and Dutch Auctions (Sell with Declining Price).
English Auction: The person who bids the highest price during the specified period becomes the final buyer, and can bid or cancel at any time within the period.
1. Access the Details page of the NFT you wish to purchase
2. Click [Place Bid]
3. Enter desired purchase price
4. Click [Place Bid]
5. Approve from wallet
Dutch Auction: The price of NFTs decreases continuously from the highest (starting price) to the lowest (ending price) for a set period of time.
When the desired price is reached, the prospective buyer can bid on the NFT to purchase it.
1. Access the Details page of the NFT you wish to purchase
2. Click [Buy Now] when the NFT has reached what you are willing to pay
3. Double-check the information and click [Confirm]
4. Approve from wallet