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  1. Auction User Guide
  2. NFT Dutch Auction Guides

Participate in an NFT Dutch auction

PreviousCreate an NFT Dutch auctionNextAfter the NFT Dutch auction

Last updated 2 years ago

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How to participate in an NFT Dutch auction?

1. Visit and select NFT auction house at the top right of the page

2. Select NFT Dutch auction under pool type

3. Find the NFT auction to participate in. Pay attention to the token contract address to ensure you enter the correct pool. If everything is correct click join and enter the NFT auction information page.

4. The NFT auction information page shows the current auction price, the time left until the next price decrease, and the current highest bid. Participants can place bids on the current price.If a transaction error with very high gas fee (usually over 200 USD), appears please do not proceed and go back to the parameter page to check if everything is entered correctly.5

. Before each price decrease, the contract will scan the current existing bids. If there is no existing bid, the price will decrease to the next level. If there is a bid, then the highest bidder will get the NFT.

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