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  1. Selling

How do auctions work?

Good to know : Auctions can be an exciting way to sell your NFT.

This guide explains the auctions on NumisArt:

Sell to the highest bidder: where the highest bid wins at the end.

Let's take a closer look so you can make the best choice to sell your NFT on NumisArt.

Sell to the highest bidder

Example

David set an auction starting bid at 1,000 USDT and bid increment at 100 USDT. Jason is the first person to bid and he bid 1,100 USDT. After the a while Wilson join in to this auction, and bid 1,200 USDT.

Wining bid : Wilson with 1,200 USDT.

Jason bidding fund will then return to his available balance inside the pool.

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Last updated 2 years ago