Guide: Bid in an Auction
Last updated
Last updated
Let's first use Soya platform's sophisticated Filter to sort out all Auction listings.
Each grid in the list represents a listed NFT with a fixed price. The current bidding price appears bellow NFT's name.
You can join an auction, by simply placing a bid on any on-going one.
On the detail page of an auction, you can see the current bid price, and a blue Bid button.
Below is a countdown clock indicating the remaining time of the auction.
You can also see the history bids in the Bids tab below the displayed NFT. The Bid on the top is the currently highest bid.
When you click the Bid button, a popup window will appear in which you may enter a bid price. You can also see the current minimum bid price beneath the price input.
To Place a Bid for an NFT, select the Bid button and a confirmation box will appear to confirm your purchase.
After confirming your purchase in the window, your wallet should ask you to confirm the transfer/payment.
Once your payment is confirmed, a confirmation dialog should appear on the website showing that the transaction is complete and NFT has already been transferred to your wallet.
When you win an auction, the object does not instantly become yours. To initiate the transfer, you or the seller must click the Collect button. If the seller has not yet clicked, you may do so.
After you select the Collect button, your wallet should prompt you to approve the transfer of the NFT to you as well as the payment to the seller.
Once your payment is confirmed, a confirmation dialog should appear on the website showing that the transaction is complete and NFT has already been transferred to your wallet:
You may inspect the actual transaction on chain by clicking the Transaction ID, or you can go to your Profile page to see the NFT you just purchased.
