Placing a bid in an Auction

Placing a Bid on a Timed Auction NFT

To offer the best experience to customers, Shiniki Marketplace also supports trading NFT with Timed Auctions (Place a Bid). Bidding is best understood as sending an offer to an NFT holder, akin to eBay’s “Best Offer” system.

To join an auction, follow these steps:

Navigate to an NFT that is being listed as a Timed Auction that you want to buy.

Step 1: Click on “Place Bid” button

Step 2: Enter your desired bidding amount and click on the “Place Bid” button to proceed. After confirming the signature request on your wallet, your bid will be posted.