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How to Bid in an NFT/Mystery Box Auction on Binance NFT Marketplace

How to Bid in an NFT/Mystery Box Auction on Binance NFT Marketplace

2022-11-15 02:00
You can buy NFTs/Mystery Boxes on the Binance NFT Marketplace using the Auction sale method. If you placed the highest bid, you could purchase the item at the end of the auction.
1. Log in to your Binance account and go to [Binance NFT]. Click the NFT/Mystery Box you want to purchase, and you will be redirected to the detail page.
You will see the bidding price and the auction duration countdown. Click [Place a Bid].
Note: If the seller has set a buyout price, you can directly click [Buyout Price] to buy the NFT.
2. Enter your bid in the pop-up window. Please check the minimum markup before entering your bid - it refers to the minimum amount you need to increase from the last bid to place your bid.
You will also see the available balance in your Funding Wallet. Currently, Binance NFT Marketplace supports BNB and ETH. Enter your bid and click [Place a Bid].
You will be prompted to deposit additional funds if you don’t have a sufficient balance in your Funding Wallet.
3. Once you’ve successfully placed a bid, you’ll see a confirmation pop-up. Please note that once the bid is confirmed, it cannot be canceled. Your funds will be locked until another user places a higher bid or when the auction ends.
For more information on how to buy NFTs/Mystery Boxes on the Binance NFT Marketplace, please refer to: