In this article, we'll show you how to list assets for auction on NFT.io.
- Make sure that your wallet is connected to NFT.io. If it's not yet connected, you may check this article on how to do so: How to Connect to NFT.io.
Click on the user avatar on the upper right corner and click "Profile".
-
Select the asset you'd like to place on auction. There are two ways to achieve this:
- Hover your mouse on the asset and click "List for Sale".
- Click on the asset and then click "List for Sale".
- Hover your mouse on the asset and click "List for Sale".
-
To list the asset for auction, select the "Auction" option and enter the Starting Bid price and the auction Duration. You can set the auction duration for a period ranging from 15 minutes up to one year. Alternatively, you can set a specific date and time for the auction to end.
For users listing Fungible Tokens (FT) for auction, they have the option to include multiple copies of the asset by adjusting the Quantity. It's important to note that unlike fixed-priced assets which are priced individually, auctioned assets are sold in bulk, and the final bid price is the only amount the seller will receive.
- Once you've inputted the Starting Bid, Duration of the auction, and the Quantity of assets (if applicable), simply click on "Sell Item" to complete the auction listing process.
- A pop-up window will then appear showing the Listing Deposit, Transaction fee, and Total. Click on "Confirm Transaction" to proceed. You will then receive a prompt on your Enjin Wallet to sign the transaction.
- The auction listing is now active and available for users to bid on through the NFT.io marketplace.
You can access and view the auction listing under the "On Sale" tab on your profile.
Navigating the world of NFTs can be daunting, but with tools such as NFT.io, the process becomes less complicated and more accessible. Remember, the success of your auction largely depends on the desirability of your asset, the starting bid, and the duration of the auction. So, take your time to make informed decisions and happy selling in the vibrant and exciting NFT marketplace!