NFTz Overview
  • ❓Users Guide
    • Welcome
      • What is NFTz?
      • What is the DeSo Blockchain?
      • What is the DeSo Cryptocurrency?
      • What are diamonds?
      • How to handle Seed Phrases
      • What is an NFT?
      • What are the costs of using NFTz?
      • How do you login to NFTz.me?
      • How do you make a metamask identity?
      • How do you make a Deso Identity?
      • Teach me everything!
  • 👼NFT
    • Buying NFT Intro
      • How to buy an NFT?
      • How to claim a free NFT?
      • How to see unlockable content?
      • How does the NFTz market work for a buyer?
      • How can I see the cheapest NFTs a creator has for sale?
      • How can I see my ongoing bids?
      • How do I cancel a bid?
      • How can I see a collection of an NFT artist?
      • How can I see the rarity scores of a collection?
    • Selling NFT Intro
      • Minting
      • Royalties
      • Burning
      • How do you mint / sell an NFT?
      • How do you mint an ETH NFT? [Advanced]
      • How to mint an Audio NFT?
      • How do you create a claimable free NFT?
      • How to Transfer an NFT?
      • How to burn an NFT?
      • How to hide an NFT?
      • How to close an NFT auction? / Remove from sale
      • How to reopen an NFT auction?
      • How do you make a timed auction?
      • How do you cancel a timed auction?
      • How do you cancel a claimable NFT?
      • How do you update a timed auction?
      • How do you update a claimable NFT?
      • How do you make a metamask wallet? [PC]
      • How do you make a metamask wallet? [Android]
      • How do you make a metamask wallet? [iphone]
      • How to set additional royalties? [Advanced]
      • How to add unlockable content? [Advanced]
      • How to store an image on IPFS Piñata? [Advanced]
      • How to use an Arweave link? [Advanced]
      • How to make a collection of your NFTs? [Advanced]
      • How to add traits to your NFT by form? [Expert]
      • How to Add traits to your NFT by extradata? [Expert]
  • 🌈Creator Zone
    • Creator Zone Intro
      • What do all my Tabs mean on my personal page?
      • Changing the displayed NFTs that are featured on my personal page?
      • How do you make a gallery on your personal page?
      • How do you make a URL path of your gallery? [to share with others]
      • How do you share your personal page?
      • How do you share your gallery URL path?
      • How to accept an NFT that has been transferred to you?
      • How to set an app icon at my homescreen?
      • How to switch my app icon that other people can see?
      • How do you set an image banner at my personal page?
      • How do I add my emailadres?
      • How to set up analytics for your zone?
      • Show all current NFT owners
  • 🎮3D/VR
    • 3D/VR Intro
      • How do you mint / sell a 3D NFT? [Advanced]
      • How do you enter a 3D gallery?
      • How do you make a 3D Gallery?
      • How do you navigate an Gallery in 3D?
      • How do I give likes and diamonds in 3D?
      • How do you navigate an NFT in 3D?
      • How do you navigate an NFT in VR?
  • 🎨NFT Artist
    • How to become an NFT artist Intro
      • Creating an account
      • My first NFT
  • 🔍Troubleshoot
    • Lexicon Intro
    • Troubleshoot
  • 📳Contact / Socials
    • Contact / Social Intro
      • Meet the Team
Powered by GitBook
On this page
  1. NFT
  2. Selling NFT Intro

How do you make a timed auction?

At NFTz it's possible to make a timed NFT auction for NFTs with 1 copy/serial. You can set the length of the auction and when the time is finished the following can happen:

a. The highest bidder wins when there are multiple bidders. If there is only 1 bidder, this person will win. If multiple bidders have the same highest bid amount then the first bidder will win.

b. Somebody pays the full amount by using the buy function. This person will win the auction directly.

c. If there are no bidders the timed auction ends. The auction continues as an ordinary auction and it's possible to make bids. It's possible to start another timed auction.

Making a Timed auction

  1. Make sure you are logged in.

  2. Mint the NFT if it hasn't been minted.

  3. Go to the NFT and click on the ~Options button. If you have a mobile phone its behind the tab 'Details'.

  4. Choose the option 'Start / update auction'

  5. Set an end date and time.

  6. Press the button 'Get derived key'

  7. Choose 'Approve'

  8. Toggle the option 'Repost NFT after succesful Auction' if you want to make a repost which shows on your profile. We will always make a post how the auction ended.

  9. Press 'Add auction.'

You will receive a mail that a Timed Auction has started. You will also receive a mail if the Timed Auction has been won by a bidder.

PreviousHow to reopen an NFT auction?NextHow do you cancel a timed auction?

Last updated 2 years ago

If you questions or are getting errors you can go to our or contact us at our or .

👼
troubleshoot
telegram
Discord