English Auction
For NFTs sold by English auction, the NFT buyer can perform the following actions.
Place a Bid
Cancel Bid
Make Offer
Cancel Offer
How to place a bid to buy NFT in English auction
Prerequisite: Connect your crypto wallet to PlaNFT. (Refer to crypto wallet.)
Step 1: Find the NFT you want to bid on PlaNFT and click Place a Bid.
Step 2: Enter the token value and click Bid.
You may need to perform the following actions.
If your crypto wallet does not have a chain corresponding to NFT, click approve to add the chain you need.
If you want to switch to the chain that NFT is on, you will be warned that please switch to a wallet that supports Polygon/BNB/Ethereum network! Click switch to switch, and in the popup window click switch network to switch to the chain you want.
If you are using ERC20 token for the first time for make offer, you will need to click Confirm to authorize ERC20 to the PlaNFT trading contract, but for native token, this step is not required.
Step 3: Click Sign to confirm the transaction. You will see the following page as shown below. The final auction takes out the highest priced order as a tradable buy order, just wait for the NFT owner to make a deal. The crypto wallet needs to have enough tokens while making a deal.
Step 4: Optional, you can choose any of the following ways to cancel bid.
Click Cancel Bid.
Select Listings & Offers>Offers, click Cancel.
How to make offer to buy NFT in English auction
Step 1: Find the NFT you want to buy on PlaNFT and click Make offer.
Step 2: In the make offer window, select token and set the token value.
Step 3: Click Make Offer.
You may need to perform the following actions.
If your crypto wallet does not have a chain corresponding to NFT, click approve to add the chain you need.
If you want to switch to the chain that NFT is on, you will be warned that please switch to a wallet that supports Polygon/BNB/Ethereum network! Click switch to switch, and in the popup window click switch network to switch to the chain you want.
If you are using ERC20 token for the first time for make offer, you will need to click Confirm to authorize ERC20 to the PlaNFT trading contract, but for native token, this step is not required.
Step 4: Click Sign to confirm the transaction. You will see the following page as shown below. The final auction takes out the highest price order as a tradable buy order, just wait for the NFT Owner to make a deal. The crypto wallet needs to have enough tokens for making a deal.
If you do not have enough tokens, you need to refer to Top up my wallet to buy crypto.
Step 5: Optional, you can cancel offer in any of the following ways.
Click Cancel Offer.
Select Listings & Offers>Offers, click Cancel.
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