All about auctions on Funrise

How do auctions work exactly?

  • bids are debited from the wallet
  • if another participant outbid the bid, the money would be returned to the wallet
  • notification that the bid has been outbid will be sent via SMS to the account’s phone number used during the registration
  • if the auction is still live, you can place another bid higher than the current bid by clicking on “Bid again”
  • Prepare your NFT for an Auction

How to start an auction after NFT minting

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store