How to participate in an auction and purchase NFT?

Overall Flow

1.Preparations required to purchase NFT works
1-1 Prepare your Wallet
1-2 Hold Ethereum (virtual currency)

2.Purchasing NFT
2-1 Purchasing with Ethereum
2-2 Withdrawing the purchased NFT to your Wallet

1. Preparation required to purchase NFT works

Wallets and Ethereum must be prepared to purchase and bid on NFTs.

Prepare your wallet

To purchase and bid on NFTs, you need an Ethereum wallet.
If you already have a wallet, please click the "Connect" button on the NFT Shop to connect your wallet and use it.

If you don't have a wallet, we recommend you to use MetaMask or Torus wallet, which can be found by clicking the Connect button on the NFT Shop.

Hold Ethereum

‍You need Ethereum to buy and bid on NFT.

If you do not have Ethereum in your wallet, you will need to have it in your wallet.

If you already have Ethereum on your account in the exchange, please transfer Ethereum to your wallet and use it.

If you do not have ETH, you can purchase ETH with your credit card from the service on metamask.

2. Participate in auctions

Place a bid

If you want to participate in the auction, you will have to bid Ethereum for the NFT you want.

1. Press the Bid button and follow the instructions on your wallet to bid Ethereum. The Ethereum you bid will be locked on the Ethereum network.

2. You will also need to pay a fee called "gas" for bidding. The operating costs of Ethereum consume this fee.

3. After bidding, if a user bids at a higher price than you, the locked ETH will be refunded at that time.

Withdraw NFT

If you have bid for the highest price at the end of the auction period, you will be able to withdraw your NFT.

1. Press the "Withdraw" button and follow the instructions in your wallet to withdraw your NFT. This process will also require a gas fee.

2. Once the NFT is withdrawn, the locked Ethereum will be transferred to the creator and the platform.