Auctions
Auctions are a great way to increase the value of your NFT and make profits. Below is the instruction on how to join to participate in NFT Bidding on NFT Marketplace of Kinglive NFT Streaming

If you are a buyer, how to participate in an auction?

Step 1
Connect BSC wallet to Kinglive NFT Streaming​
Step 2
Go to Kinglive NFT Streaming and select NFT Market.
Step 3
Select the NFT (on Auction) that you want to join the auction, click the button “Approve NFT Marketplace”, and then click “Confirm” in the wallet to complete the transaction.
Step 4
Click Bidding, fill in the price you want to buy the artwork, and click “Confirm”. After the submission is successful, you can view your bid in the list and you can keep following the auction in Bidding section in My NFT Artwork.
If you places an bidding order high as or higher than the price offered by the seller, your bidding order will automatically execute the selling price.
Once your bidding order has been filled, the amount of KDG to be paid for the NFTs will be automatically charged. So make sure you have enough KDG in your wallet to enable it.
Once your bidding order has been filled, the amount of KDG to be paid for the NFTs will be automatically charged. So make sure you have enough KDG to participate in the auction.
Step 5
During the bidding, you can change your bid. Each time you change your mind and resubmits the purchase order at another price, the latest purchase order will overwrite the previous purchase order.
The Artist will choose the price they think is appropriate and choose to sell, completing the bidding. If your bididing price was not be selected or the owner chose to relist, all KDG that you had paid will be returned to your wallet.

If you are a seller, how to start an auction?

Step 1
Connect BSC wallet to Kinglive NFT Streaming​
Step 2
Go to Kinglive NFT Streaming and select NFT Market.
Step 3
On My NFT Artworks, select the NFT you want to start bidding.
Click on Auction and start the bidding process by set up the amount and price you want to start an auction.
Step 5
Check the bids of each buyer in the artwork and choose the price you think matches to sell. NFT fee for Auction is 5 % the price you chose.
You can also revoke the sale during the bidding process, or choose to relist.
Last modified 4h ago