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How do I list an auction?

Updated 3 months ago

Listing an auction is simple; all you need to do after creating an account is to follow these next steps:

1. After logging in, navigate to the "I am selling" button at the top of the page.

2. You will then be directed to the auction creation page, where you will be able to choose both the currency and amount that you are selling:

You can then select the currency that you’re looking to trade for in exchange:

You will also be required to set your auction duration, which will determine the amount of time for which your auction will be listed on our platform for buyers to participate in.

At the bottom of the page, you will be able to select whether you want an instant buy-in or bids starting at percentages, or both.

  • Instant buy at: This percentage will determine your instant buy-in price that the buyers can directly buy for without bidding. The final rate will be locked once the buyer clicks the buy-out button and this percentage will be either added or deducted from the coinmarketcap.com rate at that moment.
  • Bids starting at: This percentage will determine your auction starting price that the buyers can then bid on. This percentage increases every time a user bids on your auction. The final rate will be locked once the auction is finished and this percentage will be added or deducted from the coinmarketcap.com rate at that moment.

Finally, you can add an optional auction description under the "personalize your offer" button, where you can explain to potential buyers why you want to sell your auction for a higher/lower price.

Learn more about:

How to set up a multisig wallet: Guarda Wallet, MetaMask, and MyEtherWallet
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