NFT Prices: fix price, auction, bids
Last updated
Last updated
There are several types of the NFT price that The Curated platform supports.
Fix price
Auction price
Offer
Fix price means an artist defines a fixed price for the NFT. You can pay the fixed price and buy an art immediately, you don’t need to wait for anything.
Auction price - the sale is time-limited - there is a start date and end date of the auction. The NFT owner defines the start price. Each participant can make a bid above the starting price. When the auction end date is reached, the highest bidder wins the auction and buys the NFT. If your bid was outbid, it will be returned automatically. In all other cases, auction bids cannot be withdrawn.
Offer - if you like the art, but it is not currently on sale or you want to offer price that differs from the fix price, you can make an offer to an owner and propose your price for the particular NFT. An artist can either accept your offer or reject it. You can withdraw your offer.
Fees: Please be aware that in addition to the NFT price there could be additional costs: gas (transaction fee), original platform fee (where the NFT is originally hosted).
The Curated platform does not charge any fees.
Q: Is there a minimum for an offer?
A: It depends on the hosting platform, typically there is a minimum. You will see guidance in our interface.
Q: Is there a minimum for a bid?
A: It depends on the hosting platform, typically there is a minimum. You will see guidance in our interface.
Q: Can I make an offer for an art with the fix price?
A: Yes, you can do that.
