Coinbase Pro

Bids

An action that is taken during an auction to indicate your interest in buying an NFT at a particular price.

By placing a bid, you are committing a certain amount of your funds into a smart contract, which will automatically be used to purchase the NFT if the seller agrees to sell at your bid price. Auctions will typically have a minimum bid (the lowest price you can offer) and will feature multiple bids from potential buyers who want to acquire the NFT.

footer cta icon

Can't find what you're looking for?

Contact us