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Home How to Sell NFT Works and Set the Selling Method (on APP)

How to Sell NFT Works and Set the Selling Method (on APP)

2022-02-28 05:59:51 UTC 80089 Read
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How to Sell NFT Works

1.Log in to your Gate.io account on app. Click "NFT Box" on the homepage.

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2.Click the “ img " button in the top-right corner on the "NFT MagicBox" page.

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3.Click "My Assets".

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4.Click on the asset you want to sell.

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5.Click "Sell".

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In "Listing Configuration", you can choose either "Buy It Now" or "Auction". See specific steps as follows:

How to sell at a fixed price

As shown in the screenshot below, you can sell your asset at a fixed Price followed by four steps:

① Choose payment currency;

② Enter the sale price;

③ Set the start time and end time;

④ Fees:No fees will be charged for listing, but you will be charged the following fees when the transaction is completed.

Click on "Confirm" if all the information is correct.


How to sell at an auction price

As shown in the screenshot below, you can select auction sale followed by eight steps:

① Select payment currency;

② Set the "Opening Price";

③ Set the start time and end time;

④Set the "Margin" (Auction deposit is required when bidders make their first bids. If the winning bidder cannot pay the full payment after the auction, his/her auction deposit will be used to compensate the seller's loss.)

⑤Set the "Reserve Price" (If the highest bid is lower than the reserve price, the item will not be sold. If you don't set a reserve price, the highest bidder will get the item);

⑥Set the "Increment" (bids must increase by a set increment each time);

⑦ Select a "Delay Period";

⑧ Fees:No fees will be charged for listing, but you will be charged the following fees when the transaction is completed.

⑨Click on "Confirm" if all the information is correct. (Once listed, the asset will be locked automatically.)



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