What’s the Difference Between Buying via a Listing and Bidding on an Auction?
When you bid on an NFT in an auction, the highest bidder wins when the auction ends. However, when you buy an item via a listing, you receive the NFT instantly (as a quick buy) or after the seller completes their part of the sales contract (an escrow buy).
Was this article helpful?
YES
NO
250 out of 275 people found this helpful
Have more Questions?
What is a non-fungible token (NFT?)What Do NFTs Have to Do with Gaming?What Is a vIRL NFT?Why Should I Collect NFTs?Which Wallets and Blockchains Is the WAX Cloud Wallet Compatible With?Why Can’t I Just Screenshot the NFT vs. Actually Owning It?How Does Scarcity Affect an NFT?Is the WAX Blockchain Really Carbon Neutral?Why Does My Available CPU Fluctuate Throughout the Day?What Is CPU on the WAX Blockchain?What Is NET on the WAX Blockchain?What Is RAM on the WAX Blockchain?Where Can I Purchase More Ram?