CryptoRaggies
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  • Overview
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  • Utilities
    • 📈Tokenomics - $RAG
    • 🛍️RagAlley - Marketplace & Auction House
      • How to list my NFT in Marketplace?
      • How to start an On-Chain Auction?
        • How do auctions here work?
        • What are some best auction practices?
      • Need a Customised Marketplace and Auction House solution?
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      • Login (Desktop)
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        • 6 Nov 2023 (Latest)
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        • 26 Aug 2023
        • 24 Aug 2023
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        • The Tech
  • Soul & Soulbound Token (SBT)
    • 📗Introduction - Revolutionising On-Chain Identification
      • Understanding Your Soul: Your Unique Digital Passport
      • Decoding Soulbound Tokens: Entries in Your Diary
      • Discover Your Soul ID: Your Unique Blockchain Nametag
      • How Soul and SBT Technology Benefits the Community
    • ⚙️Developer's Protocol: Souls and Soulbound Tokens
      • Interacting with Souls
      • Implementing Soulbound Tokens (SBTs)
      • Conclusion
    • 📃Whitepaper
      • Understanding Souls and SBTs
      • Technical Overview
      • Conclusion
    • ❓FAQs
  • 🎉Anniversary 2023 (Ended)
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    • 📌Mint Annie 2023 NFT
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      • Prizes, Activities & Rules
      • How to play RaggieRun?
    • 🏪RaggieStore Promotion
    • 🎟️VasilRaggie Raffle
    • ⚔️RaggieChat Raid (RaggieWorld)
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  1. Utilities
  2. RagAlley - Marketplace & Auction House

How to start an On-Chain Auction?

PreviousHow to list my NFT in Marketplace?NextHow do auctions here work?

Last updated 1 year ago

Simply follow these steps below:

  1. Connect your wallet and wait for your NFTs to load. We support all major Cardano wallets, including our own RaggiePurrse on desktop. However if you are on mobile, we only support RaggiePurrse and Flint.

  2. Scroll to the item that you want to list, or use the search bar at the top of the page to find it, then click the AUCTION NFT button. A dialogue box will appear.

  3. Select the base currency for your auction. We support listings in ADA, $RAG and a range of native tokens from our friends in the CNFT space. Enter the Starting Bid, Bid Increment, Auction Start and End Times. Take note that your starting bid also acts as a reserve price so do not enter a price as starting bid which you will not be willing to accept.

  4. Double check your entered data to ensure it is exactly how you want to run your auction, then read the notice at the bottom to ensure you understand the fees involved.

  5. Click the AUCTION NOW button, and sign the transaction in your wallet.

More about Auctions:

🛍️
How do auctions here work?
What are some best auction practices?