2022-12-04
Blog Laqira Protocol

Trading through Auction

To know all the features of an NFT Marketplace may sound a bit demanding. To assist you understand all the benefits of the Laqira Protocol Marketplace, we have come up with the idea to explain each features and applications every day.

Buying NFTs Trading through Auction

Another special feature of Laqira Protocol NFT Marketplace is the possibility of buying and selling NFTs through an Auction. In an Auction, the seller first sets a minimum price for a given period. Buyers can bid higher than the seller’s price in the marketplace. At the end of the Auction Period, the seller can choose one of the buyers, regardless of who has submitted the highest bid and sell the NFT to that buyer.

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