What are the best practices for making offers?

What are the best practices for making offers?

The best practice for making offers is:

  1. Be serious with your offers - to increase your chances of getting an offer accepted, try to stay within 20% of the original listed price. If the item does not have a listed price, check out the floor price of other items in the same auction. This will give you an approximate for how much the seller should be willing to accept. 

  2. Give it some time - Give the other party a couple of days before you cancel your offer. Keep in mind that offers will automatically cancel after 7 days.

  3. Cancel offers to increase liquidity - If you have multiple outstanding offers and you  want to free up your funds, cancel some of your pending offers. This will grant you the liquidity to make offers on additional NFTs.


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      When you click on an NFT in the marketplace, you’ll see a “make offer” button next to the NFTs that are available for offers.

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