Dagora
  • 👋Dagora NFT Marketplace
  • 🛕Product
    • Marketplace
    • Launchpad
    • Hot Drops
    • Dagora Token ($DADA )
  • 🧭Beginner's Guide
    • Getting Started
      • How to sign in with Social Account
      • How to connect wallets
        • How to Connect Coin98 Super Wallet to Dagora
      • How to view collection and NFT list
      • How to buy NFTs
      • How to access account/ profile page
        • Fan account
        • Creator account
        • Brand account
      • How to transfer NFTs
    • Buying NFTs
      • How to instant buy NFTs
      • How to mint an NFT/ How to join Launchpad and Hot Drops
      • How to make offer an NFT
      • How to buy NFT from Auction
    • Selling NFTs
      • How to list/ cancel listing NFTs
      • How to list NFT for auction
      • How to view and accept offers
      • How to manage and list a bundle
    • Create NFTs
      • How to Create NFT
      • How to Join a Playground/ Mint DADA
    • FAQs
      • How can I contact Dagora for support?
      • What are gas fees?
      • Which blockchains does Dagora support?
      • Which cryptocurrencies are supported?
      • Will my assets be blocked from trading as soon as placing a bid?
      • What are the prices in Auction?
      • How much I will receive after selling an NFT?
      • What are the fees on Dagora?
  • 🖥️For Developers
    • FOR DEVELOPERS
  • 🖍️For Creators
    • List Collections, create Launchpad and Hot Drops
  • 📃Legal
    • Privacy Policy
    • Terms of Service
    • Copyright Dispute Policy
  • 💓Branding
    • Brand Assets & Guideline
  • 🔗Official Links
    • Channels & Communities
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  1. Beginner's Guide
  2. FAQs

Will my assets be blocked from trading as soon as placing a bid?

It depends on the rule of each blockchain. For EVM chains, your assets won't be blocked by anyone while bidding. The amount that you have bid remains in your wallet and not be kept in any contracts. It will not be deducted until the end of the auction.

For non-EVM chains (Sei Network and Injective), your assets will be kept in the contract while bidding, so it will be deducted from your wallet. Once there is a higher bidder, you will receive the token back to your wallet. In case there is no higher bidder and you are the highest bidder through the time, the bid amount will be locked until auction expired. Once it's expired, you will win the auction and receive the NFT.

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Last updated 10 months ago

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