Trading

Moonft supports both fixed price trading and auctions, and all transactions completed on Moonft are subject to a 1% transaction fee. The transaction fees collected will be rewarded to the MTC token holders.

Fixed Price Transactions

Seller fixed price deal

● Sellers can list NFTs they want to sell on their Profile page and set expiration times.

● The price of NFTs can be changed without paying gas fees.

● NFTs can be unlisted at any time before they are purchased.

● After reaching the expiration time, NFTs will be taken down.

● Uploaded NFTs that are sent to a different address will be automatically removed from the shelf.

● Buyers can purchase NFTs in the marketplace at the price the seller has on their shelf.

Buyers send offers

● Buyers can send offers to sellers at a fixed price and set an expiration time on the NFT details page.

● Offers sent can be canceled at any time before closing.

● An asset in the wallet cannot be listed for less than the price set by any open offers.

● When the buyer has less equity in their wallet than the offer price, the seller cannot accept the offer.

● Offers will expire when expiration time is reached.

● Buyers can view the offers and accept them on their own NFT details page.

Auction Sales

Sellers can put their NFTs up for auction by setting a minimum bid and expiration time.

The seller cannot cancel the auction before the auction expires, the auction will automatically end when the expiration time is reached.

Buyers cannot bid less than the minimum bid set by the seller.

The buyer's bid must be greater than the price offered by the previous buyer.

Buyers cannot have less assets in their wallets than the price at which they bid.

If the assets in their wallet decrease (less than the bid price) after the buyer bids, the bid automatically expires.

When the expiration time is reached, the auction will be sold at either the highest bid currently in place or unexpired offer whichever is greatest.