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Auctions

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Last updated 1 year ago

5TARS regularly schedules NFT card auctions so that users can be eligible to obtain certain players or hard-to-find rarities.

How it works

  1. Auction Listings: 5TARS will host auctions for cards of all rarities. Users can browse through the available auction listings to find cards that interest them.

  2. Bidding Process: Each auction will have a specified time limit during which users can place bids. The user with the highest bid after the auction period will be the winning bidder and will acquire the NFT.

  3. Bid Requirements: To participate in an auction, users must meet two criteria:

    • Sufficient Wallet Space: Users need to have available space in their wallet to accommodate the new card.

    • Adequate STARCOINS: Users must have the required amount of STARCOINS to place a bid.

  4. Bid Deductions: When a user places a bid on a card, the corresponding amount of STARCOINS will be deducted from their balance. Additionally, the necessary space in their wallet will be temporarily blocked to accommodate the potential acquisition of the card.

  5. Outbid Refunds: If another user outbids the current highest bid, the STARCOINS and wallet space previously allocated for the bid will be refunded to the original bidder.

By engaging in our auctions, users can enjoy an exhilarating bidding experience and potentially acquire coveted cards for their collection.

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