How to buy on INS auction

Step 1

Visit market.metapro.one and click Login

Step 2

Connect with one of available wallet providers.

Step 3

If you are login for the first time please set your account or if you already have your account with us please connect your wallet and login to web3!

Step 4

Select Assets

Step 5

Select Marketplace

Step 6

Select INS auction in which you want to participate

Please take note of the various auction statuses for the INS auction option (Incoming, Active and Ended)

Step 7

Select Place Order to participate in this INS auction

Place Order button will only be available on Active INS auctions

Step 8

Enter the amount of NFT tokens you would like to purchase in this INS auction and click Confirm.

Step 9

Sign Transaction on your wallet.

Step 10

Finalize after sale

INS finalize function is used for the finalization of an NFT auction initiated by the creator. This function is called after a specified time has elapsed or after all NFTs have been sold.

The main purpose of this function is to calculate and settle payments for the sold NFTs. Within the function, the funds for the sold NFTs are transferred to the auction operator's account. It should be noted that, according to the auction rules, a portion of the payment may be reserved for the NFT creator (in the form of royalties), for the fund created by the operator (treasury), or in the form of a commission for the auction partner (referral).

If the initial NFT sale finalize function is successful, it means that the auction has been completed, the funds have been transferred to the operator's account, and the NFTs have been assigned to the buyers addresses.

In case of failure, the NFTs will be returned to the operator's contract.

Step 11

INS Finalize by Depositor

Finalize it to ensure a smooth transaction. This can easily be done on the Marketplace tab of your account. Finalizing an auction involves confirming the sale and sending payment.

Step 12

Select the arrow icon

Step 13

Access your Profile

Step 14

Select Marketplace from your profile > Buy auctions and click Finalize

Step 15

Select Confirm

Tokens that you purchased during the INS auction will be sent to you

Step 16

Sign Transaction on your wallet

Finalizing an auction is an important step in the transaction process, ensuring that both the buyer and seller have fulfilled their obligations and the transaction is complete. By finalizing the auction on NFT, the seller is indicating that the item has been successfully sold and the buyer now owns the digital asset.

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