At auctionity, we are always striving to improve user experience and make the bidding process as smooth as possible. We are constantly working on this so that the technicals of blockchain do not come in the way of what users really mean to do. With the new compatibility with the Portis Wallet, it is as simple as ever to login to the platform and start bidding.
In only takes a few steps:
Let’s jump right into it and go through the process in detail together.
Go to app.auctionity.com then click ‘Account’ in the top right-hand corner of the page, then click ‘Sign-in’.
The platform will automatically detect if you already have a wallet (such as Metamask) installed in your browser and offer you to log in through it.
If you do not already have a wallet installed, the platform will suggest logging in through Portis. Portis is a wallet which does not require you to install anything, it is fully integrated within your browser. It is the simplest way to get started on Auctionity if you are not too familiar with blockchain.
Click on ‘Login’, ‘Continue’ (purple button) then ‘Create an account’. Enter the email address and password you wish to associate with your Portis wallet.
⚠️ Make sure you can remember your password and store it in a safe place as the ONLY way to access your wallet if you forget your password is with your recovery phrase. To find your recovery phrase go to your Portis wallet, then click on Menu > Account > Recovery Phrase. Store the given words in a safe place.
The last step of the login process is now to enter your full name and email address when prompted to by the Auctionity platform. Hooray that was easy!
Before your can bid on an auction you like, you need to add funds to your Auctionity account, so make sure you already have funds on your Metamask or Portis wallet.
❓Why do you need to transfer ETH from your wallet to the Auctionity platform? This is done to enforce payment guarantee for the seller. You can only bid if you show you have enough funds to do so. It also prevents you from having to pay gas fees for each bid you place. You only pay the gas fee to transfer the funds to your account.
Placing a bid is super easy with Portis, you just need to add funds to your Auctionity account beforehand and you’re good to go! — Your friends from the Auctionity team
Whether you are using Portis or Metamask, the process is pretty much the same (though simpler with Portis). Find a collectible you want to buy on the Auctionity platform then click ‘Bid’. You will be prompted to pick the wallet you wish to use to credit your Auctionity account and place your bid.
Time to deposit some good old ETH onto your account. Pick a suggested amount or enter your own amount in the dedicated field. Gas Limit and Gas Prices are automatically set so leave them as they are for a quick deposit. Click ‘Sign with Portis’ to validate. Confirm the transaction in the Portis pop up (purple button).
The transaction is then broadcasted to the Ethereum network and your ETH is transferred onto your Auctionity account. You now have funds on your Auctionity account to place bids without paying gas fees.
[Metamask Users Only] You will need to switch your network to the Auctionity private network. A short video tutorial will show you how to when you are done transferring ETH.
Click on ‘bid’ and confirm the transaction in the Portis/Metamask pop up window.
❓You will notice that the amount of the transaction is 0. That is because you are using Auctionity’s network and not the Ethereum network. This is what allow us to eliminate gas fees when bidding. Do be aware however that you are using real ETH to place your bid despite the 0 amount showing here.
That’s it, you have placed your first bid. Repeat the process when you want to place another bid, only this time you will only have to confirm your bid since you already have funds on your Auctionity account. Do not forget to regularly top up your Auctionity account with ETH so that you do not get caught without a penny when you need to enter a bid battle!
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