# How does Auctions works ?

## How does it work ? 

On the Auctions page, you can view all NFTs, whether live or completed. You'll see the remaining time for each auction, the initial price, and the current highest bid. 

To place a bid on an NFT, simply click on it!

<figure><img src="https://2446886402-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FoGAyE4umMAn9PquJpEHk%2Fuploads%2FLTam7GePcoRko1I1Uq26%2Fimage.png?alt=media&#x26;token=c721f333-ddfc-4bfd-8d95-c47ab666b983" alt=""><figcaption></figcaption></figure>

## How to place a bid?&#x20;

Firstly, you can see the exact time remaining, the current bid, and the next bid amount. By clicking on **Place Bid**, you can place the next bid. If your bid is successful, you will receive the NFT once the auction ends. If not, your bid amount will be refunded.

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\&#xNAN;*Alphaga charges a 2% fee for sellers.*

<figure><img src="https://2446886402-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FoGAyE4umMAn9PquJpEHk%2Fuploads%2Fs3CpeqUsNB2DaoVKqE0x%2Fimage.png?alt=media&#x26;token=b886a4ec-c629-437b-afc6-aabe01a54849" alt=""><figcaption></figcaption></figure>