Standing offers: name your price for any piece of a set
One quiet bid covers a whole set. Owners see it, one of them accepts, and only then does any money move.
5 min read·Buyers and sellers·6 steps
01What a standing offer is#
A normal offer targets one particular piece. A standing offer targets a design: you name a price you would pay for any piece of a set, and every owner of that set can see it. It is how patient collectors buy — instead of chasing listings, you state your price once and let the market come to you. And it is how the set keeps a ready market for everyone else: an owner who wants to sell today always knows there is a real buyer at a real number.
02Placing one#
On any set's market page, under the price history, enter your price and how many pieces you would take — one to five. The offer stays live until you cancel it — there is no clock. You have one standing offer per set; placing again simply replaces it, so raising or lowering your price is one step. An offer is backed by your balance: you can only offer what you could actually pay right now. Nothing is held or locked — your balance stays yours to spend elsewhere — but an offer you can no longer cover simply stops being live.
03Bidding on a whole series#
A standing bid can also cover a whole series. On a series page, name one price for any coin in it — whichever set, whichever edition — and every owner in that series sees a ready buyer. The same rules apply: one bid per series, one to five pieces, good until you cancel it, replaced by placing again, withdrawn from the series page or your account at any time, and backed by your balance so you only ever bid what you could pay. Where both a set offer and a series-wide bid could buy the same piece, the owner simply sees whichever price is higher.
04When an owner accepts#
The moment an owner accepts, the trade settles at once — the way it works everywhere on Bifrost. The certificate becomes yours and is vaulted in your name, the seller is paid, the creator earns their royalty, all in one step. There is no payment window and nothing left to do: acceptance is the trade. The only reason an accepted offer would not go through is if your balance no longer covered it — then it simply lapses, we tell you, and the piece stays with its owner. No harm done, nothing owed.
05For owners: the instant sell#
When someone has a standing offer on a set you hold, your collection shows it against each eligible piece — a quiet instant-sell at their price, backed by their balance. Accept it and the trade settles at once: the piece moves to the buyer and your proceeds are on their way to your wallet, with the 2.5% vault fee and the 2.5% creator royalty deducted on your side — you net 95%, exactly as with any sale. If an offer is no longer covered by its buyer's balance it shows as no longer backed and cannot be accepted.
06Withdrawing and replacing#
A standing offer binds you only while it stands. Withdraw it from your account at any time; replace it from the set page whenever your price changes; and if you do nothing, it simply stays live — good until you cancel it. The only thing that ends an offer on its own is your balance no longer covering it. Offers you have out and what they have filled are all listed in your account — one glance tells you exactly what you are currently willing to buy, and at what price.
