# How to Participate in a Time-limited Auction

When you come across an NFT auction you like, you can bid on it. \
\
Click 'Place a bid', enter your price and that's it. 

However, please note:

* Bid must be higher than the starting price 
* Bid must be at least 5% higher than the current bid

<figure><img src="https://3489225859-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwGnGqd5wGgV2vbQ654V2%2Fuploads%2FESCmVE33X6SVfqEYqlDU%2Fimage.png?alt=media&#x26;token=fd52e79b-56c2-4044-a078-2eddd796163b" alt=""><figcaption></figcaption></figure>