Home > @3rdweb/sdk > IMarketplace > getBidBufferBps
Fetch the current bid buffer on the marketplace contract. The bid buffer is represented in basis points.
This is a percentage (e.g. 5%). A new bid is considered to be a winning bid only if its bid amount is at least the bid buffer (e.g. 5%) greater than the previous winning bid. This prevents buyers from making very slightly higher bids to win the auctioned items.
Signature:
getBidBufferBps(): Promise<BigNumber>;
Returns:
Promise<BigNumber>