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Home > @3rdweb/sdk > IMarketplace > getBidBufferBps

IMarketplace.getBidBufferBps() method

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>