Opensea Bidding Bot. To use the Bidding feature, you can…

To use the Bidding feature, you can make the adjustments and start using it by clicking the ‘’Bidding Mode’’ button on the NFtinit.com homepage.

You can see the interface of the bidding bot below.

The bot has 7 options:

Standart Bidding
Fast Bidding
Loop
Competitive Bidding
Private Key Bidding
Trait Bidding
Buy Now Only Bidding

You can activate standard bidding by toggling of the “Fast Bid” button.

With the “Limit Speed” option that appears under the fast bid button, you can set a delay in between each bid. For example, if 10 seconds is typed there, the system will send bids with an global cooldown of 10 seconds. Note that this is totally optional and it is not necessary to slow your bids down unless you want it for a specific reason.

You can type the collection you want to send bids to in the “search” box and find it, then press the “Add” button in order to add them to the list.

In this example, we’ve added the Meebits collection.

Currently the floor price of the project is 3 ETH. If we submit a bid of 2.5 ETH we will make a profit around 0.416 ETH.

You can send your bids according to ID or ranking order. If the project has not been revealed, you cannot submit a bid according to the ranking order and enter the desired bidding amount in the default bid tab.

In the expiry time tab, we can enter how long we want our bids to be active for, in minutes or hours.

After pressing the “Submit Bids” button, the bot will start working if there is no problem with your settings and WETH balance.

Once the bids are submitted the Metamask sign request will pop-up:

Here you can do the signing manually or you can prefer to use it with Auto Clicker. You will need to scroll down to the bottom of the message and then press the sign button.

After the process is completed according to the ID or rank range you have entered, the bid bot will stop when the bidding is finished. You can go to your Opensea profile and check the bids from the activity tab. Refer to one of the videos in our Youtube Channel for setting up the autoclicker.

When you turn on the fast bid option, your bid submission speed will increase. You can send 70 to 100 bids per minute on average.

In this example we will demonstra placing bids on Loser Club Official collection which has a considerably lower floor price compared to Meebits. The project has high sales and a low royalty fee. With the profit calculator, we can determine how much we should bid to make profit.

Currently the floor price of the project is 0.18 ETH. If we submit a bid of 0.11 ETH we will make a profit around 0.043 ETH.

You can send your bids according to ID or ranking order. If the project has not been revealed, you cannot submit a bid according to the ranking order.

Then we enter the bid amount.

In the other section, we can enter how long we want our bids to be active for, in minutes or hours.

After pressing the “Submit Bids” button, the bot will start working if there is no problem with your settings and WETH balance.

Once the bids are submitted the Metamask sign request will pop-up:

Here you can do the signing manually or you can prefer to use it with Auto Clicker. You will need to scroll down to the bottom of the message and then press the sign button.

After the process is completed according to the ID or rank range you have entered, the bidding bot will stop when the bidding is finished. You can go to your Opensea profile and check the bids from the activity tab.

The “Loop” option restarts the same process after your bidding process is over.

For example, if we choose the Satoshi Runners collection, there are a total of 7777 NFTs in this collection. Bidding will end at an average of 1.5/2 hours. If you enter an expiry time of 2 hours, when the bidding process is over, it will continue to bid on the whole collection from the beginning.

Loop option is extremely efficient if you are after a certain trait, rarity or a range of ids. You can refer to this video for detailed explanation and use cases.

‘’Competitive’’ bidding is a mod that optimizes your bids according to the bids given to individual NFTs.

Before you start competitive bidding, you need to review the bids in the collection you have chosen. We will show how to determine this via two examples:

Almost all NFTs in the collection have offers around 0.1 WETH.

But some NFTs have offers around 0.14 WETH.

If we do not use Competitive Bidding, we should send a minimum bid of 0.141 WETH to all NFTs.

We set a lower limit with ‘’Default Bid’’ and an upper limit with ‘’Max Bid’’ when making competitive bids.

So we need to pass the minimum amount of bid, 0.1 WETH. We enter a reasonable price of 0.11 WETH for the lower limit.

In order to exceed the 0.14 WETH offer, we enter 0.15 WETH for the upper limit.

We have completed our process as seen below.

Bids are sent to the NFTs in the collection at the interval we set. Competitive Bidding bids 1% more of the active bid in each NFT, with a minimum of 0.11 WETH and a maximum of 0.15 WETH.

If any NFT in the collection has an active bid greater than the upper limit we set, Competitive Bidding passes that NFT without bidding. You can refer to this video for detailed explanation and use cases.

Tired of Metamask sign pop-ups? This mod is for you 🙂

This feature automates the Metamask signature.

Here you need to export your private key from your metamask wallet. (Using a Burner Wallet is recommended.)

Press the 3 dots on the metamask and enter “Account Details” tab from there.

After clicking “Export Private Key”, we enter our Metamask password.

After entering our password, we will be able to export the private key. You need to enter it into the field shown below.

After selecting the collection to which you want to send bids and setting parameters, you can press the “Submit Bids” button. The automatic bidding will start instantly.

If you want to bid very quickly, you can activate the Fast Bid and Private Key options. You can refer to this video for use cases and live examples.

If you want to send trait-based bids to specific items in collections, this feature is for you.

You can send a bid to the specific traits by clicking the “Select Traits” button above.

Let’s take the Kevin Punk collection as an example.

Its floor is currently 0.289 ETH. But the floor of NFTs that have “laser” trait, which is the rarest trait in this collection, is 0.85. If you only want to submit a bid to the laser trait, choose the laser trait.

We will send reasonable bids of 0.60 ETH as its floor is 0.85 ETH.

After making the settings, we click “Submit Bids” and send our bids only to NFTs with Laser trait. You can watch this video for further information and use cases.

If you only want to send bids to NFTs that are actively listed, you can activate the “Buy Now” mode.