Where are my funds when they are in escrow?

When you place a bid on Foundation, $ETH is sent from your wallet to the Foundation smart contract where it is held in escrow. If you’re outbid, your funds will be automatically sent back to your wallet. If you win an artwork in an auction, your funds will be sent directly to the creator after you settle your NFT. Please keep in mind that bidding, and settling both require a gas fee.

 

Was this article helpful?

2 out of 2 found this helpful

Have more questions? Submit a request

Articles in this section

See more