An offer lets you bid on NFTs in a collection, rather than buying directly.

For example, let’s imagine there is a collection with a floor price at 1 ETH, but you think its worth 0.5 ETH. Instead of buying an NFT at the current price, you can make an offer for 0.5 ETH (using Wrapped Ether, or WETH, which is 1:1 in value to ETH).

The owners of that collection can decide whether to accept your offer. If an NFT owner accepts the offer, they will pay any gas fees required to complete the transaction.

You can make two types of offers on OpenSea Pro, Collection Offers and Trait Offers.

A collection offer is an offer to purchase a set number of NFTs in a specific collection, rather than sweeping or making offers on each individual NFT separately.

A collection offer can only be accepted once and will expire for all other NFTs in the collection after being accepted.

A trait offer is similar to a collection offer, but instead of offering to purchase all NFTs in a collection, you offer to purchase all NFTs that share a specific trait, such as a certain color or rarity level.

Not all collections will have traits offers enabled. Collection creators may need to enable this setting at marketplaces such as OpenSea.

Now that you know what an offer is - let’s show you how to make one on OpenSea Pro! 

Keep in mind that you'll need to make sure you have enough WETH in your wallet before making any offers. 

Method #1: Creating a Collection Offer Quickly (Existing Offer Amount)

If you're looking to make a quick collection offer at an existing offer amount (eg. you know you want to offer 0.038 WETH already), you can simply follow the video above to approve an existing offer amount. 

1) Click on any existing offer in Collection Offer.

2) Select one existing offer and click Approve Offer to quickly create an offer.

3) Sign the signature request in your wallet to create the offer. 

Method #2: Creating a Collection Offer (New Offer Amount)

1) On the collection page, press Collection Offer, this will prompt the offer toolkit.

2) Finalize the order parameters:

3) If the collection owner has enabled trait offers, select your desired trait(s).

4) Once you’ve finalized the offer, press Approve Offer and sign the signature request in your wallet.

5) The offer should appear under My Offers shortly after.

Please note, sellers won’t be able to accept offers for 3 hours after certain transfers or sales are transacted via OpenSea.

Please note, to make an offer you’ll need to have WETH in your wallet. But what is WETH?

WETH is a form of cryptocurrency that allows users to make pre-authorized bids that can be fulfilled at a later date without any further action from the bidder. WETH is 1:1 in value with ETH.

OpenSea Pro makes it easy to swap from ETH → WETH.

1) Head to the wallet manager in the top right corner.

2) In the Add Funds tab, enter your desired WETH Conversion amount.

3) Confirm your request by clicking the purple Wrap x.xx ETH button and confirming the signature request in your wallet.

4) Your ETH will be converted into WETH after your transaction is processed.

5) To convert your WETH → ETH, repeat the conversion process under Withdraw.

To revoke OpenSea Pro’s approval to use WETH in your wallet, head to Approvals, click Revoke and confirm the signature request in your wallet.