🎯Collection/Trait Bidding (CTO)

Collection Bidding Tasks

Collection Bidding Tasks are used to create automated offers on all tokens of a collection

• Resource-friendly because 1 single offer is covering the whole collection

• Low profit spans on most collections as it's very competitive

Available Markets & Blockchains

• Magic Eden - ETH Collections

• Magic Eden - Ordinals Collections

• Opensea - Ethereum

• Opensea - Base (comming soon)

Click on the "CTO" icon to start a collection bidding task.

Trait Bidding Tasks

Collection Trait Bidding Tasks are used to create automated offers on all tokens of a specified collection trait.

• Very profitable strategy

• Research-intensive as profitable traits have to be identified first

• Resource-friendly because 1 single offer is covering the whole collection

• Low profit spans on most collections as it's very competitive

To start a Collection Trait Bidding task, you have to click on the very left icon "traits", which will open the trait overview.

Click on the very left icon to see all traits of a collection. You can filter for collections that have Collection Trait Bidding enabled on OpenSea.

Now you'll see each Trait of the collection as a dedicated box which can be used to creat Trait Bidding Tasks.

From the traits overview page, you can start a Trait Bidding by clicking the "bid" (hand) icon.

Check Token Bidding Tasks if you want to bid on collections with Trait Bidding disabled.

CTO Configuration

CTOs do have mostly the same configuration options as Token Bidding tasks. However there are some special notes below.

The blue save icon enables you to save your own default configurations for many of the configuration fields. If the icon is blue, it indicates that this setting is already stored as your default configuration.

• Maximum active bids is only available on CTOs. It will limit the number of active bids per CTO to ensure you're not exposing to much liquidity (bids) on the same collection.
• For collection tasks we recommend to always set Maximum active bids

• Since a CTO is only processing 1 bid each time, the validity can be kept low between 10 - 15 minutes

• Immediately start task will also play the CTO immediately after creation

• We recommend to set the CTO interval to at least 1 - 5 min if you're running few (1-10) CTOs only

Setting CTO interval to 1 min

Running Tasks

After creating a Collection Trait Bidding Task, it will appear in the Collection Task menu in Butler:

On this screen you will see all your Collection & Collection Trait Bidding Tasks.

• Green border: means you're having the highest bid(s)

• Yellow border: someone else is having the highest bid(s)

• Red border: there's an error (shouldn't happen)

You will need to start the Collection Task Engine to start the bidding process.

It can be enabled on the Dashbord and the header of the page

Enable CTO engine on the Dashboard

It's recommended to add the NFTButler-prefix to your OpenSea Profile: see instructions.