NFT Butler
  • NFT Butler
    • ๐Ÿ‘‹Welcome
    • โ“What is NFT Butler?
    • ๐ŸŒฑGetting started
      • 1๏ธโƒฃGet Access
      • 2๏ธโƒฃAdd Ethereum Wallet
      • 2๏ธโƒฃAdd Bitcoin Wallet (Ordinals)
      • 3๏ธโƒฃUpdate OpenSea Name
  • Products & Services
    • ๐Ÿ’ŽPlans & Pricing
    • ๐Ÿฅ‡PRO Access
    • ๐Ÿค–Discord Bot
      • /scan
      • /add
      • /ens
      • /refresh
      • /redeem
      • /bids
      • /sales
      • /flips
      • /traits
      • /tokenscan
  • Setup
    • ๐Ÿ”งOptimized Settings
    • ๐Ÿ’ปSetting up a VPS
    • โž•Add Collection to Butler
    • ๐Ÿ”‘Export WIF from ME Ordinals Address
    • ๐Ÿ”Security Features
  • Features
    • ๐Ÿช™Butler Gold
    • ๐Ÿค–Bidding & Autolisting
    • ๐Ÿ’ฐAuto Listing Engine
    • โœ…Listing Approvals
    • ๐ŸŽ–๏ธOrdinals Token Bidding
    • ๐ŸŽฏOrdinals Collection Bidding
    • ๐ŸŒŸMagic Eden Token Bidding
    • ๐Ÿ’ŽMagic Eden Collection Bidding
    • ๐Ÿ”Blur Bidding
    • ๐ŸปBera Bidding
    • ๐ŸงขBase Bidding
    • ๐ŸŽฎArbitrum Bidding
    • ๐ŸฆApe Chain Bidding
    • โšกInstant Counter Bidding
    • ๐ŸŒCollection & Trait Analytics
    • ๐Ÿ’ฑOS & Blur Sales Stats
    • ๐Ÿ”ฎBulk Edit
    • ๐Ÿ–๏ธBulk Create Tasks
    • ๐Ÿ“ŠDashboard
    • ๐Ÿ’ฐPerformance Overview
  • Task Types
    • ๐ŸŽฏCollection/Trait Bidding (CTO)
    • ๐Ÿš€Token Bidding
    • ๐ŸงManual Token ID Bidding
    • ๐Ÿ’ฒListing Task
  • More Resources
    • ๐Ÿ“šBest Practices
    • โ“FAQ
      • Fresh Installation of NFT Butler
      • Retrieve NFT Butler Log Files
      • Reset all tasks and Local Database in case of major issues
      • How do I get support?
      • What personal details have to be stored to use NFT Butler?
      • Do I need an API key for Opensea?
      • Is it possible to get a preview of the service?
      • What operating systems are supported?
      • Will my Tasks resume if my computer restarts for any reason?
      • Do I need an OpenSea API Key?
      • What marketplaces are supported?
      • A JavaScript error occurred
      • API Error: 429 (Rate Limited)
Powered by GitBook
On this page
  • Collection Bidding Tasks
  • Available Markets & Blockchains
  • Trait Bidding Tasks
  • CTO Configuration
  • Running Tasks
  1. Task Types

Collection/Trait Bidding (CTO)

PreviousPerformance OverviewNextToken Bidding

Last updated 1 month ago

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

Available Marketplaces for each collection are highlighted on the top left of each collection.

On the right side below the "favorite" icon we do also highlight on which blockchain the collection is hosted.

  • OpenSea - Ethereum

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.

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

CTO Configuration

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.

Position bidding is counting all bids of the same size as 1 position. So if multiple bids are active at the same price they count as 1 position.

  • 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

Running Tasks

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

  • 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.

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

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

With you can choose the target market place you want to do Bidding on:

With Position bidding is an additional option on OpenSea CTOs:

Maximum active bids will limit the number of active bids per CTO to ensure you're not exposing to much liquidity (bids) on the same collection or trait. Butler will automatically cancel the oldest bid once your task is exceeding this limit. Does also work with ICB

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

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

๐ŸŽฏ
Token Bidding Tasks
Token Bidding tasks.
PRO Access
PRO Access
Dashbord
instructions
Magic Eden - ETH Collections
Magic Eden - Ordinals Collections
OpenSea - Base
OpenSea - Blast
Blur - Ethereum
Blur - Blast
Click on the "CTO" icon to start a collection bidding task.
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.
From the traits overview page, you can start a Trait Bidding by clicking the "bid" (hand) icon.
Which market would you like to process your bids on?
Position bidding reduces risk when farming XP on OS2
On this screen you will see all your Collection & Collection Trait Bidding Tasks.
Enable CTO engine on the Dashboard