Introduction to the Runes Module: A Guide for Navigating Our Bitcoin Marketplace

Understanding the Runes Module

Welcome to the innovative world of the Runes Module, a dedicated platform designed to enhance your digital asset trading experience. This module is not just a feature; it’s a comprehensive system that allows users to buy from our marketplace and list runes effortlessly. It also provides a seamless connection with Magisat.io for purchasing pending sales from other marketplaces. Here’s your complete guide to mastering buying and listing runes on our platform.

Introducing Rune Mempool Module (video)

How to Buy Runes

Buying runes is straightforward, thanks to our user-friendly interface. Follow these steps to acquire your desired runes efficiently:

1. Select a Rune: Begin by choosing the rune you are interested in. For example, you might start with “Rune X Bitcoin.”
2. Browse Listings: View a mix of listings to find available runes that meet your size or price criteria.
3. Choose Wisely: Pick your desired listing of runes. For instance, if the cheapest rune available is priced at X sats, select that one.
4. Add to Cart: Once you’ve chosen, add the rune to your cart and proceed to the purchasing stage.
5. Proceed to Buy: Confirm your purchase details, including gas settings, to optimize your transaction fees and speed things up.
6. Sign Transaction: Use your wallet to sign off on the transaction and then wait for it to be processed.
7. Transaction Verification: After signing, monitor the transaction in the Mempool. Once confirmed, verify that the rune appears in your wallet.

How to List Runes

Listing runes for sale involves a few specific steps aimed at ensuring your items are visible and attractively priced for potential buyers:

1. Navigate to Your Wallet: Access ‘My Wallet’ on the platform.
2. Select Your Item: Choose the rune you wish to sell, such as “Rune X Bitcoin.”
3. Set Your Price: Determine a competitive price for your rune; for example, setting it at 0.05 Bitcoin might attract prompt attention and buyers.
4. Confirm and Sign: After setting your price, confirm the listing details and sign the transaction to officially list your rune on the marketplace.
5. Official Listing: Once signed, your item is active and available for others to purchase.

Tips for listing runes.

1. Users prefer small batches – use our splitting tool for that. Watch this video for guidance
2. If you plan to list a big batch, you better undercut the floor.
3. If you list multiple batches, don’t use the same price – increment upwards.

These are only suggestions for educational purposes.

Maximizing Visibility Through Social Media

To enhance your selling potential, consider leveraging social media platforms like X. Sharing your listings can significantly increase visibility and attract more prospective buyers, ultimately leading to quicker sales.

Conclusion

The Runes Module provides a straightforward and efficient way to engage with digital asset trading. Whether you’re looking to buy or sell runes, the process is designed to be as intuitive and accessible as possible. With this guide, you can navigate our bitcoin marketplace confidently. Happy trading!