> ## Knowledge Base Index
> Fetch the complete knowledge base index at: https://helpdesk.verse.works/sitemap.xml
> Use this file to discover available pages before exploring further.
> Pure-Markdown content can be obtained by appending a '.md' suffix to the content URLs listed in the sitemap (without the trailing slash).

# How do dutch auctions work?

In a dutch auction, the price drops over time. 

There is no limit to how the number of purchases each collector can make.

Like all sales on Verse, you can pay by [credit/debit card or cryptocurrency](https://helpdesk.verse.works/en/article/how-to-pay-on-verse-87vyjb/?bust=1706551567523).

## Rebates

If you pay above the resting price, you will receive a refund for the difference between this and what you paid. 

For example, if you buy at $300 but the price drops to $200, you will receive a refund of $100.

Rebates are sent to your original payment method as soon as the auction ends.


## Gas fees

Verse covers the gas fees for minting.