# Bid Now Pay Later Built on top of Pine Now Pay Later to enable users to place bids instead of taking market offers directly. With this feature, users are able to place a bid for a particular NFT without holding the equivalent amount of ETH in their wallets. A bid can be placed via our smart contract with margin in a fraction of the total amount. Whenever a user places an active bid via Pine, a loan is granted against the ETH margin to finance the leverage bid. After the acquisition goes through, the loan would become a regular Pine loan with the NFT serving as collateral. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.pine.loans/pine-features/bid-now-pay-later.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.