# set\_min\_bid

An entrypoint that setups a minimum bid that will be used to check user's first bid in time of auction launch.

### Call parameters

<table><thead><tr><th>Field</th><th width="198.33333333333331">Type</th><th>Description</th></tr></thead><tbody><tr><td>min_bid</td><td>nat</td><td>New minimum bid</td></tr></tbody></table>

### Usage

{% tabs %}
{% tab title="🌮 Taquito" %}

```javascript
const auctionAddress = "KT1...";
const minBid = 100;
const auction = await tezos.contract.at(auctionAddress);
const operation = await auction.methods.set_min_bid(minBid).send();

await operation.confirmation();
```

{% endtab %}
{% endtabs %}

### Errors

* `400` - `sender` of the transaction is not current administrator.
* `412` - non payable entrypoint (can't accept TEZ tokens during call of an entrypoint).