diff --git a/package.json b/package.json
index 9c4cfb0..88d540c 100644
--- a/package.json
+++ b/package.json
@@ -40,7 +40,7 @@
   },
   "dependencies": {
     "@solana/spl-token": "^0.1.8",
-    "@solana/web3.js": "^1.24.1",
+    "@solana/web3.js": "^1.30.2",
     "@types/bs58": "^4.0.1",
     "axios": "^0.21.4",
     "bn.js": "^5.2.0",
diff --git a/src/actions/cancelBid.ts b/src/actions/cancelBid.ts
new file mode 100644
index 0000000..7bb8d01
--- /dev/null
+++ b/src/actions/cancelBid.ts
@@ -0,0 +1,128 @@
+import { Keypair, PublicKey, Transaction } from '@solana/web3.js';
+import { Wallet } from '../wallet';
+import { Connection } from '../Connection';
+import { sendTransaction } from './transactions';
+import { AccountLayout, NATIVE_MINT, Token, TOKEN_PROGRAM_ID } from '@solana/spl-token';
+import { AuctionExtended, BidderMetadata, BidderPot, CancelBid } from '../programs/auction';
+import { TransactionsBatch } from '../utils/transactions-batch';
+import { AuctionManager } from '../programs/metaplex';
+import { CreateTokenAccount } from '../programs';
+
+interface ICancelBidParams {
+  connection: Connection;
+  wallet: Wallet;
+  auctionManager: PublicKey;
+  bidderPotToken: PublicKey;
+  destAccount?: PublicKey;
+}
+
+interface ICancelBidResponse {
+  txId: string;
+}
+
+export const cancelBid = async ({
+  connection,
+  wallet,
+  auctionManager,
+  bidderPotToken,
+  destAccount,
+}: ICancelBidParams): Promise<ICancelBidResponse> => {
+  const bidder = wallet.publicKey;
+
+  const manager = await AuctionManager.load(connection, auctionManager);
+  const auction = await manager.getAuction(connection);
+
+  const auctionStrKey = manager.data.auction;
+  const auctionTokenMintStrKey = auction.data.tokenMint;
+  const vaultStrKey = manager.data.vault;
+  const auctionExtendedKey = await AuctionExtended.getPDA(vaultStrKey);
+  const bidderPotKey = await BidderPot.getPDA(auctionStrKey, bidder);
+  const bidderMetaKey = await BidderMetadata.getPDA(auctionStrKey, bidder);
+
+  const accountRentExempt = await connection.getMinimumBalanceForRentExemption(AccountLayout.span);
+  const txBatch = await getCancelTransactions({
+    destAccount,
+    bidder,
+    accountRentExempt,
+    bidderPotKey,
+    bidderPotToken,
+    bidderMetaKey,
+    auctionStrKey,
+    auctionExtendedKey,
+    auctionTokenMintStrKey,
+    vaultStrKey,
+  });
+
+  const txId = await sendTransaction({
+    connection,
+    wallet,
+    txs: txBatch.toTransactions(),
+    signers: txBatch.signers,
+  });
+
+  return { txId };
+};
+
+interface ICancelBidTransactionsParams {
+  destAccount: PublicKey;
+  bidder: PublicKey;
+  accountRentExempt: number;
+  bidderPotKey: PublicKey;
+  bidderPotToken: PublicKey;
+  bidderMetaKey: PublicKey;
+  auctionStrKey: string;
+  auctionExtendedKey: PublicKey;
+  auctionTokenMintStrKey: string;
+  vaultStrKey: string;
+}
+
+export const getCancelTransactions = async ({
+  destAccount,
+  bidder,
+  accountRentExempt,
+  bidderPotKey,
+  bidderPotToken,
+  bidderMetaKey,
+  auctionStrKey,
+  auctionExtendedKey,
+  auctionTokenMintStrKey,
+  vaultStrKey,
+}: ICancelBidTransactionsParams): Promise<TransactionsBatch> => {
+  const txBatch = new TransactionsBatch({ transactions: [] });
+  if (!destAccount) {
+    const account = Keypair.generate();
+    const createTokenAccountTransaction = new CreateTokenAccount(
+      { feePayer: bidder },
+      {
+        newAccountPubkey: account.publicKey,
+        lamports: accountRentExempt,
+        mint: NATIVE_MINT,
+      },
+    );
+    const closeTokenAccountInstruction = new Transaction().add(
+      Token.createCloseAccountInstruction(TOKEN_PROGRAM_ID, account.publicKey, bidder, bidder, []),
+    );
+    txBatch.addTransaction(createTokenAccountTransaction);
+    txBatch.addAfterTransaction(closeTokenAccountInstruction);
+    txBatch.addSigner(account);
+    destAccount = account.publicKey;
+  }
+
+  const cancelBidTransaction = new CancelBid(
+    { feePayer: bidder },
+    {
+      bidder,
+      bidderToken: destAccount,
+      bidderPot: bidderPotKey,
+      bidderPotToken,
+      bidderMeta: bidderMetaKey,
+      auction: new PublicKey(auctionStrKey),
+      auctionExtended: auctionExtendedKey,
+      tokenMint: new PublicKey(auctionTokenMintStrKey),
+      resource: new PublicKey(vaultStrKey),
+    },
+  );
+  txBatch.addTransaction(cancelBidTransaction);
+
+  return txBatch;
+};
diff --git a/src/actions/index.ts b/src/actions/index.ts
index 1eb2a02..93bf35e 100644
--- a/src/actions/index.ts
+++ b/src/actions/index.ts
@@ -1,3 +1,4 @@
 export * from './transactions';
 export * from './initStore';
 export * from './mintNFT';
+export * from './cancelBid';
diff --git a/src/config.ts b/src/config.ts
index ab16638..d3cb09c 100644
--- a/src/config.ts
+++ b/src/config.ts
@@ -10,6 +10,7 @@ export const config = {
     packs: 'BNRmGgciUJuyznkYHnmitA9an1BcDDiU9JmjEQwvBYVR',
     // External
     memo: 'MemoSq4gqABAXKb96qnH8TysNcWxMyWCqXgDLGmfcHr',
+    token: 'TokenkegQfeZyiNwAJbNbGKPFXCWuBvf9Ss623VQ5DA',
   },
   maxCreatorLimit: 5,
 };
diff --git a/src/programs/auction/accounts/BidderMetadata.ts b/src/programs/auction/accounts/BidderMetadata.ts
index 50f6ab1..8924737 100644
--- a/src/programs/auction/accounts/BidderMetadata.ts
+++ b/src/programs/auction/accounts/BidderMetadata.ts
@@ -1,4 +1,4 @@
-import { AccountInfo } from '@solana/web3.js';
+import { AccountInfo, PublicKey } from '@solana/web3.js';
 import BN from 'bn.js';
 import { Account } from '../../../Account';
 import { AnyPublicKey, StringPublicKey } from '@metaplex/types';
@@ -56,4 +56,14 @@ export class BidderMetadata extends Account<BidderMetadataData> {
   static isCompatible(data: Buffer) {
     return data.length === BidderMetadata.DATA_SIZE;
   }
+
+  static getPDA(auction: AnyPublicKey, bidder: AnyPublicKey) {
+    return AuctionProgram.findProgramAddress([
+      Buffer.from(AuctionProgram.PREFIX),
+      AuctionProgram.PUBKEY.toBuffer(),
+      new PublicKey(auction).toBuffer(),
+      new PublicKey(bidder).toBuffer(),
+      Buffer.from('metadata'),
+    ]);
+  }
 }
diff --git a/src/programs/auction/accounts/BidderPot.ts b/src/programs/auction/accounts/BidderPot.ts
index 9fae58c..a145a85 100644
--- a/src/programs/auction/accounts/BidderPot.ts
+++ b/src/programs/auction/accounts/BidderPot.ts
@@ -1,7 +1,7 @@
 import { Borsh } from '@metaplex/utils';
 import { AnyPublicKey, StringPublicKey } from '@metaplex/types';
 import { AuctionProgram } from '../AuctionProgram';
-import { AccountInfo } from '@solana/web3.js';
+import { AccountInfo, PublicKey } from '@solana/web3.js';
 import { Account } from '../../../Account';
 import { ERROR_INVALID_ACCOUNT_DATA, ERROR_INVALID_OWNER } from '@metaplex/errors';
 import { Buffer } from 'buffer';
@@ -47,4 +47,13 @@ export class BidderPot extends Account<BidderPotData> {
   static isCompatible(data: Buffer) {
     return data.length === BidderPot.DATA_SIZE;
   }
+
+  static getPDA(auction: AnyPublicKey, bidder: AnyPublicKey) {
+    return AuctionProgram.findProgramAddress([
+      Buffer.from(AuctionProgram.PREFIX),
+      AuctionProgram.PUBKEY.toBuffer(),
+      new PublicKey(auction).toBuffer(),
+      new PublicKey(bidder).toBuffer(),
+    ]);
+  }
 }
diff --git a/src/utils/transactions-batch.ts b/src/utils/transactions-batch.ts
new file mode 100644
index 0000000..12b33a6
--- /dev/null
+++ b/src/utils/transactions-batch.ts
@@ -0,0 +1,50 @@
+import { Keypair } from '@solana/web3.js';
+import { Transaction } from '../Transaction';
+
+interface TransactionsBatchParams {
+  beforeTransactions?: Transaction[];
+  transactions: Transaction[];
+  afterTransactions?: Transaction[];
+}
+
+export class TransactionsBatch {
+  beforeTransactions: Transaction[];
+  transactions: Transaction[];
+  afterTransactions: Transaction[];
+
+  signers: Keypair[] = [];
+
+  constructor({
+    beforeTransactions = [],
+    transactions,
+    afterTransactions = [],
+  }: TransactionsBatchParams) {
+    this.beforeTransactions = beforeTransactions;
+    this.transactions = transactions;
+    this.afterTransactions = afterTransactions;
+  }
+
+  addSigner(signer: Keypair) {
+    this.signers.push(signer);
+  }
+
+  addBeforeTransaction(transaction: Transaction) {
+    this.beforeTransactions.push(transaction);
+  }
+
+  addTransaction(transaction: Transaction) {
+    this.transactions.push(transaction);
+  }
+
+  addAfterTransaction(transaction: Transaction) {
+    this.afterTransactions.push(transaction);
+  }
+
+  toTransactions() {
+    return [...this.beforeTransactions, ...this.transactions, ...this.afterTransactions];
+  }
+
+  toInstructions() {
+    return this.toTransactions().flatMap((t) => t.instructions);
+  }
+}
diff --git a/yarn.lock b/yarn.lock
index f65fe9e..5e251b6 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -493,6 +493,27 @@
     minimatch "^3.0.4"
     strip-json-comments "^3.1.1"
 
+"@ethersproject/bytes@^5.5.0":
+  version "5.5.0"
+  resolved "https://registry.yarnpkg.com/@ethersproject/bytes/-/bytes-5.5.0.tgz#cb11c526de657e7b45d2e0f0246fb3b9d29a601c"
+  integrity sha512-ABvc7BHWhZU9PNM/tANm/Qx4ostPGadAuQzWTr3doklZOhDlmcBqclrQe/ZXUIj3K8wC28oYeuRa+A37tX9kog==
+  dependencies:
+    "@ethersproject/logger" "^5.5.0"
+
+"@ethersproject/logger@^5.5.0":
+  version "5.5.0"
+  resolved "https://registry.yarnpkg.com/@ethersproject/logger/-/logger-5.5.0.tgz#0c2caebeff98e10aefa5aef27d7441c7fd18cf5d"
+  integrity sha512-rIY/6WPm7T8n3qS2vuHTUBPdXHl+rGxWxW5okDfo9J4Z0+gRRZT0msvUdIJkE4/HS29GUMziwGaaKO2bWONBrg==
+
+"@ethersproject/sha2@^5.5.0":
+  version "5.5.0"
+  resolved "https://registry.yarnpkg.com/@ethersproject/sha2/-/sha2-5.5.0.tgz#a40a054c61f98fd9eee99af2c3cc6ff57ec24db7"
+  integrity sha512-B5UBoglbCiHamRVPLA110J+2uqsifpZaTmid2/7W5rbtYVz6gus6/hSDieIU/6gaKIDcOj12WnOdiymEUHIAOA==
+  dependencies:
+    "@ethersproject/bytes" "^5.5.0"
+    "@ethersproject/logger" "^5.5.0"
+    hash.js "1.1.7"
+
 "@gar/promisify@^1.0.1":
   version "1.1.2"
   resolved "https://registry.yarnpkg.com/@gar/promisify/-/promisify-1.1.2.tgz#30aa825f11d438671d585bd44e7fd564535fc210"
@@ -1170,7 +1191,7 @@
     buffer-layout "^1.2.0"
     dotenv "10.0.0"
 
-"@solana/web3.js@^1.21.0", "@solana/web3.js@^1.24.1":
+"@solana/web3.js@^1.21.0":
   version "1.29.2"
   resolved "https://registry.yarnpkg.com/@solana/web3.js/-/web3.js-1.29.2.tgz#05c162f477c226ee3211f8ee8c1c6d4203e08f54"
   integrity sha512-gtoHzimv7upsKF2DIO4/vNfIMKN+cxSImBHvsdiMyp9IPqb8sctsHVU/+80xXl0JKXVKeairDv5RvVnesJYrtw==
@@ -1190,6 +1211,26 @@
     superstruct "^0.14.2"
     tweetnacl "^1.0.0"
 
+"@solana/web3.js@^1.30.2":
+  version "1.30.2"
+  resolved "https://registry.yarnpkg.com/@solana/web3.js/-/web3.js-1.30.2.tgz#e85da75e0825dc64f53eb64a1ff0115b27bec135"
+  integrity sha512-hznCj+rkfvM5taRP3Z+l5lumB7IQnDrB4l55Wpsg4kDU9Zds8pE5YOH5Z9bbF/pUzZJKQjyBjnY/6kScBm3Ugg==
+  dependencies:
+    "@babel/runtime" "^7.12.5"
+    "@ethersproject/sha2" "^5.5.0"
+    "@solana/buffer-layout" "^3.0.0"
+    bn.js "^5.0.0"
+    borsh "^0.4.0"
+    bs58 "^4.0.1"
+    buffer "6.0.1"
+    cross-fetch "^3.1.4"
+    jayson "^3.4.4"
+    js-sha3 "^0.8.0"
+    rpc-websockets "^7.4.2"
+    secp256k1 "^4.0.2"
+    superstruct "^0.14.2"
+    tweetnacl "^1.0.0"
+
 "@tootallnate/once@1":
   version "1.1.2"
   resolved "https://registry.yarnpkg.com/@tootallnate/once/-/once-1.1.2.tgz#ccb91445360179a04e7fe6aff78c00ffc1eeaf82"
@@ -3338,7 +3379,7 @@ has@^1.0.3:
   dependencies:
     function-bind "^1.1.1"
 
-hash.js@^1.0.0, hash.js@^1.0.3:
+hash.js@1.1.7, hash.js@^1.0.0, hash.js@^1.0.3:
   version "1.1.7"
   resolved "https://registry.yarnpkg.com/hash.js/-/hash.js-1.1.7.tgz#0babca538e8d4ee4a0f8988d68866537a003cf42"
   integrity sha512-taOaskGt4z4SOANNseOviYDvjEJinIkRgmp7LbKP2YTTmVxWBl87s/uzK9r+44BclBSp2X7K1hqeNfz9JbBeXA==