Position Exchange
  • Position Exchange Introduction
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      • Buy back and Burn
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  • Products
    • Perpetual Trading Protocol
      • Perpetuals basics
        • Why Can't I Place a Futures Order?
        • Order type
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        • Funding rates
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        • Connect your Wallet
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      • Spot Trade 2.0 User Guideline
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        • Position Exchange DEX Airdrop Introduction
        • DEX Airdrop Referral Rules
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    • Exchange
      • Token Swaps
      • How to trade
      • Liquidity pools
      • How to Add/Remove liquidity
    • Position Bonds (Crypto Bonds)
    • Position P2P Bond
      • Sale rules
      • User's guide
        • How to issue a bond
        • How to purchase a bond
        • How to manage a bond - For issuers
        • How to claim assets when Bond's liquidated/matured - For holders
      • Liquidation
      • Policy
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      • How to use farms
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      • How to Cast & Stake NFTs
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  • Whitepaper
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  • Others
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    • What is Position Exchange Governance?
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  1. Products
  2. Position P2P Bond
  3. User's guide

How to purchase a bond

PreviousHow to issue a bondNextHow to manage a bond - For issuers

Last updated 2 years ago

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You can purchase a bond when it reaches the on-sale phase or purchase it on when it’s in the active phase.

When you use face assets to purchase bonds, you will pay at the issued price.

Please take note that the maximum quantity of bonds you can buy is equal to the available quantity of the bonds.

How to purchase a bond?

Step 1: Connect your wallet to

Step 2: Choose your preferred bond from the P2P bond list and click Purchase to view bond details

Step 3: Approve the face asset token by clicking the Approve [face asset token] button and confirm the action in your wallet.

Step 4: Enter the quantity of bond you want to buy. Click Purchase

The minimum quantity required is 0.001 Bond Unit The maximum quantity must not be over your balance and less than or equal to the available quantity of the bond.

Step 5: Check the transaction details and click Confirm Purchase. Then confirm the action in your wallet.

There will be a pop-up announcement when the transaction is submitted and an alert message announcing the successful transaction is confirmed.

You can check your bond balance in the Bond Balance section.

You can add the bonds to Metamask and exchange bonds on when the bonds reach active status.

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