# How to purchase a bond
You can purchase a bond when it reaches the on-sale phase or purchase it on [Bond Exchange](https://position.exchange/trade/) when it’s in the active phase.
When you use face assets to purchase bonds, you will pay at the issued price.
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Please take note that the maximum quantity of bonds you can buy is equal to the available quantity of the bonds.
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### How to purchase a bond?
**Step 1**: Connect your wallet to [Position Exchange](https://position.exchange/)
**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**
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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.
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**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 [Bond Exchange](https://position.exchange/trade/) when the bonds reach active status.
