# 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. 

{% hint style="info" %}
Please take note that the maximum quantity of bonds you can buy is equal to the available quantity of the bonds. 
{% endhint %}

### How to purchase a bond? 

**Step 1**: Connect your wallet to [Position Exchange](https://position.exchange/)

<figure><img src="/files/hHY3qWQiZ1xz5GmQDQIx" alt=""><figcaption></figcaption></figure>

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

<figure><img src="/files/xC9cvGaXBqZok6g5BgKh" alt=""><figcaption></figcaption></figure>

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

<figure><img src="/files/di30HFgV58oct7BPgYzu" alt=""><figcaption></figcaption></figure>

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

<figure><img src="/files/zMaTQVh2N1hjhz36Eiiz" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
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.&#x20;
{% endhint %}

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

<figure><img src="/files/jn3UbvcKCF4d4lMefo78" alt=""><figcaption></figcaption></figure>

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

<figure><img src="/files/AUpNz4t9omYblIHM79em" alt=""><figcaption></figcaption></figure>

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

<figure><img src="/files/WO3ksLrmmlVRXSnjxyyC" alt=""><figcaption></figcaption></figure>

You can add the bonds to **Metamask** and exchange bonds on [Bond Exchange](https://position.exchange/trade/) when the bonds reach active status.


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