# How to flash trade NFT (Buy)

In Pawnfi, user can exchange P-Token for NFT instantly. The exchange rate is always set as 1,000 P-Token/ per NFT.

Please see [this doc](https://app.gitbook.com/s/kBj00aJACWfUcKT1T45t/getting-started/understanding-pawnfi/pawnfi-modules/p-token) for more information on P-Token.

### 1. Buy -> Flash Trade

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2FCJYfavXzN8c9q8x5oyfi%2Fimage.png?alt=media&#x26;token=1959934b-be2b-4483-b384-cd04fc3abd85" alt=""><figcaption></figcaption></figure>

### 2. There are two options for purchase in Flash Trade

### 2-1. Random Mode: Get a random NFT from the pool

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2FRSKYPYkA584CHgOIaGuQ%2Fimage.png?alt=media&#x26;token=67ba468c-6cbf-4ab4-9b11-93d94f162b11" alt=""><figcaption></figcaption></figure>

1\. Select collection

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2FcoqusGONZUhLmwDwnHPK%2Fimage.png?alt=media&#x26;token=9336dffe-954e-4a64-af08-fcf2c566b01a" alt=""><figcaption></figcaption></figure>

2\. Switch to "Random" mode

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2FhcXeAMpmBFAQJqdvh2sb%2Fimage.png?alt=media&#x26;token=15130285-0f4a-466c-9faa-a220c2fba27f" alt=""><figcaption></figcaption></figure>

3\. Enter the amount of NFTs you want to get

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2FUmCualgLe206lIU7bq4b%2Fimage.png?alt=media&#x26;token=9ede8183-9a33-4535-b4ee-d84ab992a81e" alt=""><figcaption></figcaption></figure>

4\. Confirm the P-Token amount you will need to pay

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2F113fjP0utQ8lZnKs4bzS%2Fimage.png?alt=media&#x26;token=5f53cbf4-7ca6-4579-98b0-f82bcecea90b" alt=""><figcaption></figcaption></figure>

There will be 0.5% service fee, which is 5 P-Token for each NFT.

5\. Approve -> Submit transaction

For the first flash trade among each collection, you will need to approve first. After approval, you can initiate on-chain transaction. Once confirmed, Flash Trade is completed.

### 2-2. Specific Mode: Get a specific NFT from the pool

1\. Switch to "Specific" mode

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2Fb2WXfnU8BF9g3GKq3d5Z%2Fimage.png?alt=media&#x26;token=a19e1de3-e390-4b3b-9151-55ff5e3bcd92" alt=""><figcaption></figcaption></figure>

2\. Select desired NFT

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2FHoWlt0GtHC2BR16FKuHj%2Fimage.png?alt=media&#x26;token=6eee3a64-2cad-4496-b26b-e1f5e3effc38" alt=""><figcaption></figcaption></figure>

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2FT1jyYpRv292sGw13Dbtf%2Fimage.png?alt=media&#x26;token=b3ff93b1-df75-4aaa-a897-3c6e34a240f1" alt=""><figcaption></figcaption></figure>

3\. Confirm the P-Token amount you will need to pay

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2FScJeYBNtQqDqz2Ph36k5%2Fimage.png?alt=media&#x26;token=44054646-a8e1-493c-b008-9c77b4e3ac15" alt=""><figcaption></figcaption></figure>

Other than 0.5% service fee, there will be additional 1% designation fee under "Specific" mode, which is 15 P-Token for each specific NFT.

4\. Approve -> Submit transaction

For the first flash trade among each collection, you will need to approve first. After approval, you can initiate on-chain transaction. Once confirmed, Flash Trade is completed.