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.
1. Buy -> Flash Trade
2. There are two options for purchase in Flash Trade
2-1. Random Mode: Get a random NFT from the pool
1. Select collection
2. Switch to "Random" mode
3. Enter the amount of NFTs you want to get
4. Confirm the P-Token amount you will need to pay
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
2. Select desired NFT
3. Confirm the P-Token amount you will need to pay
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.
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