> For the complete documentation index, see [llms.txt](https://guide.pawnfi.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guide.pawnfi.com/sell-nft/how-to-flash-trade-nft-sell.md).

# How to flash trade NFT (Sell)

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

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

### 1. Sell -> Flash Trade

<figure><img src="/files/3yMHwD2uVp2B8Lf5AUpu" alt=""><figcaption></figcaption></figure>

### 2. Select NFT

1\. Select collection

<figure><img src="/files/86WpqPl9V7qJVb4cgAcF" alt=""><figcaption></figcaption></figure>

2\. Select NFT

<figure><img src="/files/EwTE5qh5cmRBpSB7PvRF" alt=""><figcaption></figcaption></figure>

3\. Confirm amount

<figure><img src="/files/0S1ULpDdECXySCkWenf5" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
There will be NO service fee while exchanging NFT for P-Token.
{% endhint %}

### 3. 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.