# Trading AP

{% hint style="warning" %}

* For non-Holders (or Holders), you are able to purchase AP/DP in the open market
* Add exposure (or leveraged exposure) to collections you don't own (or do own)
  {% endhint %}

1. On the homepage, choose an NFT collection, then select “Swap” on the Airdrop Pass card.

   <figure><img src="/files/21wOdWzIrCnanJWRY0gR" alt=""><figcaption></figcaption></figure>
2. You will swap ETH for the AP token, which should resemble any other swap modal you see. **Please be careful of slippage caused by low liquidity in the trading LP.** Once you confirm the details, hit “Buy” and you will receive the AP tokens shortly.

   <figure><img src="/files/QLY2zt7lSToiednhnuYp" alt="" width="375"><figcaption></figcaption></figure>
3. To sell, select the “Sell” tab and follow the same steps. *Note that slippage can occur, resulting in impermanent loss.*

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***Disclaimer:** The object market is a highly risky and speculative market, thus assets like AP and DP contain even more risk and speculation. Please make sure you understand the product and risks associated with it before purchasing.*
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