> For the complete documentation index, see [llms.txt](https://docs.bounce.tech/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bounce.tech/basics/guides/buying.md).
# Buying
To buy a leveraged token, go to [bounce.tech/trade](https://bounce.tech/trade). This opens the Trade page, where you pick an asset, Direction, Leverage, and a USDC Buy amount, then click Place order.
On the Bounce UI, the size you enter is denominated in USDC, not in leveraged token units. **Trade details** converts that USDC into the token you will receive (for example `HYPE5L`).
#### 1. Log in
Click **Log in** in the header or on the buy panel. Users can log in with email, Google, or a crypto wallet such as Rabby or MetaMask. After logging in, deposit USDC to start trading.
#### **2. Select the asset you want to trade**
Click the market selector above the chart (for example HYPE-USDC). Search with ⌘K, or filter by Stocks, Commodities, Crypto, and ETFs.
You can also switch the chart between Underlying Chart (the Hyperliquid perp) and Leveraged Token Chart.
#### 3. Select Direction, Leverage, and Buy amount
In the right-hand panel:
1. Set Direction to Long or Short.
2. Set Leverage (2x / 3x / 5x; some shorts also offer 1x).
3. Enter USDC buy amount.
After entering an amount, expand **Trade details** to review:
* You receive: Estimated leveraged tokens received
* Min. received: The slippage protected minimum you will receive
* Position: Asset, leverage, direction, and token symbol
* Fees: 0% for buys, 0.3% for sells
{% hint style="info" %}
Trades on Bounce have a minimum order size of $15 USDC. If you are below the minimum size threshold, a panel will open showing insufficient amounts. If this happens, increase your order size to > $15
{% endhint %}
#### 4. Place order
For users that log in via Google or email, no further steps are required after clicking Place order. For crypto wallet users, orders must be signed by your wallet as standard.
**Crypto wallet users only**\
If it's your first time placing an order, you will be prompted to sign two transactions. One for approval and one for executing the order. Approval transactions only occur the first time you buy a leveraged token, future orders will only require one transaction.
#### 5. View position
After placing an order, view your position on the [Portfolio page](https://bounce.tech/portfolio) or directly on the trade page via the Positions table below the chart.
---
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