1. Update your PDAX Account to at least Tier Level 2 (Verified)
2. Create a Bonds Account. The creation of the Bonds account would be done after the additional KYC has been completed by the user. An email notification will be sent once this has been set up. You may refer to the FAQs on “How do I set up a Bonds account?”.
3. Fund your account. Ensure that you have sufficient funds to cover the cost of the bonds you wish to purchase. You may fund your account using any of our existing cash-in partners. Click here to guide you on how to fund your account.
4. Proceed to Trade. Click Trade then click the “Bonds” filter. Select which of the Bond Token Pairs align with your investment goals and preferences. Bonds would only be available on the app during the offer period and you may only purchase this within the said time frame. You can find the details of the current offer period here.
5. Place your buy order. Specify the face value of the bonds you wish to purchase when placing the buy order within the offer period.
6. Order has been placed. After placing the order, you will be notified both in-app and through email that the order has been placed.
7. Receive bond order results via email. On the bond's auction date, the award email will be sent out. This contains the results of the bond order, which may be awarded in full, partial, or no award.
8. Receive Confirmation of Sale via email. On the bond’s issue date, if you are partially or fully awarded, the Confirmation of Sale would be sent out via email indicating that you have successfully purchased bonds on PDAX.
If by any chance you notice any mismatch in the confirmation of sale, contact us immediately.
9. Matured Bonds. On the maturity date, the face value equal to the specific bond token will be credited to their PDAX account. The bond tokens that have matured will be removed from their assets on the portfolio.