# Buy and sell tokens

Every token starts on the bonding curve.

This is where the first buys and sells happen before graduation.

### Buying

Enter the amount of APE you want to spend, then review the preview.

The trade preview helps you check:

* estimated tokens received
* the platform fee
* the effect of price movement before confirmation

As the curve fills, the same APE buys fewer tokens. That is expected.

### Selling

Enter the amount of tokens you want to sell, then review the quote.

Before your first sell, your wallet usually asks for a token approval. After that, you can submit the sell.

Chimpx charges a **0.75%** platform fee on sells. Gas is separate.

{% hint style="warning" %}
Always review the final wallet prompt. Price can move between quote and confirmation.
{% endhint %}

### What you see on a token page

Each token page gives you the main trading context:

* recent activity
* market cap progress
* holder visibility
* graduation progress

### What changes after graduation

Once a token graduates, bonding curve trading stops.

The token then trades on Camelot instead.

From that point:

* Chimpx bonding curve fees no longer apply
* Camelot pricing takes over
* the burned LP stays locked permanently

### Trading tips

* smaller orders reduce price impact
* late entries cost more than early ones
* large sells can hit hard on thin momentum

### Next steps

Read [Graduation to Camelot](/graduation-to-camelot.md) for the handoff details.


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