> For the complete documentation index, see [llms.txt](https://docs.socio.family/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.socio.family/for-traders-and-investors-trading-mechanics/how-trading-works-eth-to-shares.md).

# How Trading Works (ETH to Shares)

Trading on Socio is designed to feel like buying a product — not navigating a DEX. Here's exactly what happens when you trade.

## The one-click pipeline

When you **buy** Creator Shares with ETH:

```
Your ETH
   │
   ▼
Auto-swap 1:  ETH ──────►  Tokenized stock (AAPL or NVDA)
   │
   ▼
Auto-swap 2:  Stock ─────►  Creator Shares (on the bonding curve)
   │
   ▼
You hold Creator Shares ✅
```

When you **sell**, the exact reverse happens:

```
Your Creator Shares
   │
   ▼
Auto-swap 1:  Shares ─────►  Tokenized stock
   │
   ▼
Auto-swap 2:  Stock ──────►  ETH
   │
   ▼
You receive ETH ✅
```

{% hint style="info" %}
**You never need to think about the intermediate steps.** Socio's backend routes everything automatically — all you do is choose how much to buy or sell.
{% endhint %}

## What this means for you

✅ **No manual swapping** — no ETH → stock → shares gymnastics in separate apps

✅ **Simple quantities** — buy by ETH amount or number of shares

✅ **Always liquid** — you can exit back to ETH whenever you want

✅ **Gas paid by you, fairly** — you control your own wallet and transactions

## Before you buy

Always hit **Preview price** on a group page to see:

| Field               | What it tells you                             |
| ------------------- | --------------------------------------------- |
| **Estimated cost**  | Roughly how much your purchase will cost      |
| **Price per share** | The current unit price of the token           |
| **Entry threshold** | The minimum shares you need to join the group |

## Fees on trading

* **2% Trader Tax** — split 1% to Pons and 1% to the creator.
* **Uniswap pool fees** — standard, tiny market-making fees.
* **Network gas** — paid by you, on the Robinhood Chain (very low).

No hidden charges. Ever. See **Transparent Fee Structure** for the full breakdown.

**Next:** understand how prices actually move.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://docs.socio.family/for-traders-and-investors-trading-mechanics/how-trading-works-eth-to-shares.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.