How And Where to Buy BONK in 2024 A Complete Guide

how to buy bonk coin

Yes, BONK i s available on multiple centralized exchanges like MEXC, Binance, Coinbase, KuCoin and more. Additionally, the exchange features a dedicated version of its platform specifically tailored for U.S. citizens, as the original platform is restricted in the country. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

The platform offers an intuitive and beginner-friendly interface supporting basic transactions, along with a digital wallet. Simultaneously, the Pro version presents more advanced trading features catering to experienced users. Operating as a completely remote company without physical offices, Coinbase serves over 100 countries and hosts more than 250 major crypto assets.

PayPal, GPay, etc.:

If you’d like to trade BONK but this is your first time using Solana—don’t worry, we’ve got you covered. With our Cross-Chain Swapper you can swap to BONK across Solana, Ethereum, and Polygon right from your Phantom wallet. In this article, we’ll give you a quick overview of BONK’s origin story and how you can buy, sell, and trade the memecoin. Tuesday marked the resumption of SOL’s ascent above the $13 threshold after nearly nine consecutive trading days of declines that saw the stock trade for just under $8. Approximately $643 million in SOL is under the custody of liquidators as part of Alameda Research’s bankruptcy proceeding (an FTX subsidiary). All of this is leading investors and businesses to distance themselves from Solana, or at the very least not pursue its blockchain as their only option.

The price of Solana (SOL) plummeted to its lowest level since February 2021 last week. After nearly nine days of consecutive declines that pushed its price to roughly $8 on Friday, its price has increased by over 12 percent in the last 24 hours. BONK was airdropped to investors during Christmas in 2022, but the token was officially made available for public trading in January 2023. If you’d like to fund, or send funds to, your Phantom wallet, you can do so via the “Buy” button on your asset tab. We offer various funding options, such as MoonPay, PayPal, and Robinhood to make it easy for you to fund your wallet.

  1. This recognition positions it well to further solidify its presence in the crypto space, potentially paving the way for collaborations and partnerships with other projects.
  2. However, at present, the token is exclusively available for purchase in the USDT pair, necessitating users to hold USDT to buy BONK from the MEXC exchange.
  3. Positioned as an innovative gaming platform tailored for gaming enthusiasts, Meme Kombat offers various rewards for users, making it an appealing investment option, particularly in its early stages.
  4. BONK can be purchased on various cryptocurrency exchanges by non-Solana community members.
  5. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Additionally, if available, you might have the option to purchase tokens using GPay or similar payment methods. For PayPal, you can use it as a payment method on peer-to-peer (P2P) platforms. This involves finding a BONK sell order on such a platform and offering payment via PayPal. BONK has swiftly risen to prominence as a top meme coin within the cryptocurrency realm, despite being just about a year old.

Ways to Buy BONK

In the last 24 hours, the price of Bonk has increased by around 95 percent. Important memecoins, including Shiba Inu (SHIB) and dogecoin (DOGE), remained unchanged. Memecoins are known to generate irrational optimism from the cryptocurrency community, with the market capitalizations of SHIB and DOGE surpassing $30 billion apiece by the beginning of 2022.

The cryptocurrency market’s recent signs of growth has refocused investors’ attention on projects like BONK. Despite being a relatively newer memecoin, this crypto, built on Solana, has experienced significant growth in recent weeks. However, the market for memecoins is highly speculative and volatile, with prices often driven by “clout” rather than an underlying technology or utility.

how to buy bonk coin

Well-known analysts, like Jacob Bury, find potential in this project and believe it will yield 10x dividends to its early movers. Additionally, it provides staking opportunities, enabling users to earn passively. As of the current writing, the project has raised close to $3.8 million out of its $5 million goal, making it one of the most successful crypto presales in the market.

What are memecoins and tokens?

Binance employs a tiered fee system, ranging from regular users to VIP 9, wherein fees decrease based on the deposited amount and trading volume on the exchange. Regular users encounter a 0.10% maker-taker fee, while BTC and ETH investors trading in the spot market currently enjoy fee-free transactions. Binance stands as arguably one of the most popular and widely utilized cryptocurrency exchanges globally, boasting a user base of over 90 million customers worldwide.

How to buy BONK?

Over the past couple of years, it has ascended to a significant level and is currently among the most renowned crypto entities. Using debit or credit cards is a traditional method for acquiring cryptocurrencies. Nevertheless, purchasing BONK with credit or debit cards might be challenging since the memecoin isn’t as widely recognized as top cryptos like Bitcoin or Ethereum. Still, some centralized or decentralized exchanges might offer the option to buy the token using these cards, making it worth exploring while considering adding the token to your portfolio. KuCoin offers an extensive array of trading pairs featuring nearly 700 cryptocurrencies and is committed to delivering a comprehensive platform for buying, selling, and trading digital assets.

As the token operates on Solana, any multi-chain wallet that supports Solana will effectively handle deposits, withdrawals, or swaps involving the BONK token. There are numerous options available such as Exodus, Trust Wallet, Atomic Wallet, Phantom Wallet, and more that you can utilize to securely store your BONK tokens. BONK, as described on its website, prioritizes community engagement, evident through its extensive integrations with Web3 partners, ranging from wallets to NFTs and gaming platforms. Over time, numerous cryptocurrencies with meme-inspired branding and themes started to surface, often capitalizing on internet trends and social media hype. Despite its origins, Dogecoin quickly gained traction and developed a passionate community. As such, the success of Dogecoin set a precedent for other memecoins to emerge.

Sustaining this engagement over time, according to Jacob Bury, could facilitate further scalability and a substantial price increase. During Christmas in 2022, the BONK initiative, as a project constructed on the Solana ecosystem, distributed tokens through airdrops to many of its users. It was conceived as a potential frontrunner in the Web3 space’s community coin arena. Subsequently, BONK witnessed an explosive surge in adoption, establishing itself as a fundamental element within the vibrant, community-driven Web3 ecosystem.

This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. According to statistics from Coinglass, the funding rates for SOL permanent swaps are extremely negative, indicating that traders are bearish and shorting the token’s price.

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