Hey guys im interested in buying some bonk. It is only available in solana network. Are you guys using phantom wallet and swap to get bonk? I was wondering what is the convinient way and reduced fees. Thank you.

  • EmptyReceptors@alien.topB
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    10 months ago

    Yes, phantom wallet. And I use raydium.io.

    Orca doesn’t allow people from the states. I am sure a VPN would work.

    But I just use raydium since I like to buy Ray too.

  • Numerous_Soup5658@alien.topOPB
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    10 months ago

    Thank you for responds!. Im new with this swap thing:) i have another question. Lets say bonk made 5x and i wanna sell it. Since it is not listed in any exchange only option to swap back to ethereum or solana right to get profits ?

    • Telmata@alien.topB
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      10 months ago

      Yes. Just swap back to Solana, send that to a centralised exchange and sell it.

      • Numerous_Soup5658@alien.topOPB
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        10 months ago

        Im i using coinbase so they accept only eth network. After i swap back to eth/usdc also i have to use bridge to move to eth network right? Sounds like to much work and fee’s along the way. Am I doing something wrong?

    • Heroingesicht@alien.topB
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      10 months ago

      You can also do limit sell orders on Jupiter. If you rather trade it on a cex (which I wouldn’t) then you can use mexc. Bonk is listed on mexc

  • AbleDelta@alien.topB
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    10 months ago

    If you are using Coinbase as a CEX you will need to move funds to a self custody wallet

    Firstly, swap assets (eth, btc, usdc) to Solana — the cheapest way to swap/purchase is using Advance Trade as Simple Trade has high fees

    Second, go to “Send” and select Solana. Put the address of your self custody wallet. I use Coinbase Wallet but you can also use Backpack or Phantom

    Third, once the funds are in the self custody wallet, use a decentralized exchange like Jupiter to swap Solana for Bonk

    Fourth, when you want to swap bonk for Solana, go back to Jupiter

    Fifth, to get funds back in your Coinbase account, click the receive tab in Coinbase Retail and send the Solana from your self custody wallet there

    Hope this helps

    • Lippshitz@alien.topB
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      10 months ago

      Use twitter to find the real bonk! Then click on their linktree in their bio. The discord emblem/link will be above. Then scroll through to see if there are any airdrops. I did this last night and there are none for regular people right now

  • twincrypto@alien.topB
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    10 months ago

    Use jupiter for swapping then use wallet solflare. Use swapping at jupiter then to usdc.