What is BONK?

BONK coin is the first dog-themed dog-themed meme coin of the Solana ecosystem. On Christmas 2022, BONK joined Dogecoin, Shiba Inu, and others in the memecoin list through an airdrop to all the Solana community members. At the time of the community airdrop, 50% of BONK's total supply of 100 trillion coins was distributed to Solana users who contributed to the development and growth of the network in some way, including Solana Developers, Artisans, Collectors, and early contributors of the BONK project.

With over 131 Multichain, DeFi and Gaming integrations, BONK aims to build a thriving ecosystem and become a premier community coin in the Web3 world that can be used across all the dApps built on Solana.

Interestingly, Team Bonk does not control BONK's supply and direction. Instead, they have delegated 15% of its total supply to its decentralized autonomous organization, Bonk DAO. This organization is responsible for BONK's development and governance. Anyone holding BONK tokens can participate in the Bonk DAO and vote for ideas contributing to its development.

How Does BONK work?

Unlike other memecoins in the crypto space, BONK adopts a community-driven approach while establishing itself as" The Dog Coin of the People." It encourages users to participate in the development of the Solana ecosystem through its redistribution mechanism. This mechanism lets users hold and participate in the Solana Community as a portion of fees generated from network transactions is distributed among all the BONK holders. In this way, users can hold BONK coins and enjoy passive returns. Moreover, when a user purchases or trades BONK tokens on a Solana-based DEx, a fraction of this transaction fee is automatically credited to the wallet of the BONK holders.

BONK's unique multichain, gaming, and deFi integration property makes it stand out from the other memecoins. It operates on the Solana blockchain, which allows it to leverage high TPS and low fees for transfers. This efficient network structure enhances accessibility for investors and contributes to BONK's overall utility in the Solana ecosystem.

How to Buy BONK coin (BONK) in India?

There are many platforms where you can invest and Buy BONK coin (BONK) in India.

One such platform is Flitpay. To buy BONK in INR, you have to sign up for the relevant application, where you will have to enter the required details and go through a small KYC verification process.

After the KYC approval, ensure you have correctly entered your bank details. Now, through the linked bank account, deposit the amount you want to buy BONK and execute the purchase.

You can instantly convert your INR to BONK and BONK to INR and withdraw your INR through bank transfers whenever you want.

Flitpay also keeps introducing timely rewards for its users.

What to Do After I Buy BONK coins (BONK)?

BONK coins can be used to buy other cryptocurrencies after converting them to INR through crypto exchange platforms like FLITPAY. You can also hold the BONK till it reaches a high price, and then you can sell it through Flitpay's OTC order facility. Users can earn significant profits from buying it at a lower price and selling it at a higher price.

FAQs

What is BONK (BONK)?

BONK is the first dog themed memecoin of Solana ecosystem built for the people. It aims to become the biggest community coin in Web3. At the time of writing BONK boasts integrations across 8 major categories including NFT, Gaming, Exchange, Payment, Social, Wallet.

What is the BONK coin (BONK) price in India?

Check out the current INR price of BONK crypto in India on Flitpay.

Which is the best crypto app in India to buy BONK (BONK)?

The best cryptocurrency app in India to buy BONK, buy Solana or your favourite cryptocurrencies is Flitpay. Flitpay supports instant UPI and bank deposits and bank withdrawals with a minimum deposit and withdrawal limit of INR 100.

What are the benefits of the BONK (BONK)?

BONK holds a rewarding vision for Solana's community members clearly demonstrated through its surprise airdrop on the christmas of 2022.
The redistribution mechanism of BONK enables users to earn passive income by distributing a fraction of fees to all its holders. Through its multichain property it offers investors ease of accessibility and enhanced utility.

Is it safe to invest in BONK (BONK) in India?

Yes, investing and trading BONK is Safe in India. Flitpay is one of India's most secure cryptocurrency exchanges for buying BONK. It offers real-time prices and advanced investing features.