Sell Bonk | Swap BONK for Bitcoin (BTC)
Convert your Bonk (BONK) to Bitcoin (BTC) quickly and securely with Xverse Swap. Non-custodial swapping with real-time market rates and no hidden fees.
How to Sell Bonk for BTC on Xverse Swap
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Step 1: Connect Your Wallets
Access Xverse Swap in your web browser and connect your Bonk wallet and your Xverse wallet. If you don’t have an Xverse wallet yet, you can download it and set it up in minutes with our simple setup process.
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Step 2: Select BONK and BTC
Select Bonk (BONK) as the asset you want to sell and Bitcoin (BTC) as the asset you want to receive.
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Step 3: Review and Confirm
Enter the amount of BONK you want to swap. Review the exchange rate, fees, and transaction details. Confirm the transaction and receive your BTC in your Xverse wallet within minutes.
Why Swap Bonk on Xverse Swap?
Fast
Complete your BONK to BTC swap in minutes. Our trusted third-party provider uses multi-marketplace aggregation to find the best routes for your transaction, ensuring optimal execution speed even during high network congestion.
Secure & Transparent
Your security is our priority. Our platform undergoes regular security audits to maintain the highest standards, and you can track all your swap transactions in real-time.
Non-Custodial
Maintain complete control of your assets. Xverse never takes custody of your BONK or BTC. Swaps are powered by trusted third-party providers, and your assets are never held by Xverse, minimizing counterparty risk compared to centralized exchanges.
Frequently Asked Questions
What is Bonk (BONK)?
Bonk (BONK) is a dog-themed memecoin launched on the Solana blockchain in December 2022. With a market cap of over $4 billion at its peak, BONK has established itself as one of the largest memecoins, behind only Dogecoin, Shiba Inu, Pepe, and, at the time of writing, Official Trump.
BONK is known for its attempts to offer more utility to its holders and multiple DeFi and gaming projects. Token holders can also participate in the token’s governance via BonkDAO, which has been earmarked to control almost 16% of the total token supply.
At the time of writing, there are more than 900,000 BONK holders on Solana, while wrapped versions of the token are also available on Ethereum and Polygon.
What Are the Tokenomics of Bonk?
BONK launched with a total supply of 100 trillion tokens, with 50% airdropped to the Solana community. This airdrop was distributed across Solana NFT projects, artists, developers, and early contributors to reward active ecosystem participants. For example, top allocations went to 22 early contributors (21%) with a three-year linear token vesting period, the same amount was allocated to 40 Solana NFT projects, while 15.8% were allocated to BonkDAO. The rest is earmarked for marketing, Solana developers, and other causes. BONK is also conducting token burns to reduce supply.
What makes BONK unique among Solana-based memecoins?
BONK stands out in the Solana memecoin landscape with its community-focused token distribution and attempts to build a diverse ecosystem where this token can be used.
The meme coin has already undertaken various initiatives to ensure it grows into a sustainable ecosystem, including launching a DEX called BonkSwap, Bonk Rewards, a yield generation staking pool, and Moonwalk, an app that gamifies fitness. These efforts underscore BONK’s commitment to creating a utility-driven and community-governed memecoin within the Solana ecosystem.
How do I sell my Bonk?
To sell your Bonk (BONK) and convert them into Bitcoin (BTC), you need to access Xverse Swap using your web browser. Then, you connect your Solana wallet, where you’re storing your BONK, and your Xverse wallet, where you’ll receive your BTC. Next, you enter the amount of BONK you want to convert to BTC and click ‘Get Quotes.’ Finally, review the transaction details and click ‘Swap.’ Remember, you’ll need some SOL to cover gas fees to process the swap. Your BONK will then be swapped into BTC within minutes, and your coins will arrive in your connected Xverse wallet.
Are there fees for swapping BONK to BTC?
While there are standard network fees for transactions on the blockchain, Xverse doesn’t add hidden markups or charges. What you see is what you get, with transparent pricing displayed before you confirm your swap.
How long does the swap process take?
Most BONK to BTC swaps settle within a few minutes. However, during times of high network congestion, it may take slightly longer. Xverse Swap provides real-time updates on your transaction status so you’re always informed about your swap progress.
Is there a minimum amount of BONK I can swap?
Yes, there is a minimum swap amount to ensure the transaction value exceeds network fees. This minimum varies based on current network conditions but is typically equivalent to around 30 dollars worth of BONK. The exact minimum will be displayed in the app before you initiate your swap.
