Whether you're new to crypto trading or a seasoned expert, this comprehensive guide will walk you through every feature of BonkBot—the Telegram-based trading bot for Solana tokens. Learn to trade efficiently with real-time analytics, minimal fees, and instant execution.

Step 1: Setting Up Your Solana Wallet

Before using BonkBot, you’ll need a Solana-compatible wallet like Phantom or Solflare. These wallets offer:

• Secure private key management
• Easy fund transfers
• Support for SOL and SPL tokens

👉 Compare top Solana wallets here

Pro Tip: Always store your seed phrase offline—it’s your only backup for wallet recovery.

Step 2: Funding Your Wallet With SOL

How to Deposit Solana (SOL)

1. Purchase USDC on exchanges like Coinbase or Binance.
2. Transfer USDC to your Solana wallet using the Solana network (avoid Ethereum to save on gas fees).
3. Swap USDC for SOL via decentralized exchanges like Jupiter.

Note: For cross-chain transfers, use bridges like Jupiter’s portal.

Step 3: Activating BonkBot on Telegram

1. Open Telegram and search for @bonkbot_bot.
2. Click Start or type /start to initialize your trading wallet.

You’ll receive a unique deposit address—this is where you’ll send SOL for trading capital.

Step 4: Depositing SOL to BonkBot

1. Send SOL from your wallet to the address provided by BonkBot.
2. Type /start again to refresh your balance.

Minimum Recommended Deposit: 0.1 SOL (~$15) for small trades.

Part 2: Trading With BonkBot

Step 5: Buying Tokens

1. Paste a token contract address into the Telegram chat.

2. Click Buy and select:

   • Fixed SOL amount (e.g., 0.05 SOL)
   • Percentage of wallet balance
3. Confirm—transactions execute in <2 seconds.

👉 Discover trending Solana tokens

FAQs:
Q: How do I find token addresses?
A: Use Solana explorers like Solscan or community-approved lists.

Q: What’s the fee structure?
A: 1% platform fee + DEX fees (~0.3–0.7%).

Step 6: Managing Positions

BonkBot provides real-time analytics:
| Metric | Description |
|-----------------|--------------------------------------|
| Profit/Loss | Current ROI (USD and SOL) |
| Market Cap | Token’s liquidity depth |
| 24h Change | Volatility snapshot |

Use the arrows to cycle through multiple holdings.

Step 7: Selling Tokens

1. Navigate to Sell & Manage.

2. Choose:

   • Partial Sell: Liquidate a percentage (e.g., 50%).
   • Full Exit: Close the entire position.

Transactions settle instantly as SOL.

Optimizing BonkBot Settings

Toggle these features for efficiency:

• Auto Buy: Skip confirmation for faster trades.
• Slippage: Adjust tolerance (default: 1–2%).
• Minimum Position Value: Hide low-balance tokens.

For advanced strategies, read our guide on best BonkBot configurations.

Key Takeaways

• BonkBot simplifies high-speed Solana trading via Telegram.
• Always verify token addresses to avoid scams.
• Start small—test with 0.01 SOL trades to learn the interface.

Ready to trade? 👉 Explore Solana’s top tokens now

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