About BONKbot

Summary: BONKbot is a Telegram-based trading bot on Solana, offering fast and convenient token trading services.

1: What is BONKbot

  • Background: BONKbot is the only official partner of the $BONK community
  • Main function: Allows users to quickly trade Solana tokens in Telegram
  • Transaction fee: 1%

2: BONKbot Features

  • Quick Buy: Users can paste token addresses directly in Telegram to make purchases
  • Quick Sell: Offers 25%, 100%, or custom percentage sell options
  • MEV Protection: Provides "Secure" and "Turbo" modes
  • Slippage Settings: Users can customize slippage
  • Wallet Management: Supports SOL withdrawal and private key export
  • Token Management: Automatically hides token positions below a threshold

Usage:

  • Buy: Paste token address to BONKbot
  • Sell: Use /start or /home command, select "Sell & Manage"
  • Settings: Use /start or /home command, select "Settings"

Notes:

  • Ensure sufficient SOL (at least 0.005 SOL) in BONKbot wallet for transactions
  • Increase slippage for high volatility token trades

3: Security

  • Uses private key encryption to protect user assets
  • Offers MEV protection, but users need to balance between transaction speed and price risk
  • Currently does not support importing user's own wallets, one BONKbot wallet address per Telegram account

4: FAQ

Q1: How do I withdraw SOL from my BONKbot wallet?

  • Use /start or /home command, click "Wallet", then choose "Withdraw all SOL" or "Withdraw X SOL", follow the instructions.

Q2: How do I export my BONKbot private key?

  • First set up a Phantom or Solflare wallet, then in Telegram use /start or /home command, click "Wallet", select "Export Private Key", confirm and copy the private key.

Q3: Does BONKbot support multiple wallets?

  • Currently no. It's one wallet address per Telegram account. For multiple wallets, create multiple Telegram accounts.

Q4: How do I change slippage settings?

  • Use /start or /home command, click "Settings", find "SLIPPAGE CONFIG" at the bottom of the menu to adjust.

Q5: Why is there a big difference between my profit and net profit?

  • Net profit reflects actual earnings after deducting gas fees, transaction fees, DEX fees, BONKbot fees, and price impact. Large holdings can cause significant price impact.

Q6: What is the BONKbot fee and how is it distributed?

  • The fee is 1%, used to buyback $BONK. Distribution: 10% to burn BONK, 10% to Bonk labs, 10% to Bonk DAO, 10% for community contribution, 30% to the dev team, 30% for referrals.

Q7: Does BONKbot support Token2022 standard coins?

  • Yes, but these coins must be listed on Jupiter Aggregator first. BONKbot does not buy from Fluxbeam.

Q8: How to handle tokens that have been rug pulled?

  • You can burn these tokens using the Sol Incinerator service. Be cautious as burning is irreversible.

Q9: Does BONKbot have take profit, stop loss, or auto-sell features?

  • Currently no, but these features are in development.

Q10: How can I check new Solana token pools?

  • BONKbot team provides a Telegram channel: https://t.me/BONKbotNewTokenAlerts

5: User Precautions

  • Understand BONKbot's features and limitations before trading
  • Maintain sufficient SOL balance for transaction fees
  • Be cautious with slippage settings, especially when trading high volatility tokens
  • Regularly check and manage active token positions
  • Protect private key security, never share with others
  • Understand the differences in MEV protection modes, choose appropriate mode based on trading needs
  • Be aware of potential rug pull risks, especially when trading new tokens
  • Use official channels and referral links to support favorite DAOs
  • Stay updated with BONKbot's updates and new feature announcements