What is DogeBonk and how to exchange DOBO at the best rates
DogeBonk

DogeBonk

 DOBO

Every single day, a new dog coin gets released seeking to piggyback off the success of its predecessors like DogeCoin taking advantage of the newest trending Twitter hashtag. However, DogeBonk is not the case. This newest dog crypto with enough potential to go as viral as the SHIB. Thanks to its grass-root style of advertising, this new “coin on the block” is fast gaining attention from followers across the crypto-verse. From billboards to out-of-this-world space stunts, DogeBonk has established itself as an exciting dog meme coin that has no plans of slowing down. So what exactly is DogeBonk and why is it receiving so much attention lately? Let’s find out in the next section along with naming the ways to swap DOBO at the best rate.

What is DogeBonk (DOBO)?

DogeBonk is a deflationary meme token on the Binance Smart Chain. As reiterated on its official website, the DogeBonk meme portrays the image of a “smug, simple dog with a baseball bat” conducting the “simple gesture of bonking”. DogeBonk was revived by a bunch of DeFi veterans who made simple jpeg edits of already existing memes not seen since 2016. In a short period of time, the coin has managed to amass a sizeable community through which the creators were able to raise funds for their recent “space” stunt.

Memetools

Memetools is DogeBonk’s latest platform solely for listing and finding new Meme coins. It’s comparable to sites such as CoinGecko and CoinMarketCap. The platform focuses on giving smaller, community-driven projects a Memecoin Launchpad where these coins can gain instant recognition. The listing platform is currently live and shows data pulled from the blockchain such as price, liquidity, volume, and more. To be able to list on Memetools, projects must burn $DOBO, DogeBonk’s deflationary native token.

Liquidity Pool

As reiterated earlier, DogeBonk is a BSC based token with deflationary properties. There is a 10% tax on all transactions of which 5% is distributed to DogeBonk holders while the other 5% is automatically locked in a liquidity pool. The liquidity pool is locked forever and cannot be accessed or abused by anyone. It remains in liquidity in perpetuity. All this is to ensure price stability in case whales decide to sell their tokens later.

DogeBonk vs DogeCoin: Who is the First in Space?

In one of the most creative marketing stunts seen in years, DogeBonk was recognized across all mainstream media outlets as the first meme coin in space. This comes after Tesla CEO, Elon Musk, vowed to send a satellite into space by 2022, paid entirely with DogeCoins. Elon has vowed to conduct a space mission dubbed the “DOGE-1 space mission” with Dogecoin being the first dog meme coin to be sent to space. Unfortunately, his efforts to become the first were thwarted when DogeBonk managed to launch their crypto into space.

Through the use of a stratospheric weather balloon, the team at DogeBonk managed to launch the coin to the edge of space where it floated for several hours. The balloon was fitted with a camera that was filming a banner displaying the DogeBonk “bonking” the DOGE symbol. In the background was an animated picture of Elon Musk weeping. The whole thing gained a lot of stream on Twitter with Tweeps taking a lot of humorous digs at Elon Musk through the hashtag #SorryElon.

DogeBonk Swap: How to swap DOBO at the best rate?

If you are unsure of how to swap DogeBonk or where to swap DOBO tokens, don’t worry. We know what you are thinking, “Where is the best place to buy DOBOwith crypto?” The answer is simple; Swapzone. Swapzone is the best DOBO exchange market that provides multiple exchange rate offers based on their partners. Here is a detailed explanation of how you can conduct your first successful DOBO swap on Swapzone:

  • Step 1. Head on to the official Swapzone website.
  • Step 2. Once you are on the homepage, you will see the “select pair” tab. Insert whatever cryptocurrency you wish to exchange in the “send” section along with the amount you wish to swap out.
  • Step 3. In the “get up to” section, simply select DOBO as the cryptocurrency you wish to receive.
  • Step 4. Swapzone will immediately offer you several conversion rate offers from a number of their exchange partners. You will notice that there is an option to filter out results. Take your time and figure out which offer you want.
  • Step 5. Once you’ve come across an offer that you want, simply select it and click on “exchange”. A new window will pop up requesting that you provide all the necessary details for proceeding with the swap.
  • Step 6. Once you’ve entered these details and want to continue, click on “proceed to exchange” to begin your DOBO swap.
  • Step 7. The exchange will start. It may take a little while so be patient while the process runs.
  • Step 8. The exchange partner you selected will process your transaction and you will receive DogeBonk tokens in your wallet. At this point, take a moment and rate the exchange partner.

Popular pairs to convert DogeBonk

Frequently asked questions

What is the DogeBonk exchange rate?

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An exchange rate is the rate at which one cryptocurrency can be exchanged for another through a certain crypto exchange provider. Cryptocurrency exchange rates on Swapzone reflect current prices of crypto assets and are updated every 30 seconds for you to keep track of any market changes and fluctuations to profit when buying the dip or going with the best exchange rate and the lowest exchange fees. All cryptocurrency exchange providers have their own rates, which depends on supply and demand, mining rewards, costs and so on. See what else might affect the rate in our article on prices.

There are two types of exchange rates aggregated by Swapzone – fixed rates and floating rates. To receive the exact amount of crypto that is displayed at the beginning of the exchange and shield yourself against the market's volatility, opt for fixed-rate offers. If you're ready to take a risk and receive less or more than the sum displayed, go with floating-rate offers but bear in mind that floating rates may drastically change any second. You can refresh your memory on how to get the best exchange rate here.

Where to find the lowest transaction fees?

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Crypto transaction fees may vary depending on the network (Ethereum transaction fees tend to spike during the congestion on the network), your chosen cryptocurrency, an instant exchange provider as well as its transaction processing speed and internal policy. These fees may be relatively low but it’s crucial to know they may be imposed in the first place.

If you want to exchange cryptocurrency with the lowest fees, beware of the offers with a grey-colored “Transaction fees are not included” label displayed under the exchange rate. To avoid having to pay an unexpected amount of fees during the exchange, opt for those that do not have that label. Read our articles to learn more about how to exchange cryptocurrency with the lowest fees and find out which assets have the lowest transaction fees.

What is average transaction time?

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Transactions usually take from 5 to 30 minutes to be processed, especially if you choose currencies with speedy networks. However, there are several factors that may affect and slow down the exchange process, i.e. transaction volume, blockchain capacity, network updates, cryptocurrency itself and the capacity or chosen exchange platforms.

The processing may take longer due to the large transaction volume, congestion of the network, blockchain overload and market overload, technical issues or system failures, lack of liquidity or network maintenance.

The transaction may be also stuck if you forget to add a required Extra ID, mistake networks or use the wrong wallet for a chosen crypto asset. If you worry that the exchange processing is taking too long, please, contact us at [email protected] or via our live chat on the landing page.

How to choose a cryptocurrency wallet to store DogeBonk?

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To exchange, buy, sell or trade cryptocurrency and store your crypto keys safely and securely, you need a crypto wallet. Choosing the best cryptocurrency wallet is a question of preference and need. To learn more, read our guide on how to choose the best cryptocurrency wallet for your needs.

There are several types of wallets for different crypto assets and tasks. Software wallets, or hot storage wallets, are connected to the Internet and come in many forms: Web, Desktop, Mobile or Browser Extensions. If you want to build a large crypto portfolio, you might want to look at multi currency wallets like Exodus, MetaMask, TrustWallet, Atomic or Guarda. If a coin or a token of your choice isn’t available there, you can always opt for a single-currency wallet that is usually designed by the project that launched the asset.

If you take safety and security matters seriously, go for hardware wallets, or cold storage wallets, like Ledger or Trezor, or even paper wallets. We strongly recommend you to do your research before creating a wallet: read the reviews to see what the community thinks, learn about the fees a particular wallet imposes for performing transactions, check out supported currencies and networks and see its security policy.

What is the best cryptocurrency exchange for beginners?

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There are loads of different crypto exchange services, with new platforms emerging every month. Exchange providers differ by supported currencies, liquidity providers, fees, customer support, user interface, level of privacy and anonymity and customer support, which makes it hard for beginners to understand which one to choose. To learn more about what these exchanges offer and how you can assess them, read our guide on how to choose the best exchange platform.

To navigate them through the field full of services, we conduct research and thorough analysis of the market & list both prominent and promising exchange providers, keeping in touch with their teams 24/7. We give you all the necessary data on the offers they provide as well as their brief history, KYC/AML policies, reliability and advantages, while also indicating their downsides so that you don’t have to do that yourself.

What is Swapzone?

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Swapzone is an instant non-custodial cryptocurrency exchange aggregator that helps users make an informed choice when exchanging crypto assets. To make this possible, we gather the information on the exchange providers, select the parameters for comparison, aggregate and sort available deals & give an option to make a swap through providers' APIs in the same interface with a common user flow for every exchange. Still have doubts? Here's 9 reasons why you should use Swapzone to exchange crypto.

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Learn how to exchange cryptocurrency with the lowest fees or zero fees as well as how to find the best crypto exchange rates and choose the safest cryptocurrency exchange provider.