Ponke is a meme token built on the Solana blockchain. The token goes beyond its meme status to deliver several functions across the Solana network. PonkeSwap is a decentralised exchange that allows the user to swap tokens, stake PONKE and earn other rewards. The token has integrations across many popular exchange platforms and crypto wallets. It is also possible to book travel tickets with PONKE tokens.
PONKE is supported by a strong community of users, increasing its utility in the Solana ecosystem. Follow this guide to learn how to buy the PONKE token and avail its benefits.
How to Buy Ponke In 4 Easy Steps
These given steps organise all the information about buying PONKE tokens for you.
Step 1: Choose A Crypto Exchange Platform
A crypto exchange platform is mandatory to buy or trade any cryptocurrency. Each platform offers a different set of features, transaction fees and other technical projects. Analyse all these factors to select a platform that meets your requirements. Besides this, pay attention to available fiat currencies to find the one that suits you.
If you want to buy PONKE with INR, use CoinDCX and Zebpay. Euros can be used on Kraken and Bitvavo. Lastly, Crypto.com and Kraken can be used to buy PONKE in US Dollars. With no fiat currency, an altcoin (such as USDT and USDC) trade is also possible.
Step 2: Register On Any Of The Platform
Your next step is to register an account with the exchange platform. The platform requires you to provide personal details such as your full name, email address, phone number and more. Another important requirement is an identification document to complete the KYC process. Acceptable documents include a passport, driver’s license, Aadhar card etc. After the process has been completed, it takes a few days to set up your account for use.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
The account is now available for trading. You must begin by adding funds to your crypto account. Funds can be added with your preferred payment option. The available options differ for each platform, but some common ones are credit/debit cards, bank transfers, and UPI.
Currencies like USD, INR, and EUR are available for direct purchase on many platforms. Cryptocurrency exchange pairs are available for Tether (on MEXC, BingX), USDC (on Orca), and Solana (on Raydium, Meteora VD).
Step 4: Store The Cryptocurrency In A Wallet
Crypto wallets simplify your token management with powerful security features. To choose a wallet for your PONKE token, make a list of the wallets that support the token and compare their features, safety protocols, user reviews, and transaction fees. This will help you pick the wallet that aligns with your needs.
Some wallets that are recommended for PONKE are the Coinbase Wallet, Phantom, OKX Wallet, Solflare, and Magic Eden Wallet.
Popular Video Guides On Buying Ponke (PONKE)
Also read: How to stake Ponke?
Where To Buy Ponke (PONKE)
Bybit was founded in 2018 by Ben Zhou to advance web3 services with next-generation tools and support. It supports many products and services such as Bybit card, Bybit earn, copy trading, trading bots, crypto loans, Bybit web3 and more. The platform offers 24/7 customer support in over 190 countries. It has partnered with a few regulatory authorities to build a trustable platform.
Factsheet
Operational Since: |
2018 |
Deposit Methods: |
Credit/Debit Card Payment, P2P trading, Third party payment and fiat deposits. |
Deposit Fees: |
No charge |
Cryptos Listed: |
100+ coins |
Trading Fees: |
0.04% for Makers and 0.01% for Takers |
Fiat Currencies Supported: |
60+ fiat currencies |
Trustworthiness: |
Safe and reliable |
CoinDCX was founded in 2018 as a secure trading platform for Indian traders. It complies with AML regulations and regularly updates its safety protocols to guarantee its customers’ safety. Its services include spot trading, margin trading, passive earnings, API services, futures trading, learning blogs and more. CoinDCX maintains enterprise trading solutions as well.
Factsheet
Operational Since: |
2018 |
Deposit Methods: |
Bank transfers, UPI, Debit/Credit cards, Crypto transfers |
Deposit Fees: |
Nil on fiat deposits |
Cryptos Listed: |
500+ |
Trading Fees: |
0.03% – 0.50% (Depends upon the trading volume) |
Fiat Currencies Supported: |
INR |
Trustworthiness: |
Safe and reliable |
KuCoin was founded as a crypto exchange platform that can simplify trading for everyone around the globe. It has support for over 20 languages along with 24/7 customer support. It provides secure asset storage, account security and Proof of Reserves to protect the customers’ data and assets. Products like spot trading, margin trading, and zero-fee conversion let the users start trading with just $1.
Factsheet
Operational Since: |
2017 |
Deposit Methods: |
P2P Trading, Debit/Credit Card, Third Party Payment, Bank Transfer |
Deposit Fees: |
Free |
Cryptos Listed: |
700+ |
Trading Fees: |
0.005-0.01% depending on your tier level |
Fiat Currencies Supported: |
28+ |
Trustworthiness: |
Safe and reliable |
Frequently Asked Questions
Where Can You Buy Ponke With A Credit Or Debit Card?
Credit or debit cards are convenient payment options for most users. Many platforms provide the option to buy the PONKE token using a card directly. Use the card to fund your crypto account with your fiat currency. The money can then be used to buy PONKE directly. In case you are unable to purchase the token with your fiat currency, you may buy an altcoin instead. Altcoin exchange pairs are available on platforms like MEXC, Orca, Bybit, and Raydium. The number of tokens you obtain can vary significantly because of market rates. Study the trends using the exchange platform to ensure a potentially profitable exchange.
What Will You Need To Buy Ponke?
This list will help you collect all the essentials before your purchase.
- Exchange Platform: An exchange platform is used to study the market, choose a trading option and then complete the purchase. Each platform has distinct features which should be studied to make the right choice. Some popular platforms for PONKE are Bybit, CoinDCX, and KuCoin.
- ID Proof: ID proof is required for completing a KYC process. The KYC process is required to comply with regulations and ensure user security. An account can only be created after these documents are verified by the exchange platform. Documents like PAN card, driver’s license and passport can be used for the same.
- Debit/Credit Card: A debit/credit will assist you in your purchase of the PONKE token by funding your crypto account. Sometimes, you may not be able to purchase the token directly with a card. The alternative is to buy an altcoin (USDC, USDT) and then swap it for a PONKE token. Credit/debit cards are a valid payment option on most platforms.
- Crypto Wallets: Crypto wallets secure your cryptocurrencies by employing advanced security features. Along with token storage, wallets offer other crypto-related services such as buying, selling, staking, Web3 browsing, NFT marketplaces, and more. Whichever wallet you choose must be safe and easy to use. Phantom and Coinbase wallets are some of the wallets that are preferred for PONKE tokens.
What Is The Easiest Way To Buy Ponke?
The quickest and simplest way to purchase PONKE tokens is through a direct credit/debit card purchase. This option is available on platforms like Crypto.com and CoinDCX. Simply add the money to your crypto account using fiat currency and then, trade the money for the PONKE token at a reasonable exchange rate.
The other way is to use an altcoin exchange pair. The funds that you have added can be used to buy a cryptocurrency like Solana. Platforms like Orca and Raydium will let you trade your SOL token for PONKE tokens. Your trade can be optimised by analysing token rates on the crypto exchange platform.
Best Wallets To Store Your Ponke (PONKE)
With multiple wallet options available in the market, it can be overwhelming to pick a wallet that prioritizes safety and customer satisfaction. This is a list of crypto wallets that can be used for the PONKE token.
- Solflare: The wallet is built especially for the Solana network. You can swap tokens, explore NFTs, and access DeFi applications through the wallet. It is available on mobile devices and the Chrome browser. Solflare comes with a transaction simulation and anti-phishing technology to safeguard the users’ assets.
- Phantom: Phantom is a versatile self-custodial crypto wallet. It provides easy NFT trading and quick token swapping. With Phantom, you have access to 24/7 customer support and scam detection technology. The wallet is available as a browser extension and can also be integrated with Ledger.
- Magic Eden Wallet: Magic Eden wallet is a secure crypto wallet with a focus on NFT management. You can manage your multi-chain platform at a single location. The wallet partners with different projects in the web3 space to bring unique rewards to its users. Magic Eden wallet is available on the App Store, Google Play and Chrome.