BonkBot Setup and Trading Guide: The Ultimate Tutorial

Meme coins have been making waves on the Solana blockchain, and if you’re eyeing the next bull run but feel stuck navigating BonkBot, you’re in the right place.

This guide breaks down everything you need to set up your BonkBot, trade like a pro, and manage your funds effectively.

It might be a long read, but I’ll explain every detail so you can set up BonBot profitably and understand each setting.

Post Summary

Let’s get started!

What is BonkBot? – Solana’s Leading Trading Bot

BONKbot is a powerful trading bot for the Solana blockchain, integrated into Telegram to automate trades 24/7.

It leverages Jupiter, a DEX aggregator, to secure the best token prices and offers MEV protection for fair trade execution.

Users can easily set automated buy/sell parameters for meme coins, monitor positions, and view key metrics like profit and market cap.

BONKbot charges a 1% transaction fee and has gained traction, boasting over $6 billion in trading volume and 18,000+ daily active users, according to Dune Analytics

Let’s dive into the settings!

Setting Up BonkBot: Your Ultimate Guide

First, open BonkBot on Telegram by clicking the link and tap ‘Start’ to launch it.

You’ll see the main menu pop up—hit ‘Settings’ to start configuring your bot.

Now, let’s walk through each setting step-by-step, and I’ll show you how I set mine up.

Setting 1: General Settings

There are two settings here:

• Language: BonkBot supports English, Chinese, Spanish, and Korean. The default is English, but you can switch it anytime.
• Minimum Position Value: This sets the smallest token value in your open positions that can be displayed.

By default, it is set at 0.01 SOL, I prefer to leave mine this way but you can change it.

If you degened into a meme coin that tanked or rug pulled, this prevents BonkBot from cluttering your portfolio with worthless positions.

Setting 2: Auto Buy

This automatically buys a coin with a preset amount once you paste the contract address into BonkBot.

By default, it’s set to 0.2 SOL, but you can customize it.

Enable it if you like to degen with a specific budget, like $50 or less. If you’re unsure how much to allocate, keep Auto Buy disabled.

Setting 3 & 4: Buy| Sell Buttons Configurations

These settings let you customize the amounts for your buy and sell actions. Each configuration has left and right sections for diversity.

By default, the Buy Button is set to 1 SOL (left) and 5 SOL (right), while the Sell Button is 25% (left) and 100% (right).

I prefer setting…