How to Buy Bonfire (BONFIRE) Crypto on Trust Wallet – 2023

How to Buy Bonfire (BONFIRE) Crypto on Trust Wallet – 2023

A complete guide for beginners how to purchase BONFIRE tokens via Trust Wallet.

In this article, we will talk about how to buy Bonfire (BONFIRE) using Trust Wallet. This is a complete guide for anyone who is interested in learning more about buying crypto. Let’s get started!

How to Buy Bonfire Crypto on Trust Wallet with a Credit Card?

If you want to buy Bonfire tokens with a credit card, you should follow these instructions:

Step 1.  Install Trust Wallet mobile app and create an account.

Step 2. You need Binance Smart Chain tokens to buy Bonfire on your balance. Click on ‘Buy’, type ‘binance smart chain’ and select BNB tokens.

Step 3. Type the amount of BNB you want to buy. For the time of publishing, you need less than 1 BNB to buy 1 Bonfire token. But remember you will have to pay the network fee, so buy a bit more in advance. For credit card purchases, you will be required to enter your billing address and your payment information, as well as your CVV code.

Step 4. Go to Trust Wallet main screen and find a Bonfire token (BONFIRE). To find it in the list go to https://bscscan.com/ and search for a token contract address. Or copy it from here 0x5e90253fbae4dab78aa351f4e6fed08a64ab5590.

bonfire token contract address bscscan

Step 5. Insert the Bonfire contract address in the Trust wallet search field. You will see the Bonfire token. Turn on the switch, and you will see the Bonfire token at your main app screen.

bonfire token trust wallet screenshot

Step 6. Enable dApp browser in the app settings.

Step 7. Go to DApps tab and find PancakeSwap.

how to find pancake swap in trust wallet

Step 8. Connect your Trust wallet account to PancakeSwap by the app request. You will enter the exchange.

pancake swap trust wallet

Step 9. Click on the ‘Select a currency’ and paste the Bonfire token address once more. You will see the BONFIRE token. Click on ‘Add’, and then click on ‘Bonfire’.

bonfire token trust wallet

Step 10. Type the amount of Bonfire tokens you want to purchase.

where to buy bonfire token

Step 11. Check the fees amount and click on ‘Confirm’. Wait for a few minutes to transaction to be done. Congratulations!

Watch a full video guide:

What Is the Bonfire Token and What Does It Do?

Bonfire is a token that was created by a team of content writers. They were frustrated with the current state of the industry and they wanted to create a better ecosystem for content creators.

The Bonfire Token is an BEP-20 token that provides a new paradigm for content creation and distribution. It allows content creators to be rewarded for their work, no matter what platform they are publishing on.

List of Exchanges That Currently List Bonfire Tokens

You can purchase BonFire crypto from anywhere in the world using the Trust Wallet and PancakeSwap DEX.

Will Bonfire Be Listed on Coinbase?

For the time publishing, Bonfire is not available for trading on Coinbase because it is not listed there. Some of the factors that have contributed to the issue with the platform include the lack of Bonfire community backing and the opaque nature of the project. Wait for updates on this topic with Cropty.com.

Is Bonfire Token a Good Investment?

The goal of Bonfire is to provide a simple and efficient way for content creators to earn money from their work. It aims to make sure that they are rewarded for their efforts, and it has partnered with YouTube to allow users to earn money from ads on the platform. Since it sounds very attractive, Bonfire hasn’t had any utility: the project hasn’t released the app as it planned to do.

Bonfire has an interesting story. Just one day after being listed on CoinMarketCap, it had already risen to the top 10. The reason for its success was mainly due to its social following and passionate community that supported the project. There are totally 320,961 Bonfire token holders, according to BscScan website. More than 80% of the tokens are in the hands of the top 100 holders.

bonfire top 100 token holders
Source: BscScan

As time went on, Bonfire’s price plummeted. The demand for the token doesn’t seem to increase despite there being a manual burn which has seen the team destroy nearly half of the initial supply of 1 quadrillion tokens in total. Due to all this Bonfire crypto has a pretty low chance of survival looking at the challenges that it is facing nowadays. Its price is predicted to reach only $0.000000015 in 2023 and $0.00000017 in 2030.

Summary

You can buy Bonfire token via Trust Wallet following instructions in this article. However, Bonfire token seems not a good investment due to its vague current and future status. You can also use Trust Wallet to buy other cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP) and more.

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