What is BONFIRE
Binance Smart Chain is a type of blockchain that provides unique characteristics, one being its yield generating properties due to being contract based. The Bonfire platform has been built to help others succeed in this market by revolutionising the way they do things The project is based on an RFI tokenomic model that takes a 5% fee on every transaction and proportionally distributes it as a reward to all holders of the Bonfire tokens. There is also a 5% fee that goes into the liquidity pool as extra security.
In support of a long-term goal, the project’s deliverables involve launching a decentralised social media platform that showcases NFT sales and sharing, as well as UI/UX on whatever other future projects are yet to be announced.
Bonfire is able to generate a strong following with its unique community features. Giveaways, competitions & charity donations are great ways to help grow this community.
Bonfire seeks to stand apart from the crowd of casual-friendly cryptocurrency options, provide more stable returns with an abundance of multi-faceted uses. Our experienced team of developers are trained in highly technical fields that complement marketing & social engagement efforts.
Bonfire is a social media network that relies on crypto to bring people together. It has an eco-system of decentralized apps where its deflationary token drives value far into the future.
Where and How to Buy BONFIRE (BONFIRE)
- Sign up to an exchange
- Fund it with cryptocurrency
- Trade your crypto for BONFIRE
Sign up to an Exchange
We recommend Binance? This for a number of reasons.
Binance is a cryptocurrency exchange that offers low fees and high security. It offers a variety of coins that can be traded for different types of cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Binance also provides an API which can be used to create trading bots or back-end systems. Binance has been known to have a large number of coins and a variety of different services. The platform is both easy to navigate and user-friendly.
Binance has been known to have a large number of coins and a variety of different services. The platform is both easy to navigate and user-friendly.
Binance is a cryptocurrency exchange that has been around since 2014. It is one of the most popular exchanges in existence and a leading platform for trading ERC-20 tokens. This newly released exchange is a home to a variety of cryptocurrencies and allows you to trade with some of the largest cryptocurrency assets in the world.
Binance is a cryptocurrency exchange platform that allows people to trade cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and more. The company was founded in China but later moved to Malta. Binance offers traders the opportunity to earn generous referral bonuses.
Binance is a blockchain-based cryptocurrency exchange with a focus on providing advanced security, infrastructure, and trading features for digital currency traders.
Binance is a popular cryptocurrency exchange that allows users to trade in a variety of altcoins. It’s easy to sign up and start trading, and the company has been around since 2013.
Fund your Binance account
Now you need to transfer BTC in order to trade BONFIRE with it.
It’s really easy to buy BTC with your debit card on binance.
You can transfer your funds from your bank account or use our other options to make the process easier for you.
You can also setup recurring orders! which is another great option for Binance which other platforms don’t offer. In order to make it easier for customers to set up recurring orders on Binance, the company released an official guideline which makes it clear.
Trade your BTC for BONFIRE
We now need to get into our trading section of the guide.
One you have found the correct pair on the market, you just need to click on it and the choose the amount of BTC you want to use.
You also have the option to send your coin to pancake swap, but buying crypto on Binance first is the best option.
Is BONFIRE a good investment?
Yes we believe it is, it has a really unique idea in the crypto market and will be a good bet to grow.
Bonfire gives its users a wide range of utility and incentivizes long-term token holding through passive rewards and their fair & just token distribution.
Bonfire will be releasing “Bonfire holders” who will receive perks and rewards on the Bonfire platform based on how many tokens they hold. There will also be a referral system that provides additional bonuses for network growth.
Bonfire is a decentralized social network that provides an alternative to the existing social media platforms. It is built on Ethereum and uses tokenization of user content, micropayments, and self-regulation to achieve an open environment.
Bonfire is an asset that people use to hold, discourage the use of bots that execute trades on the market, and reward all traders associated with Bonfire. Trading into or out of this particular asset includes a 10% tax.
Of this 10%, 5% is added to liquidity and the other 5% is redistributed to holders proportion to how much Bonfire they hold.
As part of the frictionless token redistribution process, a large number of tokens get added to the burn wallet with every transaction and not in circulation. This makes it more difficult for whales and trading bots to game the system.
Bonfire, a cryptocurrency project, seeks to offer true utility in an inherently deflationary asset. They are developing an ecosystem of decentralized applications that rewards users specifically for holding Bonfire tokens.
For example, the Firestarter ICO Launchpad will give users early access to ICO listings proportional to how much Bonfire they hold, allowing holders with more Bonfire to receive cheaper prices on ICOs. This helps prevent scams and empty promises while promoting trust and transparency across the board.