Purchase Bone ShibaSwap (BONE) with Chilean peso (CLP) easily at Switchere and benefit from fast, secure transactions.
BONE (BONE) serves as a foundational digital asset within the expansive Shiba Inu ecosystem, primarily functioning as the governance token for ShibaSwap, its native decentralized exchange (DEX). This utility token empowers holders with voting rights in the Doggy DAO, allowing community participation in key decisions regarding protocol upgrades and treasury allocations. The tokenomics of BONE are designed to incentivize participation, with rewards distributed for staking and providing liquidity to various pools on ShibaSwap, enhancing the platform's DeFi applications and fostering a robust community-driven environment within this segment of blockchain technology.
Beyond its role in decentralized governance and liquidity provision on the Ethereum-based ShibaSwap, BONE's significance is profoundly amplified by its designation as the exclusive gas token for Shibarium. Shibarium is the Shiba Inu ecosystem's Layer-2 scaling solution, engineered to offer faster transaction speeds, reduced costs, and greater throughput by processing transactions off the main Ethereum chain. As the native token for executing smart contracts and paying for network fees on this Layer-2 network, BONE is integral to Shibarium's operational efficiency and adoption. This positions BONE as a critical component for the future development of Web3 infrastructure within the Shiba Inu ecosystem, driving utility beyond simple governance into the core of its on-chain transaction processing and decentralized network operations.
The CLP/BONE pair is a direct fiat on-ramp allowing you to purchase Bone ShibaSwap (BONE), the governance and gas token of the Shiba Inu ecosystem, using Chilean Pesos. This pair shows how many CLP are needed to buy one BONE token on a digital asset exchange, providing a gateway to participate in the ShibaSwap DEX and the Shibarium Layer-2 network.
Acquiring BONE directly with CLP provides a streamlined entry into the Shiba Inu Layer-2 ecosystem. As Shibarium's designated gas token, BONE is essential for processing blockchain transactions on that network. A direct CLP on-ramp eliminates the need for intermediate trades (e.g., CLP to USDT, then USDT to BONE), potentially reducing transaction fees and slippage, and simplifying access for staking BONE or participating in ShibaSwap governance.
When executing a CLP to BONE transaction, anticipate several potential fees. First, a deposit fee for funding your exchange account with CLP via bank transfer or other local methods. Second, a trading fee (either maker or taker) on the cryptocurrency exchange when your buy order is filled. Finally, if you move your BONE to an external digital wallet, there will be a withdrawal fee from the exchange plus the network's blockchain transaction fee (gas).
First, select a cryptocurrency exchange that lists the BONE/CLP pair and supports Chilean Peso deposits. You'll need to complete KYC/AML compliance by verifying your identity. Next, fund your account using a local Chilean payment method like a bank transfer. Finally, navigate to the trading section, place an order on the BONE/CLP order book, and once executed, consider moving your BONE to a secure digital wallet.
BONE has a dual-function utility. Firstly, it is the governance token for ShibaSwap, a decentralized exchange (DEX). Holding and staking BONE grants users voting rights on proposals that affect the platform's future. Secondly, and crucially, it serves as the native gas token for Shibarium, the Layer-2 blockchain solution for the Shiba Inu ecosystem, used to pay for transaction fees, making it integral to network operations.
After acquiring BONE via a fiat on-ramp, prioritize secure storage. While exchanges are convenient for trading, holding significant amounts requires a non-custodial digital wallet where you control the private keys. Use hardware wallets for maximum security. Always enable two-factor authentication (2FA) on your exchange account and be wary of phishing scams. For participating in ShibaSwap liquidity pools or staking, ensure you are interacting with the official, verified smart contracts.