Sniper Bot
The Sniper Bot feature is designed for users who want to be the first to buy newly launched tokens or tokens where liquidity is just added. Timing is critical in such situations, and the Sniper Bot gives users a significant edge by automating early-stage purchases.
How it works:
Monitoring Liquidity Events:
The bot is constantly scanning for new liquidity events and token launches across decentralized exchanges (such as Uniswap or PancakeSwap). It watches for when liquidity is added to a token, indicating that trading is about to start.
Instant Buy Execution:
Once the bot detects liquidity being added or trading being enabled for a token, it automatically executes a buy order on the userβs behalf.
The bot can execute the purchase within milliseconds of the event, often faster than a human can react.
Pre-Set Parameters:
Users can define how much they want to buy and set additional conditions such as:
Maximum Slippage: Control the maximum allowable price slippage for trades, protecting users from buying too high as prices spike.
Maximum Spend: Users can cap how much they are willing to spend on early purchases to mitigate risks in highly volatile launches.
Gas Fee Management:
The bot can also optimize gas fees during high-demand token launches, ensuring the trade is processed faster than competitors without overspending on transaction fees.
Benefits:
Ideal for users looking to participate in new token launches, IDOs (Initial DEX Offerings), or DeFi projects with early mover advantages.
Ensures that users can secure positions at favorable prices, as new tokens often spike in value during the first minutes of trading.
Reduces the need to manually monitor liquidity events, which can happen at any time of day or night.
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