Copytrade
This Copytrade feature allows you to replicate the buys and sells of tracked wallets at lightning-fast speeds. Available on multiple blockchains including Ethereum, BSC, Arbitrum, Base, Linea, and Solana, it lets you track up to 3 wallets (or 10 wallets for Premium users) for seamless trading.
How it Works:
Tracking the Right Wallet: Always follow the wallet receiving the tokens, not the one initiating the transaction. The wallet that receives the tokens is the key to identifying profitable trades.
Copytrade Speed: The bot’s speed is influenced by the network and specific situation. Here’s how it adapts:
Transaction Detection in the Mempool (Ethereum/BSC):
If the bot detects a transaction in the mempool before it is mined, it can:
Sniping a Launch: If the tracked wallet is buying tokens from a contract that’s yet to launch, the bot will match its gas settings to avoid frontrunning, buying the token in the same block, but likely after the tracked wallet.
Trading a Token: If the wallet is trading an existing token, the bot can either frontrun or match the tracked wallet’s gas settings, allowing you to buy or sell before the wallet (if Frontrun is enabled).
If the required gas price exceeds your set Max Gas Price, the bot will prevent the transaction to save you from high fees.
Post-Mined Transaction Detection (Arbitrum, Base, Linea, Solana): For these chains, the bot will detect transactions after they’re mined and will execute your buy/sell in the next block, following the same gas settings as the tracked wallet.
This feature maximizes your chances of securing profitable trades by leveraging the actions of experienced traders, all while keeping your transactions efficient and cost-effective.
Last updated