👀Copy Trading

This feature allows you to mirror the trades of selected successful traders. Adjust the settings to suit your own risk management and investment strategies.

Main Menu > 👀 Copytrade

How to Start Copy Trading

Choose Your Mode

Bitfoot offers two modes for copy trading:

• Simple Copy Trade Mode

When Simple mode is enabled, all copy trades will use default settings and a common fixed amount for your trades.

• Advanced Copy Trade Mode

Advanced mode allows you to set additional parameters for the copy trade.

Setting Copy Trade in Simple Mode

1

Add Wallet

• Click on the Add Wallet button

• Name the wallet

• Enter wallet address

• You will see the wallet in the Copy Trade menu with an option to delete it from Copy Trade. If you wish to remove it, simply click on it and confirm.

2

Adjust the Amount

• Click on the Amount ETH: button

• Enter the amount in ETH you wish to copy trade with

3

Choose the Wallet You Want to Use for Copy Trading

• Click on the Select User Wallet for CopyTrade button.

A menu will appear with all your connected wallets. Click on the one you want to use for copy trading.

4

Start / Pause Your Copy Trade

• You are now ready for copy trading. You can start and stop this automation with the ON / OFF button.

5

Monitor Your Trades

• Bitfoot will send you notifications when trades occur in the wallet you are tracking along the copy trade transaction you made.

Setting Copy Trade in Advanced Mode

1

Add Wallet

• Click on the Add Wallet button

• Assign a unique name to your target wallet.

• Enter the target wallet address to copy trade.

• Toggle on Copy Buys and/or Copy Sells to copy the swaps of the target wallet

• Click Confirm Add button to create and activate the Copy Trade.

• Amount Multiplier Range for Default Range mode is configured in Copytrade > Copytrade Settings.

You can set more various settings such as amount mode (fixed or custom range), if you want to copy trade only buys or sells, front running buys and sells, MEV protection, minimum and maximum original transaction amount and maximum ETH you want to spend per transaction.

2

Choose the Wallet You Want to Use for Copy Trading

• Click on the Select User Wallet for CopyTrade button.

A menu will appear with all your connected wallets. Click on the one you want to use for copy trading.

3

Adjust Your Copytrade Settings

• Click on the Copytrade Settings button

Here you can customize more parameters for your copy trade.

These settings are explained below.

4

Start / Pause Your Copy Trade

• You are now ready for copy trading. You can start and stop this automation with the ON / OFF button.

5

Monitor Your Trades

Bitfoot will send you notifications when trades occur in the wallet you are tracking along the copy trade transaction you made.

Advanced Copy Trade Settings Explained

Mempool Enabled

• Toggles whether the bot monitors the public mempool for transactions. When enabled, the bot can access and respond to transactions before they are confirmed.

Private Sell Mempool Txs

• Enables the bot to monitor private sell transactions in the mempool, allowing it to react to them.

Private Buy Mempool Txs

• Enables the bot to monitor private buy transactions in the mempool, allowing it to react to them.

Private Sell Non Mempool Txs

• Allows the bot to monitor private sell transactions outside the public mempool, often from private relays or other sources not in the main transaction pool.

Private Buy Non Mempool Txs

• Allows the bot to monitor private buy transactions outside the public mempool, useful for tracking exclusive transactions that aren't publicly visible.

Amount Multiplier Range Min

• Sets the minimum multiplier for the amount of tokens the bot will purchase relative to its base setting. This controls the minimum scaling factor for trade size.

Amount Multiplier Range Max

• Sets the maximum multiplier for the amount of tokens the bot will purchase relative to its base setting. This controls the maximum scaling factor for trade size.

Amount Multiplier Range

• Displays the current range of multipliers applied to trade sizes, defined by Amount Multiplier Range Min and Amount Multiplier Range Max.

Max ETH Amount Spent per Tx

• Sets the maximum amount of ETH the bot can use for each transaction, capping the risk per trade.

Min Pool Liquidity ETH

• Specifies the minimum ETH liquidity required in a liquidity pool for the bot to consider making a trade. Helps avoid low-liquidity pools.

Slippage Mempool

• Sets the maximum allowable slippage for trades detected in the mempool. This controls how much price movement the bot will tolerate to ensure trade success.

Slippage Non Mempool

• Sets the maximum allowable slippage for trades that are outside the mempool. Useful for privately sourced transactions.

Regular Max Priority Fee

• Defines the maximum priority fee (or "tip") the bot will add to its gas fees for standard transactions, influencing transaction speed.

Frontrun Max Priority Fee From Tx Multiplier

• Defines the maximum priority fee multiplier specifically for frontrunning transactions, setting the gas priority for frontrunning operations.

Supported DEXs

For copy trading to work, the original trade must be routed through a supported DEX

Ethereum

• Uniswap v2/v3, Sushiswap v2, Pancakeswap v2, Shibaswap v2

Base

• Uniswap v2/v3, Sushiswap v2, Pancakeswap v2

BSC

• Uniswap v2/v3, Sushiswap v2, Pancakeswap v2/v3