Bitfoot Docs
Start TradingBack to WebTwitterTelegram UpdatesDownload Extension
  • 👣Welcome
    • Bitfoot Trading Bot
    • Project Roadmap
    • Referral Program
    • Become a Bitfoot Ambassador
    • Bitfoot Platform Fee
  • FAQ
  • 🚀GETTING STARTED
    • Why Use Bitfoot?
    • Quick Start Guide
  • 📈TRADING with Bitfoot Bot
    • Solana Trading
      • 👀Copy Trading
      • 💊Pump.fun Snipping
      • 🎯Auto Sniper
      • 🔄Manual Swaps
      • 📊Limit Buy
      • ⚙️Settings
        • 🎯Sniper
        • 🎯Sniper Wallets
        • 🥓Defaults
        • 🚫Banned Tokens
        • Recommendations
    • Ethereum Trading
      • 👀Copy Trading
      • 🎯Auto Sniper
      • 🔄Manual Swaps
      • 📊Limit Buy
      • ⚙️Settings
        • 🎯Sniper
        • 🎯Sniper Wallets
        • 🥓Defaults
        • 🚫Banned Tokens
        • 💡Recommendations
    • Supported Chains and DEXs
    • Additional Tools & Settings
      • 🖥️Trade Monitor
      • 💵Wallet Balances
      • 🔀Bridge
      • ⛓️Chain Settings
      • 💾Withdrawal Wallets
      • 💳Wallet Management
      • 🇬🇧Language
      • 🔒Security
    • Bitfoot Speed-Tests
    • Call Channels
  • 💻BITFOOT SPEED EXTENSION
    • About Extension
    • Installation & Guide
      • Extension Workaround
  • Supported Platforms
  • 🚨Bitfoot alpha pings
    • About Alpha Pings
    • How To Use
  • 💰$FOOT TOKEN
    • Token Presale
      • How To Buy
      • Presale Referrals
      • Bonuses
      • Influencer / KOL Opportunity
    • Token Info & Tokenomics
    • Token Utility
      • Revenue Share
      • Raffles
  • 🆘SUPPORT
    • TOS & PP
    • Error Messages
    • Contact Support
    • Media Kit
Powered by GitBook
On this page
  • Main Menu > 🎯 Auto Sniper
  • How to Set up Auto Snipe
  • Buy Functions
  • Sell Functions
  1. TRADING with Bitfoot Bot
  2. Ethereum Trading

Auto Sniper

PreviousCopy TradingNextManual Swaps

Last updated 6 months ago

The Auto Sniper feature allows you to automatically buy tokens the moment they launched, aiming to secure the lowest possible entry price.

You can configure the bot to monitor token launches and execute trades instantly, with options to set parameters like slippage, gas fees, and auto-sell conditions. This feature is ideal for capturing early profits on newly launched tokens.

Main Menu > Auto Sniper

How to Set up Auto Snipe

1

Set up Your Sniper Wallet

Go to Settings > Sniper Wallets

You will need to set up which wallets can be used for Auto Sniper before you can use this feature.

2

Click on the Auto Sniper from the main menu

3

Enter the token contract you wish to snipe

Specify the contract address of the token they intend to purchase.

4

Enter how much you want to spend in ETH

Sets the maximum amount of Ether to be used for the purchase of the token.

5

Enter bribing tip

Offers an additional fee to block builders to prioritize your transaction within the network.

6

Select the wallets you want to snipe with

Chooses which connected wallets will be used to execute the snipe orders.

7

Adjust Settings

Now your Auto Snipe is ready. You can still adjust the settings by clicking on the Config button.

Further explanation of the Config setup is given below.

8

Auto Snipe Is Ready

You can revist your pending snipes from the main menu > Pending Snipes

9

Delete Pending Snipe

You can delete pending snipes from the Pending Snipes menu.

Sniper Config Explained

Max Spend Amount

  • The maximum amount of ETH the bot is allowed to spend per transaction. This limits the amount risked on any single trade.

Auto Snipe Miner Tip

  • The amount of ETH added as a "tip" for miners to prioritize the bot's transaction when sniping a trade. Higher tips can increase transaction speed.

First Bundle or Fail Backup Miner Tip

  • A smaller tip amount for miners, used as a backup in cases where the primary transaction bundle fails. Helps ensure the transaction still goes through.

Manual Buyer Extra

  • Sets an additional GWEI amount added to the gas price for manual buys, allowing for faster transaction processing when manually buying.

Slippage

  • The percentage of price movement the bot is willing to tolerate when executing a trade. A higher slippage allowance can help ensure transaction success in volatile markets.

Approve Extra

  • Additional GWEI added to the gas price specifically for token approval transactions, ensuring approvals are processed quickly.

Sell Extra

  • Additional GWEI added to the gas price specifically for sell transactions, enabling faster transaction speeds when selling.

Sell Rug Extra

  • Extra GWEI added to the gas price for "rug pulls" or emergency sell transactions, allowing the bot to exit potentially risky trades faster.

Max Allowed Buy Tax

  • Sets the maximum allowable buy tax percentage for the bot to enter a trade. If a token has a buy tax above this threshold, the bot will avoid buying it.

Max Allowed Sell Tax

  • Sets the maximum allowable sell tax percentage for the bot to exit a trade. This prevents the bot from selling tokens with excessive sell taxes.

Min Allowed Liquidity

  • Defines the minimum liquidity requirement for a token’s pool before the bot will consider trading it. Prevents trading in low-liquidity pools that are more susceptible to price manipulation.

Max Allowed Liquidity

  • Defines the maximum liquidity level for a pool in which the bot will trade. Can be used to avoid highly liquid pools where slippage or gains might be minimal.

Sniper Wallets Setup

  • Displays the number of sniper wallets currently configured for use with the bot. Sniper wallets are specialized wallets for fast trades on newly launched tokens.

Default Wallet

  • Shows the main wallet address used by the bot for transactions, where funds and transactions are handled by default.

Default Auto Wallets

  • Displays the number of wallets set up for automatic trading (auto wallets). Auto wallets handle automated trades based on preset bot criteria.

Default Manual Wallets

  • Displays the number of wallets set up for manual trades. These wallets require manual execution rather than automated bot action.

Default First Bundle or Fail

  • Option to enable or disable "first bundle or fail" mode, which attempts to execute the transaction in the first bundle, and if it fails, does not retry.

Default First Bundle or Fail Backup (Deadblocks/MEV Launch)

  • A backup mode for "first bundle or fail" transactions in deadblocks or during MEV (Maximal Extractable Value) launches, to help ensure execution if the primary attempt fails.


Buttons & Additional Settings

  • Max Spend Amount / Auto Snipe Tip / First Bundle Backup Tip / Slippage / Manual Buyer GWEI / Approve GWEI / Sell GWEI / Sell Rug GWEI / Max Buy Tax / Max Sell Tax / Min Liquidity Value / Max Liquidity Value

    • These buttons open individual setting fields to adjust each parameter as described above.

  • Bundle or Fail Enabled

    • Enables or disables the "bundle or fail" mode for transaction processing.

  • First Bundle Backup

    • Enables or disables the backup miner tip for transactions in "first bundle or fail" mode, providing an alternative in case the main transaction fails.

Buy Functions

Buy

Execute purchase orders with set amounts of ETH as defined by you.

Config

Sets various buying parameters and thresholds.

Pre Approve

Automatically approves the token for future transactions post-purchase.

Refresh

Refresh token statistics.

Sell Functions

Sell Initials

Sells only the initially bought amount of the token.

Sell All Wallets

Executes sell orders across all connected wallets holding the token.

Transfer

Moves tokens between wallets prior to executing a sale.

Sell %

Sells a specified percentage of your token holdings.

Config

Sets various selling parameters and thresholds.

Refresh

Refresh token statistics.

Before going to Auto Sniper you can predefine criteria for sniping in the .

📈
🎯
Sniper Settings
🎯
Auto Sniper
Buy Functions
Sell Functions