Copy Trading
Last updated
Last updated
This feature allows you to mirror the trades of selected successful traders. Adjust the settings to suit your own risk management and investment strategies.
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.
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.
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.
Enables the bot to monitor private buy transactions in the mempool, allowing it to react to them.
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.
Allows the bot to monitor private buy transactions outside the public mempool, useful for tracking exclusive transactions that aren't publicly visible.
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.
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.
Displays the current range of multipliers applied to trade sizes, defined by Amount Multiplier Range Min and Amount Multiplier Range Max.
Sets the maximum amount of ETH the bot can use for each transaction, capping the risk per trade.
Specifies the minimum ETH liquidity required in a liquidity pool for the bot to consider making a trade. Helps avoid low-liquidity pools.
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.
Sets the maximum allowable slippage for trades that are outside the mempool. Useful for privately sourced transactions.
Defines the maximum priority fee (or "tip") the bot will add to its gas fees for standard transactions, influencing transaction speed.
Defines the maximum priority fee multiplier specifically for frontrunning transactions, setting the gas priority for frontrunning operations.
