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  1. TRADING with Bitfoot Bot
  2. Ethereum Trading
  3. Settings

Sniper

PreviousSettingsNextSniper Wallets

Last updated 6 months ago

The Auto Sniper feature allows users to automatically buy new tokens based on specific criteria set beforehand. This feature is ideal for capturing potential gains from newly listed tokens.

Main Menu > Settings > Sniper

Here are the settings you can adjust to optimize the Auto Sniper functionality:

First Bundle Backup Tip

  • Provides an optional tip to prioritize your transaction in the network during high congestion periods.

  • Increase the likelihood of your transaction being included in the first bundle of transactions for a new token.

Slippage

  • Controls the price variation allowed for a transaction to go through.

  • Set a percentage to account for price changes from the time the transaction is sent to the time it is executed, ensuring that trades only execute within these parameters.

Manual Buyer GWEI

  • Sets the gas price for manual buying transactions.

  • Specify the gas price in GWEI that you are willing to pay when manually initiating buy transactions to control transaction speed and cost.

Approve GWEI

  • Sets the gas price for approving tokens.

  • Define the gas price in GWEI for token approval transactions, balancing cost with the need for timely execution.

Sell GWEI

  • Determines the gas price for sell transactions.

  • Adjust the gas price in GWEI for executing sell orders, optimizing for market conditions and network congestion.

Sell Rug GWEI

  • Specifies the gas price for emergency sell orders in case of a rug pull.

  • Set a higher gas price to quickly execute sell transactions during suspected rug pulls, minimizing potential losses.

Max Buy Tax

  • Sets the maximum acceptable buy tax rate on token purchases.

  • Cap the percentage of the transaction value that can go towards buy-side taxes, preventing transactions with excessively high tax rates.

Max Sell Tax

  • Establishes the maximum sell tax rate you are willing to tolerate.

  • Limit the sell-side tax to ensure profitability, avoiding tokens with high tax penalties on sales.

Min Liquidity Value

  • Sets the minimum liquidity threshold required for a token to be considered for purchase.

  • Define the lowest acceptable liquidity value to avoid buying tokens with insufficient market depth, reducing risk.

Max Liquidity Value

  • Caps the liquidity value at which tokens are bought.

  • Set an upper limit to prevent buying into overly liquid markets where the impact of purchases is diluted.

Bundle Or Fail Enabled

  • Ensures transactions are executed only within the first bundle or not at all.

  • Activate this to require that your buy order is part of the initial transaction bundle for a new listing, reducing the risk of buying at inflated prices due to front-running.

First Bundle Backup

  • Acts as a secondary mechanism to ensure inclusion in the first bundle if the primary attempt fails.

  • Provides a fallback strategy to increase the success rate of being included in the crucial first bundle of transactions.

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