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  1. TRADING with Bitfoot Bot
  2. Solana 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:

Max Amount

  • Adjust the maximum amount of SOL to use in a snipe transaction. This setting controls the upper limit of how much the bot will spend in a single trade.

Auto Snipe Priority Fee

  • Set or modify any additional priority fee that will be applied automatically during sniping transactions.

Slippage

  • Configure the slippage tolerance here. Slippage represents the maximum price deviation you are willing to accept for a transaction due to market volatility.

Max Transfer Tax

  • Set the maximum transfer tax allowed on a transaction. This protects you from high fees or taxes that certain tokens may impose on transfers.

Min Liquidity Value

  • Set the minimum liquidity value required for the bot to engage in a trade. If liquidity is below this threshold, transactions will not occur, helping to avoid issues with low-liquidity tokens.

Max Liquidity Value

  • Set the maximum liquidity value. The bot will avoid trading if the liquidity exceeds this threshold, which can prevent engaging in trades on overly liquid (or potentially volatile) assets if this aligns with your strategy.

Back

  • Return to the previous menu.

Close

  • Close the settings menu and save any adjusted settings before exiting.

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