Copy trading allows you to automate your trades by replicating transactions of more experienced traders. This feature is ideal for those who want to leverage the strategies of successful traders without actively managing every trade.

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Steps to Start Copy Trading

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Initiation

  • Click ‘New’: Begin adding a trader’s wallet.

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Identification

  • Tag the Wallet: Assign a tag for easy recognition, useful when managing multiple traders or strategies.

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Wallet Address

  • Enter Address: Input the trader’s wallet address. Ensure it’s known for legitimate trading practices and not associated with high-frequency trading bots or sniper activities.

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Copy Trade Settings

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Copy Sells

  • Activate: Replicate the sell orders of the chosen wallet, matching the proportion of their transactions.

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AutoSell Integration

  • Customize Your Strategy: Integrate AutoSell settings to automate sell orders based on your predefined profit targets and risk parameters.

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Transaction Parameters

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Trading Limits

  • Set Amounts: Define the buy and sell amounts aligned with the activities of the copied wallet.

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Priority Fees and Slippage

  • Adjust Fees and Slippage: Ensure timely trade execution and manage acceptable price variations during periods of network congestion. Higher fees may be necessary to accelerate transaction confirmation.

Exercise caution when selecting trading strategies or wallets to copy. Steer clear of wallets involved in sniping or using specialized arbitrage algorithms, which might mean that they use unethical methods or require certain features which are not currently supported.

MEV ProtectionLP Sniping