Sniper
Last updated
Last updated
Dash Botโs Sniper takes your trading to the next level. Whether itโs instantly grabbing tokens at launch or setting up sniper orders for new tokens being deployed on-chain, this feature ensures youโre always ahead of the crowd. With precision and lightning speed, youโll secure the best positions before anyone else.
To snipe, you can directly paste the contract address of a token that has been deployed and catches your interest. For the sniping feature to work, ensure that the pair is not yet tradable.
Please note that sniping without proper information may expose you to the risk of losing your investment. Dash.
Once you pasted the CA, the bot will ask you the amount of ETH you want to spend on this token.
With Dash, you can set a maximum token price to avoid overpaying if you have a specific entry in mind. This step is optional, so you can skip it if needed.
You can set a maximum market cap to avoid overvalued tokens. Be sure to enter the market cap in USD.
Leave empty or skip if you don't want any limit.
You can define the number of blocks that should pass after a token becomes tradable before your sniping order activates.
For example, if you set it to 3 blocks, the bot will wait for 3 blocks after trading is enabled before attempting to snipe the token. This feature helps avoid highly volatile price movements or unfair launches during the initial blocks of trading.
Set the slippage tolerance percentage.
Note that a higher slippage means you're willing to accept greater price variations to ensure your trade is executed, but it also increases the risk of paying significantly more if the price moves quickly. Conversely, a lower slippage minimizes price impact but may result in your order failing if the market moves beyond your set tolerance.
You can adjust the gas price you're willing to pay for a transaction in order to prioritize it over others.
By increasing the gas price by a certain amount of gwei (a small unit of Ether), you can incentivize miners or validators to process your transaction faster, reducing the likelihood of delays or failures in high-traffic periods.
The higher the gas price, the more likely your transaction will be executed quickly, but it will also cost you more.
Example: If you enter "10," it means you're paying an additional 10 gwei above the base gas price.