Mastering Solana Trading with Trojan Bot: A Detailed Guide
Ever thought trading crypto could be this easy and fast. Now you can trade crypto at lightning speed using the trojan bot.
In this article, we will introduce you to a powerful bot that allows the user to experience seamless and secure transactions directly on the blockchain.
With over 300,000 users and over $6 billion in trade volume, this bot has the power to become your go to trading tool.
What is Trojan Bot and How to use it?
Trojan Bot is an advanced trading tool on the telegram platform used for fulfilling the trading needs of the users whether they are new in this sector or have a professional background in trading.
Based on its applicability in trading and real-time data, security and auto trading features, Trojan Bot is a perfect fit for actual crypto DEXs in the Solana ecosystem.The bot is operational on Telegram.
First of all, to start the actual trading, it is necessary to to know how to use Trojan Bot?
Here’s how to get started:
Install Telegram: The first thing you should do in order to get it is to download the application and install it.
Access Trojan Bot: To use the bot, one has to open it through the official Telegram link. This will take you to the home tab where you can find out more about the available options from the bot.
Initial Setup: click on the ‘Start’ button. You will get your new wallet address from the bot and then you can proceed ahead. You will get many options on this bot as shown in the image below.
Depositing Funds
After setting the bot up, the next step is to deposit funds:
Selecting a Crypto Exchange: Selecting the crypto exchange to buy SOL .
Depositing SOL into the Bot: For testing purposes you can send a small amount SOL to the bot deposit address.
Confirm the Balance: After the deposit is confirmed, you realize that your balance has been credited into the bot to start the trade.
Advanced Feature of Trojan Bot
Trojan Bot offers a variety of features that will make the trading process seamless:
DCA Trading: The bot supports Dollar cost Averaging and this is one of the bot’s key strength. Trojan bot can be programmed to buy and sell at predefined intervals or in response to price movements. You need to create a DCA order from the buy/sell menu.
Limit Orders: The bot also has limit order facility. All you have to do is key in the price at which you would wish to open or close a particular trade. The price to buy or sell is determined by the user and as soon as the condition of the loop is fulfilled, the bot will make the trade.
Copy Trading: If you give the address of trader you would like to follow, trojan bot will trade accordingly open and close position. This is quite suitable for busy and beginners as they will have a chance to make money out of the real traders’ trading strategy.
To setup a new Copy Trade:
Assign a unique name or “tag” to your target wallet, to make it easier to identify.Enter the target wallet address to copy trade.Enter the percentage of the target’s buy amount to copy trade with, or enter a specific SOL amount to always use.Toggle on Copy Sells to copy the sells of the target wallet.Click “Add” to create and activate the Copy Trade.
To manage your Copy Trade:
Click the “Active” button to “Pause” the Copy Trade.Delete a Copy Trade by clicking the “Delete” button.
Real-time Updates: Be in touch with real-time statistics and informed of the updated prices. With this feature, the necessary reaction to the changes on the market is given fast and the maximum profit is received.
Security Measures: With regards to the security, Trojan Bot enables the use of the highest security measures for the user’s investment. Your crypto balance is safe and secure and you can withdraw or transfer your funds when required.
How to Execute Trades
Trading with Trojan Bot is straightforward
Buying Tokens: To buy a token, click on the trading menu of the bot, then select ‘buy’ and then enter the contract address of the token you want to buy. This address can be accessed through the like of Dexscreener.
The transaction will not take more than 5seconds and the token will appear on your portfolio Crypto-Investments-Stocks-Exchange.
Trojan bot gives you advanced trading options like to hide or show chart previews, set up auto buy and sell and set up minimum extractable value protected buys and sells to your benefit.
Selling Tokens: The tokens can be sold when one is ready at a particular percentage or the whole volume of the tokens which have been designed. The bot also offers varying methods for selling the portfolio and thus one may be able to control the portfolio being traded.
Sniping: One of the major strengths of the bot is its speed of trading, and especially useful to ‘snipe’ new tokens that have just entered the markets, or markets with high volatility, which gives you an extra edge compared to other traders.
Pros and Cons of Trojan Bot
Pros:
Fast and easy execution of tradesInstant swap executionInbuilt Token Burning mechanism in exchange for rewards
Cons:
Reliance on telegram platformSolana exclusive
Referral Program
The bot offers a lucrative referral program for its users that allows the users to save 10% on solana fees and upto 35% commission from your referrals.
On the plus side, you can accumulate upto 5 layers of referrers from a single account, meaning you earn from your referral’s referral.
Conclusion
In conclusion, Trojan Bot on Solana is one of the best tools of enhancing one’s trading capability among traders on any platform. From the aspect of automated trading, real-time information processing, or a safe purchase and sell action, this bot is all-encompassing and can evolve to fit this merchant’s and trader’s requirements.
With the help of this guide, you will be able to start using Trojan Bot for trading and achieve great success in this constantly developing sphere of cryptocurrency.
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Solana Trading with Trojan Bot was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.