Bot Tutorial: Trading
How to trade using the Soltrader Telegram bot
Last updated
How to trade using the Soltrader Telegram bot
Last updated
For a full audiovisual tutorial on how to trade with our bot, please refer to our official Youtube channel: . To get started with the Soltrader Telegram bot navigate to: After pressing 'start' users view the main menu of the bot, which should look like the below, and in which users can find the official links of our platform and get started with the options. Before being able to trade, one has to create or import a Solana wallet. Simply press the 'Wallet' option in the main menu to get started. From the wallet menu, either follow the steps to import an existing wallet, or create a new fresh wallet to get started with the Soltrader bot. Once you have a wallet imported or created, your wallet menu should look like the below. From this menu, you can delete your wallet, update your balance or transfer tokens to another wallet. The options and ways to transfer SOL or other tokens are highlighted in the chapter 'Bot Tutorial: Transferring'. The most important aspect of the Soltrader bot is trading on the Solana chain using a simple and easy-to-use all-in-one trading bot. Now that your wallet is set up in the bot, navigate back to the Main Menu by using the '/start' prompt. Once in the Main Menu, simply press the 'Buy & Sell' button to start the Trading bot. When prompted with above messages, simply enter the token address you want to buy in the chat, after which you are presented with below main Trading menu. For example, if you enter the contract address for BLOB, you are presented with the below menu. In this menu, you can buy and sell the token by using one of the pre-set amount buttons or selecting a custom amount using the 'Buy X SOL' button. Once bought, the token will show in your wallet Menu as well, from which you can easily buy and sell the tokens you own. Alternatively, to sell a token, simply follow the above steps again - if you own the specified tokens, they will show up in this menu. Once you have followed the steps above, the bot will quickly and reliably buy the token on the Solana chain, using the slippage settings you set in the Wallet menu. To change these slippage settings, simply navigate back to the Wallet menu and click on 'Slippage'. For a more visual tutorial on how to trade and transfer with our bot, please refer to our official Youtube channel: .
