🙀Copytrade
Metabot's copytrading feature lets you mimic the trades of up to 3 wallets (10 for premium users) with high speed. Here's how it works:
Tracking the Correct Wallet: Always track the wallet receiving tokens. Avoid tracking wallets initiating transactions.
Copytrade Speed: Influenced by several factors, including how the bot interacts with mempool transactions and the transaction status of the tracked wallet.
Mempool Detection:
Sniping Launches: If the bot spots a tracked wallet targeting a yet-to-launch contract, it matches the wallet’s gas settings to buy in the same block, usually after the tracked wallet.
Trading Tradable Tokens: For transactions towards tradable contracts, Metabot adjusts its gas to either frontrun or match the tracked wallet, allowing for potentially earlier buys/sells.
Gas Settings and Limitations:
If frontrunning or matching gas exceeds your max gas price setting, the bot blocks the action to avoid excessive fees.
Frontrunning is only engaged if enabled in settings.
Post-Mined Transaction Handling:
Transactions not detected in mempool are captured post-mining. The bot then trades in the next block using your gas settings.
Settings and Adjustments:
Configure gas price, frontrun settings, and wallet tracking as per your strategy.
Adjust settings based on market conditions and your investment goals.
Metabot's copytrading modality offers a dynamic and responsive way to leverage market opportunities by following the moves of selected wallets, with considerations for speed, gas costs, and transaction timing.
Last updated