BlockchainLaunchSniper Module User Guide (V3)

This guide provides comprehensive information on setting up and utilizing the BlockchainLaunchSniper module within the BlockchainTokenSniper V3 Telegram bot (@btsv3bot).

Prerequisites (V3)

  • A Telegram account.
  • An EVM-compatible wallet address and its private key (never share your private key). You will configure this securely within the @btsv3bot.
  • Sufficient native currency (e.g., BNB, ETH) in your configured wallet for gas fees and the tokens you wish to snipe.
  • Subscription to an active BTS V3 tier. If you haven't subscribed, the bot will guide you through the process. See the Home page for more details on tiers.

Ensure the wallet configured in the bot is the one you intend to use for sniping and is the same wallet associated with your tier purchase if applicable.

Getting Started with BlockchainLaunchSniper (V3)

All interactions with the BlockchainLaunchSniper module occur through the @btsv3bot Telegram bot.

  1. Start/Access the Bot: Open Telegram and interact with @btsv3bot.
  2. Initial Setup: If you're a new user, the bot will guide you through the initial setup, including wallet configuration (private key input), language selection, and tier information.
  3. Navigate to LaunchSniper: Use the bot's main menu (typically accessed with /start or /menu) to find and select the "LaunchSniper" option.
  4. Configure Settings: Before starting a snipe, you'll need to configure its parameters. Access the "LaunchSniper Settings" from the bot's menu.

Configuring LaunchSniper Settings via Telegram (V3)

BTS V3 moves away from local config.json files. All settings are managed through interactive menus within the @btsv3bot. Key settings for BlockchainLaunchSniper include:

Access these settings via the Main Menu -> Settings -> LaunchSniper Settings (or similar paths, follow bot prompts). Settings are typically chain-specific.

Setting Category Common Options & Description
General Snipe Settings - Buy Amount: Amount of base currency (e.g., BNB, ETH) to use for the snipe.
- Liquidity Pair: Token to pair with (e.g., WBNB, BUSD, WETH). Select from available options for your chosen network/DEX.
- Slippage Percentage: Max price slippage tolerance (0-100%).
- Transaction Revert Time: Max duration (seconds) for buy transaction before it reverts.
Gas Settings (Chain-Specific) - Transaction Type: Legacy (Type 0) or EIP-1559 (Type 2). Bot usually defaults based on network.
- Auto Gas Calculation: Enable/disable automatic gas price/fee determination.
- If Auto Gas Disabled (Legacy):
   - Buy Gas Price (Gwei): Manual gas price for buy TX.
   - Sell Gas Price (Gwei): Manual gas price for sell TX.
- If Auto Gas Disabled (EIP-1559):
   - Buy Max Priority Fee Per Gas (Gwei): Miner tip for buy TX.
   - Buy Max Fee Per Gas (Gwei): Total max fee for buy TX.
   - Sell Max Priority Fee Per Gas (Gwei): Miner tip for sell TX.
   - Sell Max Fee Per Gas (Gwei): Total max fee for sell TX.
- Gas Limit (Buy/Sell): Max gas units for transactions.
Sniping Methods - Mempool Snipe: Buy when liquidity is added (requires fast node).
- Buy on Trade Enable: Buy when token trading is detected as enabled.
- Buy on CA Input: Buy immediately after you provide the token contract address.
- Buy at Timestamp: Schedule the buy for a specific time.
Sell Strategies - Manual Sell: Sell tokens via bot command.
- Basic Auto-Sell:
   - Stop-Loss Multiplier: Sell if price drops below X times buy price (e.g., 0.8 for -20%).
   - Take-Profit Multiplier: Sell if price rises above X times buy price (e.g., 2.0 for 2x).
- Sell After Time Delay: Sell after a set number of blocks/seconds.
- Trailing Stop-Loss:
   - Min Multiplier to Activate: TSL starts only after price reaches this multiplier.
   - Trail Amount (Multiplier): Sell if price drops by this multiplier amount from the peak (e.g., 0.2 trail on a 5x peak means sell if it drops to 4x).
   - Hardcap Multiplier: Sell immediately if price reaches this multiplier (optional).
Trading Checks & Safety - Enable Trading Checker: Perform checks (honeypot, fees) before buying.
- Max Buy Fee (%): Max acceptable buy tax.
- Max Sell Fee (%): Max acceptable sell tax.
- Anti-Bot Delay: Wait X seconds/blocks before sniping.
Node Settings (Chain-Specific) - Use Node Switching: Enable/disable automatic switching to backup nodes if primary fails.
- Custom Node URL: Provide your own RPC node URL(s) for the selected chain.
Other Settings - Enable Sells: Master toggle to enable/disable selling functionality.
- Partial Sell Percentage: Option to sell only a portion of tokens.
- Price Difference Alert Threshold: Get notified if price changes by X%.
- Keep Price Message History: Retain previous price update messages in chat.

Settings are saved per user and per chain. Always review your settings for the selected blockchain before starting a snipe. The bot will often display current settings when you initiate a snipe.

LaunchSniper Bot Interface via Telegram (V3)

Once your settings are configured for the desired chain:

  1. Navigate to the "LaunchSniper" section in the @btsv3bot main menu.
  2. Select "Start New Launch Snipe" (or similar option).
  3. The bot will typically ask for the Token Contract Address you wish to snipe.
  4. It will then confirm the active settings (buy amount, slippage, gas, snipe method, sell strategy, etc.) for the selected chain.
  5. You'll be prompted to confirm and start the snipe.

The bot will then monitor for the trigger condition based on your chosen snipe method (e.g., liquidity addition for mempool snipe, specified time for timed snipe). You will receive Telegram notifications about the progress:

  • Successful buy transaction (with details like price, amount bought, gas paid).
  • Ongoing price updates (current value, P/L multiplier).
  • Sell transaction execution (if auto-sell triggers or manual sell is initiated).
  • Any errors encountered.

You can usually manage active snipes (e.g., manual sell, view status) through the LaunchSniper menu in the bot.

Troubleshooting

  • Incorrectly configured config.json file: if you encounter issues with the config.json file, you can use a JSON formatter/validator like CuriousConcept JSON formatter. Paste the contents of your config.json file into the validator, click on Process, and it will identify any issues. Make sure you have used the correct symbols, such as double quotes (“), single quotes (‘), braces ({ }), brackets ([ ]), etc. Also, ensure that you save the config.json file with the correct encoding (ANSI).

Strategies

Although the launch sniper does not guarantee profits, if you use the right strategy you can increase your chances of making good profits. Here are some key tips for maximising profit and sniping quickly:

  • A fast computer or virtual private server (VPS).
  • A fast and reliable internet connection.
  • A private node: It is recommended to build your own node, such as a geth node, or use a reliable hosting service like Hetzner (eg. AX61-Nvme).
  • A sufficient investment amount: While you can invest any amount, investing 0.1 BNB or more (equivalent) generally yields better profits.
  • High gas fees: Higher gas fees, specifically a high gas price for buying, allow you to prioritise transactions and secure purchases at lower prices.
  • Trailing stop loss is recommended when selling to maximise profits.

How to spot / avoid scams

Crypto is unfortunately full of scams, however with some basic knowledge you can avoid the majority of them.

The most common scam is a rugpull, where after the token has been active liquidity is withdrawn, resulting in loss of funds for everyone except the scammer. There are typically two ways this can happen:

  • Removing liquidity: assuming there is no liquidity lock, the token developer sends a remove liquidity transaction, all the liquidity gets removed and all the funds end up in the scammer’s wallet.

  • Token minting: assuming there is a function in the token contract to mint (create) new tokens, the scammer will mint new tokens which goes to his address. This means that in relation to everyone else, the scammer will hold the vast majority of the total tokens available (eg. 99.99%). The scammer will sell all his newly minted tokens and he will get all or almost all of the remaining liquidity as his share of token supply is huge compared to everyone else.

Another variation is a honeypot, where tokens can be bought but not sold, effectively trapping your funds so you can’t sell. The token will then likely be rug pulled later.

To avoid scams:

  • Check if the token contract address is available in the associated Telegram (TG) channel. Look for the pinned message and make sure it comes from an admin.
  • Use a blockchain explorer (eg. etherscan.io, bscscan.com) to check if the token’s contract is verified.
  • Use tools like rugpulldetector.com to analyse the token’s code for any red flags.
  • Be cautious of tokens without locked liquidity, as they are susceptible to rugpulls.
  • It’s recommended to stay away from tokens if the contract address is unavailable before launch as people will not have enough time to audit the token and could easily fall for a scam.

Additional tools to help detect and avoid scams:

  • rugpulldetector.com
  • honeypot.is
  • app.staysafu.org/scanner
  • bscheck.eu

Please bear in mind that these checks may not be 100% accurate all the time and you should use careful judgement when choosing what token to snipe.