BlockchainLaunchSniper Guide (EVM)
The LaunchSniper is used to snipe a specific token on EVM-compatible chains (like Ethereum, BSC, Base) as soon as it launches or liquidity is added.
How to Use LaunchSniper
- Use
/start
to go to the main menu. - Click on 'Change Chain / DEX', and switch to your desired EVM chain.
- Fund your wallet with the native currency (e.g. ETH, BNB). You can view your wallet address via 'Wallet Info' in the main menu.
- Go into the settings menu (
/settings
) to configure the LaunchSniper. - Start the bot from the main menu by clicking 'Snipe token (LaunchSniper) (EVM)' or using the
/launch
command. You will be prompted to enter the token's contract address.
LaunchSniper Configuration
All settings are found in the /settings
menu.
LaunchSniper Settings (EVM)
- Transaction Revert Time: How long to wait (in seconds) before considering a transaction failed.
- Slippage Percentage: The maximum percentage the price can change before your transaction reverts.
- Basic Autosell Multipliers: Set the take-profit (e.g.,
2
for 2x) and stop-loss (e.g.,0.5
for -50%) multipliers. - Sell After Time Delay (Blocks): The number of blocks to wait after a buy before automatically selling.
- Trailing Stop Loss (TSL) Settings (Pro): Configure the TSL (see section on Trading Modes).
- Max Buy/Sell Fee (Trading Checker): The maximum tax percentage the bot will tolerate when buying or selling a token.
General EVM Wallet & Gas Settings
LaunchSniper uses the general EVM wallet and gas settings.
Wallet Settings (EVM)
- Show Private Key: Displays your current EVM wallet's private key.
- Generate New Wallet: Creates a new EVM wallet, overwriting the old one.
- Import Existing Wallet: Overwrites your current wallet by importing a new one via private key.
Gas Settings (EVM)
- Set Transaction Type: Choose between
Legacy
(for BSC, etc.) andEIP-1559
(for Ethereum). - Legacy TX Settings: Configure Gas Price and Gas Limit.
- EIP-1559 TX Settings: Configure Max Priority Fee, Max Base Fee, and Gas Limit.
- Pro users can also toggle auto gas price calculation.
Trading Modes Explained
LaunchSniper can use the following automatic selling strategies after a successful buy.
Manual Selling
The bot buys a token and holds it until you manually sell it using the /sell
command.
Basic Autosell
The bot sells automatically when the token's price hits either a take-profit or a stop-loss target.
Sell After Time Delay
The bot sells automatically after a fixed number of blocks have passed since the buy.
Trailing Stop Loss (TSL) (Pro Feature)
TSL is a powerful strategy that lets your profits run while protecting you from sharp price drops. It activates after a minimum profit is reached and then "trails" the peak price, selling if the price drops by a certain percentage from that peak.