1. 3Commas:
- How It Works: Automates trading strategies like DCA (Dollar-Cost Averaging) and grid trading.
Step-by-Step Setup:
- Create an Account: Go to 3Commas and sign up.
- Connect Your Wallet: Click “Add Exchange” and select Solana. Connect your Phantom Wallet using the API key.
- Set Up a DCA Bot:
- Strategy: Choose “DCA Bot” from the dashboard.
- Pair: Select the SOL/meme coin pair you want to trade.
- Settings:
- Base Order Size: Set the initial investment (e.g., 1 SOL).
- Safety Orders: Set additional buy orders at lower prices (e.g., 0.5 SOL each).
- Take Profit: Set a profit target (e.g., 10%).
- Start Bot: Click “Create Bot” to start trading.
- Set Up a Grid Bot:
- Strategy: Choose “Grid Bot” from the dashboard.
- Pair: Select the SOL/meme coin pair you want to trade.
- Settings:
- Grid Levels: Set the number of buy/sell levels (e.g., 10).
- Price Range: Define the upper and lower price limits.
- Take Profit: Set a profit target for each grid level (e.g., 2%).
- Start Bot: Click “Create Bot” to start trading.
2. Pionex:
- How It Works: Offers built-in trading bots for Solana meme coins.
Step-by-Step Setup:
- Create an Account: Go to Pionex and sign up.
- Fund Your Account: Deposit SOL into your Pionex account.
- Set Up a Leveraged Grid Bot:
- Strategy: Choose “Leveraged Grid Bot” from the dashboard.
- Pair: Select the SOL/meme coin pair you want to trade.
- Settings:
- Leverage: Set leverage (e.g., 3x).
- Grid Levels: Set the number of buy/sell levels (e.g., 10).
- Price Range: Define the upper and lower price limits.
- Take Profit: Set a profit target for each grid level (e.g., 2%).
- Start Bot: Click “Create Bot” to start trading.
- Set Up a Spot Grid Bot:
- Strategy: Choose “Spot Grid Bot” from the dashboard.
- Pair: Select the SOL/meme coin pair you want to trade.
- Settings:
- Grid Levels: Set the number of buy/sell levels (e.g., 10).
- Price Range: Define the upper and lower price limits.
- Take Profit: Set a profit target for each grid level (e.g., 2%).
- Start Bot: Click “Create Bot” to start trading.
3. BonkBot
Step-by-Step Setup:
- Join the BonkBot Telegram Group:
- Search for BonkBot on Telegram and join the official group.
- Follow the instructions provided by the bot to get started.
- Connect Your Wallet:
- Click on the “Connect Wallet” button in the Telegram bot.
- Use your Phantom Wallet to connect (ensure it’s funded with SOL).
- Set Up Sniper Filters:
- Token Launch Alerts: Enable alerts for new token launches on Solana.
- Liquidity Check: Set a minimum liquidity filter (e.g., $50k) to avoid low-liquidity scams.
- Whale Activity: Enable alerts for large buys (e.g., > 1 SOL).
- Configure Sniper Settings:
- Gas Fee Limit: Set a max gas fee (e.g., 0.01 SOL) to avoid overpaying.
- Slippage Tolerance: Set slippage to 10-15% for new coins.
- Auto-Sell: Enable auto-sell at 2x, 5x, or 10x profit targets.