Copytrade Sells
In the last section, we skipped over one button in particular: the Copy Sell button. Enabling this allows your bot to sell whenever the copytrade wallet sells. This is one of the most unique functions in the bot, and it follows its own distinct set of rules and procedures, which we explain below:
When the copytrade wallet sells, you will receive a notification informing you about the transaction. The bot will then check all your wallets to find whether you own the same token the copytrade wallet was selling. If you do own the token, and Copy Sell is enabled, the bot will attempt to sell as well. If the bot recognizes that it can frontrun the copytrade wallet’s sell and Frontrun is enabled, it will also attempt to do so.
To determine the sell amount, the bot identifies the copytrade wallet’s current token balance, calculates the percentage of that balance that is being sold in the detected sell transaction, and then uses the same percentage on your wallet. For example, assume that the copytrade wallet has 100 tokens while your wallet has 80. If the copytrade wallet attempts to sell 50 tokens, which is 50% of its balance, the bot will try to sell 40 of your tokens, which is again 50% of your balance. This allows you to accurately follow the copytrade wallet without compromising your position.
With that explanation out of the way, it’s worth pointing out that:
This feature can also activate for tokens that you have not bought through copytrade. This should already be evident from the explanation given above, since the bot simply evaluates whether you own the token being sold by the copytrade wallet or not, and then behaves accordingly.
Copy Sell can be enabled in parallel to Auto Sell which triggers based on sell limits that you set.
Final remarks and tips:
Base users can copytrade 3 wallets, while ⭐️ Premium users can copytrade up to 10 wallets.
You can override your global gas price/delta and slippage settings using the gas and slippage buttons found in every separate Copytrade Wallet Setting.
Copy Sell allows the bot to automatically sell whenever the copytrade wallet is selling, but you can still use your own Auto Sell settings in parallel.
We’ve implemented multiple screening methodologies to ensure that no malicious transactions can fool our copytrading mechanisms. The bot’s smart algorithms can detect transactions that aim to trap copytraders, like airdrops and swaps with obfuscated sources, and it will filter them out to ensure the safety and peace of mind of our users.
The bot filters out transactions on stables (like purchasing USDC and USDT for example), so you won't get notified about these uninteresting transactions.
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