💰 Fees

Autosnipe applies 0.9% (with ref) or 1% (without ref) for each successful transaction.

Gas Tip: Gas paid to Solana for each trade (Solana's trading rules):

  • Basic gas: 0.002 SOL

  • Gas Tip (Priority & Bribery): user decides in setup.

Gas Tip Options:

Fastest transactions. Recommended for users who want the fastest buys & sells.

Note: Gas is paid to validators even when transaction fails. (Solana trading rules)

Note for small traders: 👇

Small trades, small profits or too many take profits in trades can lead to significant fund losses. Here is why:

A) Small trades are more heavily impacted by transaction fees, including:

  1. 0.9% Platform Fee on each trade.

  2. 0.002 SOL Basic Gas + Priority & Bribery Gas: Paid to Solana (Solana's Trading Rules)

B) Small capital / small profit margins / many buys & sells (take profits) can diminish returns:

  1. A $1 trade with $1 profit can be unprofitable if gas paid is more.

  2. A $100 trade with $1 profit can also be unprofitable.

  3. A $100 trade with take profits are less in profits than gas paid for all sell orders.

B) How to avoid balance reduction from trades:

  1. Use Lower Gas Setting: If speed of transaction not a factor, opt to use lower gas settings.

  2. Opt for Quality Tokens or High-Liquidity Pairs: Reduces slippage-related losses.

  3. Consolidate Trades: Execute fewer, larger trades rather than many small ones to save on total fees.

  4. Trade Larger Amounts: Reduce proportional impact of percentage-based fees.

If your wallet balance decreased/did not increase - here are the reasons:

A) You did not Profit Overall:

  1. In simple terms: buy price > sell price.

B) Small Profits & Trade Amounts

  1. PNL does not include Solana Gas on each trxn paid by user on each transaction. (Solana's Trading Rules: 0.002 sol basic + priority/jito - which is user selected)

  2. PNL does not include the Autosnipe fees paid on each trxn (0.9% of traxn amount).

  3. If you have very small trade amounts and profits, the above can be more than actual profits.

  4. You can view the trading history to check each trxn hash ( https://autosnipe.ai/trade-history/ ) for gas paid.

  5. Alternatively - you can also check solscan.io.

C) Failed Transactions due to Slippage:

  1. Open Solscan.io and under transactions, look for failed transactions.

  2. If due to slippage - consider increasing slippage to avoid paying gas for failed transactions. (solana's trading rules)

Note: Your transactions are tracked onchain on solscan.io and open for anyone to verify.

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