Instant Buy & Sell
Last updated
Last updated
Instant Buy/Instant Sell
This is where you have full control over your trading experience on Autosnipe. For Buying and Selling, you'll have control over:
1) Slippage:
Slippage, defined as a percentage, represents the acceptable gap between the expected price and the actual execution price of an order during a volatile market. A higher slippage percentage indicates a greater tolerance for the difference between the buying and selling price of your token to ensure the order is executed.
The amount of tokens that are more/less made in a trade, due to price volatility. Here is an example to understand it better:
You wanted to buy $ABC token at $1000.00 and place an order, but the order is placed at a higher price of $1050.00.
This is an example of negative slippage as you have bought $ABC at a higher price - effectively decreasing your purchasing power.
Conversely, if you bought $ABC at $950.00 instead, it is a positive slippage - and it increases your purchasing power.
2) Priority Fee:
The additional fee to have your transaction completed faster. It's like a tip because it is like an economic incentive for miners to confirm your transaction before others.
3) Smart-Mev Protection:
Protect your trades from getting sandwiched or MEVβed & save on transaction fees incase transaction fails.
4) Quick Buy Customization:
Customize your quick buy settings with preset amounts and take advantage of quick trades.