How does Sniping new Uniswap listings work in UniDexBot?

UniDexBot
4 min readDec 31, 2020

--

First, get the contract address of the new Uniswap token listing, and then input it on the left hand side To field dropdown. Once token ticker is added, click on Sniper button:

Set Trade popup will open.

If you don’t want to Cycle, that is, you just want to Snipe the new token, use a setting like this:

Target volatility = 0 because you are not going to Cycle.

Max Sniper Price is the maximum price for which you want to buy the new token with regards to the From token. Here, the bot will not Snipe WSF for more than 2 USDC per WSF. If you do not want to use a max price but want to Snipe for the market price during the first few seconds, just keep it something like 99999.

Leave Count Cycles, Stop Loss and Trail Stop on both tokens blank.

Put a rather high slippage, gas price, gas limit than you use for normal trades because Sniping is like War. Recommended 10x than your usual trades.

Click on ‘Check approve’ and then approve your spend approvals on the From token. Snipe order will get created and you can view it in the Open Trades section at the bottom.

Bot will sense when the Token gets listed and liquidity added and automatically Snipe as per the variables you input above. The success rate will depend purely on the variables you put.

If you want to also Cycle after Snipe, use settings like this:

Input target volatility. This is your profit percentage.

Input Count cycles. This is how many times you want to trade back and forth.

Target volatility, Stop loss, and Trail stop will get activated only after the Snipe trade, that’s from the second trade onwards.

Otherwise, everything is as equal to how Cycles work, the following articles should help:

https://unidexbot.medium.com/how-to-place-automatic-trading-cycle-orders-using-unidexbot-6ed9fce48b4

https://unidexbot.medium.com/how-stop-loss-and-trail-stop-loss-work-on-unidexbot-cycles-974976077212

At the time of writing, the Sniping feature is available from 1 UNDB tier. We are planning to lock it for 2 UNDB tier after feedbacks and fine tuning.

UniDexBot was the first Sniper in Bitpower (BPP) TGE

BPP Contract: https://etherscan.io/token/0x52d904eff2605463c2f0b338d34abc9b7c3e3b08

Much hyped polkastarter lauched XED Snipe:

BBASE Snipe:

5 seconds snipe of $BLISS

10s Snipe on $MCP. All transactions before this had better gwei. Snipe logic is fine tuned once again — we listen to liquidity add pending transaction now — and waiting to be tested.

At this point, we have improved the Sniping logic to listen to the pending transaction of Liquidity adds and the result is showing: $10 gas fee same block snipe on $RIGEL

Happy Sniping!!

Article Credit: @BitCoinly

Features of UniDexBot

- Private Uniswap Limit Orders. No open book.
- Less gas cost. 10 times Approval setting is available. No gas required to create, edit or cancel orders.
- Funds stay in your wallet until execution.
- Automatic Percentage based buy and sell cycles. Print money automatically BRRRR!
- Charting Tools.
- Try out for just 0.1 UNDB in your wallet.
- No hidden fees or cuts from your trades.
- Stop Loss, Trail Stop.
- Windows and MAC desktop Apps.
- Adaptive UI for mobile devices.
- New listing Sniping
- Martingale Averaging (Upcoming).
- Dex Agnostic (Upcoming).
- Best supportive community.

Website: UniDexBot.com
WebApp: UniDexBot.com/app
Telegram: https://t.me/usw_bot
TG News: https://t.me/unidexbot_news
TG Trading: https://t.me/Unidexbot_price_group
Twitter: https://twitter.com/unidexbot
TG License holders chat: https://telegram.me/collablandbot?start=recLDpkx3DLZiURcr_-tpc
TG FAQ: https://t.me/UniDexBotFAQ
TG Price bot: https://t.me/UniBotUNDB
Youtube: https://www.youtube.com/channel/UCSZyTCv9Viia4x7nW8eckcQ
Medium: https://unidexbot.medium.com/
Knowledge base: Link to all medium articles: https://unidexbot.medium.com/links-of-all-medium-articles-of-unidexbot-ed801b4f5302
Coingecko: https://www.coingecko.com/en/coins/unibot-cash
Contract address: https://etherscan.io/token/0xd03B6ae96CaE26b743A6207DceE7Cbe60a425c70

Admin: @undbadmin
Strategic Advisor: @BitCoinly

Community Admins:
@JuanZiro, @muffin_mann, @omchris, @AlbertoChrylls, @BTCman2020, @Hijazi620, @BluCEL

--

--