Below is a list of common errors you may run into while using the Unidexbot. Some errors are specific to Unidexbot and in most cases a result of user error, while others originate from the actual Uniswap protocol and therefore are outside Unidexbot’s control.
One thing that is important to note when using the app, is that Unidexbot runs on top of Uniswap, which uses an automated market maker protocol. This type of market creates a competitive environment that gives more power to the user, however, this also may result in failed transactions especially on highly volatile coins with low liquidity. These failures can be due to many things, however, a good guess would be that they are generally related to slippage and/or gas settings.
A good thing to keep in mind if you have ever traded a highly volatile coin directly on Unsiwap, is the number of failed transactions you received while trying to get your order in at a specific price. Depending on how volatile/competitive the market around that coin was you might have been lucky to get 20% of your attempts through on that particular token set.
That being said, here is a list of some of the common errors you may run into while using the UniDexBot, along with reasons and solutions.
Article Credit: @Hijazi620, @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 (Upcoming).
- Martingale Averaging (Upcoming).
- New listing Sniping (Upcoming).
- Adaptive UI for mobile devices (Upcoming).
- Dex Agnostic (Upcoming).
- Best supportive community.
TG News: https://t.me/unidexbot_news
TG Trading: https://t.me/Unidexbot_price_group
TG License holders chat: https://telegram.me/collablandbot?start=recLDpkx3DLZiURcr_-tpc
TG FAQ: https://t.me/UniDexBotFAQ
TG Price bot: https://t.me/UniBotUNDB
Knowledge base: Link to all medium articles: https://unidexbot.medium.com/links-of-all-medium-articles-of-unidexbot-ed801b4f5302
Contract address: https://etherscan.io/token/0xd03B6ae96CaE26b743A6207DceE7Cbe60a425c70
Strategic Advisor: @BitCoinly
@JuanZiro, @muffin_mann, @ChainLinkTCO, @HelpICantBreathee, @JayrX, @Hijazi620, @BluCEL