MC Mong XYZ
@mcmongx
[DEX MASTERY SERIES] - Part 2: What is trading/sniping BOT? What do we use BOT for? 🧵 1/ 🤖 BOT - it is an automated machine that executes pre-set commands, with basic buy and sell functions. Specialized BOTs can be used for sniping, copy trading, farming airdrops, etc.
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MC Mong XYZ
@mcmongx
4/ 👉🏻 Trading on DEX like @RaydiumProtocol, a typical transaction (with Average Trading Volume) takes about 10 seconds to complete, not including transaction approval time. 👉🏻 Issues such as gas and slippage, etc., may cause delays for a few extra minutes, especially when using unreliable wallets like C98.
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