As the world moves toward a crypto-dominated future there is an increase in the popularity of cryptocurrencies, as well as NFTs. These bots have transcended from mainly token sniping to becoming prevalent in the NFT space with many using sniping bots during hyped mints that are highly competitive. With all eyes on the space comes an increase in competition for auctions, mints, purchases, etc. This makes it harder to manually acquire assets whether it be an NFT or Tokens.
What if I told you there is a solution? Crypto Sniping Bots
So, what are Crypto Sniping Bots?
Crypto Sniping Bots are a useful tool to help optimize processes that comes with trading, purchasing, and auctioning. These bots function as an automated mechanism designed to efficiently conduct trades, make purchases, and participate in auctions, giving the user a competitive advantage over manual users who are all competing for the same thing. It makes for a very fast and simplified buying experience.
The bot allows users to purchase tokens that have recently been added or mint NFT tokens within seconds.
That’s great and all, but how exactly do Crypto Sniping Bots work?
The Technical Stuff (put simply)
Sniping Bots are somewhat straightforward to use although for new users it can be confusing, typically, sniping bots go through Four processes:
- The Sniping bot will connect to a Blockchain network.
- A Scan is then conducted to search for any pending transactions.
- The Sniping Bot will then locate pending transactions, soon after it matches liquidity and adds the token previously selected for sniping.
- The Sniping Bot places the buy order and the transaction is completed.
It’s important to utilize a sniping bot that is not only useful but competent, if the bot is slow then you could overall be compromising long-term profits.
Different sniping bots have different blockchain, software, and hardware requirements, they are also all accessible for a fee. Let’s take a look at some of the sniping bots on offer.
Types of Sniping Bots on the Blockchain
There are a whole host of sniping bots offered on various Blockchains, from Avalanche to Solana, etc etc. Some of the most popular include:
- PancakeSwap Sniping Bot (Front Running Bot)
- Uniswap Sniper Bot
Who are Defi Trading Coders?
DeFi Trading Coders are coders and developers working on creating sniping bots for automated trading purposes on any Blockchain. DeFi Trading Coders offer simple and fast sniping bots across several Blockchains including Polygon, Avalanche, and Ethereum. They offer a user-friendly interface, 24/7 contact support if the need arises, and automatic token approval amongst other useful tools and features
DeFi Trading Coders are partnered with several Token Scanners including Token Alert which notifies people about any new potentially profitable tokens, this is very convenient for users to have all in one place.