How To Use Trojan Telegram Bot on Solana (Guide)

Trojan on Solana Telegram Bot is a tool that blends the convenience of Telegram with powerful decentralized finance (DeFi) features, making it a hit among crypto traders.

Let’s delve into what it offers and how to use it:

Trojan on Solana Features:

• Limit Orders: Automatically execute trades when the market hits specific levels, ideal for buying low or selling high on DEXes.
• Sniper Tools: Mirror successful traders and detect new token releases and liquidity on DEXes effortlessly.
• PNL Analysis: Get detailed insights to track your profits and losses, validating your trading strategies.
• Private Transactions: Conduct trades privately, shielding against vulnerabilities like Miner Extractable Value (MEV) bot attacks.
• Fail Guard Sell Feature: Test orders beforehand to prevent failed transactions, saving on gas fees and maximizing profits.
• And more!

Setting Up Trojan Bot:

1. Loading Trojan on Telegram: Access Trojan Here.
2. Account Setup: Click start and the bot will set up your Solana wallet address linked to your Telegram account, ready to be funded for transactions.
3. Top Up Your Balance: You can send funds (SOL) to that Solana address through your favorite crypto exchange (i.e Binance, ByBit, Kucoin, Gate.io, etc) or through your existing Solana wallet like Phantom.

How To Buy Crypto Using Trojan Bot

Step 1: Accessing Trojan Bot on Solana
Navigate to the main menu of Trojan Bot on Solana. Look for the “Buy” button and click on it to proceed to the purchasing interface.

Step 2: Enter the Coin Ticker or Contract Address
In the designated field, enter the ticker symbol or the contract address of the cryptocurrency you wish to purchase.

Step 3: Choose the Amount
Next, you have the option to select the amount of cryptocurrency you want to buy. You can either choose from the default buy amounts or set a custom amount according to your preferences.

Step 4: Review Swap Summary and Price Impact
Before finalizing your purchase, take a moment to review the swap summary and assess the price impact. This step ensures that you have a clear understanding of the transaction details before proceeding.

Step 5: Confirm Purchase
Once you’ve reviewed the swap summary and are satisfied with the price impact, you can proceed to buy the token by clicking on the “Buy” button.

How To Sell Crypto Using Trojan Bot

Step 1: Accessing Trojan Bot on Solana
From the main menu, locate and click on the “Sell” option to initiate the selling process.

Step 2: Selecting the Token to Sell
Once you’ve clicked on “Sell,” Trojan Bot will display a list of the tokens you currently hold. Choose the token you wish to sell by selecting the corresponding button.

Step 3: Choosing the Selling Percentage
You have the option to sell a percentage of your token balance. You can either choose from the default percentage options or enter a custom percentage according to your preferences.

Step 4: Confirming the Sale
After selecting the token and deciding on the selling percentage, proceed by clicking on the “Sell” button to initiate the transaction.

How to Place DCA Buy Orders on Trojan

Trojan Bot on Solana offers a feature called Dollar-Cost Averaging (DCA) that allows users to automate their buying strategy.

Steps to Place DCA Buy Orders:

1. Accessing DCA option:

• Click on the “Buy” option from the main menu.
• Choose the DCA option to initiate a DCA buy order.

2. Setting Parameters for DCA Order:

• Specify the amount of Solana to buy in each interval.
• Adjust the slippage and frequency of buys according to your preferences.
• Determine the duration for which you want the DCA order to run.
• Set the minimum and maximum price for the order to ensure execution within your desired price range.

3. Creating the DCA Order:

• Once all parameters are set, click on “Create Order” to finalize the DCA buy order.

How to Place Limit Buy Orders on Trojan

You also have to option to place limit buy orders, providing greater control over your trading activities.

Steps to Place Limit Buy Orders:

1. Accessing the Limit Order Menu:

• Once you’ve entered the token details, click on the “Limit” button in the menu to access the limit order menu.

2. Setting Parameters for Limit Order:

• Choose the amount of Solana to be used for the order from default options or specify a custom amount by clicking on “X”
• Select the default slippage or customize the slippage by clicking on “X Slippage.”
• Set the trigger price in dollars or percentage and specify the order expiry in S,M,H,D format.

3. Creating the Limit Order:

• After entering all the necessary parameters, proceed to create the order by clicking on “Create Order.”

How To Copy Trade On Trojan Bot

Trojan Bot on Solana introduces a powerful feature called copy trading, allowing users to replicate the trading strategies of other wallets effortlessly.

Key Steps to Copy Trading:

1. Accessing Copy Trade Feature:

• Navigate to the main menu and select “Copy Trade” to access the copy trading feature.

2. Managing Wallets:

• From the copy trade screen, manage existing wallets or add a new wallet by clicking on “New.”
• Specify a unique tag for the target wallet you want to copy and enter its wallet address.

3. Setting Up Copy Trade Setup:

• For the target wallet, specify the buy amount in Solana. This determines the amount spent for each copied trade.
• Alternatively, set the buy amount as a percentage of the target wallet’s buy amount.
• Prioritize your buys by specifying your buy gas.
• Enable the option to copy the target wallet’s sells by toggling the switch.

4. Initiating Copy Trading:

• Once all parameters are configured, click “Add” to start copy trading.
• Your wallet will now replicate buys and sells whenever the target wallet performs a swap.

Tips for Using Trojan Effectively

• Start Small: If you’re new to using Trojan, it’s best to begin with small investments. This helps you grasp how the bot works.
• Keep an Eye Out: Even though Trojan automates trades, it’s important to check in regularly. This ensures your strategies match current market conditions.
• Stay Updated: Check the latest updates and features of Trojan. This way, you can make the most of what the bot offers.
• Connect with the Community: Join Trojan’s community forums to share your experiences and learn from fellow traders.

Conclusion

Trojan stands out as a versatile tool for cryptocurrency trading, offering automated strategies and risk management features. With its integration into Telegram, it’s recommended to both beginners and experienced traders.

Remember, understanding how Trojan works and staying vigilant about security are essential for maximizing its benefits.

🙏 If you appreciate this article and wish to use the bot, please show your support by using my link (you get 10% rebate on fees): https://t.me/solana_trojanbot?start=r-luxricher

P.S. Stay tuned for more incoming Trojan on Solana tutorials!