πŸ”§Trade Configuration and Settings

Familiarize yourself with the main trading interface, and then configure your preset Buy settings and Sell settings.

Feature Descriptions

Add Trading Wallets

Click the Profile Settings Cog to Add Trading Wallets

Wallet Buy trade settings

Readyswap will show you the Wallet ETH account balance and a settings cog to configure your preset Trade settings.

Token Address

Enter the Token Contract Address.

Magic Wand

If you are entering a deployed, but not yet launched token. Click the Magic Wand

Readyswap will run a live programatic search on the Smart Contract to source all possible MethodIDs in the Smart Contract, that the deployer might use to launch the contract. this could be Add Liquidity, OpenTrade, or a unique MethodID.

The MethodIDs discovered will be displayed below in the MethodID box.

Base Pair: WETH

By default WETH is selected as your base pair as you have ETH in your wallet to trade. In the dropdown you can select USDC, USDT and DAI as other options, if supported by the token and liquidity pool currency pair. Should you wish to trade a non-standard base-pair:

  • Select the Pair from the dropdown

  • Make sure you have that token in your wallet

  • Click Approve in the Sell Section to approve using it. You will get a approval transaction.

MethodID

If you are trading a token at launch and setting up pre-launch, either add by clicking the Magic Wand, or Add manually.

Buy Token Toggle On/Off

If you are attempting to buy a Token % amount you can set this here. Readyswap accepts a percentage amount expressed as a number or decimal, eg 1, or 0.5, and does not accept a real token number amount. Tokens usually have a Max Buy, for instance, 1%, or 2% of the total supply.

The Base pair value you are supplying for the trade. For instance 0.1 Eth If you are buying a specified Token amount (see above), rather than a straight base pair amount, make sure you set a sufficient value to avoid reverted/failed transactions due to low Base Pair amount. Eg don't try to buy 1% of a token supply, for 0.05 ETH at launch. It will fail. When buying Token amount, the Value is the Maximum you will pay. If you have allocated more than required, the excess funds are returned to you in the transaction.

Bribe Toggle

Toggle on/off the Miner bribe feature. Available for Token % buys only.

Bribe Max Priority

Add the Bribe bid amount. If too low, the miner will ignore the bribe and not buy the block0, and the transaction will go through as normal, without the bribe being accepted.

To enable fairness and minimize abuse of the bribe feature, there are minimum trade commitments required prelaunch to enable bribe: To utilize Bribe on a new token launch and buy

  • 0.5% supply, you must commit 0.05 ETH

  • 0.98% of token supply, you must commet 0.1 ETH

  • 1.98% of token supply, you must commit 0.2 ETH

If the value of the tokens is less than your maximum commitment, the remaining ETH funds are returned to you with your token purchase.

Bribe Position List (experimental)

If other Readyswap users are utilizing the Bribe feature you can see their bribe offered here. The highest bribe will get the best position. You can choose to adjust higher PVP-style, to get an earlier position. And of course, they can increase their bribe too.

Trade

If you are setting up a configuration to buy pre-launch click Trade will set the configuration and monitor the blockchain for the MethodID on the contract address. When the deployer calls a MethodID, the swap transaction will be sent immediately after, to give the wallet the best chance of the fastest execution.

Scanning

After you click Trade on a Pre-launch token the Scanning Symbol will be shown, indicating Readyswap is monitoring the contract for the trade methods you have entered.

Click Stop , if you want to stop blockchain monitoring, at any time.

If the token is already launched and active, click Trade will immediately send a swap transaction based on your preset configuration and your value amount.

Wallet Sell trade settings

Preconfigure your Sell trade settings under to Cog

All inv.

The amount of your base pair executed on the swap

Profit ETH

The current value of your trade in ETH

Profit %

The current profit represented as a percentage of the investment amount

Amount %

Enter the figure of the amount you wish to sell. 100%, 50% and so on.

Refresh

refresh the profit calculation

Approve

Pre-approve your token for swapping/selling.

Sell

The Sell button has a linked Approval transaction as well. If you have not pre-approved, there are two transactions sent when you click Sell, first the approval, then the swap transaction. If you have already approved the token for swap by Readyswap, only the Swap transaction is sent.

AntiMev Sell

Just like the sell button but using an AntiMev private node. A little slower in transaction time as its a public node but offers AntiMev protection.

Monitoring Multiple Tokens in one wallet

If you have multiple active tokens on one wallet and want to see the current value of a token or switch between tokens you are monitoring to sell.

  • Enter the Token Address of your already purchased token in the Token Address - buy section.

  • Enter the Investment Amount in the All Inv - in the Sell Section

  • Click the Refresh button

You will now see the current balance and profit. You can now monitor or sell as required.

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