How to Change the Slippage on Killshot Bot

Having control over slippage when selling crypto is very important. For instance, according to FasterCapital, in index trading, if slippage causes a trade to execute at a price 0.5% worse than expected, this could result in a loss of $500 on a $100,000 trade. That’s why today, we’re going to show you how to change the slippage on Killshot bot. 

TL;DR

Set up your Killshot wallet via Telegram, then adjust slippage by sending “/settings” in the bot, selecting “Slippage Settings,” and entering your desired percentage. Proper slippage settings help minimize losses and optimize trades.

Quick Step-by-Step FlowChart

For those looking for a quick overview, here’s a step-by-step flowchart that outlines the entire process at a glance. 

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Here are the topics we’ll cover today.

• Creating a Killshot wallet
• Changing Slippage on the Killshot bot

With that said, let’s go over how to change the slippage on the Killshot bot.

Step 1: Creating a Killshot Wallet

Creating a Killshot wallet is quite simple. Here’s what you need to do.

• Start by going to Telegram Web and scan the QR code on the screen.

•  Once you’ve successfully logged in, you’ll see all of your chats.

• Start the process by visiting the “Killshot” website.

• Next, click on the “Launch Bot” button.

• You’ll be redirected to a different page. Click on the “OPEN IN WEB” button. 

• Click on the “START” button.

• And voilà, your wallet is ready.

After that, you have to buy meme coins using Killshot Bot. 

‍Step 2: Changing Slippage on the Killshot Boy

‍Once everything is ready, you can proceed to change the sell button settings. Here’s what you need to do.

• Open the Telegram app and tap on the Killshot bot.

• Enter “/settings” and press send.

• Tap on the “Slippage Settings” option.

• Now, tap on the buy or sell slippage you want to change.

• Enter the percentage you want to set the buy or sell slippage at and tap send.

• After that, you’ll notice that the slippage has been set according to your requirements.

Wrapping Up

‍Overall, managing slippage is a critical aspect of cryptocurrency trading, as it can significantly impact your profits and losses. By following this guide, you now know how to change slippage settings on the Killshot bot. This empowers you to trade with greater precision and confidence, reducing potential losses due to unexpected price fluctuations.

Remember, taking the time to configure your settings properly can save you from costly mistakes and optimize your trading strategy. Whether you're trading meme coins or other cryptocurrencies, these steps ensure you maintain better control over your trades.