- Find the Registration Link: Look for the registration link in the descriptions.
- Access the Registration Page: Click the link to go to the GMGN.ai registration page.
- Connect Your Account: Click the “Connect” button on the page. Choose:
- Using Telegram: You’ll be redirected to Telegram where you should click “Start” and then “Login Website” to complete registration.
- Using a Wallet: Connect directly via a wallet like Phantom from the GMGN website.
- Registration Confirmation: Your registration is complete once you click “Login Website” after connecting via Telegram or wallet.
How to Make a Deposit on GMGN.ai:
- Navigate to Deposit: After logging in, click the “Deposit” button.
- Select Transfer Method: Choose “Transfer Funds”.
- Get the Deposit Address: You’ll receive a Solana address for sending funds.
- Send Solana:
- Use your crypto wallet to send SOL to the address shown.
- Test with a small amount like 0.01 SOL first to ensure everything works.
- Check the address twice before sending.
- Confirm the Deposit: Once the blockchain confirms the transaction, your balance on GMGN.ai will update.
How to Buy Tokens on GMGN.ai:
- Search for the Token: Use the search bar or token’s contract address.
- Initiate Purchase:
- Click “Buy” for the token.
- Enter the amount in SOL (e.g., 0.1 SOL) and confirm.
- Adjust Transaction Parameters:
- Gas Fees: Set around $1 or higher for faster confirmation.
- Slippage: Over 10% for volatile tokens to prevent failed transactions.
How to Sell Tokens on GMGN.ai:
- Initiate Sale: Click “Sell” next to the token.
- Choose Amount to Sell: Select “100%” or specify a percentage.
- Confirm Sale: Review and confirm the transaction.
How to Use Limit Orders for Buying and Selling on GMGN.ai:
Buying with Limit Orders:
- Find the Token: Use the search functionality to locate the token you’re interested in.
- Access the Order Type:
- Instead of clicking “Buy” for an immediate transaction, look for the options “Buy Dip”
- Set Your Parameters:
- Amount to Spend: Input how much SOL or other cryptocurrency you’re willing to spend.
- Target Price: Enter the price at which you want to buy the token. This should be lower than the current market price if you’re waiting for a dip.
- Create the Order:
- Click on “Create Order” or a similar button. This sets a buy limit order where your purchase will only execute if the token’s price drops to or below your specified price.
- Monitor Your Order:
- Check your open orders in your wallet or orders section. The order will remain active until it’s filled, cancelled, or expires (right now its 72 Hours).
Selling with Limit Orders:
- Select the Token to Sell: Go to your wallet or holdings section and find the token you wish to sell.
- Choose Limit Order Selling:
- Instead of “Sell” for immediate sale, opt for “Auto sell”
- Define Your Sell Parameters:
- Amount to Sell: Decide if you’re selling all or a portion of your holdings.
- Target Price: Set the price at which you’re willing to sell. This should be higher than the current market price if you expect the price to increase.
- Place the Order:
- Confirm by selecting “Create Order”. Your sell order will now be active, waiting for the market price to meet or exceed your target.
- Track Your Order:
- Keep an eye on your orders in the relevant section of GMGN.ai. If the market price doesn’t reach your target, the order will stay open until it’s either filled, cancelled by you, or expires in 72 Hours .
Additional Details on Limit Orders:
- Order Duration: Some platforms allow you to set how long your limit order remains active. Check if GMGN.ai has options like GTC (Good ‘Til Canceled) or day orders.
- Slippage: Although less critical for limit orders since you define the price, be aware that in highly volatile markets, even a limit order might not execute if the price jumps past your set point too quickly.
- Partial Fills: Your order might be partially filled if only part of your order can be matched at your price. You’ll need to decide if you want to leave the remainder as another limit order or cancel it.
- Canceling Orders: If market conditions change or you decide to adjust your strategy, you can cancel your limit orders from the platform’s interface.
By using limit orders, you can exercise more control over the price at which you buy or sell, potentially leading to better entry and exit points in your trading strategy. However, it also means you might miss opportunities if the market moves too fast for your orders to be filled.
Gas Fees Optimization:
- Adjust gas fees based on network congestion; higher fees can ensure faster transaction processing.
Safety Tips:
- Verify Addresses: Always double-check wallet addresses before sending funds.
- Small Transactions: Test with small amounts first.
Viewing Your Wallet and Trades:
- Access Your Wallet: Click “My Wallet” for an overview.
- Review Trades: See where you’ve bought/sold tokens and check profit/loss status.
Discovering Profitable Wallets:
- Navigate to Discover: Click on the “Discover” feature.
- Browse Top Performers: Look at wallets with the best trading success.
- Analyze Trader Performance: Check win rates, recent trades, and social media links.
- Follow Traders: To get notifications on their moves and learn from their strategies.
- Do Not Copy-Trade
Additional Features on GMGN.ai:
- Token Insights: Get details on developer activity and token burns.
- Multi-Chain Support: Trade on different blockchains like Tron, Binance Smart Chain, and Blast directly from GMGN.ai, broadening your trading options.