3️⃣How to Use the Bot
Last updated
Last updated
Accessibility and ease-of-use are one of the most important aspects of our platform and development in general. As such, using the Copybot Telegram bot is easy and straightforward. That being said, below is a clear step-by-step guide on how to use the bot. A video version of this tutorial was uploaded on Twitter: https://x.com/copyboteth2/status/1708444605337735262?s=20
Getting Started To get started with the bot, navigate to the only official telegram bot: t.me/copyboteth_bot. Upon entering the bot, select the 'Start' button to start using the bot. Once pressed, you enter the main menu, which has 4 key functionalities, that are all detailed in the paragraphs below. Whenever you want to navigate back to the main menu, just select 'back', or simply type /start.
Wallet In the 'Wallet Menu' you can make a special Copybot wallet to use in the platform, fund this wallet and receive and send tokens. Once a new wallet is set up, you can see your wallet address and private key to open it externally and fund it with ETH. Note that the initial wallet message auto-deletes after some seconds for security. The private keys are inaccessible to the developers.
In the Wallet menu, you can view your tokens and send or sell these tokens. Moreover, you can create a new wallet. However, it is very important to note that once you delete your old wallet and make a new wallet, your private keys cannot be seen again. As such and as the developer does not have access to these messages, make sure to save down your private key externally to prevent losing it. The last functionality in this menu is to send ETH out of the wallet from the bot directly.
Leaderboards The leaderboards are an integral part of the Copybot Telegram Bot. In this section of the bot, you can see the top 10 registered wallets, ranked by the amount of copytraders following the wallet. These wallets, even outside of the top 10, share in the taxes generated by the product. As such, Traders are incentivized to climb the ranks. From the Leaderboards menu you can press one of the Wallet buttons. From here you can either follow the wallet by clicking on the Manage button and selecting an ETH amount, or unfollow a wallet you have already copied. To follow/copytrade any wallet that is not in the leaderboards, please refer to the next paragraph.
My Copytraders In the 'Copytraders' menu, you can select a new wallet to follow and manage your currently copied wallets. Simply press on 'copytrade a new wallet' and enter the wallet you want to copytrade buys off and select an amount to copytrade with. Press 'click here to enter a new wallet' and follow the prompts to start copying a wallet of choice. Once done, you will mimick any buy the copytraded wallet executes. In the same way as was highlighted in the previous chapter
Register In the last, but not the least important, functionality of our bot, any trader can register to climb the leaderboards and start earning! To register to the leaderboard, press the 'link wallet' button at the bottom of the 'Register' menu. Then, connect your wallet to Etherscan and write the 'register' function. From there on, you are included in the Leaderboards. If you want to unregister, simply repeat the process and write the 'unregister' function to get your wallet out the leaderboards. Remember - the more followers copytrading your wallet, the higher your proportion of the taxes! If you encounter any difficulties using the bot, please try pressing one of the buttons more than once. If problems persist, please notify one of the team members. For any additional functionalities to be added to the platform in the weeks after launch, please refer to the chapter 'Future Developments' of this whitepaper.