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Trading FAQ ​

Common questions about trading on Sparkbot.

Basic Trading ​

How do I buy a token?

Quickest method:

  1. Copy token address
  2. Paste in Sparkbot chat
  3. Review token information
  4. Tap "Buy" button or use /b [address]
  5. Confirm transaction

Typically takes 5-15 seconds total.

How do I sell a token?

From positions:

  1. Go to Positions
  2. Select your token
  3. Choose sell percentage (25%, 50%, 75%, 100%)
  4. Confirm sale

Using command:

/s [token_address]
What's the minimum trade size?

Minimum: 0.00001 BTC

Recommended starting size: 0.001-0.01 BTC for learning

What's the maximum trade size?

Maximum: Your available balance

However, consider:

  • Large trades have more price impact
  • Pool liquidity limits practical maximum

Prices and Execution ​

Why is the price different from what I expected?

Several reasons:

  1. Price Movement: Prices change rapidly
  2. Slippage: Allowed price variance during execution
  3. Price Impact: Your trade size affects the price
  4. Pool Depth: Lower liquidity = more impact
What is price impact?

Price impact is how much your trade moves the token price. Factors:

  • Trade size vs pool size
  • Pool liquidity depth
  • Market volatility

Larger trades in smaller pools = higher impact.

How can I minimize price impact?
  • Trade smaller amounts
  • Split large trades into multiple smaller ones
  • Choose tokens with deeper liquidity (higher TVL)
  • Trade during high volume periods
Why did my trade fail with "slippage exceeded"?

Price moved more than your slippage tolerance during execution.

Solutions:

  • Increase slippage to 5-10% in Settings
  • Try smaller trade amount
  • Wait for lower volatility
  • Check pool liquidity is sufficient

Limit Orders ​

When should I use limit orders vs quick buy/sell?

Use Limit Orders when:

  • You have specific price targets
  • Can wait for better prices
  • Want 24/7 automated trading
  • Building/exiting positions gradually

Use Quick Buy/Sell when:

  • Want immediate execution
  • Current price is acceptable
  • Trading actively
  • Reacting to breaking news
Can I cancel a limit order?

Yes, anytime before it executes:

  1. Go to My Orders
  2. Find the order
  3. Tap Cancel
  4. Confirm cancellation

Cannot cancel orders that are already executing.

Why didn't my limit order execute?

Common reasons:

For Buy Orders:

  • Price didn't drop to target
  • Insufficient balance
  • Order expired (30 days)

For Sell Orders:

  • Price didn't rise to target
  • You sold the tokens elsewhere
  • Insufficient token balance

Check order status in "My Orders" for specific reason.

How long do limit orders last?

Duration: 30 days from creation

What happens at expiration:

  • Order automatically cancelled
  • No execution
  • Funds remain available

You can recreate the order if still desired.

Fees and Costs ​

What fees do I pay when trading?

Fee breakdown:

  • Sparkbot fee: 1% Integrator Fee
  • Pool swap fee: Usually 0.3-1% (varies by pool)
Are there hidden fees?

No hidden fees. Total cost is:

  1. Integrator fee (Sparkbot)
  2. Pool swap fee (Pool hosts + LP fee)

That's it. Completely transparent.

Do I pay fees on failed trades?

No! If trade fails before execution:

  • No pool fees charged
  • No network fees charged
  • Balance unchanged

Only successful trades incur fees.

Liquidity and Pools ​

What is liquidity?

Liquidity is the amount of tokens available for trading in pools. More liquidity means:

  • ✅ Easier to buy/sell
  • ✅ Less price impact
  • ✅ Better prices
  • ✅ More reliable execution
How much liquidity is enough?

Guidelines:

  • Minimum: $5,000
  • Comfortable: $10,000+
  • Ideal: $50,000+
What if there's no liquidity pool?

Can't trade that token on Sparkbot. The token needs a BTC liquidity pool to be tradeable.

Risk and Safety ​

How do I avoid scam tokens?

Before buying, verify:

  • ✅ Official project website
  • ✅ Social media presence
  • ✅ Liquidity > $10,000
  • ✅ Holders > 50
  • ✅ Active trading volume

Red flags:

  • ⚠️ Very low liquidity
  • ⚠️ Few holders
  • ⚠️ No website/social
  • ⚠️ Unrealistic promises
  • ⚠️ Pressure to buy quickly
What's a rug pull?

Scam where developers drain liquidity, making tokens worthless. You can buy but can't sell.

Protection:

  • Verify team is doxxed
  • Start with small amounts
  • If too good to be true, it probably is
Should I use high slippage?

When to use high slippage (10-15%):

  • Very low liquidity tokens
  • Acceptable price range is wide
  • Emergency exits

Risks:

  • Might pay much worse price
  • Potential for sandwich attacks
  • Less price protection

Recommendation: Use 2-5% for most trades, only increase if necessary.

Performance and Tracking ​

How do I calculate my profit/loss?

Formula:

Current Value - Initial Investment = P/L

Example:

  • Bought: 0.01 BTC
  • Current value: 0.015 BTC
  • P/L: 0.005 BTC (+50%)

Track entries in a spreadsheet or journal.

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