🤖Using Dexbot

What are the fees for using Dexbot?

• Transactions through the bot incur a fee of 1% by default.

• If you have at least 100000 DEXBOT and your wallet is linked to the bot you will get a 20% fee return.

• If your first interaction with the bot was through a referral link, you will have a further fee return of 10%.

How are fees deducted?

Whenever you trade through Dexbot, your trading wallets interact with the Dexbot router contract. If you buy a token, the router contract will deduct the fee from your ETH input amount. If you sell a token, the fee is deducted from your ETH output amount.

Is Dexbot secure?

• Private keys are encrypted using industry standard encryption. No one has access to it. Not on our server, database, or stored on website, etc.

• Unlike CEX, users have access to their private keys of Dexbot generated trading wallets. You can import your keys to Metamask and have full control over your funds in Dexbot at any time

• Always treat your wallet as a hot wallet.

• We'll be upgrading features to bring more comfort over your wallet security in the future. E.g. auto-transfer ETH out when your balance exceeds a custom threshold amount.

How does slippage work in Dexbot?

• Slippage is basically the maximum price movement you're willing to accept for your swap before your transaction is reverted.

• For non-private transactions you should use "Auto" since it computes the lowest slippage possible for a swap to succeed with your specified ETH amount.

• If "Auto" isn't available then just set the lowest possible for your transaction to succeed.

• For private transaction the slippage is 20% for typical buys/sells and 30% for limit buys/sells.