XPayBot Tutorial

This guide will teach you how to use our Telegram bot, XPayBot, to automate your DEX trading. If you want to create your own TradingView strategies for automation, ensure you've followed the previous sections of the XPayBot guides. These sections explain how to set up your own strategy on TradingView and set them up to notify your Telegram Group with signals.

Using Pre-Made Strategies

If you don't want to make your own strategy, you can use one of our already-made and backtested hedge fund strategies if you hold at least 0.1% XPay tokens. Currently, we have two strategies available for users, "The Degen" and "The Scalper." For more details on each strategies review our XPayBot Signal Groups section. We'll be adding more strategies to suit each user as we grow.

Getting Started with XPayBot

1. Visit the XPayBot Website:

• Go to xpaybot.com website.

• Click the "Start Automating" button.

1. Using Telegram:

• Start the bot here https://t.me/XPayDEXBot.

1. Start the Bot:

• Click the "Start" button.

• Hit "Create Wallet." This generates a wallet for you and displays the public and private keys for that wallet. Securely store the private key so only you have access to them! Never share your private key with anyone!

Configuring Trade Settings

1. Access Settings:

• Click the menu button on the bottom left corner.

• Select /settings

Select /settings from Menu

1. Sell Percentage:

• Click on "Sell Percentage."

• This setting determines what percentage of the tokens you want to sell when a sell order is issued.

• For most strategies, it is recommended to set this to 100%. Otherwise, your capital could be depleted for buying future strategies as you would be slowly accumulating the token.

• Example: If the bot had bought 1000 tokens in a previous signal; when the sell signal is issued, if your sell percentage is set to 50% then 500 tokens is sold.

Setting Sell Percentage to 100%

1. Buy Percentage:

• Click on "Buy Percentage."

• This setting determines the percentage of available Ethereum in your wallet to trade on tokens whenever the buy signal is issued.

• Be careful what you set this setting as. Higher percentages mean less room for simultaneous trades, possibly missing some trades. Higher percentages also increase risk due to a bad trade. (We would recommend 5%. However, it depends on your strategy for what should be the ideal buy percentage).

Setting Buy Percentage to 5%

1. Set Slippage:

• Click on "Slippage."

• Our bot is MEV-protected, so you can set your slippage to 100%. However, we recommend setting it to something more reasonable for your trading strategy. (10% is a good value for most thick liquidity tokens e.g. Pepe)

Set Slippage to 10%

1. Set Gas Boost:

• Click on "Gas Boost."

• A healthy gas boost ensures your trades are fast and successful. Setting it to 0 risks unsuccessful trades. (We suggest setting your gas boost to 10. This increases successability while keeping costs low)

Set Gas Boost to 10 Gwei

1. Set Max Gas Buy:

• Click on "Max Gas Buy."

• This setting avoids buying strategies when gas prices spike. This can save significantly on fees. Be careful not to set it too low, or it will render many transactions unsuccessful. If you don't want to use this feature, set the max gas to very high. (We suggest anything over 100 Gwei for Buy Max Gas Price)

Set Max Gas Buy to 100 Gwei

1. Set Max Gas Sell:

• Click on "Max Gas Sell."

• This setting avoids selling strategies when gas prices spike. This can save significantly on fees. Be careful not to set it too low, or it will render many transactions unsuccessful. If you don't want to use this feature, set the max gas to very high. (We suggest 200 Gwei for the sell gas max price as having your sell fail could mean you don't exit at critical moments)

Set Max Gas Sell to 200 Gwei

1. Set Default Chain:

• Click on "Default Chain."

• Click on either /ETH, /BASE or /BSC to change your default chain to that chain.

• Whatever your default chain is the bot will assume is the chain you want to automate your strategy on.

Select either /ETH, /BASE or /BSC to change the default chain

1. Review Settings:

• Hit /settings to preview your final settings at the top of the panel.

Automating Strategies through Whitelist

1. Join Strategy Group:

• Ensure you've joined the strategy group on Telegram that issues the signals.

XPayBot Signal Channel "The Degen"

1. Copy the Contract Address:

• Copy the contract address of the token you want to trade. You can do this by searching the token on DexTools and copying the contract address from there.

Copy Token Contract Address

1. Access Whitelist in XPayBot:

• Enter /settings in XPayBot and select "whitelist."

Click "Whitelist" button within /settings

Using "Contract Whitelist"

1. Access Contract Whitelist:

• Select "Contract Whitelist" button.

• To whitelist the call, message the command whitelist followed by the contract address then yes. This activates trading of that token. (Example: whitelist 0xf2fdd9c25d7bc8002ce89716d1be484b2d976944 yes)

• You can have multiple whitelists at one given time.

• To view all the tokens you have whitelisted, message /whitelist and select "Contract Whitelist" button.

• To un-whitelist a token, just input the command whitelist followed by contract address then no. This will disable trading on that token. (Example: whitelist 0xf2fdd9c25d7bc8002ce89716d1be484b2d976944 no)

• Please note you can input the command above from anywhere within the bot, it doesn't have to be while you are within /whitelist

Whitelisting Different Contract Addresses

Using "Group Whitelist"

1. Access Group Whitelist:

• Select "Group Whitelist" button.

• If using your own Tradingview Strategies ensure you have correctly configured your own Group for XPayBot by following "TradingView to Telegram Process" User Guide. It's important to ensure https://t.me/Read_XPayDEXBot is within the Group.

• If you are within an XPayBot Signal Group like "The Degen" and "The Scalper" then you don't need to do anything.

• When the button is pressed, all Groups configured that you are in for XPayBot will display as buttons. If you would like to activate any of them, click on them.

Configuring Wallets

1. Access Wallet Settings:

• Type /wallet or access /wallet from the menu.

Access /wallet to Access Wallet Settings

1. Import & Replace Wallet:

• Select "Import & Replace Wallet" button.

• Paste the private key of the wallet you would like to import.

• Note: This will remove the existing wallet.

Importing Wallet to Replace Existing Wallet

1. Delete & Replace Wallet:

• Select "Delete & Replace Wallet" button.

• Select "Yes, delete and replace wallet" button.

• Record your new private key SECURELY and delete the message after.

Deleting Existing Wallet and Replacing with New Wallet

1. Transfer ETH to Another Wallet:

• Select "Move ETH to Another Wallet" button.

• Paste the Public Address of the wallet you want to send funds to.

• Insert the amount of ETH you want to send

Sending 0.5 ETH to target address

Referral/Claim Dashboard

1. Access Referral/Claim Dashboard:

• Type /referral or access /referral from the menu.

Access /referral to Access Referral/Claim Dashboard

1. Copy/Share Referral Link:

• Click on referral link to copy it.

• Share it around to receive 20% of fees generated by users that started XPayBot through using your referral link.

• Note: The users that you refer receive a 10% discount on trading. Win win! Make sure to share that around when sharing your links.

Retrieve Referral Link and Share Around

1. Claim Referral Rewards:

• Click "Claim Referral Rewards" button to claim any of your pending rewards.

• Note: A minimum of 0.1 ETH is required to claim.

Claim Referral Rewards

Conclusion

This detailed guide helps you set up and use XPayBot for automating your DEX trading. If you have any questions or need further assistance, please join our Telegram and ask our admins. Automate. Save Time. Profit. With XPayBot.