December 23, 2024

🟥 Sell 

Here you will find a video tutorial on selling a memecoins, and below is a step-by-step guide:

To sell any of your tokens, you can simply paste the token address at any time, or tap Positions in the main menu.

On the Positions page, you will see all your tokens, along with information about their:

🔹 Current market cap

🔹 Your average entry market cap

🔹 Current P&L for each token

Select a token to sell, and you’ll land on a page with detailed token information and trade settings.

On this page, you can also share the token with your community using your referral link.

If the token has been rug-pulled (meaning it’s pointless to sell because the fees would exceed any potential earnings), you have the option to hide it so it no longer appears in your token list. You can unhide it anytime from the Settings page.

You will also see:

🔹 The total balance of this token in your wallet

🔹 The number and volume of its buys

🔹 The number and volume of its sells

First, choose the type of order:

💰 Manual Order: Sell the token immediately at the current market price.

TP&SL Order: Set a specific price at which you’d like to sell the token in the future (TP&SL orders are currently in development. We’ll notify you as soon as this feature is available).

To make a trade:

1. Set an acceptable slippage tolerance. For example, a slippage of 10% means you agree to proceed with the trade if the token price fluctuates by up to 10% during the process. If the price changes beyond this range, the trade will fail.

2. Specify the amount of token to sell.

3. Once you’ve set your slippage tolerance and entered the amount to sell, tap the SELL button at the bottom of the screen to initiate the trade.

What happens after you tap SELL:

1. Waiting for confirmation.

Blum Trading Bot waits for the transaction to be confirmed on the blockchain.

2. Processing trade details.

Once the transaction is confirmed, Blum Trading Bot retrieves the trade details.

3. Trade completion confirmation.

Blum Trading Bot confirms that the trade was successful and displays detailed information, including the amount of tokens sold and the TON amount added to your balance.

4. P&L card

At the very end, you’ll see a beautifully designed P&L card summarizing your trade results. You can also share it with your community along with your referral link.

❗If the trade fails for any reason (e.g., slippage tolerance was too low, insufficient balance, or external factors beyond your control), your tokens will remain safe and untouched.

Come back to Main menu

The full version of the guide is available here.