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Unibot: A Powerful Tool to Revolutionize On-Chain Trading

2024-08-02 20:00:05


    Unibot is a trading platform that enables fast and seamless trading via Telegram bots and web terminals. It offers advanced tools such as limit orders, copy trading, token sniping, private trading, and alpha token event scanners on multiple blockchains including Ethereum, Basechain, Arbitrum, and Solana. The user-friendly interface and free-to-use features make it the perfect tool for on-chain traders. With encrypted private keys and user-controlled wallets, Unibot ensures a secure trading environment.


Main Products of Unibot

Unibot offers a growing number of tools to give traders an edge in the competitive on-chain trading space. Here are some of the main products that Unibot offers to its users:


Trading Terminal

A web-based interface that provides detailed trading strategies, including advanced order types, automated strategies, and real-time market data.


Unibot X

An advanced trading bot integrated with the trading terminal that provides enhanced functionality and customization options for experienced traders.


Telegram Bots

Dedicated bots for Ethereum, Basechain, Arbitrum, and Solana that enable instant trading directly in Telegram.


Telegram Scanners

Tools that provide real-time alerts on newly created, launched, and trending tokens on the blockchain, helping users get ahead of market movements.


Alpha Token Event Scanners

The scanner identifies important token events, such as high yields or significant trading activity, providing users with actionable insights.

Together, these products provide a powerful and flexible trading environment that caters to a variety of trading strategies and preferences.


Unibot Sniper Explained

Unibot Sniper is a tool that allows users to quickly purchase newly issued tokens, maximizing early entry opportunities. It is integrated into Unibot's Telegram interface and simplifies the process of locking and purchasing tokens. The tool offers manual and automatic modes. In manual mode, users can set specific targets and trading parameters. In automatic mode, it scans for new token deployments and popular tokens, automatically adding them to the user's sniper list. This can help traders get tokens early, often resulting in better market position.


Unibot Token Economics

Unibot’s token economics is designed to provide a fair, incentivized ecosystem for its users. The UNIBOT token runs on the Ethereum network, with a non-dilutive model and a fixed supply of 1 million tokens.


Key Features

Fair Launch: All tokens are added to liquidity at launch, ensuring fair distribution, without pre-sales or private distributions.

Transaction Tax: A 4% tax is levied on UNIBOT transactions, distributed as follows: 1% to liquidity pools (LPs), 2% to token holders, and 1% to team and operating expenses.

Revenue Sharing: Users who hold at least 10 UNIBOT tokens receive a share of trading profits on Ethereum and Solana. Rewards are distributed in ETH, calculated every six hours, and available for claiming after 24 hours.

Loyalty Program: Token holders receive trading fee reductions, with discounts of up to 50% depending on the number of UNIBOT tokens held.

Auto-Compounding: ETH revenue sharing rewards are automatically redeemable for UNIBOT, increasing the holder’s token count and potential future rewards.

Migration: In June 2023, UNIBOT migrated from V1 to V2 token contracts in accordance with a community-approved plan, which improved liquidity and reduced exchange taxes.


These elements ensure that UNIBOT tokens not only facilitate efficient trading, but also incentivize holders to actively participate in the platform ecosystem.


Security of Unibot

Unibot uses industry-standard methods to encrypt private keys, keeping them away from servers and databases, ensuring user security. Unlike centralized exchanges, users have full control over their funds and can import keys into wallets such as Metamask. The Unibot wallet is designed for active trading and should be considered a hot wallet. Planned future security features include automatic transfer of Ethereum when balance exceeds a set threshold, address whitelisting, and two-factor verification for sensitive operations, providing greater security and control.


Using Unibot

Trades made through Unibot are subject to fees between 0.5% and 1%. The default fee is 1%, but you can reduce it by up to 50% through our loyalty program. Whenever you trade through Unibot, your trading wallet interacts with the Unibot router contract. If you buy tokens, the router contract will deduct the fee from your ETH input amount. If you sell tokens, the fee will be deducted from your ETH output amount. The private key is encrypted using industry standard cryptography. No one can access it. It is not on our servers, databases, stored on the website, etc. Unlike CEX, users have access to the private keys of the trading wallets generated by Unibot. You can import your keys into Metamask at any time and have full control over your funds in Unibot. Always treat your wallet as a hot wallet.


Bottom Line

Unibot is a powerful, user-friendly trading platform that combines advanced features such as coin sniping, copy trading, and a real-time coin scanner across multiple blockchains with strong security measures. By holding UNIBOT tokens, users can benefit from revenue sharing and trading fee reductions, which is an attractive option for on-chain traders.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT