WHAT IS AN NFT SNIPER BOT?
- Sniper bots are automated bots that monitor time-based activity and submit information at the very last moment, removing the opportunity for other people to respond to that action
- This enables you to purchase NFTs at or even below the floor price and this implies that you can resale them for a lot more money
- Any NFT marketplace is a good spot to use a sniper bot but the majority of their use has been for OpenSea collection auctions
- Depending on the bot, you can also use it on any blockchain and with any cryptocurrency
THE FEATURES
- Auto-sell snipes
- Verifies the NFT project’s floor pricing, including the fees and contract address
- Snipe multiple collections at the same time
- Support for multiple wallets
- Monitors whale wallet activity
- Set the floor price alerts
HOW TO USE A SNIPER BOT?
- It’s simple to set up your own sniping bots
- All you need to start is a web account with an online service
- The next step is to locate and set up a sniping bot on your PC
- You can choose from a variety of applications; some websites demand a monthly subscription, while others ask you to download the software or purchase it online (typically for around $50)
- It is wise to stay away from websites that demand a monthly fee wherever possible
- Once the sniping bot program has been installed on your computer all you have to do is enter details about the auctions you’re interested in
- This often entails entering your maximum bid amount and setting a timer to launch the bidding at a certain time (usually between 5 minutes before an auction ends and 2 minutes after)
- Even if someone else places a bid on the things you desire, your sniping bot program will automatically outbid them and purchase them for a lesser price
REFERENCE:
DISCLOSURE:
None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.
Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.
Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.
Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.
