Fees in fast memecoin trades I used to barely look at fee…
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Fees in fast memecoin trades
I used to barely look at fee schedules because I was trading small enough that a percentage point here or there didn’t feel important also want educated enough. Then I started trading faster memecoins and noticed the annoying part wasn’t always the fee itself. It was seeing one price on screen and then trying to figure out afterward why the amount I got back looked different. Usually not a big difference but still not pleasant.
Currently use pump fun and at least there I can check the published fee before I trade and know the bonding curve is 1.25 percent. If the execution comes out worse than I expected, at least I have a starting point and can separate the platform fee from price impact instead of guessing which one ate the trade.
I’ve tried a few of the newer mobile apps and some are much harder to reason about once the market starts moving fast. Fomo i saw make headlines this week since it has way too big of a slippage percentage like 45% i think it was and from what i saw you cant even change it so its set by default, even basic telegram bots do better than that
#cryptocurrency
I used to barely look at fee schedules because I was trading small enough that a percentage point here or there didn’t feel important also want educated enough. Then I started trading faster memecoins and noticed the annoying part wasn’t always the fee itself. It was seeing one price on screen and then trying to figure out afterward why the amount I got back looked different. Usually not a big difference but still not pleasant.
Currently use pump fun and at least there I can check the published fee before I trade and know the bonding curve is 1.25 percent. If the execution comes out worse than I expected, at least I have a starting point and can separate the platform fee from price impact instead of guessing which one ate the trade.
I’ve tried a few of the newer mobile apps and some are much harder to reason about once the market starts moving fast. Fomo i saw make headlines this week since it has way too big of a slippage percentage like 45% i think it was and from what i saw you cant even change it so its set by default, even basic telegram bots do better than that
#cryptocurrency
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