Blum Trading Bot has rolled out a new feature allowing users to trade Solana (SOL) tokens directly through its platform.
Blum Trading Bot has rolled out a new feature allowing users to trade Solana (SOL) tokens directly through its platform. Users can access this functionality via the Blum mini-app or by navigating directly to the trading bot. Upon entering the bot, a notification will inform users that Solana trading is now live.
To begin trading, users must first deposit SOL into their Blum account. This can be done by generating a new wallet within the bot or importing an existing one. After obtaining a Solana deposit address, users can transfer SOL from another wallet. It is important to note that fiat purchases are currently not supported.
Blum Trading Bot offers users the opportunity to earn Blum Meme Points for trading on Solana. For every $10 traded in a single transaction, users will receive 750 Meme Points, which are credited instantly.
Trading on the platform allows users to search for tokens by address, ticker, or shared link. Customizable swap settings can enhance execution speed, and transactions are processed instantaneously. All Solana tokens will be displayed in the “My Positions” section of the bot, enabling users to manage their portfolios efficiently.
In addition to basic trading features, Blum plans to introduce advanced functionalities in the near future. Upcoming features include limit orders, which will allow users to set target prices for automated trades, and auto-sniping capabilities based on predefined conditions. Multiple wallet creation is also expected to benefit professional traders.
Users are advised to ensure they save their wallet information securely and exercise caution before conducting any transactions.