Photon
About Photon Trading
1: What is Photon Trading
- Background
In the world of token issuance and trading, speed is everything. Photon Trading was born to provide traders with a platform that can react quickly in the ever-changing crypto market.
- Main features
- One-click trading: Quick buy and sell functions
- Smart-MEV protection: Prevent sandwich attacks
- Limit orders and DCA (Dollar-Cost Averaging) functions: Flexible trading strategies
- Real-time market data: Help users make informed decisions
- Trading fees
Photon Trading charges a 1% fee on each buy and sell transaction. This fee is deducted from the user's initial investment.
2: Photon Trading Functions
- Smart-MEV Protection
- Purpose: Protect users' transactions from front-running or sandwich attacks
- Usage: Choose "Fast" or "Secure" option and set an appropriate bribe amount
- Limit Orders
- Purpose: Set automatic buy or sell orders
- Types: Buy dip, stop loss, and take profit
- Usage: Choose target market cap setting method (percentage drop, specific market cap, or target line on chart), set expiration time and priority fee
- DCA Orders (Dollar-Cost Averaging)
- Purpose: Automate batch buying or selling
- Usage: Set total investment amount, order interval time, number of orders, target market cap range, and expiration time
- Memescope (not detailed)
3: Security
Photon Trading provides Smart-MEV protection function, which can protect users' transactions from front-running or sandwich attacks to some extent. However, users still need to be aware:
- Set appropriate priority fees and bribes to ensure transactions can be packed quickly
- Be cautious when setting parameters for limit orders and DCA functions to avoid unexpected large transactions
- The platform may have smart contract risks, users should only invest funds they can afford to lose
4: FAQ
Question 1: Why do I see a "transaction executing" notification?
- This is Photon Trading's proprietary method to ensure your transaction has the highest probability of success and the fastest confirmation time. You can choose to wait for the transaction to complete or try the same transaction again. However, please note that if you try again, both transactions might be confirmed.
Question 2: How to use the Smart-MEV protection feature?
- When trading, choose the "Fast" or "Secure" option. The "Fast" option will use any upcoming validator, while the "Secure" option will only use JITO validators to ensure MEV protection. Remember to set sufficiently high priority fees and bribes.
Question 3: What types of limit orders are available?
- Photon Trading offers three types of limit orders: Buy dip, Stop loss, and Take profit. You can set trigger conditions based on market cap percentage, specific market cap, or target line on the chart.
Question 4: How to set up a DCA (Dollar-Cost Averaging) order?
- Go to any token page, click on the "Orders" tab, then choose "DCA" from the dropdown menu. Set the amount for each investment, order interval time, total number of orders, target market cap range, and expiration time.
Question 5: What are the trading fees for Photon Trading?
- Photon Trading charges a 1% fee on each buy and sell transaction. This fee is deducted from your initial investment. For example, if you spend 5 SOL to buy tokens, the actual amount used for purchase will be 4.95 SOL.
5: User Precautions
- When using the Smart-MEV protection feature, ensure to set sufficiently high priority fees and bribes to increase the probability of transaction success.
- When using limit orders and DCA functions, carefully check all parameter settings to avoid unexpected large transactions.
- Pay attention to market dynamics and adjust trading strategies in a timely manner.
- Understand and accept the high risks of cryptocurrency trading, only invest funds you can afford to lose.
- Regularly check and update your trading settings to adapt to market changes.
- Before making large transactions, you can test the platform's functions with small amounts first.
- Stay informed about new features and platform updates to fully utilize the tools provided by Photon Trading.
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