My experience following other wallets with W2W tool from DeXe.Network
W2W following is a really good product from DeXe. It seems complicated at first glance, but once you start using the product, it’s that simple.
I first created the contract, needed 0.1 ETH, paid also the approval fee and finished. 0.1 ETH you can withdraw from contract at any time.
Next I find the wallet I want to follow and set the settings like minimum exhange volume, slippage, liquidity filter, zero volume filter.
With how much ETH is enough to follow? I think one purchase can be followed with 0.5 ETH, but I would recommend with 1 ETH. Due to the current gas price, but in the future it will be possible to follow with smaller amounts. We already have Binance Smart Chain, so once w2w is customized for BSC, we will be able to follow in small amounts.
What do I like about using the following of wallets? When the following wallet buys an asset, you can withdraw the purchased asset out of the contract and sell it yourself. I like the minimum exchange volume very much, because I can choose from what size I will copy the purchase. Slippage is also a great option.
Then I want to follow wallet it is important to pay attention to what the wallet owner already has in it‘s wallet balance. As an example, I want to follow a wallet, but 80 percent of its money comes from DeXe tokens. Then in this case I will buy DeXe tokens myself and I will set up the following wallet to follow not the ETH asset, but DeXe and set the settings. Now when the following wallet will sell DeXe and I will sell, the gas fees will be used from the contract 0.1 ETH. It is possible to play with assets both ways with selling and buying, because it is possible to follow not only ETH asset, but any other asset as well.
That’s right. You can use many strategies with w2w following tool, be wise, do good research how to use it and you will succeed in following other wallets. Most important and hard work it is to find profitable wallet, but then you find it, only left to set settings and you good to go.
I already using following of wallets and it works just fine. Looking forward to the release of w2w tool adapted for BSC.
Worth to mention, that it is possible to use w2w tool even in the Trading Marathon. If your followed wallet will buy partners tokens you will be getting x2 points from competition profits made and if followed wallet buys DeXe, you even earn x3 points from profits and with small starting dep of w2w it is very easy to take spot at Top20 or even be first at competition, if you will be lucky enough to find profitable wallet to follow. Follow the Best!
