FAQs

Is Bloom Bot free to use?

Yes, Bloom Bot is completely free to use. We only charge a 1% fee on buy and sell transactions.

What is slippage?

Slippage is the difference between the expected price of a trade and the actual price at which the trade is executed. It typically occurs during periods of high volatility or low liquidity. Generally, the higher it is, the faster your transaction is but the higher are the chances of getting your transaction sandwiched.

What is market cap?

Market cap is the total value of a cryptocurrency, calculated by multiplying price by circulating supply.

What is a buy and sell fee?

The fee you are willing to pay to get your transaction processed.

Buy & Sell Protection ON/OFF

🟩 Buy/Sell Protection ON:

Only MEV-protected processors are used, significantly reducing sandwich attack risk (though a minimal chance remains).

🟥 Buy/Sell Protection OFF:

Transactions are broadcasted to all supported processors, including those without MEV protection.

What is a bundle fee?

A bundle tip fee is an extra payment made to JITO's network of block producers to prioritize the inclusion of your transaction in the next block.

When is the contract renounced?

A contract is renounced when the developer gives up control, making it immutable and decentralized.

What is freeze authority?

Freeze authority allows a contract owner to pause or restrict transfers of tokens, usually for security reasons.

What is liquidity?

Liquidity in cryptocurrency markets refers to the total amount of funds available in the liquidity pool.

What is a liquidity pool?

A liquidity pool is a smart contract where tokens are locked for the purpose of providing liquidity.

How do Auto Orders work?

Auto orders are limit orders automatically created after you buy a coin. They trigger based on your settings and don’t require you to start them manually once created.

What does Degen Mode do?

Degen Mode instantly buys a token as soon as its contract address is entered in Telegram, without asking for additional details. Once typed, it will attempt to purchase based on your settings, regardless of your balance.

What are Limit Orders?

Limit Orders let you define a specific price at which you want to buy or sell a cryptocurrency. Unlike market orders that execute immediately at the current price, limit orders only trigger when the market reaches your desired price or market cap.

Bloom goes a step further by allowing you to combine multiple parameters—enabling you to fully customize each limit order to match your personal strategy.

What is a deployer?

A deployer is the wallet address that initially creates and launches a cryptocurrency contract on the blockchain.

The deployer field is an optional filter you can use to better manage your sniper tasks. Here, you can enter the deployer wallet address to make sure you’re sniping the correct token. You can skip this filter if you’ve already selected the right platform from the Platforms menu.