Last updated: February 8, 2026 · By Solana Bot Comparison Team

How to Use a Solana Trading Bot: Step-by-Step Guide

Last updated: March 2026

New to Solana trading bots? This guide walks you through everything from choosing a bot to executing your first trade. Whether you use a Telegram Solana bot like BonkBot or a web terminal like Axiom, the core process is the same.

Step 1: Choose Your Solana Trading Bot

Pick a bot that matches your experience level and trading style:

• Beginner? Start with BonkBot — simplest Telegram bot, zero setup.
• Want charts? Try Photon — fastest web-based bot with live charts.
• Advanced trader? Use Axiom for sniping and deep analytics.
• Copy trading? Choose Trojan to mirror profitable wallets.
• Multi-chain? BullX supports Solana, Ethereum, and Base.

See our full Solana trading bot comparison for a side-by-side breakdown.

Step 2: Create a Wallet

When you first open a Solana trading bot, it generates a new Solana wallet for you. This is a dedicated trading wallet — separate from your main holdings.

• Save your private key / seed phrase — this is the ONLY way to recover your funds if something goes wrong.
• Never share it with anyone. No legitimate bot will ask for your existing wallet's private key.
• Use a burner wallet — only deposit what you're willing to risk. Never use your main savings wallet.

Step 3: Deposit SOL

Send SOL to your bot wallet address. You can transfer from:

• A centralized exchange (Binance, Coinbase, Bybit)
• A wallet like Phantom, Solflare, or Backpack

Tip: Start with a small amount (0.5-1 SOL) to test the bot before committing more capital. You need SOL both for buying tokens and paying network gas fees (~0.000005 SOL per transaction).

Step 4: Find a Token

There are two ways to find tokens to trade:

• Paste a contract address: If you already know the token, paste its Solana contract address into the bot.
• Use built-in scanners: Bots like Axiom and Gmgn have built-in token scanners that show trending launches, Smart Money moves, and new listings.

Step 5: Execute the Trade

Set your parameters and confirm:

• Buy amount: How much SOL to spend.
• Slippage: Maximum price difference you'll accept (typically 1-15% for volatile tokens).
• Priority fee: Higher fee = faster transaction landing during network congestion.

Hit confirm — the bot signs and sends the transaction on-chain. Most trades complete in 1-3 seconds on Solana.

Step 6: Manage and Sell

After buying, you can:

• Set take-profit / stop-loss — automated sell at your target price (available on Trojan, BullX).
• Manual sell — paste the token address and execute a sell order.
• Track P&L — most bots show your unrealized profit/loss in real-time.