WalletX Documentation
🌐Go to website🤖Open WalletX Bot
  • 💳WalletX - The Best Wallet Analyzer/Scraper on Solana
  • Setup & Usage
    • ❔1. What is WalletX and how does it work?
    • 2. What makes WalletX different from other Solana wallet analyzers?
    • 3. How to start using WalletX?
    • 4. Breakdown of WalletX Scan Metrics
    • 5. Do Your Own Research
  • Subscriptions
    • How to purchase a WalletX Paid Subscription
    • Paid Plans & Pricings
      • 🔹Trial Plan
      • 🔰Premium Plan
      • 💎Elite Plan
  • FAQ
    • 🤝Affiliate Program
    • ⁉️Frequently Asked Questions
      • Where can I find the top wallets?
      • "I bought premium". Where can I find the alpha wallet drops?
      • Is it possible to have a CSV file including all the alpha wallets?
      • Should I copy ✅pump.fun traders or ❌pump.fun traders?
      • Why do I get this error: "❌ Error occurred while checking wallet (WE-1)"
      • Why does the WalletX bot take long to check wallets now?
      • How can I know if my WalletX subscription is still active?
      • Why is WalletX giving me different results than other analyzers? (GMGN, Dexscreener,etc)
      • How do I access WalletX premium group after purchase? (Premium Plan)
      • At what time does WalletX drop the premium wallets each day?
      • Why does WalletX recommend skipping wallets with too many transactions?
      • Why I haven't received my premium subscription yet?
      • Which copy trading bots does WalletX recommend for Solana?
      • What are the # tags meaning?
      • What is an "Elite" Wallet?
  • Copy Trading Academy
    • 🦾WalletX's Effective Copy Trading Guide - by KableK
    • 📚Copy Trading Guides (Unofficial)
    • 🔫Copytrading (DO's and Dont's)
      • 1. Balance Win Rate and ROI
      • 2. Test and Trim Your Copy Trading Strategy
      • 3. Take Profits Early - Smart Exit Strategy
      • 4. Study Wallet Behavior - Key Analytics
      • 5. Analyze Insider Wallets
      • 6. Avoid Over-Copied Wallets
      • 7. Hold Times & Trade Size Analysis
      • 8. Never Follow The Crowd
      • 9. Improving Trading Analysis with Visual Data
      • 10. Trade Size Impact Analysis
      • 11. Smart Selling Strategy Analysis
      • 12. Adapt to Traders
      • 13. Use the Right Tools
      • Conclusion
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  1. Setup & Usage

5. Do Your Own Research

🚨 IMPORTANT 🚨

The wallets & information shared by WalletX are based on our own bot analysis and historical performance. We DO NOT provide financial advice. Each trader must conduct their own research (DYOR) before copying any wallet. Trading cryptocurrencies involves substantial risk—your capital is at risk, and past success does not indicate future performance (Especially memecoins)

Remember to: 1️⃣ Test with small amounts and monitor the trades until you get more experienced. 2️⃣ Use Solscan to understand the mirror's trading style and adapt your strategy accordingly. 3️⃣ Pause trades while sleeping or when unable to monitor (until you get the pattern). 4️⃣ If you copy a scalper, sell manually before them. 5️⃣ Use lower slippage if the mirror trades on low liquidity tokens. Rather not enter a trade than lose it all. 6️⃣ Use all the protections that copytrading bots offer. Going degen mode will make you lose long-term. 7️⃣ Look at each token's chart individually using tools like Dexscreener, GMGN, etc. 8️⃣ DYOR and select your wallets based on these criteria:

  • Big wins on several different tokens.

  • Few recent losses.

  • No large buys or sells.

  • Exit slowly over several sells.

  • Transactions are structured such that they are not likely to be MEV or other bots.

Although we are not responsible for your losses, we are here to help. So, feel free to ask questions, and we will answer them to the best of our knowledge. Submit the wallets that caused you multiple losses, and we will analyze them to guide you accordingly and adjust our wallet drops.

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Last updated 5 months ago