In this in-depth publication, we will explore one of the most advanced productivity trading tools that is essential for anyone transacting with cryptocurrency tokens across multiple chains. Whether you're a seasoned veteran or just beginning in the DeFi space, access to a top-tier cross-chain DEX and a comprehensive suite of Web3-native trading tools is indispensable.
Introducing Bullx.
Beyond offering a suite of advanced DeFi trading tools, Bullx stands as the most sophisticated multi-chain DEX, featuring cutting-edge Web3-native capabilities alongside CEFI-level features. It empowers users to explore trading opportunities across DeFi with safety, timeliness, and efficiency.
Until recently, tools like these were categorized ‘luxury tools’, reserved primarily for whales and inaccessible to the broader public.
Now, the playing field is level. With Bullx, you can access the same premium tools that were once exclusive to whales.
While there is a waitlist due to its early-stage status, you can start using it immediately with this unique invite: https://bullx.io/web3wikis
Interested in a video tutorial that summarizes the sophistication of Bullx? Check out the video below:
Getting Started
Regardless of your expertise, Bullx has simplified DeFi trading, enabling you to dive seamlessly and safely into the world of DeFi while preserving the sophistication you're accustomed to on CeFi.
If you didn't already know, the DeFi space is significantly more complex and less secure than CeFi, featuring millions of cryptocurrency tokens compared to the hundreds typically available in CeFi.
Due to its decentralized nature, DeFi lacks an incubation process for vetting tokens, allowing anyone to deploy a token and list it on a DEX. As a result, uncovering safe tokens to trade on-chain requires extra due diligence on your part.
That said, BULLX provides a safer DeFi environment by default, allowing you to interact securely with millions of tokens. A safer DeFi environment alleviates unnecessary trading fears, takes care of some of the due diligence for you, and better positions you to seize the bullish opportunities that crypto presents daily. That's why it's called 'BULLX’.
Here are some of the security-oriented features that Bullx offers by default:
Non-custodial wallets - Create as many non-custodial wallets as you wish across multiple chains. (BULLX does not store or have access to your wallet seed phrases, ensuring your privacy and security.)
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In-depth Token Security Audits - BULLX conducts thorough security and tokenomics audits for every token on its platform, alerting you to vulnerabilities in a token’s smart contract or distribution. This ensures you are well-informed and can make safer investment decisions.
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Sophisticated Filters - BULLX offers well-defined and highly customizable filters, allowing you to view only the tokens that match your preset parameters. This empowers you to identify bullish opportunities more safely.
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Wallet tracking and labeling - BULLX offers proactive insights into wallet activities related to any token by labeling wallets based on this analysis. This helps you identify top traders, holders, whales, insiders, and deployer wallets associated with a selected token, allowing for in-depth tracking of their trading actions. With this information, you gain a deeper understanding of a token’s distribution and security, enabling you to make more informed trading decisions.
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Below are some of the advanced trading features
Instant Trading: Discover trending tokens, newly deployed assets, or those showing significant gains, all in real-time.
Advance Trading: Quick Buy, Limit, Copy Trading, Dev Sell Copy
Advanced Routing Engine: Automatically finds the optimal routing through liquidity pools or pairs for you. Simply select your token, and let BULLX handle the rest.
Multi-Chain Support: Trade across multiple chains and manage all your holdings seamlessly from one platform.
Comprehensive Portfolio Management: Monitor your trades, profit and loss, and track top traders for each token.
Ready To Sign Into Bullx?
To sign into Bullx, you need to have a Telegram account.
Simply visit https://bullx.io/web3wikis
To skip the waitlist and start using Bullx already, provide this access code to the Telegram bot:
Note: Using invite code will give you a 10% discount off your trading fees.
Did you know? You can also access Bullx with limited functionality directly through their Telegram bot. However, for more advanced features, it’s recommended to use the dApp on a PC or phone. In some locations, you may need to use a VPN for seamless access to Bullx. The video tutorial below demonstrates the functionalities available via the Telegram bot.
Wallet Manager
Creating A New Wallet
To start trading in DeFi, regardless of the chain, you'll need a non-custodial crypto wallet to deposit your funds into.
BULLX simplifies the process of creating as many non-custodial wallets as you need across multiple chains.
Creating a new wallet on BULLX is straightforward—just click the 'New Wallet' button. This action instantly generates a new wallet that you must back up immediately to retain full custody. Full custody means that no one else has access to your wallet, and you can import it into any well-known Web3-compatible wallet, such as MetaMask, Trust Wallet, or Phantom, if you prefer to manage it from there. However, if you lose access to your seed phrase, even BULLX cannot recover it. This could lead to a loss of funds, particularly if you lose access to your BULLX account.
While you can create multiple wallets, you will need to designate a primary wallet for your trading activities. You can change your primary wallet at any time.
See quick tutorial video:
Note: Be sure to back up the seed phrase for each wallet you create as soon as possible. The backup window closes quickly as a security measure, and BULLX cannot recover your seed phrases. If you forget to back up a wallet, you can transfer its funds to a backed-up wallet to ensure your assets are safe.
See quick tutorial video:
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Funding Your Wallet
After creating your Bullx trading wallet, it’s time to fund it.
You can do this through a centralized exchange or a personal non-custodial wallet. Simply click on the ‘Add Funds’ button, select your desired chain, and obtain your wallet deposit address to receive the funds.
See quick tutorial:
Note: The source and destination chains are crucial. Depositing an ERC20 token (Ethereum) to a Solana-generated deposit address will result in a loss of funds.
Withdrawing Funds
Once again, the source and destination chains are crucial. Withdrawing a Solana-based token to an Ethereum-generated destination address could result in a loss of funds.
Bullx has implemented security measures to ensure you withdraw to a compatible wallet. If it's your first time initiating a withdrawal, you'll need to submit the destination wallet address to Bullx for manual verification and approval. This process typically takes about an hour and is a one-time requirement. Once approved, this wallet becomes your default withdrawal destination. Subsequent withdrawals are seamless, as your default destination wallet address will automatically populate on the withdrawal portal, as demonstrated in the tutorial video below:
Distributing Funds
If you have multiple wallets, you may need to transfer funds between them without leaving Bullx. The ‘Distribute Funds’ portal makes this process simple and efficient.
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To distribute funds, click the ‘Distribute’ button, select the chain and token you wish to distribute, choose the source and destination wallets, and initiate the transaction as demonstrated in the quick tutorial video below:
Consolidating Funds
The Bullx wallet manager allows you to consolidate funds from multiple wallets into a single one. While similar to the 'Distribute Funds' feature, consolidation is specifically designed to gather your assets from various wallets into one for easier management.
To consolidate funds, click the 'Consolidate' button, select the chain and token you want to consolidate, choose the source and destination wallets, and initiate the transaction.
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It is recommend to carry out indepth due diligence in selecting tokens to trade but where you cannot bullx offers safety measures by default
For instance, for your safety when interacting with offers a audit feature by default, that checks the contract of each token and scores them based on safety.
To start your journey on Bullx, you can create a new wallet which will be your default wallet. This will have custody of your trading balance.
You have the luxury of having wallets assoc
This means that if you are new to the DEFI space, Bullx can be your first outing into the world of DEFI.
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While many associating Bullx popularly with the Solana chains, Bullx has other chains incorporated such as Ethereum
This means that you can interact with tokens on these chains too maintain all the sophistication that Bullx offers across the board.
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Portfolio
Before you start trading, it's essential to explore the sophisticated “Portfolio” portal that Bullx offers.
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In the world of DeFi, the decentralized and public nature of the blockchain allows you to access every transaction. Bullx enables you to tap into this data directly from your portfolio, whether you're analyzing your own wallet or those of others.
Bullx is a powerful learning platform. If you've discovered a particular smart wallet that piques your interest, perhaps due to its PNL (Profit and Loss), you can dive deeper into its trading analytics through a user-friendly interface, all within your portfolio.
Want to track your PNL and overall trading performance? You can do it right from your portfolio.
Want to learn how to better manage your Bullx portfolio?
Check out this video:
Explore
The Bullx "Explore" portal is a fantastic tool for navigating the vast landscape of tokens across blockchains like Solana, Ethereum, Base, Blast, and Binance Smart Chain. Its thoughtfully designed interface makes finding, analyzing, and acting on token opportunities simpler and more intuitive than ever before.
Key Features:
Seamless Token Discovery: The portal organizes tokens into four dynamic tabs—‘Trending,’ ‘Gainers,’ ‘Losers,’ and ‘Recent’—each offering a unique view of the market:
Trending: This tab highlights tokens that are currently generating the most buzz. By tracking high trading volumes and significant price movements over customizable timeframes, users can quickly identify which tokens are capturing the market’s attention.
Gainers: Users looking for high-ROI opportunities will find this section invaluable. It showcases tokens across all supported chains that have demonstrated notable price increases, offering insight into potentially lucrative investments.
Losers: If you’re interested in tokens that are currently losing value, the ‘Losers’ tab offers a clear view of those experiencing price declines. This insight helps users grasp market corrections and identify potential bargains.
Recent: The ‘Recent’ tab is dedicated to newly launched tokens, perfect for early investors seeking fresh opportunities before they become widely recognized.
Advanced Customization: Personalize the ‘Explore’ portal and refine your token search with advanced filtering options. Adjust the portal based on key parameters such as security audits, marketcap, liquidity, transaction volume, and trading activity. This level of detail ensures you find tokens that align with your specific investment criteria.
Efficient Tracking Tools: The ‘Watchlist’ feature allows users to monitor tokens of particular interest, keeping them easily accessible for ongoing evaluation. Meanwhile, the ‘Positions’ tab provides a comprehensive view of your active trades, helping you manage and track your buy and sell positions with ease.
Did you know? You can personalize the ‘Explore’ portal further by deciding which chains are displayed. You can decide to hide/show selected chains that you would like to trade on.
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The Bullx "Explore" portal is crafted to provide a streamlined and insightful token exploration experience, empowering users to make well-informed decisions in the fast-paced world of multichain cryptocurrencies.
Check out the quick tutorial below to learn how to make the most of the Explore portal.
New Pairs
Bullx is specialized to enable traders spot and capture bullish opportunities with precision and speed, and its "New Pairs" portal is a testament to that focus.This portal is equipped with a range of tools and filters to facilitate secure and timely entry into newly launched tokens, streamlining what would otherwise be a manual and potentially cumbersome process.
Key Features:
Instant Buy Button: Dive into newly launched tokens effortlessly with a single click. The Quick Buy feature utilizes preset parameters such as slippage and advanced gas settings to execute transactions swiftly, giving you an edge in securing optimal positions before others.
Detailed Security Audits: Each token on display is accompanied by a comprehensive security audit score. This feature provides critical safety insights, allowing you to invest with confidence based on robust security evaluations.
Sophisticated Filtering Tools: Customize your token search with advanced filters that address various security aspects. Adjust the display based on factors like social media presence, liquidity, transaction volume, number of trades, holders, and token age. This ensures a tailored investment approach suited to your specific criteria.
Automated Sell Options: Exclusively for Solana-based traders,this feature lets you set automated sell triggers with stop-loss or take-profit presets either before or immediately after a quick buy. This automation enhances your trading strategy by enabling rapid execution of sales in response to market movements, whether you’re online or offline.
The "New Pairs" portal on Bullx is designed to empower you with the tools and insights needed for timely and secure investments in emerging tokens, enhancing your ability to capture bullish crypto opportunities across multiple chains.
Check out the quick tutorial below to learn how to make the most of the ‘New Pairs’ portal.
Trading On Bullx
Whether you're new to trading or a seasoned veteran, Bullx is indispensable for efficient DeFi trading. The advantages of using a sophisticated trading portal with advanced CEFI-level features—such as limit orders, analytical tools, customizable gas presets, and comprehensive security—far outweigh the drawbacks of manual trading through wallets like MetaMask or Phantom. Manual trading is not only cumbersome and slow but also lacks the powerful functionalities that Bullx provides.
This is how the Bullx trading portal looks:
Bullx's trading portal is designed to equip traders with the most sophisticated tools and features, providing a seamless, timely and secure experience in the fast-paced world of DeFi.
Key Features:
Advanced Charting and Analytics: Navigate the markets with precision using Bullx's robust charting tools. Whether you’re identifying trends or timing your entries, these tools are designed to help you analyze market data with accuracy and confidence.
Instant Security Audits and Alerts: Bullx prioritizes your safety with real-time security audits and alerts. Monitor key token contract and distribution parameters, such as mintability, freeze status, decentralization of distribution, and liquidity burns. These insights ensure you can make informed decisions and trade securely.
In-Depth Token-Holder Analysis: Understand the dynamics behind each token with detailed token-holder insights. Track real-time transactions, identify top holders and PnL-based traders, and use wallet labeling to uncover deployer, whale, smart, and insider wallets. This deep analysis empowers you to see who’s influencing the market and adjust your strategies accordingly.
Personalized Trading Portal: Tailor your trading experience with Bullx's versatile portal. Manage manual or automated trades effortlessly, with features like market and limit buys that include advanced gas optimization. Set sophisticated limit buys that execute based on preset market cap targets, ensuring you stay ahead of the curve.
Exclusive Advanced Sell Features: Optimize your trading strategy with Bullx's advanced sell options. Automate take-profit and stop-loss triggers to ensure your trades execute even when you’re offline. Create and deploy multiple strategies, offering you greater flexibility and control over your trading outcomes.
Upcoming Advanced Features:
Bullx is constantly evolving, with new features designed to enhance your trading capabilities:
Copy a DEV Sell: Protect your investments by automatically triggering a sell when the token deployer sells their allocation, allowing you to react swiftly to market changes.
Token Sniper: Secure early positions by sniping new token launches the moment they go live, even when you’re offline, so you never miss an opportunity.
Copy Trading: Replicate the strategies of successful traders by mirroring the activities of specified smart wallets, leveraging their expertise to your advantage.
Iceberg Orders: Distribute large trades across multiple wallets to minimize market impact and maintain discretion, ensuring your strategies remain under the radar.
Ready to experience the sophistication of trading on Bullx? Watch this video tutorial to get started:
Pump Vision
Bullx’s "Pump Vision" portal is crafted to help Solana traders efficiently identify and capitalize on bullish opportunities amidst the high volume of new token launches. Specially designed for navigating tokens from permissionless launchpads like Pumpfun and Moonshot, this portal ensures a streamlined and secure investment experience.
Key Features:
High-Volume Token Tracking: Pumpfun and Moonshot, being permissionless platforms, allow anyone to create contract-safe tokens, often at no cost. This results in thousands of new tokens being launched on Solana daily. While this frequency presents numerous bullish opportunities, it also involves a significant risk of failures or "REKT" situations. The "Pump Vision" portal is designed to help you navigate this landscape with greater ease and safety.
Token Launch Stages:
New Creations: View newly launched tokens from Pumpfun and Moonshot. The Quick Buy button enables you to invest swiftly with preset parameters optimized for rapid execution, allowing you to capitalize on early-stage opportunities.
About To Graduate: This tab highlights tokens that are approaching the liquidity threshold of $69,000 required for listing on Raydium. These tokens have shown some success and are closer to broader exposure, making them a more attractive investment with potentially lower risk.
Graduated: Explore tokens that have graduated from Pumpfun or Moonshot and are now listed on Raydium. With liquidity burned and increased market visibility, these tokens offer significant bullish potential. The Quick Buy button allows for timely investment right after listing to capture the best opportunities.
Advanced Filtering and Customization: Use detailed filters to refine your search based on criteria such as social media activity, token distribution, liquidity, transaction volume, number of trades, holders, and token age. This customization helps you focus on tokens that align with your investment strategy.
Enhanced Security and Personalization: Each token comes with default security audits to ensure safety. You can also personalize your experience by selecting which launchpad tokens to display and applying filters to suit your needs.
Comprehensive Trading Experience: For a more detailed approach, clicking on a token provides access to a full trading portal with advanced analytics and robust trading options, giving you deeper insights and control over your investments.
The "Pump Vision" portal by Bullx is dedicated to providing a safer, more efficient way for Solana traders to navigate the dynamic landscape of new token launches and capture promising investment opportunities with confidence.
Automation
Now that you have started trading and have open automated trading positions for instance a preset take-profit order, making use of Bullx’s automated trading features, you would love a sophisticated UI where on your can manage your automations, this could include automations a range of automation presents spanning across multiple token positions a. In the quick tutorial below, you will learn how to make optimal use of the Bullx automation portal.
Airdrop
One of the standout benefits of using Bullx, beyond its advanced trading features, is the opportunity to earn $BULLX tokens through our upcoming airdrop. In just a few months, 110 million $BULLX tokens will be distributed to active Bullx users based on their trading activity.
How It Works:
For every dollar of trading volume you generate on Bullx, you earn 1 airdrop point, tracked daily. You can further boost your earnings with leaderboard multipliers:
Top 10: 1.7x multiplier
Top 100: 1.5x multiplier
Top 500: 1.3x multiplier
Top 1000: 1.2x multiplier
Maximize your rewards by making Bullx your default trading platform across multiple chains, including Solana, Base, Ethereum, Blast, Arbitrum, and Binance Smart Chain.
Whenever you're ready to trade a token, enter its contract address into Bullx. Conduct thorough due diligence using Bullx's powerful tools, execute trades with speed and automation, and earn $BULLX tokens—all while enjoying a seamless trading experience.
Airdrop Campaign Details:
The airdrop campaign is already underway and will continue until September 18th, 2024. With 85 million tokens still up for grabs, there’s plenty of opportunity to earn your share.
Of these tokens, 70 million $BULLX are allocated to traders, while an additional 5 million $BULLX are reserved for participants in the Bullx referral program. By sharing Bullx with others using your unique referral link, you can earn extra rewards.
Bullx is currently an invite-only platform. When your invitees use your referral, they can start using Bullx immediately and enjoy a 10% discount on platform trading fees.
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Each day you trade on Bullx, your volume contributes to your airdrop points. Monitor your leaderboard position and airdrop points by visiting the Airdrop Portal, as shown in the image below.
Wondering how the remaining 10 million $BULLX tokens will be distributed? Stay tuned for a secret event, yet to be revealed, where this portion of the supply will be allocated based on undisclosed criteria. Remaining an active Bullx user is a smart move—you never know, loyalty might just be the key.
For more details on the $BULLX airdrop mechanics, check out the images below:
Partner Referral
If you haven’t heard, Bullx offers one of the most lucrative referral programs in Web3, sharing a significant portion of its revenue with affiliates. This program has been a key driver of Bullx's unprecedented growth, with a waitlist of over 300,000 users and more than $30 million in daily Solana trading volume, which continues to grow consistently.
The image below outlines the structure of their referral program.
Anyone can join the Bullx referral program from day one and start earning commissions from platform fees generated by their invitees' daily trading volume. Additionally, since Bullx is currently invite-only, your invitees can gain immediate access to the platform and enjoy a 10% discount on trading fees.
Ready to join the Bullx partner program? If you haven’t started using Bullx yet, you can sign up here. Once you're in, access the partner referral portal to get your unique invite link to share with friends, as shown in the image below:
Conclusion
trading in DEFI is quite more complex than it is in CEFI for the newbie. Not only is it quite unsafe considering anyone can create a token on the blockchain without incubation, millions of tokens that you are about to trade exposing you to unsafety without due diligence unlike a cex where there fewer token options th but there are limits. Typically, without Bullx, you will Bullx provides similar advanced features and UX but also some extra-advanced features necessary in the more complicated DEFI scene.
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