Using a DeFi Sniper Bot Safely: Protect from Hacks, Scams and Frauds
Learn how to use DeFi sniper bots safely to protect your investments. Discover best practices to avoid hacks, scams, and frauds while navigating the DeFi ecosystem.
Software developers are really good at making sure one function interacts with another to achieve a desired result. What they sometimes, unfortunately, forget is that software has to communicate not only with other software and hardware but also with humans. And human interfaces are another game entirely. Let’s look at creating a good web3 experience in the context of crypto sniping.
Crypto markets have no trading hours or geographic boundaries. With millions of traders competing for the same opportunities, fortune often favors the quickest. And this means using bots, which don’t sleep, blink, or hesitate. Sniping bots in particular are famous for allowing their users to grab a newly listed crypto token before most people are even aware of the listing. This allows snipers to buy low and ride the hype wave into a potentially very lucrative profit, often in a matter of minutes.
Web3 UI/UX design is important now. But that was not always the case. The blockchain revolution was started by engineers who, by their nature, are much more tech-savvy than the average person. They could thus skim on or entirely skip UX design. But if Web3 is really about democratizing everything from finance to governance, it needs to be accessible to all. This means a simple and intuitive user experience without steep onboarding. One doesn’t have to look too hard for examples.
The first crypto wallet, Bitcoin Core, ran on Linux. A bug resulted in the first-ever transaction sent to it ending up unspendable. (That transaction was for 50 BTC, btw, today worth about $3M.)
Today, there are hundreds — if not thousands — of crypto wallets for trading all kinds of web3 crypto tokens. They come as browser add-ons, web interfaces, desktop apps, mobile apps, hardware wallets, paper wallets, and more. Some wallets warn you about transactions potentially not going through or about you possibly being scammed. Some wallets use biometrics or other convenient ways to log in. Pretty much all of them look a lot more like a user friendly crypto wallet and a lot less intimidating than the earlier attempts.
Or look at the Curve.fi web3 crypto project — the OG Automated Market Maker (AMM) and liquidity pool platform for what we now know as DeFi. The original UX design was so primitive and confusing that it almost became a symbol of what a user friendly crypto exchange does not look like. It surprised no one when competitors emerged and overtook Curve by TVL and active user volumes. (Even the notoriously stubborn-to-change Curve vastly rehauled its UX recently to be more human-friendly, perhaps trying again to become the most used crypto trading platform outside of the big centralized exchanges).
These are just a couple of examples of UI and UX evolution in Web3. Ultimately, software is built for human users and needs to be human-friendly.
Crypto trading is already complicated enough with all the market uncertainties. Trading tools should thus be as simple and precise as possible, to minimize frustration, wasted time, and potential for error.
Specifically for crypto sniping bots, one big and extremely frustrating issue is orders not getting executed, leaving the user wondering what went wrong and seeing an opportunity pass him by. And this is if the user is able to place the order in the first place: too often, the sniping bots currently on the market are too technically complex for the average user to make good use of their functions.
The Noti sniping bot is a user friendly crypto app that solves both of these problems by giving users a human-centric, intuitive interface that anyone can use — no technical knowledge required. Noti already has excellent order execution success, but the friendly UI makes it even more successful by reducing accidental errors due to misunderstanding how a function works.
The importance of understanding the user experience in Web3 UX design cannot be overstated. Especially now when so many different projects compete for the same functions: Aave vs Comp for lending/borrowing, dYdX vs Hyperliquid vs Polynomial for derivatives trading, and so on. Each of the latter, for example, is an intuitive and user-friendly crypto derivatives trading platform — but some are better than others in ways that get it to dominate the market. It’s not sustainable to lure users in with better APR or lower fees. Users may come for the marketing incentives but stay for good UX. Period.
Noti's design enhances trading efficiency by saving users hours of figuring out complex settings. It gives users confidence that the order they are placing is the order they want executed. With Noti sniper bot’s approach to execution that gets its users’ orders in before those of rival bots, its human-centric design helps users get from spotting an opportunity to capitalizing on it quicker and more confidently than ever.
Talking in general about the Noti sniping platform, it is now time to get into the specifics in order to fully understand its power.
User-friendly design and easy navigation really are at the center of the Noti experience. In developing the interface, one of the main questions asked was “How can we reduce the number of steps for every process?”
With this user-centric attitude, the Noti team was able to make sniping as easy as:
Simplicity reduces both mistakes and user churn. Meanwhile, with other tools, there are all these unnecessary levels of complexity that turn away people who are not sure about how to use crypto trading bots. Coupled with technical glitches, they result in failed or wrong transactions and frustrated users.
As can be seen above, NOTI simplifies crypto sniping by eliminating as many possibilities for errors or confusion as possible. It also helps that Noti has an AI-powered prediction engine, lists of popular tokens to snipe, MEV and rug pull protection, and other behind-the-scenes ways to not only give users the best sniping opportunity but to also protect them against front-running and dishonest teams.
Overall, the main benefit of a simple trading platform is that it saves the user time and money. It is beneficial for the platform itself as well since few people will stick around with a tool that is too confusing to use.
One of the most overlooked advantages of the Noti Sniping platform is its integration with centralized exchanges, which are, after all, the most used crypto platforms. Current sniping bots focus on decentralized exchanges, yet the hottest listings happen on the centralized ones. Here, Noti is truly providing an enhanced sniping experience, finally giving bot users access to the treasure trove of potential snipes.
Even in its closed beta testing stage, Noti is already investing many resources into Improved user engagement and satisfaction, creating feedback loops that directly influence the development of the bot. Because user satisfaction is so fundamental to Noti’s mission, two-way communication with users and community members will continue to be a cornerstone of Noti’s pioneering approach to sniping bot UX.
Here is a quick section answering some of the most common questions about Noti.
Faster snipes that get user orders ahead of other bots, AI-powered predictive engine, active MEV and rug pull protection (Noti will proactively sell an asset on its users’ behalf if rug pull activity is detected), and — as discussed above — human-centric UX design that makes using Noti easy and fun rather than frustrating and confusing.
Noti makes Web3 trading accessible to anyone — even without technical knowledge. It makes placing an order easier and gives users more confidence that the order will be executed as desired.
Absolutely. Noti’s simplicity of design combined with the under-the-hood complexity of the capabilities makes it the ideal simple crypto trading bot for beginners and experts alike.
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