Original title: “Zero-basics Playing BSC Chain: From Chain Sweeping, Monitoring to Trading”

Original author: Zi Bu, Encrypted KOL

Cz(@cz_binance) started shouting $TST sheepishly, and now he is pushing up his pet dog. It seems that he really wants to make meme on BSC. So, how to play meme on BSC? If a worker wants to do a good job, he must first sharpen his tools. This article will introduce the tools that can be used from the various processes involved.

1. Sweeping the chain

The pump platform on BSC is https://four.meme/. We can view the coins in the internal market on the [Board] page and filter them according to various conditions; we can also view the market value list and 24-hour trading volume list on the [Ranking] page.

2. On-chain tools

In addition to chain sweeping, we can use many on-chain tools to help us filter coins, mainly based on indicators such as market value/pool, transaction volume, transaction number, creation time, etc. There are mainly the following commonly used on-chain tools:

1、UniversalX

Website: universalx.app

UniversalX (@UseUniversalX) is the first official application of Particle Network (@ParticleNtwrk). It can seamlessly call full-chain assets without the need for manual bridging or gas management. UniversalX currently supports Solana, BSC and 13 other mainstream EVM chains. UniversalX also supports mobile, and App Stroe and Google Play are available on shelves.

On the homepage of UniversalX, select “BNB Chain” and press “New”,”Growth”, and “Prosperity” in the “Radar” section to select coins for different periods. The main filtering indicators are market value, holders, transaction volume, and liquidity. You can pay more attention to “new products” when you are in the new category, and you can pay more attention to “growth” when you are in the second category.”Prosperity” mainly refers to old currencies that have been in line for a long time.

[Highlights] There are four lists for the functions, including “Trend”,”Increase List”,”Decline List” and “New Currency”. Among them,”Trends”,”Increase List”, and “New Currency” can be focused on.

UniversalX also lists the coins on Binance Alpha, which can be viewed by the full chain or only a certain chain, such as the coins of the BSC chain. This feature is better than Binance Wallet, which cannot be filtered by chain.

2、debot

Website: debot.ai

Debot mainly has two sections: “New Opening” and “Hot”. The [New Opening] section is a new coin issued within 24 hours. It can be filtered according to indicators such as time period, market value, turnover, and transaction number. Its advantage is that it has an additional indicator of “wallet number”.

The [Hot] section filters all online currencies based on popularity, and the screening indicators are similar to those of the [New Opening] section.

3、gmgn

Website: gmgn.ai

Gmgn just supported BSC chains some time ago, and was also forwarded and quoted by cz. The BSC chain of gmgn mainly consists of two sections: “New Currency” and “Hot”, similar to debot. The [New Coins] section is also new coins that come out within 24 hours, and can be filtered by time, with a more detailed granularity; security testing also supports filtering. It is common for some coins on EVM to not open source, waive, or lock the pool when they first open, so supporting filtering is really practical; other indicators are common, as shown in the figure

The [Popular] section filters all online currencies based on popularity, and the filtering indicators are similar to the [New Coins] section.

Gmgn also designed the “Next Blue Chip” function on the BSC chain, but there is no data yet. Compared with this function on the SOLANA chain, it is roughly a selection of some potential coins, and you can focus on it here after subsequent launches.

When looking at the line, a new function has been added to the “Holder” section of gmgn, which can intuitively see the changes of the holder, the per capita amount of money held, and the Top100 average purchase price, which is used to quickly measure the holder’s basic situation is very convenient. There will be a progress bar below each holder’s address to display the remaining positions at the current address. It is a very intuitive and practical function.

4、okx

Website: www.okwww.gushiio.com

Okx is relatively comprehensive and supports various chains, including BSC chains. Compared with the Web3 wallet, the webpage is more functional and can be filtered based on time, popularity, most searched, and latest indicators.

5、ave

Website: ave.ai

ave is an old tool. It has been widely used since the last bull market. It supports multiple chains and also has apps for easy viewing of the line. The functions of BSC chain support four sections: [Hot Search List],[New Opening List],[Increase List], and [Included List]. Each section can be filtered by different indicators. Some indicators can only be filtered and cannot be sorted to see which one personal habits like.

ave has a separate section for the coins of Four.meme, which supports five sections: [Hot Internal Trading],[New Internal Trading],[Soon to be Full],[New External Trading], and [Hot External Trading]. It’s still good to use it to scan chains. It feels much more comfortable than the official website’s chain scanning. I hope other tools will follow up as soon as possible.

6. Eagle

Website: dexscreener.com

Like ave, Eagle is an old tool and supports many chains. Eagle supports filtering by indicators such as time period, trend, TOP trading volume/number of transactions, income, and new pool. It can also customize various filtering conditions. Overall, indicators are very rich. Previously, I used Eagle’s filtering indicators to run data from several years and made many strategies.

The advantage of the eagle is that it is large and comprehensive. The disadvantage is that the k-line is not so fast and will be a few seconds later than other tools. His multiharts function is particularly easy to use, especially suitable for tracking multiple coins. Some tools also have this function, but none of them are as good as Eagle’s, although Eagle’s also has some improvements.

3. How to find smart money

Monitoring smart money is an effective way to obtain early golden dogs and hot coins on the current chain. Everyone uses it more on sol. The BSC chain has been silent for too long, and many people around us have not accumulated smart money in the BSC chain. So how should we find smart money?

The first is to use EVM to chain smart money from other chains, such as ETH chain and BASE chain, to see if the smart money on these chains is active on the BSC chain. If it remains active, it can be used directly. The second is to use existing tools to analyze the emergence of golden dogs and find smart money.

1、debot

Website: debot.ai

Enter the CA of the coin you want to analyze in the debot, and open the “Trading Analysis” at the bottom. We focus on the two parts: “Top Positions” and “Top Returns”. Among them,[Top Positions] is a list of addresses where the Top100 positions are held, and [Top Returns] is a list of the most profitable addresses of the Top100.

Click on any address, and detailed profit data and transaction records of this address will appear on the right side of the interface.

If we want to see the overall profit data, recent profits and losses, token holdings, and recent transaction records of an address, we can also enter this address into the search box to see the detailed data.

2、gmgn

Website: gmgn.ai

Enter the CA of the analytical coin in gmgn. Please refer to the “Trader” and “Holder” sections at the bottom.

[Traders] is a list of the most profitable addresses in the Top 100, which are classified by “Smart Money”,”KOL/VC”,”New Wallet”,”Developer”,”Mouse Warehouse”,”Fishing Wallet”, and “Bot Degen”. We can sort them according to indicators such as “total profit”,”realized profit”, and “unrealized profit” to screen smart money that meets our own standards.

[Holders] is a list of addresses where Top100 holds positions, classified by “Smart Money”,”KOL/VC”,”Blue Chip Holder”,”New Wallet”,”Developer”,”Mouse Warehouse”,”Fishing Wallet”,”Bot Degen”. We can sort by “capital injection/quantity” and “total profit” to screen qualified smart money.

Click on any address, and detailed profit data and transaction records of this address will appear on the right side of the interface.

Currently, gmgn does not support analyzing the overall profitability and historical data of a certain address. I hope gmgn can increase support as soon as possible.

3、ave

Website: ave.ai

ave also has an analysis of [Holders] and [Top Traders]. [Holders] is a list of Top100 position positions, which are divided into “Smart Money”,”DEV”, and “Sniper”.

When we click on the filter button behind the address, we can see the profit and transaction data of this address in this currency.

[Top Traders] Currently, only the top 15 profitable addresses are listed, and the data is limited

4. Eagle

Website: dexscreener.com

Eagle’s Top Traders section lists the top 100 most profitable addresses, which can be sorted by total profit and unrealized profit. The display information is limited and is not as useful as debot and gmgn functions.

4. Monitoring smart money

With smart money, we need to monitor it so that we can know what coins these powerful people on the chain are playing with as soon as possible. When it comes to monitoring, debot is recommended. Debot is the most functional and granular monitoring product currently used. There are two types of wallet monitoring for debot: wallet behavior monitoring and wallet group behavior monitoring, as shown in the figure

1. Wallet behavior monitoring

This monitoring is a common monitoring that all tools have, but other tools use monitoring to push all addresses to one tg group. The advantage of debot is that it can group addresses and then push them to different tg groups according to the grouping situation, as shown in the figure.

In this way, different tg groups can be established to push according to the bidding situation, such as internal players, external players, focus on addresses, etc. Tools that can rank monitoring information are good tools. When using abot to monitor before, in order to achieve the effect of group push, I would mark the address first. Then, after receiving the monitoring message, the tg group would conduct secondary development and conduct secondary distribution based on the marking. Now with debot, there is no need to do secondary development.

2. Wallet group behavior monitoring

If we monitor many addresses, there is an unavoidable problem: too many push messages. If there is too much information that the human brain cannot process, it will want to mess it up, thus losing the meaning of monitoring. Regarding this problem, my previous strategy was to do secondary development of the pushed message, setting it to push it when the number of different addresses reaches a certain number within a certain period of time. For example, if there are 5 different addresses buying within 30 minutes, push it. I have been using this strategy for about a year, and the effect is very good. It reduces a lot of news while not missing out on popular coins.

Debot’s wallet grouping behavior monitoring just implements my strategy above, and it is done more finely and has a finer indicator granularity, as shown in the figure. We can monitor based on buying and selling, and can set the monitoring time period, transaction amount, notification frequency, and market value. It can fully meet various monitoring needs, and this function is highly recommended.

3. Group trading tokens and recent transactions

After debot monitors the import of smart money, we can view [Group Trading Tokens] and [Recent Transactions] by group in [Observation Group]. [Group Trading Tokens] lists all the coins traded by smart money in this group during a certain time period, such as 24 hours, and can be filtered and sorted according to different indicators. This feature is very useful when we are not keeping an eye on real-time monitoring messages of smart money and want to know which coins the smart money bought.

[Recent Transactions] lists the transaction records of smart money in this group, sorted by time.

4. Position details and transaction details

After debot monitors and imports smart money, we can see the “Position Details” and “Transaction Details” in the “My Observations” section of the currency’s K-line page. [Position Details] lists the data of all smart money that have traded in this currency, which can be sorted and filtered according to various indicators, making it convenient for us to check which smart money has already entered the market.

[Transaction Details] lists each transaction record of all smart money traded in this coin in chronological order, which can be in positive or reverse order. In this way, when we want to know which address in our smart money bought the coin first, we can sort it in positive order. The first transaction is, this function is very practical and can filter out the smart money with the fastest news.

5. Safety inspection tools

A big problem with the EVM chain is that it is easy to encounter Pixiu. It is a must-do operation to conduct a security check before buying. These are the main common security inspection tools.

1、goplus

Website: gopluslabs.io

Goplus is a security inspection tool that emerged in the last bull market, and Binance Labs invested. At present, many tools connect with goplus’s functions. They can use web versions or plug-ins. They also provide external security check APIs. If you write scripts and run strategies, you can consider APIs.

2、honeypot.is

Website: honeypot.is

honeypot.is was popular in the last bull market and was relatively accurate in terms of safety inspections. His home also has an api.

3、tokensniffer

Website: tokensniffer.com/

Tokenniffer is also a well-established security inspection tool. Because there are many routines on EVM, there are various pits and various variants of Pixiu, multiple tools can be used together to prevent losses caused by problems with a single tool.

6. Transactions

The BSC chain was very popular in the last bull market. Many trading tools used at that time have now been suspended. Fortunately, more trading tools have emerged now. Here are some popular tools that are currently popular.

1、UniversalX

Website: universalx.app

UniversalX is an on-chain CEX that can use the balances of all chains to conduct transactions. You can trade when you have usdt, usdc, eth, btc, and sol in your account. Currently, you support regular buying and selling, and later you will add functions such as internal orders and limit orders. The advantage of UniversalX is that after chain-independent, basic tokens, you can trade coins on 15 chains. It is especially useful when there are no coins in other chains and the exchange card is withdrawn. In addition, UniversalX’s online viewing speed and transaction speed are very fast, automatically anti-pinch, and supports mobile terminals, making transactions on mobile phones very convenient.

In addition, UniversalX’s transaction fees for mainstream currencies have been reduced to 1,000 yuan, which is consistent with CEX, including $AI16Z,$Fartcoin,$ARC,$AIXBT,$TST, etc. Because of Binance Labs ‘investment, they expect to issue coins this year. Trading on UniversalX is equivalent to interacting with expectations of airdrops.

2、debot

Website: debot.ai

Debot’s trading supports BSC chain. Currently, it supports basic buying and selling, and will be equipped with anti-pinch function in the future. One of the advantages of using debot to trade is that it can display all the pools of current coins. This function currently shows the most comprehensive display of debot, which makes it convenient for us to select different pools for trading. Debot has a mobile terminal, which allows for convenient and quick transactions.

3、gmgn

Website: gmgn.ai/

Gmgn already supports BSC chains and currently supports basic buying and selling. The advantage of using gmgn is that its data analysis function can be easily utilized, and the basic data of the holder is clearly displayed. Gmgn supports mobile terminals.

4、okx

Website: www.okwww.gushiio.com

Okx is a large platform that supports basic buying and selling. The advantage is multi-platform coverage, supporting web, plug-in and mobile terminals.

5、PinkPunk

Link: www.gushiio.com/PinkPunkTradingBot

Pink Pig is an old TG bot that supports multiple chains. The advantage is that in addition to realizing basic trading, it also supports pending orders and sniper attacks, and the speed is also relatively fast.

If this article is useful to everyone, you are welcome to support it with one click and three links

Trading instruments:

The strongest AI signal trading and monitoring tool debot

https://debot.ai

Trading analysis has everything gmgn

https://www.gushiio.com/gmgnaibot

Alternative trading tool xxyy

https://pro.xxyy.io

Full-chain trading platform UniversalX

https://universalx.app

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