FAQ
Frequently asked Questions
What is PUMPFARMER?
PUMPFARMER is an automated cryptocurrency trading bot that provides sophisticated trading capabilities across multiple chains including Solana, Ethereum/EVM, and HyperLiquid.
Which chains are supported?
Live Trading is supported on:
Solana (PumpFun and Raydium)
Ethereum & EVMs
HyperLiquid (Perps, Spot and HyperEVM)
Binance Smart Chain (Four.Meme)
Paper Trading is supported on Solana only, but other chains coming soon.
Paper Trading
What is paper trading?
Paper trading is a simulation mode that allows you to practice trading with virtual funds (10 SOL) without risking real money. It's perfect for learning the bot's features and testing strategies.
How do I start paper trading?
Click "Settings"
Select "Paper Trading"
Click "Enable Paper Trading"
Receive 10 SOL in simulated funds
Is paper trading completely risk-free?
Yes, paper trading uses simulated funds only. No real assets are at risk during paper trading.
Security
Is 2FA mandatory?
No, but highly recommended if you do live trading! When activated, your two-factor authentication code is required for:
Restoring access to Telegram if you lost access
Starting/Stopping Live Trading
Withdrawing Funds
What if I lose access to my account or my Telegram is compromised?
If your telegram account is compromised or you lost access to it, there is still hope! If you had 2FA enabled in the settings, you can restore your trading bot wallets and settings on a new Telegram account.
On your old Telegram account (if you still have access):
Lock your account (Settings > Other > Emergency Lock)
Contact support
On your new Telegram account:
Open our Telegram bot
Restore your account (Settings > Other > Restore Account)
Enter your 2FA recovery code
How secure are my wallets?
We implement multiple security layers:
2FA verification for critical operations
Individual chain-specific wallets
Secure profit vault system
Private keys and wallet credentials are stored 2048bit encrypted in a secrets vault. This machine is not accessible from the public internet and secured by common practices for secret key-value storage systems.
Live Trading
How much does it cost?
Our trading bot can be setup for free, but you need to request an invite first.
5% Profit Share: This fee is applicable on profitable trades only. Example: For a trade with $8.06 (11.96%) profit we charge you a 5% profit share fee of $0.40. Your final NET profit is $7.66!
No transaction fees, no hidden fees.
What is the minimum trade size?
3% of equity (Default/Recommended)
5% of equity (Moderate)
10% of equity (Maximum)
How are positions managed?
Position management options:
Close Positions: 25%, 50%, or 100% (Default)
Sell Behavior: Automatic (Default) or Manual
What's the average bot performance?
Currently (Feb 2025) our metrics average around
Win Rate: 62%
Average Win: $31.41
Average Loss: $10.64
Profit Factor: 2.95
Daily Trades: 1862
Wallet Management
How many wallet types are available?
User accounts have 6 different wallets types:
Paper Trading Wallet (10 SOL initial balance)
SOL Wallet (Solana live trading)
ETH/Base Wallet (EVM live trading)
BNB Wallet (BSC live trading)
Hype Wallet (HyperEVM, live trading)
Stablecoin Vault (USDC, USDT, DAI)
How do I secure my profits?
Either withdraw profits directly to your personal wallets, or use the Stablecoin Vault:
Supports USDC, USDT and DAI on all chains
Is not used by trading bots
Can be swapped to any token across multiple chains
Coming Soon: Liquid Staking Option
How do deposits work?
Deposit the native token on the desired chain Example: SOL for Solana, BNB for Binance Smart Chain, etc.
If you ever send a wrong crypto/token to your trading wallet, relax and don't worry. The bot automatically swaps unsupported assets to USDC and moves them to your Stablecoin vault.
How do withdrawals work?
You can move funds without limits or restrictions:
You can withdraw your funds directly with any web3 browser wallet (if you imported the wallet)
You can initiate a withdrawal anytime from within the telegram bot,
Withdrawal transactions are instant since they are not reviewed by us. This is why we recommend you to enable 2FA Security in your bot settings to avoid unauthorized access.
Best Practices
What are the recommended settings for beginners?
If you are new, start with:
Paper trading mode
3% Equity per trade
100% Position Exit
Automatic Sell Enabled
Single chain focus initially
How should I start trading?
Begin with paper trading
Use default settings
Monitor closely
Learn bot functionalities
Start with one chain before expanding
🆘 Need Help?
If you need help or you have questions, don't hesitate to contact us:
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