top of page

Discover BullX: The Leading Meme Coin Trading Platform on Solana and Beyond



BullX meme coin trading

BullX is a newer meme coin trading platform, but it's fast becoming the favorite of crypto traders. Its slick user interface allows traders to spot meme coins before they pump and execute lightning-fast trades across multiple blockchains (including Solana and Base) while steering clear of rug pulls and scams. BullX has also suggested there will be an airdrop for early users.

​


Navigating BullX's Memecoin Trading Windows

BullX has two windows that help traders identify potentially profitable meme coins. The first is New Pairs, which displays new meme coins the moment they are created. If you're trying to spot a token gaining momentum, you can easily check a coin's Market Cap, number of swaps, and total volume.


BullX New Pairs Meme Coin Window

BullX Meme Coin Audit Window
Memecoin Audit Report

The New Pairs screen even has a feature to help you avoid rug pulls. It automatically scans the blockchain for red flags that suggest the meme coin is a scam and displays them in the Audit Report column using simple-to-understand green and red lights. Green means it's safe, and red means it's risky.

​

Clicking on one of the tokens opens its candlestick chart. Here, you can view the token's price history, trade history, top holders, and top traders. You can also view a more detailed token audit report by clicking "audit" in the top right.


Pump Vision

Pump Vision is another window that allows traders to spot new coins before they moon. The appropriately named Pump Vision screen enables traders to see all the coins trending on the meme coin creation platforms, Pump.fun and Moonshot, by breaking them up into three categories based on the trading volume they've reached: new tokens, about to graduate to a Raydium liquidity pool, and already graduated.


BullX Meme Coin Pump Vision byllx billx

Creating a BullX Account

​BullX uses your Telegram login to create your account, so you'll need a Telegram account to use BullX. Once your account is created, BullX will create a new wallet for you. You'll have 48 hours to download the private keys, so be sure you download your keys and store them somewhere safe and off your computer (like a piece of paper or USB drive).


BullX Early Access Referral Code


BullX currently has a long waiting list to join, but if you use this early access referral link, you can join today and receive a 10% fee discount on all your trades:



After logging in to BullX, check out the three short tutorial videos under the Academy tab on the left. They provide an excellent overview of BullX's trading tools and how to use them.


What You Gain by Paying BullX Fees


BullX provides memecoin traders with unmatched execution speed, but that speed comes with associated costs. To ensure your trades are prioritized, BullX pays Solana validators both priority fees and bribe fees, ensuring your transactions are always at the front of the queue. Here’s a breakdown of the fees involved:


Priority Fee

A fee directly included in your transaction to incentivize Solana validators to process it ahead of others in the mempool (transaction queue).


Bribe Fee

An additional, informal incentive offered to Solana validators outside the protocol’s native fee structure. Unlike priority fees, bribe fees are not natively supported by Solana. Instead, they involve off-chain agreements offered to validators.


Other Fees

  1. PumpFun Protocol Fee: BullX pays a standard 1% fee to PumpFun for enabling trades on their platform.

  2. BullX Trading Fee: BullX charges a 0.9% fee on every trade executed on the platform.


How These Fees Impact Your Trades

As some memecoin traders on Reddit and Discord have noted, these combined fees can add up quickly, especially for small trades. In some cases, the fees might even offset any profits, particularly if the memecoin appreciates only slightly.

For example:


  • On a 0.05 SOL trade with a 50% profit, you would expect to earn 0.025 SOL, resulting in a total of 0.075 SOL.

  • However, after factoring in the priority fee, bribe fee, PumpFun fee, and BullX fee (which can total 0.02–0.03 SOL per buy and sell transaction), you might break even or even incur a small loss despite what appeared to be a winning trade.


When to Use BullX

If you’re making very small trades, the cumulative fees on BullX might reduce your profits, making it a less appealing option. However, for moderate to large trades, BullX offers a significant advantage by prioritizing and speeding up your transactions, helping you stay ahead in the fast-paced memecoin market.


That said, BullX allows you to customize its trading fees, giving you the flexibility to reduce your costs as needed.


How to Adjust BullX's Memecoin Trading Fee Settings


BullX Meme coin trading window

If trade execution speed isn’t your top priority and you’d like to lower your fees, BullX makes it easy to customize your fee settings. To begin, click on the token you want to trade. This will open the charting window, with the "Place Order" screen located on the right side.


Within the "Place Order" section, locate and click on the middle panel labeled "Gas". Here, you can adjust both the priority fee and the bribery fee to suit your preferences. If desired, you can even set the bribery fee to zero.


BullX Settings priority fee bribery MEV slippage

Keep in mind that buy and sell settings are configured independently. You’ll need to customize each one separately for complete control over your trading experience.


In addition to the priority fee and bribery fee settings, there are two other crucial options to understand: slippage and MEV protection.


Slippage

Slippage happens when the price at which your trade is executed differs from the price you expected, often due to market volatility or low liquidity. This is particularly common with meme coins — especially new ones — which typically have very low liquidity and are highly susceptible to slippage. BullX sets a default slippage rate of 30% to ensure your trades are executed promptly. However, if you’re comfortable with the possibility of occasional trade failures, you can lower the slippage rate to save on costs.


MEV Protection

MEV (Maximal Extractable Value) refers to the profits blockchain validators or miners can extract by reordering, inserting, or censoring transactions within a block. In simple terms, validators exploit the price difference between your trade offer and that of your counterparty to make a profit.


To help protect traders from unnecessary losses caused by MEV exploitation, BullX includes an MEV protection feature. By default, this setting is turned off, but you can easily enable it to safeguard your trades.


BullX NEO


BullX recently unveiled a preview of their upcoming platform update, BullX NEO. While the official release date hasn't been announced, this enhanced meme coin trading platform is expected to launch soon.


The video highlights several exciting updates, including the addition of a seventh blockchain to the app — Tron.


In a recent Discord post, the BullX team also shared more details about the new features, explaining that...


What is BullX NEO?

BullX NEO is a revolutionary upgrade to the BullX platform, built from the ground up to transform how you trade on Solana and other chains. With 30+ new critical features, NEO will enhance every aspect of token trading. Features include multi-wallet tracking, advanced multi-chain trading, multi-chart views, 8+ types of advanced orders, and much more.


Key Features of BullX NEO:

  • Fully integrated with Telegram for seamless trading both on web and TG bot.

  • Manage multiple accounts effortlessly under a single Telegram login.

  • Experience unparalleled multi-wallet trading with smart routing across multiple - wallets, making it as simple as trading with a single wallet.


BullX Hyper Router

BullX Hyper Router is engineered to eliminate the need for manually configuring gas fees. It dynamically optimizes your transactions in real time, ensuring the fastest execution speeds with minimal effort.


SOL-exclusive, the Hyper Router intelligently selects the most efficient routes, minimizing price impact and maximizing value. Every transaction is routed on the fly, fully protected against MEV attacks, ensuring a smooth and secure trading experience.


Routing for your transactions is determined on the fly; while fully ensuring MEV protected transactions, the hyper router is capable of executing these transactions 3-4x faster than other bots.


When BullX announces a date that Neo will be publicly released, we'll update this post.


Feel free to send us a note if you have any questions, comments or suggestions.

Thanks for submitting!

© 2024 by Sol Spotlight

bottom of page