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Introducing Meme Mode

OKX Learn

Published on Jul 22, 2024

Updated on Jul 22, 2024

2 min read

Act fast on the latest meme meta, keep full control of your tokens

Cats, dogs, frogs, wifhats and now, politicians.

The Solana memecoin market cap now exceeds $7 billion. Fresh meta and coins evolve on a daily basis and token liquidity moves up and down at the speed of light.

To participate effectively in memecoin trading, many traders are turning to Telegram bots for discovering, sniping, buying, and selling memecoins.

However, few are aware of the risks.

Did you know, for example, that most Telegram trading bots use centralized (offchain) solutions that hold custody of your assets?

Meme Mode: super fast and self-custodial

Today we introduce Meme Mode on OKX Wallet. A super fast, self-custodial way to buy and sell Solana memecoins, with zero fees.

Here are three things to know about Meme Mode:

1. Instant buys and sells

You can quickly buy and sell Solana memecoins in one tap.

Use preset amounts of SOL
Low rates of failure, super-fast transaction speeds
Customize your slippage and priority settings

2. Self-Custody

Maintain full self custody of your memecoins. Unlike most meme trading bots that use a custodial centralized exchange, with OKX Wallet, only you control your seed phrase and private keys.

3. Zero Fees

You'll pay zero fees when you trade using Meme Mode, in contrast to most meme trading bots that charge approximately 1% per trade. And what's more, you can swap memecoins from any of OKX's 100 supported chains on the OKX DEX, including Ethereum, EVM, Base, Bitcoin, Cosmos, Solana, and many more.

Some features to look out for

Buy in an instant using preset amounts of Solana

Meme Mode Custom Slippage and Priority Fees

Set custom slippage and priority fees to execute trades based on your own preferences

Sell in an instant based on preset percentages of your holdings

Explore OKX Wallet today, a single point of access to swap memecoins on Solana and up to 100 different blockchains.

Disclaimer

This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto/digital assets, or (iii) financial, accounting, legal, or tax advice. Crypto/digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein.

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