The best way to begin is to open the GMGN Telegram bot, which automatically applies the referral connection and generates your dedicated Solana trading wallet upon first start.
The GMGN Telegram bot is a fast execution terminal designed for trading Solana tokens directly through chat commands. It bypasses standard web-based decentralized exchanges, allowing you to buy and sell instantly by pasting a contract address into the chat. Because speed is the primary feature, the bot creates and holds the private keys for a custodial wallet linked to your Telegram profile. This setup removes the need for manual transaction approvals, but requires you to trust the bot's servers with your capital.
To execute your first trade, follow a strict sequence to protect your funds. First, save the private key the bot provides during initialization; this is your only backup if the bot goes offline. Next, deposit a small amount of SOL to the provided public address to fund your trading and cover network gas. When you are ready to trade, paste the smart contract address of the token into the chat. The bot instantly pulls the current price, liquidity depth, and contract warnings. Click the designated "Buy" button for your preferred amount, and the bot signs and broadcasts the transaction in milliseconds.
Every successful trade incurs a 1% service fee on both buys and sells, which is deducted automatically from your output tokens. This fee is on top of standard Solana network costs. To manage risk, always configure your slippage settings before trading highly volatile token launches, and withdraw your profits regularly to a non-custodial hardware wallet. Never treat a Telegram trading bot as a secure long-term storage solution for your cryptocurrency portfolio.
Full walkthrough: How to Use GMGN Telegram Bot: Setup, Fees, and First Trade