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FAQ: Using the Platform

This covers wallet setup, transactions, trading, and details on our bonding curve mechanism.

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Written by Rocko John
Updated over a week ago

1. What happens to the tokens when I buy them on your platform?

  • Direct Wallet Delivery: Tokens are sent directly to the crypto wallet linked to your X (Twitter) account.

  • Automatic Wallet Creation: If you don’t have a wallet connected, one will automatically be created by our bot when you place a buy or sell command on X. You can send SOL to this wallet and later log into our website using the associated X account to claim full access.

  • Bonding Curve Context: Initially, tokens reside in the bonding curve mechanism—which uses virtual reserves to smooth price changes—until the token “graduates” after meeting preset thresholds.


2. How do I sell a token once I buy it?

  • Trading Dashboard: Navigate to your Trading Dashboard to view your tokens.

  • Select & Sell: Choose the token you want to sell, enter the desired amount, and confirm the trade. Or you can tag @news2pump and say sell [amount] [token address].


3. How can I check my balance if I am buying on X?

  • On-Platform View: Check your balance directly on our platform.

  • Wallet/Explorer: Alternatively, connect your wallet to a blockchain explorer or DEX interface for real-time data.


4. How do I know my purchase went through?

  • Confirmation Message: The bot replies with a confirmation message that includes transaction details and a link to view your trade. This serves as proof of execution.


5. How can I ensure my order is correct when buying tokens?

  • Double-Check: Always review your tweet before posting.

  • Order Confirmation: The bot confirms your order details in its response, so verify the information provided.


6. Can I trade tokens with my friends directly on X?

  • Yes: Tag @news2pump and use the designated commands to trade or even launch tokens directly on X.


7. Can I trade tokens outside of X?

  • DEX Trading: Once a token graduates from the bonding curve, it migrates to decentralized exchanges like Raydium for open trading.


8. What information are you storing about me?

  • Stored Data: We store your Twitter username, bio, and other profile details.

  • Privacy: Your data is kept secure and is not shared with third parties.


9. Do you have access to my wallet?

  • No Access: Our platform uses Privy’s delegated wallet system, ensuring that your wallet’s private keys remain solely with you.

  • Secure Trading: This allows for secure transactions without exposing your wallet.


10. How do I connect my wallet to the bot?

  • Delegation Process: Follow the secure link provided by the bot on X to delegate your wallet.

  • Auto Wallet Provisioning: If you don’t have a wallet yet, one will be created for you automatically when using a buy/sell command on X. This delegated wallet can receive SOL, and later be claimed via the platform using your X account login.

  • Authentication: This process securely authenticates your wallet for trading.


11. Is the platform also my wallet?

  • Separation of Roles: The platform is a facilitator for trading, not a wallet. Your tokens remain in your personal wallet or within the bonding curve until graduation.


12. Where is the coin held after launch?

  • Initial Holding: Tokens are initially held within the bonding curve mechanism.

  • Token Supply Breakdown: Out of the 1 billion tokens created at launch:

    • 800 million tokens are available for trading.

    • 200 million tokens are reserved for migration.

  • Graduation: Once a net influx of 80 SOL (or equivalent conditions) is reached, the token graduates and migrates to a DEX (e.g., Raydium) for open trading.


13. Do I need crypto experience to use your platform?

  • User-Friendly: No prior crypto experience is required. The platform is designed for beginners and experienced traders alike.

  • Guided Process: Wallets are automatically created if needed, and users can interact directly on X. The website offers full account access through X login for claiming and managing your assets.

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