πŸ€‘Auto Sell

In the BRC20 ecosystem, before selling BRC20 tokens, you need to inscribe the quantity you wish to sell into a transferable inscription. This inscription can then be listed for free on various inscription marketplaces, and you can also reduce the price for free on these marketplaces. To cancel a sell order, the principle is to buy your own sell order, thus invalidating the transferable inscription. Once the transferable inscription is invalidated, the sell order will automatically be canceled across all inscription marketplaces.

BTCBot's Auto Sell feature can help users list their sell orders on all major BRC20 marketplaces with a single click, including but not limited to the BRC20 marketplaces of OKX, UniSat, and Binance. It also facilitates easy price reduction and order cancellation across these marketplaces.

You can follow these steps to configure your smart sell strategy.

  • Choose the Token: Switch the token you want to sell from your holdings using the left and right buttons. You can also click on the token name to open the holdings list and make a quick pick.

  • Setting the Limit Price: You can set the price based on a percentage increase from the current floor price (0% means at the current floor price), or you can set the price directly based on how many Sats each coin is worth.

  • Setting the Token Amount: Set the amount of tokens to sell based on the proportion of your total token holdings (100% means selling all).

  • Submit the Order: Confirm the estimated quantity and price of the tokens you can sell and submit the limit sell order. Then, you can view the list of active limit sell orders in the interface.

Lower Price

You can follow these steps to reduce the price of your limit sell order:

  • Choose the Sell Order: In the Sell interface, locate the sell order you want to reduce the price for in the active limit sell order list.

  • Open Lower Price Panel: Click on the [Lower Price] option next to it.

  • Edit New Price: Edit the new price in the interface.

  • Confirm New Price: Click to confirm the price reduction.

Cancel Listing

You can follow these steps to cancel your limit sell order:

  • Choose the Sell Order: In the Sell interface, find the sell order you want to cancel in the active limit sell order list.

  • Open Cancel Listing Panel: Click on the [Cancel Listing] option next to it.

  • Confirm Cancel: Confirm the cancellation in the cancel sell order interface.

Canceling a BRC20 Listing Order incurs network gas fees, and relisting it requires additional fees for minting a new inscription. Therefore, it's advisable to initially set a higher price and adjust as needed, since lowering the price does not involve any gas fees.

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