My wallet didn't trade but my mirror did. Why not?
There could be a few reasons why your account isn't following trades properly. Below are the most common issues and how to resolve them:
Mirror Wallet Trade was less than 0.01 SOL
Odinbit has a minimum trade threshold of 0.01 SOL. If your mirror wallet executes below this, your wallet will not mirror that trade. This is to prevent your SOL being drained from fees, and to protect your holdings from traders/bots that are not putting SOL at risk.
Account Size vs. Trade Size:
Your account size might be too small relative to the trade sizes being executed. If the trade amounts are too large for your account, it may prevent proper execution.
Solution: Decrease the trade amount or increase your account size to ensure trades can be executed within your available funds.
Slippage and Low Liquidity Tokens:
Some of the wallets you're following might be trading low liquidity tokens in an attempt to farm profits from copytraders, leaving you holding an illiquid asset ("holding the bag").
Security Measure: OdinBot has slippage protection in place to prevent this from happening. This protection stops your account from executing trades that could result in significant losses due to illiquid tokens.
Compromised or "Frozen" Tokens:
OdinBot will not copytrade tokens that are compromised or frozen. This is another security measure designed to protect your account from significant losses.
Security Measure: OdinBot avoids copytrading on compromised tokens to ensure you donβt end up in a losing position due to token issues.
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