FAQs

1. Do I need to manually place trades once the bot is running? No. Polysnipes is fully automated. Once configured, it continuously mirrors the target wallet’s trades without manual input.

2. What wallet should I use to sign up on Polymarket? You must use a self‑custody wallet such as MetaMask, Phantom, or another supported wallet.

3. How does the bot decide how much to buy? The bot uses both MAX_USDC (absolute cap) and MAX_PERCENT (percentage of your portfolio). It calculates the effective trade size based on these limits before executing.

4. Can I change my configuration after building the bot? Yes. The bot reads config.py at startup, so you can edit values anytime. Restart the bot after making changes.

5. What happens if my config values are missing or incorrect? The bot validates parameters at launch. If something is missing or invalid, it will stop and prompt you to fix the config before continuing.

6. Can I run the bot on multiple devices at once? No. The bot is designed to run on a single instance tied to your wallet. Running multiple copies simultaneously can cause conflicting transactions and errors.

7. Does the bot require constant internet connection? Yes. The bot continuously monitors the target wallet and executes trades in real time. If your connection drops, the bot will pause and may miss trades until it’s restored. For best reliability, running the bot on a VPS (Virtual Private Server) is recommended, as it ensures 24/7 uptime and stable performance.

8. How profitable is the bot? Profitability depends primarily on the performance of the targeted wallet you mirror. Risk management features (like MAX_USDC and MAX_PERCENT) are in place to protect your capital. Historically, win rates have ranged between 60–75% on most trades.

9. What happens if the target wallet makes a bad trade? The bot will still mirror the trade, but your exposure is limited by the risk caps you set. This ensures losses are contained and your portfolio isn’t over‑leveraged.

10. Can the bot protect me from market volatility? It can’t eliminate volatility, but it helps manage it. By enforcing position limits, portfolio caps, and copy limits, the bot reduces the impact of sudden swings and keeps your trading strategy controlled.