Bitcoin Forum

Have you ever heard uniswap trading bot LimitSwap? they are provide automated trade in Uniswap by running their software, by hold 1 limit you can use thier basic software fuctions, while if you hold 10 LIMIT, you can enjoy VIP functions on their software, but privatekey is required to used their software, anyone here use them? are they safe to use?

here is limitswap website : https://www.limitswap.com/

keep away from it.

Has anyone here used it, I did not find any reviews about this product on Google.

At the moment there are so many scams happening in DeFi that it is hard to tell which is legit and which is not.

Haven't heard of them and for sure, this could be a trap for those investors, VIP functions? all should be the same, regardless, so if they are requiring some sort of 'limit' then they are like asking for people to invest more on them, not good to be honest. The best thing to do right now is to stay away from them and wait and see if they are legit or not.

the developer is not anon because he always post his video trying his software with his youtube channels that contain 21k subscribers, but i bit worried because private key is required to run the software and start to use it, that what im aware.

i think i wll not use this software my friend, because as you wrote above if privatekey is required to use this software, right ?
and for me thats too risky

Depends on the software, did they store all data on their database or not.

Imported a private key with a random service or platform while the service was pretty news kinda worried because your asset could be lost. Most of the bots always using API Trade, giving your private key could be same as giving your account information.

I will not recommend this bots.

So many swapping decentralized exchange here and there with the same purpose just different approache, what would have happen if Uniswap idea was never born?
Be careful and cautious before installing of any software into your PC, their website is just a landing page and 4 hyper link pages, it would have been easier if they have announcements thread on the forum for follow up and discussion.

@OP why do you need automated trading bot, they have limit to trading including your profit. Why not create one for your self or check service section, they have plenty of them for centralized exchanges.
Just a suggestion.  :-* :-*

Any project that requires you to provide your private key have access to your wallet and will steal your tokens whenever he wants without your permission. it is adviseable to avoid such platform. they are not an exchange platform but a trading bot. it makes no sense designing a trading bot that will require private key. it looks scamy
.

yeah i think so, but their developer who build this bot are real human which they didnt hide anything about thier developer, but still there is big risk for those who want to trying this bot for trading on uniswap, waiting for someone who could audit their software on github if its was safe to use or not.

Terrible if giving private keys to software is something stupid to do, of course this can lose all assets.

I would never recommend a bot like this as it could be a trap and I believe this really worries many people including investors who want to trade restrictions on the software.

Stay away from this bot if you still want your private key to be safe, only you know your account data, not a bot.

If you need limit orders, then you can use the service https://1inch.exchange/#/

This service has a drawback, because the order will not be automatically executed. Arbitrageurs will see an interesting price and buy your tokens when the price rises.

But here everything works on smart contracts and your private keys belong only to you.

Full list of swap services
https://bitcointalk.org/index.php?topic=5276937

never ever giving out privatekey or passphrase for any reason to the third party

Unless you can get the tokens for free, I don't think I will buy it and will not share my private key to use the software. It should be tied to your address, and then there's the verification in the blockchain if you HOLD that specific amount. I must say it's pretty easy to set up seeing their tweet with the video. Nonetheless, I still wouldn't try it because I have no experience with those kinds of things.

Have you tried it OP?

It's hard to believe in a project like this, how can he prove it is safe? while Bot requires private key access. I am willing to trade on uniswap not sleep for 24 hours, rather than using Bot but risk losing all my assets. I don't think anyone will use the Bot service if it can't prove it's completely safe.

Is their code posted somewhere like Github? If it's not decentralized and open-sourced I don't think we can trust that bot from getting your passphrase then throwing it up to the one who created it.

I haven't heard of this software before, this is the reason why I cannot trust this software. And of course, giving your private key to any website or software that you do not trust. Can be a big mistake

Apart from this, I checked their website, so I came to know that it is still new.
https://whois.domaintools.com/limitswap.com

i haven't tried the software yet, that why im asking on this forum if there is someone who already try their software , their bot is very intresting, but i afraid there is bug that cause me loss token and importing private key is quite high risk for crypto user.

exchange or bots trading as usual scam providers and more to obtain the private key to be able to take all these assets as usual hackers work to promote a website like this if it is absolutely bot trading should not include the private key to run all bots it.

We should not share our private key if that platform has a good reputation.

agreed with you, but the developer on youtube dont hide anything about his identity and most of their communiyy are using this software, just looking for someone on this forum who already test the software and share his experiance how's the bot goes.

If that's true the trading bot for uniswap I think the fees incurred on gas costs will not be worth the profit.

why take risks, there is a well-known uniswap and so on, which we all use. Now there are so many shitswap divorced.

did uniswap know that and they said they partner with this bot ? theres many swap names so lets not be confident that they are related to uniswap but lets check it first .

 so you only need to buy and hodl thier coin to run the bot , so it act like a gas to this software and no need for further fees but why it needs private keys  .

 where do we get the key , on uniswap ? we can easily get raided for that . looks there is something not right on this

If I'm not mistaken I have seen the limitwap coin (LIMIT) on coinmarketcap (https://coinmarketcap.com/currencies/limitswap/), at that time I saw the price was quite pantastic with a Total Supply of 30,000 LIMIT, however, I looked for additional information about the coin on the forum, I did not find it.

Which is strange for me coins with high prices and very limited supply only traded in one market at this time, namely: uniswap.v2, This is what makes me doubt the limitwap coin until now and I saw this topic, I think you are trading it turns out you also ask about the coin.

OP, currently there are so many coins in circulation with the highest capacity and price, however, after investing at a high price, the price immediately drops with the risk of losing money.
So, be careful with coins like that and find more information to convince you before making an investment decision.

All these ***swap and ******finance projects wannabe are all scams, stay away from them, you can't just insert your private key into any unknown website because they claim to be in work with uniswap, this is not a time to act stupid with new projects, scammers are fully back into crypto this time because

1. DeFi Hype
2. Bitcoin Bullrun

Be Careful

its not like trading bot outhere when that automaticly sell when you set to profit at certain amount of percent , but this bot will automaticly sell at price you want to sell the token, for example if you buy X coin at xx price and sell it on xx price, you need tk do your own calculate for gas to avoid loss in transactions gas.

Hi all - new to the forum

I've just come across limitswap too and was looking to find out more - has anyone on here used it yet?

The dev has released more info on stating the code is audited (albeit closed source at present) and the reason for putting the pvt key on the config file is to allow you to configure gas fees and multiple trades on the same pair. If it's legit it seems a good tool as I'm not aware of any reputable project that supports take profit/stop losses via uniswap - does anyone else?

As others have stated sharing private keys in any form doesn't sit well with me...