Set hard limits
Per-trade size, daily maximum, and a list of tokens or conditions to skip.
Wallets change
A wallet that performed well can start dumping on followers; review copied wallets weekly.
Costs add up
Each copied buy and sell pays the 1% fee plus network fees.
Independent guide, not affiliated with GMGN. Affiliate link: we may earn a share of fees.
How trade size changes what you really pay
Platform fees are only part of the cost. On every buy and sell you also pay network fees, sometimes a priority tip, the liquidity pool's own fee and price impact. Price impact grows as your order gets bigger relative to the pool's liquidity, which is why the same token can be cheap to buy for $50 and expensive for $5,000. Before any trade, look at the expected output on the confirm screen, not just the headline fee.
Plan your exit before you enter
Memecoins can drop 50% in minutes and some become impossible to sell. Write down three numbers before buying: the most you will lose (then sell), the price at which you take back your stake, and a time limit after which you exit if nothing happens. Rules decided in advance beat decisions made while the chart is moving.
Account security checklist
Use a unique password and app-based two-factor authentication on the email or Apple/Google account you log in with. Never share login codes or private keys with anyone, including people claiming to be support. Bookmark the official domain and use it instead of search ads or links from DMs. Keep only trading money in a hot wallet.
Our test
Sources
Updated 2026-10-12 · How we test
Independent guide, not affiliated with GMGN. Affiliate link: we may earn a share of fees.
Frequently asked questions
GMGN copy trading?
GMGN offers automated copy-trading tools that mirror chosen wallets.