How to Use the Instant Snipe Tool to Snipe Pending Rune Transactions: A Step-by-Step Guide

Introduction

Welcome to our detailed tutorial on using the Instant Snipe Tool to purchase pending rune transactions. This guide is designed to help you navigate the GeniiData platform and utilize the tool to buy pending transactions in the mempool. Whether you are a beginner or an experienced user, these instructions will provide you with all the necessary steps to make your transaction as smooth as possible.

How to Use Steps to Snipe a Pending Transaction (video)

Step by step process to Snipe Runes On Bitcoin

Step 1: Navigate to GeniiData

Start by visiting the GeniiData platform. Once there, ensure you filter the results by selecting ‘hide invalid runes’ to display only the pending transactions. This will help you focus on transactions available in the mempool and avoid clutter from those already processed or invalid.

Step 2: Select the Pending Transaction.

Browse through the list of pending transactions. Once you find a transaction you want, click on it to get the transaction link.

Step 3: Copy the Transaction ID.

After selecting a transaction, the next step is to copy its ID directly from the mempool. This ID is crucial as it will be used in the tool.

Step 4: Use the Instant Snipe Tool.

Open the Instant Snipe Tool and paste the previously copied transaction ID into the tool’s designated field.

Step 5: Submit and Confirm.

Once you have entered the transaction ID, click ‘submit’ to proceed. A confirmation window will then appear; click ‘buy’ to confirm your intention to purchase the transaction.

Step 6: Adjust Payment Settings.

Before finalizing the transaction, you can adjust the sats/vb if necessary. This could be important to ensure your transaction is processed quickly, depending on the network traffic and fees at that moment.

Step 7: Sign the Transaction.

Once you confirm the purchase, a wallet confirmation dialog will appear. Click ‘sign’ to authorize the transaction and wait for the block to be confirmed. This step is critical as it secures your transaction within the blockchain.

Step 8: Verify the Transaction.

Finally, once the transaction is confirmed, check the status in your wallet under the ‘Runes’ section. This will confirm that the transaction has been successful and that runes have been transferred to your wallet.

Extra Tips for Successful Transactions.

  • Stay Updated: Ensure that the GeniiData platform and your Instant Snipe Tool are updated (refresh page) to their latest versions to avoid compatibility issues.
  • Network Awareness: Be aware of the network traffic (watch the mempool website) and adjust your sats per vb to ensure your transaction is processed promptly.
  • Security Practices: Always double-check transaction IDs and confirmations to avoid potential errors or security issues.
  • Don’t FOMO and DYOR.
  • This is not financial advice – only for educational purpose

With this guide, you’re well on your way to mastering the art of sniping pending transactions, ensuring you take advantage of a good opportunity in the runes market.

 

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