How to use Phoenix, step by step

1. 01The first five minutes
2. 02Your two wallets
3. 03Buying a coin
4. 04Selling and your portfolio
5. 05Price alerts and limit orders
6. 06Leverage
7. 07Launching a coin on Pyre
8. 08Earning as a creator
9. 09Settings and fees
10. 10Referrals and partners
11. 11Phoenix in a group
12. 12Staying safe
13. 13Command cheat sheet

1. Open the bot and press Start

   Open @PHNXTrading_Bot in Telegram and send /start. Your Solana wallet is created for you on the spot. There is no seed phrase to write down; the key is encrypted and held by Phoenix, and you can export it any time.

2. Read the dashboard

   The dashboard is home. It shows your balances and a row of buttons: Long, Short, Positions, Buy, Portfolio, Pyre, Wallet, Settings, Help and Open Dashboard. Every screen in the bot has a Dashboard button at the bottom, so you can always get back here.

3. Fund a wallet

   Tap Wallet, copy the address, and send SOL to it from an exchange or another wallet. For Robinhood Chain you send ETH instead, and there is one rule that matters: send it on Robinhood Chain, not on Ethereum mainnet. Section 02 explains.

4. Make a trade

   Paste a coin's contract address into the chat. Phoenix answers with a card that shows the price, the liquidity and your balance, with buttons for how much to buy. Tap one and the trade is done.

5. Do it in a DM

   Anything that moves money runs only in a private chat with the bot. If you try in a group, the bot sends you a button that opens your DM. That is by design, so your wallet is never shown to a room.

Things worth knowing

• There is no bridge between your two wallets. SOL cannot be turned into ETH inside the bot. Each chain is funded on its own.
• Withdrawals are free. Phoenix charges nothing to withdraw; a small amount is kept back for network gas.
• /wallet shows both balances, both addresses and what is spendable after gas.
• /linkwallet links a Phantom or Solflare wallet you already own, for the website dashboard.

1. Paste the contract address

   A Solana mint or a 0x address. A ticker like BONK works too for well known coins. Do it in your DM with the bot.

2. Read the card

   Name and symbol, price, liquidity, market cap, and your balance on that chain. On Robinhood Chain a coin that is still on its launch curve shows how much of the sale is done and how much ETH is in reserve instead of a pool.

3. Tap an amount

   Preset buttons in SOL or ETH, a Max button sized to what you can spend after gas, and a custom amount. The trade is sent the moment you tap, unless you turned on confirmations in Settings.

4. Read the receipt

   The bot replies with what you got, the fee, and a link to the transaction. Under it are buttons to sell half or all of the position, open your portfolio, or go back to the dashboard.

By command

/buy BONK 0.5        buys 0.5 SOL of BONK
/buy 0x0E0d...C21B 0.05   buys 0.05 ETH of a Robinhood Chain coin

Auto-buy

In /settings you can turn on auto-buy and set an amount per chain. Then pasting an address buys that amount straight away, with no card and no second tap. Useful when speed matters, dangerous when it does not, so it is off by default.

Send /portfolio, or tap Portfolio on the dashboard. Every coin you hold is listed with its value and your profit or loss, and each one has buttons to sell 25%, 50%, 75% or 100%, or to buy more. Robinhood Chain holdings appear in the same list, priced in ETH.

/sell BONK 1000      sells 1,000 BONK
/sell BONK 50%       sells half of what you hold

A coin bought on a Robinhood Chain launch curve is sold back into the curve until it graduates, and on its pool afterwards. You do not have to know which: the same button does the right thing.

Alerts

An alert sends you a message when a coin hits a price or moves by a percentage. It works for Solana and Robinhood Chain coins, and an alert set in a group fires in that group.

/alert BONK 10%          when BONK moves 10% either way
/alert WIF above 2.50    when WIF trades above $2.50
/alert 0x0E0d...C21B 0.002   when that coin reaches $0.002
/alerts                  list yours
/cancel_alert 2          cancel number 2 from the list

Alerts have a 15 minute cooldown so a choppy chart does not spam you.

Limit orders

A limit order is a buy that waits for your price. Ask for one in your DM with the coin, the amount and the price you want, for example buy 0.5 SOL of BONK at 0.00002. The order is checked every 30 seconds, stays live for 7 days, and the bot tells you when it fills. Cancel one with /cancel_order and the id it gave you.

1. Send /long or /short

   Or tap Long or Short on the dashboard. You can also paste a Solana address and choose Long from the card.

2. Paste the coin

   Phoenix checks its liquidity and only offers the leverage that liquidity supports, 2x or 3x.

3. Pick your margin

   From the allowed range for that coin. On the same card you can arm a take-profit, a stop-loss or a trailing stop before you open.

4. Confirm

   The card shows position size, fees, and the exact liquidation price before anything moves. Nothing opens until you confirm.

5. Manage it from /positions

   Live profit and loss, close 25%, 50% or 100%, and change your take-profit, stop-loss or trailing stop with one tap.

Fees are 1% of margin to open and 5% of profit at close. A position that reaches its liquidation price is closed for you. Robinhood Chain coins cannot be leveraged yet.

1. Send /pyre_create in a DM

   Or send /pyre and tap Launch a coin. You get three launches a day.

2. Choose where it launches

   Pyre is Phoenix's own curve on Solana: you keep 0.50% of every trade forever, the address ends in PHNX, and traders can go long on it. pump.fun puts it where more people are looking, on pump.fun's own terms. Robinhood Chain creates it on Robinhood Chain through the CoinFactory launchpad, paid in ETH, with a 0.50% royalty on every curve trade. The choice is permanent, so read the card.

3. Name, ticker, description, image, links

   Type each one when asked, or press Skip where it is offered. You can send the image straight into the chat. All of it is written into the coin permanently and cannot be changed afterwards.

4. Curve, payout wallet and first buy

   On Pyre you pick a curve, Quick, Standard or Ambitious, and optionally a Solana wallet for your fees to be paid to. On Robinhood Chain there is one curve and your fees go to your Phoenix Robinhood wallet, so neither question is asked. Then choose your first buy: up to 10% of a Pyre curve, 8.5 SOL on pump.fun, 0.1 ETH on Robinhood Chain, or none.

5. Review and launch

   The review card shows everything, including the first buy in both the human figure and the raw units, because a misplaced decimal is the mistake it exists to catch. Every field has an Edit button. Tap Launch it and the launch is queued.

6. Wait a few minutes

   Phoenix uploads the metadata, finds a PHNX address on Solana, and sends one transaction that creates the coin, opens the curve and makes your first buy, so nobody can buy before you. If your wallet cannot cover it, the bot tells you the exact amount and address to top up and nothing is spent. When it is live, opted-in groups and subscribers get the announcement with a Buy button.

Trading a launched coin

• Solana coins: paste the address, or use /pyre_buy TICKER 0.5 and /pyre_sell TICKER 100% while it is on its curve. After graduation the ordinary buy and sell work on the pool.
• Robinhood Chain coins: paste the 0x address. The card shows the curve's progress and buys from it; after graduation the same address trades on the pool.
• /pyre_alerts sends you a DM the moment any coin launches, with one tap to buy it.

A coin you launched pays you on every trade: 0.50% on a Pyre curve, 0.50% royalty on a Robinhood Chain curve, and half of the pool fees Phoenix collects after a Pyre coin graduates. It builds up on chain until you collect it.

• /pyre_claim shows what your Solana coins have earned and a Claim button. All your Pyre coins share one vault, so it is one claim for all of them, paid in SOL to your Phoenix wallet or the payout wallet you set. If you also have coins on Robinhood Chain, a second button, Claim on Robinhood Chain, claims each coin's royalty in ETH to your Phoenix Robinhood wallet.
• /pyre_pledge TICKER 25 promises 25% of your creator fee to the people holding your coin, up to 50%. It is taken out when you claim and set aside for holders. It is announced on the launch card, so it is a real reason to hold.
• /pyre_earnings shows what your pump.fun coins have earned you.

Claiming is something you do, not something that happens on a timer. Phoenix holds your key, and signing with it without you asking is a line it does not cross.

/settings is per person, not per group. It controls the priority fee on Solana (fast, turbo or your own), MEV protection, whether trades ask you to confirm, and auto-buy with its amount in SOL and in ETH.

/fees shows what you pay: 0.85% on every spot trade on either chain, less if you hold PHNX. The discount is read from your wallet and applied on its own.

• Have a code? Send /ref CODE, or open the link the partner gave you. You are attributed to them from then on; nothing changes for you and nothing costs you more.
• Running a code? /affiliate shows your members, what you have earned and been paid in SOL, and your Robinhood Chain earnings in ETH. /referrals shows the same partner earnings.
• Run a launchpad or a coin page? One link adds a Trade on Phoenix button that opens the buy card for your coin. The pattern and the terms are on the partners page.

• Add the bot to your Telegram group. Each group gets its own settings, and nothing leaks between groups.
• Admins run /setup to choose how active the bot is, its tone, and the community's own token.
• /launchfeed (admins) posts new Pyre and Launch Radar coins into the group, or into the topic you run it in.
• Trading in a group works, but the replies go to each member's own DM. Prices, alerts and the launch feed stay in the group.

• Nobody from Phoenix will ever ask for your private key. /export and /exporteth need you to type CONFIRM and the message deletes itself after 90 seconds. Never paste a key into a chat.
• Money commands are DM only. If a message in a group claims to be the bot asking you to send funds, it is not.
• Send ETH on Robinhood Chain, not Ethereum mainnet. See section 02. Recover a mainnet send with /bridgeeth.
• Start small. Memecoins are the riskiest thing you can trade, and leverage multiplies it. A liquidation is a total loss of that position's margin.
• Read the card before you tap. The buy card shows liquidity; the leverage card shows the liquidation price; the launch review shows the raw amount. They are there to be read.
• Get help in the Phoenix Telegram. Quote a launch id or a transaction link and it goes faster.

Some commands only appear once Phoenix switches the feature on for everyone; /help always lists what is live for you right now.