Getting Started With Cheetah
From first wallet to first trade with Cheetah.
To get started with Cheetah, open it through its Telegram bot or the iOS/Android app, fund the embedded Solana wallet it provisions for you, find a memecoin using the built-in screener, place a trade with your chosen amount and slippage, and set exits such as stop-loss or take-profit. Memecoin trading is speculative, you can lose what you commit.
Key takeaways
- Cheetah is a multichain memecoin trading platform you use through a Telegram bot or the iOS/Android app.
- You fund an embedded wallet (keys stored encrypted) and can withdraw to any external wallet at any time.
- The core loop is: get access, fund your wallet, discover a token, place a trade, and set your exits.
- Execution controls, priority fee and slippage, are yours to configure so trades land in fast markets.
- Nothing here promises profit; start small and only trade with money you can afford to lose.
What Cheetah is
Cheetah is a multichain memecoin trading platform you use through a Telegram bot or the iOS and Android app. It bundles the tools active traders rely on , token discovery and screening, wallet tracking, smart-money alerts, copy trading and fast execution, behind a simple flow. This guide walks the core loop end to end so your first meme coin trade is deliberate, not confusing.
One thing to be clear about up front: Cheetah gives you an embedded wallet whose keys are stored encrypted, and you can withdraw at any time, but it is not a seed-phrase, browser-extension self-custody wallet. See how Cheetah handles wallets and custody for the honest details.
Getting started, step by step
Get access (Telegram or app)
Open Cheetah either through its Telegram bot or by installing the iOS/Android app. Both connect to the same account, so you can start on one and continue on the other. See the full feature set for what is available.
Fund your wallet
Cheetah provisions an embedded Solana wallet for you. Send SOL to its address to fund it, you will need SOL both to trade and to cover Solana network and priority fees. You can withdraw to an external wallet whenever you like; read how custody works first.
Discover a token
Use the built-in screener and token discovery to find a memecoin. Check its liquidity, holders and any rug-check signals before you commit, a good entry starts with reviewing the token, not chasing a green candle.
Place a trade
Choose how much SOL to spend and set your slippage tolerance and priority fee so the order lands in a fast market. Confirm to execute the buy from your embedded wallet.
Set your exits
Plan your way out before you need to. Set a stop-loss to cap downside and a take-profit to lock in gains, and let the liquidity checks flag rug and liquidity warning signs so you can react.
Step 2: Fund your wallet
Your embedded wallet is where your SOL and any tokens you buy live. Fund it by sending SOL to its address from an exchange or another wallet. Keep a little extra SOL beyond your trade size: every trade also pays a small Solana base network fee and whatever priority fee you set to help it confirm quickly. You are never locked in, withdraw to any external wallet at any time.
Step 3: Discover a token
Cheetah’s token discovery and screener surface trending Solana memecoins. Before buying, look past the hype: check the token’s liquidity, holder distribution and rug-check signals. You can also let wallet tracking and smart-money alerts surface tokens that notable wallets are moving into, but treat those as research inputs, not buy signals.
Step 4: Place a trade
Placing a trade means choosing your amount and your execution settings. Set your slippage tolerance (too tight and fast trades fail; too loose and you risk a worse fill) and a priority fee that fits current network demand. Cheetah charges 0.5% per trade (0.4% for referred users, $0.95 USD minimum); Solana network and priority fees are separate. See how Cheetah trading fees work.
Step 5: Set your exits
Plan the exit before the entry
Memecoins move fast in both directions, so decide how you will leave a position before you enter it. Cheetah lets you set stop-loss and take-profit levels, place limit orders, and use DCA to average in. Liquidity checks run rug and liquidity health checks and flags deteriorating tokens so you can try to exit before things get worse. None of these remove risk, exits can still slip in thin liquidity, but they turn your plan into something the platform helps enforce.
Where to go next
Once the core loop feels natural, go deeper on the features that matter most to you:
- How Cheetah copy trading works , mirror a wallet’s buys (and optional sells) automatically.
- How Cheetah wallet tracking works, add wallets and monitor their buys and sells.
- How Cheetah smart-money alerts work, opt-in alerts on tracked and curated wallets.
- How Cheetah trading fees work, the fee, the referred rate and the separate network costs.
- How Cheetah handles wallets & custody, an honest look at the wallet model.
- The full feature overview, and about Cheetah.
Frequently asked questions
How do I start using Cheetah?
Open Cheetah through its Telegram bot or the iOS/Android app, fund the embedded Solana wallet it creates for you, find a memecoin with the screener, place a trade with your amount and slippage, then set exits such as stop-loss or take-profit.
Do I need my own Solana wallet to use Cheetah?
No. Cheetah provisions an embedded Solana wallet for you and stores its keys encrypted. You fund it by sending SOL to its address and can withdraw to any external wallet whenever you want. It is not a seed-phrase, browser-extension self-custody wallet.
What does it cost to trade on Cheetah?
Cheetah charges 0.5% per trade (0.4% for referred users) with a $0.95 USD minimum. Solana network fees, the priority fee you configure, and slippage are separate. See the fees guide for a worked example.
Is trading memecoins on Cheetah safe?
Memecoin trading is highly speculative and you can lose some or all of the funds you trade. Cheetah offers tools such as rug and liquidity checks and stop-loss/take-profit to help you manage risk, but no tool removes it. Nothing here is financial advice.