How to Use Padre Bot
Seven steps, roughly ten minutes. The parts most people rush — the password and the exit rules — are the two that actually matter.
Step 1 — Open the terminal
Padre runs in the browser at trade.padre.gg. There is no extension to install and no desktop client. Bookmark the URL the first time and use the bookmark afterwards; phishing clones of trading terminals are common and a saved bookmark is the cheapest defence there is.
Step 2 — Create your wallet
Padre generates a wallet in-app using Turnkey key infrastructure. You are not importing your main wallet and you should not want to — keep a dedicated wallet for memecoin trading so a bad contract approval can never reach your long-term holdings.
Step 3 — Set a password you will not lose
Your private key is encrypted with a password you choose. This is the single most important screen in the whole setup. Padre is non-custodial: there is no reset link, no support ticket, no recovery path. Lose the password and the funds are gone permanently.
Put it in a password manager before you continue. Not a note app, not a screenshot, not memory.
Step 4 — Enable 2FA
Turn on two-factor authentication immediately, before funding. It costs thirty seconds and it is the difference between a compromised session being an inconvenience and being a total loss.
Step 5 — Fund the wallet
Send the native asset of the chain you intend to trade on — SOL for Solana, ETH for Ethereum or Base, BNB for BNB Chain. You need the native token for gas regardless of what you are buying.
Send a small test amount first and confirm it lands before sending the rest. Wrong-chain deposits are the most common way traders lose money in setup, and they are not reversible.
Step 6 — Place a deliberately small first trade
Your first trade is a measurement, not a position. Buy a small amount of something liquid and read the confirmation screen carefully: the platform fee, the network fee, and above all the expected output versus the quoted price. That gap is slippage, and on thin pools it is usually the largest cost of the trade.
Then sell it. The round trip tells you your true all-in cost, which is information no marketing page will give you. See the fees breakdown for what each line means.
Step 7 — Configure auto exit before you need it
This is the step most people skip and later regret. Padre supports take-profit and stop-loss levels that fire without you present. Memecoins move hardest while you are asleep.
- Stop-loss — set it at entry, not after the position moves against you
- Take-profit — consider tiers, selling part of the position at each level
- Buy the dip — a resting limit order below market, so a wick fills you instead of missing you
A position with defined exits is a trade. A position without them is a hope.
Common setup mistakes
| Mistake | Consequence |
|---|---|
| Password stored only in memory | Permanent loss of funds — no recovery exists |
| Importing your main wallet | One bad approval exposes everything you own |
| Funding before a test transfer | Wrong-chain deposits are unrecoverable |
| No native token for gas | Trades fail and still burn fees |
| Skipping 2FA | Session compromise becomes total compromise |
| No stop-loss at entry | Exits get made emotionally, at the worst price |
Once you are set up, the features page covers the discovery and automation tools in more depth, and the safety page explains exactly what the security stack does and does not protect.