Poncho → Questions
Questions
Short answers about what Poncho costs, who holds the keys, what it checks before a buy, and what it does not do.
How do I start?
Open @PonchoBSCChain in Telegram and tap Start. Create a wallet or import one, send BNB to it, then paste a token address to trade. Poncho trades in BNB: you deposit BNB, buy with BNB, every sale ends in BNB, and you withdraw BNB.
Can anyone use Poncho?
Yes. Poncho is open to everyone. Start the bot, create a wallet, and you can trade. There is no approval step.
What does Poncho cost?
1% on trades by default, and 0.001 BNB per successful launch. Network gas, the BSC launch fee and each market's own fees are on top. The confirm screen shows Poncho's fee before you buy, and Review shows the full cost of a launch before you confirm. Creating, importing and exporting wallets costs nothing.
What does Poncho check before a buy?
Before every buy, Poncho checks against the chain what selling straight back would return. If you would keep less than half, the buy is refused. Below 80%, the confirm screen warns you, and with 1-Tap Mode on the buy is refused. Where Poncho can simulate your buy and the sale after it, a token whose own code blocks the sale is refused. A buy that would move the price by more than 30% is refused. If the chain does not answer a check, nothing goes ahead on a guess: you try again.
Some markets cannot price a sale before you hold the token. Then the confirm screen says the round trip was not judged, and you decide.
The Safety button on a token reads its contract and shows:
- whether it can mint, blacklist or pause,
- whether an active owner can upgrade its code,
- whether it limits transactions or wallets,
- how much the ten largest wallets hold.
No check sees what a token does after you buy. A passed check is not a promise.
What if a token's pools are flooded?
Anyone can create pools for a token. When a token has more pools than Poncho can measure, Poncho opens no new trades in it.
Poncho records the market each buy goes through. If your wallet bought the token through Poncho and that market is on record, you can still sell it there, for as long as that market trades it. The confirm screen says the sale runs on the market your buy went through.
The sale still has to pass a round-trip check. If selling and buying straight back would keep less than half, the sale is refused. With 1-Tap Mode on, a sale that would only get a warning is refused too.
Exporting the wallet's key works as usual.
Which markets can Poncho trade on?
BSC bonding curves, Uniswap v2, v3 and v4 pools, Flap, and other launchpads' bonding curves it can find on chain. When a token trades in more than one place, Poncho compares the markets on chain before it picks one. When a token is priced in another token, such as USDG, Poncho buys that token first and then yours, and the confirm screen shows the route. If Poncho finds no market it can trade, it tells you and does not trade.
Do I see the numbers before I buy?
Yes, by default. The confirm screen shows what you spend, the tokens you should get and the minimum after slippage. It also shows the price impact, the network fee, Poncho's fee and, where it can be judged, what selling straight back would return. Nothing is sent until you tap CONFIRM BUY.
What is 1-Tap Mode?
A setting that skips the confirm screen: a buy or sell button trades at once, with no undo. It is off until you turn it on in Settings. The checks still run, and a buy that would only get a warning on the confirm screen is refused instead. Your slippage setting is the limit on what you get.
Who holds my keys?
Poncho does. Each wallet's private key is encrypted (AES-256-GCM) and stored in our database, and our server decrypts it to sign the transactions you ask for. There is no PIN or password that only you hold. If someone took our database and the key on our server that decrypts it, they could reach every wallet, yours included. That is the biggest risk of using Poncho.
Export your key and keep it offline. It is your own copy, and your way out if Poncho stops.
How do I export or import a wallet?
Open Wallets, pick a wallet and tap Export key. The key appears in the chat and the message deletes itself after 5 minutes. Screenshots and device backups keep it, so write it down instead.
To import, tap Import and paste the key. Poncho deletes your message straight after reading it, and tells you if it could not.
What can I do with several wallets?
Create one wallet or many at once, import others, name them, sort them into folders and see all balances together. Disperse sends BNB from one wallet to every wallet in a folder. Consolidate gathers the BNB from a folder into one wallet. Each wallet can deposit, withdraw and send tokens.
How is profit and loss counted?
Per wallet. A position starts when that wallet last held none of the token. Its cost is the BNB that actually left the wallet in each buy, read from the transaction, with Poncho's fee in it and network gas left out. A sale takes out its share of the cost. The token panel shows your profit and loss, and a Realized line for sales from the open position.
Can I set limit orders, take-profit or stop-loss?
No. Poncho has no standing orders today: no limit orders, take-profit, stop-loss or trailing stops. Every trade is one you make yourself.
Is there a Poncho token?
Yes. PONCHO launched on BSC on 10 October 2026. The contract address is on Official channels. Check it before you buy: any other token using the Poncho name is not us.
Is Poncho part of Robinhood?
No. Poncho is an independent product built on BNB Smart Chain. Robinhood does not review or endorse it.
Where do I get help?
Ask in the community, or write to [email protected]. Security problems go to [email protected]. News is posted in Poncho Announcements. Nobody from Poncho will message you first.