Tracking wallets on Axiom Trade is extremely important but simple to do. There are various reasons why you should track wallets: to avoid farmers that are bundling coins with multi wallets, to spot wallets with a lot of copy traders, and to see if someone important is in a coin.
How to Track Wallets On Axiom Trade
Log in to your Axiom account and navigate to Trackers in the top part of the navigation bar. There you will see 3 options. You have to click on Wallet Manager, which will open the section where you can add and edit wallets. To add wallets, simply click on the Add Wallet button.
When you click it, a popup will show where you enter icon, wallet address, and name. The icon is what will show on the graph, so it is best that you choose a unique icon for each wallet so you can immediately know what wallet has entered a coin.
An additional option on Axiom Trade to track wallets is by adding them from the list of holders. If you find a good wallet in a coin, all you have to do is click on the coin so the stats of that wallet open. There, simply click on the Star icon to track that wallet.
- Wallet Manager: This is the place where you can manage tracked wallets.
- Live Trades: In this section you are able to see live buys and sells from wallets that you are tracking.
- Monitor: In this section you are able to see how many tracked wallets are in a coin.
How to Import
What is great about Axiom Trade is that you can import wallets from different platforms like GMGN, or if you find a list of wallets to track on X/Twitter or Discord. All you have to do is copy that list (it will be in code/text) and paste it in the Import Wallets section. After that, simply click on Import and you will have all your wallets.
How to Find Wallets to Track
Finding wallets to track is an extremely long and hard process, especially if you are looking for good wallets that you can follow. If you are a beginner, we recommend searching on X, Discord, and you can use Kolscan (be careful — most of them are farmers).
If you found a really good wallet on Axiom Trade but are not sure who owns it, simply paste the wallet address on X. If it is from some KOL or reputable person, you will usually find a post about that wallet or who owns it.
Why You Should Track Wallets
Tracking wallets is extremely important when you are trading meme coins. The reason is that you are able to see what made a coin moon or avoid rugs by multi wallets. For example, if you see a meme coin suddenly jump in MC, that can mean that some KOL with a lot of copy traders just entered the coin. For example, when Gake or POW buys the coin, it can jump more than 200K in MC.
On the other side, there are farmers, streamers, and popular Twitter accounts that have a lot of copy traders, or they are using multi wallets. What they do is use 5 wallets and basically bundle the coin and hold the floor. As soon as the coin gets some buys from normal people and copy traders, they start selling wallet by wallet, which makes the coin look more natural.
I won’t say names, but the majority of streamers and people who post big PNLs on X are multi-walleting. Or they buy a coin with side wallets, then buy with their main wallet to boost price without copy traders. That is why it is extremely important to track wallets and do research so you do not lose money. I was a victim of multi wallets and KOLs when I started trading. Lost so much money.