The established Telegram sniper (four chains, own $BANANA token) - fees honestly documented: 0.5% manual / 1% snipes.
Facts not fully verified (reported) as of 2026-09-03 - treat limits and prices as indicative and test small.
by the bitcointradingbots editorial desk · review version 1 · qwen3-235b-a22b-instruct-2507 · facts as of 2026-09-03 · how we verify
Banana Gun is an active Telegram-based trading bot specializing in DEX sniping across Solana, Ethereum, BSC, and Base. It launched in 2023 and operates without a traditional subscription model, instead charging a documented 0.5% fee on manual trades and 1% on snipes. The platform has its own $BANANA token and emphasizes fast execution, though it lacks advanced features like grid trading or backtesting. Data quality is reported, not verified.
Banana Gun uses a wallet_key custody model, meaning you must connect your own wallet to execute trades—your keys are not held by a third party. This reduces counterparty risk but places full responsibility for security on you. There is no IP whitelisting or OAuth authentication available. No security incidents have been reported to date. Since the bot operates via Telegram and connects directly to DEXs, any compromise of your wallet or Telegram session could result in fund loss—use strong 2FA and avoid sharing seed phrases.
Banana Gun does not charge a subscription fee and offers free access to its trading functionality. Instead, it takes a 0.5% fee on successful manual trades and 1% on snipe trades, deducted directly from executed transactions. There are no hidden costs or required credit card details for trial access. This pay-per-trade model means costs scale with usage, making it accessible for small-volume traders but potentially expensive for high-frequency users. No refund policy or trial period terms are documented.
Banana Gun supports spot trading and automated sniping on decentralized exchanges but lacks grid bots, DCA, futures, arbitrage, or AI-driven strategies. It does not offer backtesting, paper trading, TradingView signals, or custom code integration. The platform focuses solely on fast execution for new token launches across multiple chains. With no bot templates or strategy customization, it serves a narrow use case: rapid entry into newly listed tokens via Telegram commands.
Banana Gun operates across four blockchain networks: Solana, Ethereum, Binance Smart Chain (BSC), and Base. It connects directly to decentralized exchanges on these chains via wallet integration, bypassing centralized platforms. There is no documented KYC process, and availability in the US or EU is unconfirmed. Since it runs through Telegram and connects to non-custodial wallets, access is global by design, though regulatory compliance in specific jurisdictions is not disclosed.
Banana Gun is described as an established Telegram sniper with a presence across four chains and its own $BANANA token. Fee structure is transparent: 0.5% for manual trades, 1% for snipes, as confirmed on its official site. A Reddit user reported netting around 3% after fees during a week of Solana trading—anecdotal but rare firsthand performance data. No red flags or security incidents are documented, but data quality is labeled "reported," not verified. Independent testing at small scale is advised before committing significant capital.
Banana Gun is a niche tool for experienced users seeking fast DEX sniping across multiple chains without subscription fees. Its transparent transaction-based pricing and non-custodial model reduce financial barriers but require strong self-custody practices. Not recommended for beginners or those expecting automated strategies beyond sniping.
answer: It operates transparently with documented fees and no subscription costs, but requires connecting your wallet—so security depends on you. No scams or red flags are reported.
answer: Free to use—charges 0.5% on manual trades and 1% on snipes, with no subscription or hidden fees.
answer: No API keys are needed; it connects via wallet signature, not exchange API access.
answer: No, it does not support grid bots or any strategy requiring recurring buy/sell levels.
answer: No, Dollar-Cost Averaging (DCA) bots are not available on this platform.
answer: No, it does not integrate with TradingView or support signal-based trading.
answer: Availability is unconfirmed, but it operates without KYC through non-custodial wallets, suggesting potential access—regulatory compliance is not documented.
Based on our checks as of 2026-09-03: Banana Gun scores 5.5/10 in our weighted review. We logged no red flags. User reports and operator background are documented with dated sources in the meta-review below.
Is Banana Gun legit and safe to use?
How much does Banana Gun cost?
Do I need to provide API keys to use Banana Gun?
Does Banana Gun offer grid trading bots?
Can I set up DCA bots on Banana Gun?
Does Banana Gun support TradingView signals?
Is Banana Gun available in the US?
The Solana terminal that challenged Photon: 0.7% fees, perps and sub-second execution - anonymous team, expensive segment.
Multi-chain sniper terminal (Solana/ETH/BSC/Base) with perps - ~1% fees, JS-only site, treat details as reported.
The most-used Solana memecoin sniper web app - extremely fast, extremely expensive per trade, extremely risky segment.
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