--- title: FirstLedger Sniper Bot Review: The #1 XRP Trading Bot on Telegram url: https://telegramtrading.net/firstledger-xrp-bot-review/ published: 2026-04-10 categories: Reviews, Tools tags: XRP, XRPL source: TelegramTrading.net — independent crypto trading bot reviews --- # FirstLedger Sniper Bot Review: The #1 XRP Trading Bot on Telegram FirstLedger Bot is the **first and leading Telegram trading bot on the XRP Ledger**, built to bring one-click DEX trading to XRPL without wallets, browser extensions, or technical setup. This review covers every feature, the fee structure, real trading strategies, and an honest look at who it is built for. ### Key Takeaways - The first Telegram trading bot ever launched on the XRP Ledger. - Fully self-custodial: private keys stored locally, never on a server. - Free to use with a small per-swap fee and no subscription or withdrawal charges. - Includes a token launchpad, 3 alert channels, and a companion mobile wallet. ## What Is FirstLedger Bot? **FirstLedger Bot** is the XRP Ledger’s first Telegram trading bot: a self-custodial DEX aggregator that lets you buy, sell, and manage XRPL tokens directly from a Telegram chat. It routes trades through both the XRPL’s native **order-book DEX** and its **AMM layer** to always get the better rate, with **3 to 5 second settlement** and sub-cent fees. No downloads, no KYC, no browser extensions. The definitive tool for anyone trading on the XRPL, and the starting point for newcomers exploring the [best Telegram sniper bots](https://telegramtrading.net/best-telegram-sniper-bots/) across all chains. ## History and Key Milestones ![FirstLedger Bot XRP Ledger Telegram trading bot banner] FirstLedger: the pioneer Telegram trading bot on the XRP Ledger, launched March 2024. FirstLedger launched on **March 22, 2024** as the first Telegram trading bot on the XRP Ledger, with **auto-signing trustlines**, multi-wallet support, PnL tracking, and 3 token alert channels on day one. Since then, the platform has added **social login** via Gmail and Twitter (removing the seed phrase barrier for new users) and **Joey Wallet**, a companion iOS and Android app with MPC security for full self-custodial XRPL access on mobile. ## FirstLedger Bot Features ![FirstLedger Bot trending tokens interface on the XRP Ledger] The FirstLedger trending token discovery panel ranked by volume, price change, and liquidity. FirstLedger is **far more than a buy/sell interface**. It is a complete XRPL trading suite that covers execution, wallet management, token discovery, and launchpad functions, all accessible from a single Telegram chat. The FREE setup and the breadth of features it ships with make it the most complete tool on the ledger. ⚡ **Lightning-Fast Execution** Trades execute in a few clicks using the XRPL’s 3 to 5 second settlement time and sub-cent transaction fees. 🔐 **Self-Custody Wallet** Private keys are encrypted and stored in the user’s browser or device; no third-party custodian ever holds funds. 🖊️ **Auto-Signing Trustlines** Trustlines are signed automatically before each purchase, removing a friction point that frustrated traders on other XRPL interfaces. 👛 **Multi-Wallet Support** Create or import multiple XRPL wallets and switch between them using the /wallets command; import via seed phrase or encrypted file. 📈 **Live PnL Tracking** Monitor unrealised and realised profit/loss in real time across all positions directly inside the bot interface. 📼 **Preset Buy Buttons** Configure custom buy amounts as one-tap preset buttons so you can enter positions instantly without typing amounts. 🧊 **Adjustable Slippage** Fine-tune slippage tolerance via /settings; the bot warns if the minimum required slippage exceeds your configured threshold. 🔑 **Wallet Encryption** Add a password layer to encrypt your stored wallet file for protection even if someone accesses your Telegram session. 🪙 **Token Launchpad** Create and launch XRPL tokens with burned LP from firstledger.net; the issuer account is auto-blackholed to prevent future minting. 🔔 **Token Alert Channels** 3 dedicated Telegram channels deliver real-time alerts for new token launches, new AMM pools, and LP burn events. 🌐 **Social Login** Create or access a self-custodial XRPL wallet using Gmail or Twitter (X), with no seed phrase required upfront. 📱 **Joey Wallet** A companion iOS and Android app that pairs with firstledger.net and supports social login recovery if your device is lost. 🏆 **Points System** Earn points by trading, creating tokens, and inviting users; points are expected to convert into a FirstLedger protocol token for early adopters. 📊 **Trending Token Discovery** The web app ranks tokens by a weighted blend of 24h volume, price change, and liquidity, with boosts for verified tokens and high unique-holder counts. ![FirstLedger XRP sniper bot token scan interface showing contract details] Token scan panel showing contract details, liquidity, and trading controls. ## Pros and Cons of FirstLedger Bot ### Pros & Cons ✓ Pros - Pioneer and undisputed leader on the XRP Ledger - Genuinely self-custodial with locally encrypted keys - Token launchpad with built-in anti-rug protections ✕ Cons - XRPL-only: traders active on other chains will need separate tools - Browser-stored keys require careful backup across devices ## How to Make Money with FirstLedger FirstLedger gives XRPL traders 2 clear paths to generate returns. The right one depends on your **time commitment** and risk tolerance. - 🚀 **Early Token Sniping**: subscribe to all 3 alert channels (new tokens, new AMM, LP burn) and preset your buy buttons with small-to-medium XRP amounts. Getting in during the first minutes of a token launch, before meaningful price discovery, can produce significant gains if the project gets traction. Set **slippage slightly higher** on new low-liquidity tokens and allocate only what you are comfortable losing on any single play. - 🪙 **Token Creation and Points Farming**: the launchpad lets anyone create an XRPL token for just **20 XRP** plus a 100 XRP minimum LP that is permanently burned. Launching earns you points toward the future FirstLedger protocol token and, if your project builds traction, real trading volume that benefits you as the developer allocation holder. The auto-blackholed issuer account reassures buyers and boosts your token’s credibility from day one. The **XRPL memecoin market** is younger and faster-moving than Ethereum’s. That means both higher upside and higher volatility on individual token plays. Treat early sniping as a small-allocation strategy and size each position accordingly. ## Fees and Cost Structure FirstLedger is FREE to set up and use. There are **no subscription fees**, no membership tiers, and no withdrawal charges. The platform charges a small percentage trading fee per swap, in line with other Telegram trading bots in the space, on top of the XRPL’s native network fee which is typically a fraction of a cent. For context: the XRPL charges fees in the range of **0.00001 XRP** per transaction, making it one of the cheapest settlement layers in existence. The **token launchpad** charges 20 XRP to create a token, with a minimum of 100 XRP burned as initial liquidity. This ensures every launched token has genuine skin in the game from day one and prevents low-effort rug attempts. ## How to Start Trading in Under 2 Minutes ![FirstLedger XRPL trading bot start screen on Telegram] The FirstLedger bot start screen on Telegram: no download, no KYC, no prior XRPL experience required. 1 ### Open the Bot on Telegram Search for [**@firstledger_bot**](https://telegramtrading.net/firstledger) on Telegram or head to firstledger.net and click the Telegram login button. No download, no KYC, no prior XRPL experience required. 2 ### Create or Import Your Wallet Choose to create a new **XRPL wallet** or import an existing one via seed phrase. You can also sign in with Gmail or Twitter for a frictionless **social-login wallet**. Back up your recovery phrase and encrypted wallet file immediately after setup. 3 ### Fund Your Wallet Send **XRP** to your wallet address. The XRPL requires a small reserve (2 XRP base plus reserves per trustline). You can fund via SimpleSwap, MoonPay, or a direct transfer from any exchange. Keep a small buffer above the reserve for transaction fees. 4 ### Find a Token Paste a **token contract address** or a firstledger.net token link into the bot chat. The trading panel loads with live price data, liquidity, and your **preset buy buttons**. You can also browse the trending tokens list on the web interface. 5 ### Execute Your Trade Tap one of your preset buy buttons or enter a custom amount. The bot **signs the trustline and executes the trade** in a single flow. Your position appears in PnL tracking immediately. To sell, use the sell panel that loads automatically after any buy. The **XRPL reserve requirement** is worth understanding before your first trade. Each new trustline you open (one per token you hold) adds a small XRP reserve that is locked, not spent. This is a native XRPL mechanism, not a FirstLedger fee. Plan your starting deposit with this in mind if you intend to hold many tokens simultaneously. ## Official Links and Verified Resources Always use **official channels** to avoid scams. Fake bots and phishing sites targeting XRPL traders do exist. The verified FirstLedger resources are listed below. The [XRPL Foundation documentation](https://xrpl.org/) is also useful if you want to understand the underlying ledger mechanics before trading. - 🤖 **Telegram Bot**: [@firstledger_bot](https://telegramtrading.net/firstledger) - 🌐 **Web Interface**: [firstledger.net](https://telegramtrading.net/firstledgerweb) - 📚 **Documentation**: [docs.firstledger.net](https://docs.firstledger.net) - 𝕏 **Twitter / X**: [@First_Ledger](https://x.com/First_Ledger) - 💬 **Community Chat**: [@FirstLedgerHome](https://t.me/FirstLedgerHome) on Telegram - 🔔 **Alert Channels**: [New Token Alerts, New AMM Alerts, LP Burn Alerts](https://t.me/FirstLedgerHome) (find via @FirstLedgerHome) The **docs.firstledger.net** documentation covers wallet setup, trustline mechanics, and advanced settings in full detail. For on-chain verification of any XRPL token you are considering trading, [XRPScan](https://xrpscan.com/) is the standard block explorer used by the XRPL community. ## Frequently Asked Questions Is FirstLedger Bot safe to use? Yes. FirstLedger is self-custodial: your private keys are encrypted and stored in your own browser or device, never on a server. The team never requests your seed phrase. As with any self-custody wallet, protecting your encrypted backup file and recovery phrase is your responsibility. What is the best XRP sniper bot on Telegram? FirstLedger Bot is the leading XRPL trading bot on Telegram and the only one with a full DEX aggregator, token launchpad, 3 alert channels, and a companion mobile wallet. It launched the category in March 2024 and remains the most feature-complete option on the XRP Ledger. Does FirstLedger Bot work on other blockchains? No. FirstLedger is built exclusively for the XRP Ledger. It routes trades through the XRPL’s native order-book DEX and AMM layer. Traders who also operate on Solana or EVM chains will need separate tools for those networks. How does the FirstLedger referral program work? Generate a referral link from the “Refer Friends” button. You earn 20% of every trading fee generated by your referrals, forever, paid in XRP. There is no cap and no expiry. Referral payouts accumulate automatically as your referred users trade. How do I start using the first ledger bot Telegram? Search @firstledger_bot on Telegram and press Start. Create or import your XRPL wallet, fund it with XRP, then paste any token address or firstledger.net token link into chat to open the trading panel. The whole process takes under 2 minutes with no KYC required. What is the XRPL trading bot fee? FirstLedger charges a small percentage fee per swap, consistent with other Telegram trading bots in the market. There are no subscription fees and no withdrawal fees. The XRPL network itself charges a native fee of around 0.00001 XRP per transaction. ## Resources - [FirstLedger Bot: Official Link](https://telegramtrading.net/firstledger) - [XRPL Foundation: XRP Ledger developer and protocol documentation](https://xrpl.org/) - [XRPScan: on-chain XRPL block explorer for token verification](https://xrpscan.com/) - [Ripple Insights: strengthening XRP Ledger security with AI](https://ripple.com/insights/strengthening-xrp-ledger-security-with-ai-for-next-phase-of-growth/) ## Related Articles