Banana Gun Review
A published percentage fee across eight chains
of 10
Banana Gun scores 5.0 in crypto trading tools on desk research of its public pages. Its 0.5% and 1% fees are published and it names eight chains, but no operator is identified, key storage is undocumented and user wallets were drained in 2024.
Fees
0.5% manual trades, 1% snipes; no subscription
Custody
User-controlled wallet per terms; bot-side key storage not documented
Chains
8 named: ETH, SOL, BSC, Base, Robinhood, Stable, HyperEVM, MegaETH
Security
Session PIN with 8h change delay; no audit; Sept 2024 exploit (~$3M)
Entity
Not named; English law, arbitration in The Bahamas
Scores
Each criterion carries equal weight. The overall score is the average of these 5 scores — (8.0 + 6.0 + 6.0 + 3.0 + 2.0) ÷ 5 = 5.0.
Pros
- Pricing transparency (8): 0.5% on manual trades, 1% on snipes, successful trades only, no subscription
- Venue coverage (6): eight chains named, from Ethereum and Solana to HyperEVM and MegaETH
- Custody (6): terms describe user-controlled wallets with the private key shown to the user once
- Security PIN on Banana Pro with an 8-hour delay on changes and a 7-day reset
Cons
- Entity transparency (2): the terms name no company, address or team
- Security posture (3): no audit published and no statement on how the bot stores keys
- About $3 million left user wallets in a September 2024 oracle exploit, per QuillAudits
- Fees may change without notice, and Banana Pro and Predict carry no stated fee
How Banana Gun scores in crypto trading tools
Banana Gun, a Telegram trading bot with a web terminal called Banana Pro, is rated in our crypto trading tools ranking on the same five equally weighted criteria as the hosted exchange bots. Each is marked 0 to 10 from Banana Gun's public pages and documentation, checked on 6 November 2026. We did not create a bot wallet or trade.
| Criterion | What the public record shows | Mark |
|---|---|---|
| Pricing transparency | 0.5% on manual trades and 1% on snipes, charged on successful transactions only; no subscription. Banana Pro and Banana Predict fees not stated. | 8 |
| Custody & API safety | Terms say users trade through "their own controlled Wallets" and are solely responsible for the private key. Where the bot stores the signing key is not documented. | 6 |
| Venue coverage | Eight chains named on the homepage: Ethereum, Solana, BNB Smart Chain, Base, Robinhood, Stable, HyperEVM and MegaETH. The wallet guide's list differs. | 6 |
| Security posture | A session PIN with delayed changes and resets is documented for Banana Pro. No audit published, key storage undocumented, and about $3 million left user wallets in a September 2024 exploit. | 3 |
| Entity transparency | Terms refer only to "the Company." No legal entity, address or team is named. | 2 |
The overall score is the plain average: (8 + 6 + 6 + 3 + 2) ÷ 5 = 5.0.
Three marks moved at this check, each on evidence that was not in the July review. Custody & API safety rose from 5 to 6 because the terms of service now set out the self-controlled wallet model, the same standard at which Trojan scores 6. Venue coverage rose from 5 to 6 as the named chain list grew from four, plus one on Banana Pro, to eight. Security posture rose from 2 to 3 for the documented PIN controls. The earlier score was 4.4.
Strongest criterion: a published fee
Pricing transparency (8) is the one strong mark. The homepage states the fee as a percentage: 0.5% of a manual trade and 1% of a snipe, which is a pending buy that fires when a new token's liquidity appears. On a $500 manual buy that is $2.50, and on a $500 snipe $5, before network gas, any priority tip and the token's own tax. The rubric places a swap bot that publishes its percentage above one that does not. It stops short of 9 because the terms say fees may change "with or without advance notice" and are non-refundable, and because the web terminal and prediction-market product carry no stated fee.
Weakest criteria
Entity transparency (2) is a measured deficiency. The terms give English governing law, arbitration seated in The Bahamas and a fallback to the courts of Saint Vincent and the Grenadines, but never say which company a user is contracting with. A dispute forum without a named counterparty leaves the reader unable to tell who answers for the service.
Security posture (3) combines one documented control with two gaps and a recorded incident. The Banana Pro PIN page describes a session lock lasting 1 hour to 7 days, an 8-hour delay before a new or changed PIN takes effect and a 7-day wait to reset a forgotten one; those delays slow down someone who has taken over an account. Against that, the wallet setup guide says nothing about how Banana Gun stores the keys its bot signs with, and no audit is published. A post-incident analysis by QuillAudits (18 October 2024) reports that from 19 September 2024 a flaw in the Telegram message oracle let an attacker move about $3 million out of user wallets on both the EVM and Solana bots. It says Banana Gun shut the bots, patched the flaw and pledged full refunds from its treasury. On the category's security scale, which counts disclosed controls, the PIN is the one control on the record, and one control scores 4. A disclosed, handled breach counts as a control only when the operator's own notice is in the record; here the loss is documented by a third party and Banana Gun's statement was not among the sources opened, so the incident lowers the mark by one point, to 3.
Custody & API safety (6) sits in the middle because the model is honest about who owns the key but not about who can use it. A new wallet's private key is shown once, and an existing wallet can be imported by pasting its key. Either way the bot must hold a usable copy to sign trades without a wallet prompt, so funds in a bot wallet are exposed to Banana Gun's systems as well as to the user's own mistakes. That is a structural feature of hosted bot wallets rather than a finding specific to Banana Gun, and it is why no Telegram bot in the ranking reaches the top of this criterion.
Venue coverage (6) credits eight named chains. It is held back because the homepage and the wallet guide disagree: the guide lists Arc for EVM wallets and omits HyperEVM. Check the chain you need inside the bot.
What the score does not cover
- Execution quality, sniping success or speed, which cannot be measured from public pages.
- The BANANA token and its revenue-share rewards. They are a separate holding, and this site does not publish token prices or forecasts.
- Whether the tokens a user snipes are safe. Banana Gun's own sniper guide warns that most new token deployments are scams; our guide to common crypto scams covers the patterns.
Banana Gun vs BonkBot and Trojan
On current marks Banana Gun, at 5.0, ranks tenth of ten, behind the two other Telegram swap bots in the ranking: BonkBot (6.8) by 1.8 points and Trojan (5.2) by 0.2. Banana Gun leads both on venue coverage (6 against 3 and 4), because BonkBot trades Solana only and Trojan is Solana-centred. BonkBot is ahead on custody (8 against 6), security (7 against 3) and entity (8 against 2), with a stated non-custodial model, documented key-management hardware and a named Swiss operator. Against Trojan, Banana Gun leads on pricing (8 against 7) and ties on custody (6), but trails on security (3 against 4) and entity (2 against 5), since Trojan's terms name an operator and governing law.
Who it suits
The score supports Banana Gun only for a narrow use: fast swaps and snipes across several chains, with a fee you can calculate in advance, from a wallet holding no more than you are prepared to lose. It does not support keeping savings in a bot wallet, given the unnamed operator, the undocumented key storage and the 2024 drain. Our wallet security guide explains how to keep a trading wallet separate from long-term holdings.
How it compares
Bitsgap
Refusing API keys that can withdraw, across 16 named exchanges
3Commas
Published pricing and non-custodial, trade-only API keys
Altrady
API-only bots across 19 named exchanges from a named Dutch firm
Cryptohopper
No-withdrawal custody with plan prices and refund terms in full
Coinrule
Trade-only API keys written into its terms, with a named UK operator
TradingView
Charting with full plan pricing and refund rules, no custody
Gunbot
Self-hosted bot that keeps exchange keys on your own machine
BonkBot
Documented key security and a named Swiss operator on Solana
Trojan
Solana trading in Telegram with a stated 1% fee and named operator
Sources
Scored from published primary sources rather than hands-on use. Every figure above comes from one of the pages below, on the date shown. Manufacturers change prices and specifications without notice — if something here no longer matches the source, tell us and we will correct it.
- 1.Banana Gun — homepage (fees, chains, products) — checked
- 2.Banana Gun — terms of service — checked
- 3.Banana Gun docs — wallet setup — checked
- 4.Banana Pro docs — setting up a security PIN — checked
- 5.Banana Gun docs — sniper guide — checked
- 6.QuillAudits — Banana Gun exploit analysis (18 October 2024) — checked
Frequently asked questions
Why does Banana Gun score 5.0?
It averages five equal marks: 8 for pricing, 6 for custody, 6 for venue coverage, 3 for security posture and 2 for entity transparency.
What holds Banana Gun back?
No named operator, no published audit, no statement on how bot-held keys are stored, and a 2024 exploit in which about $3 million left user wallets.
Why did the score change from 4.4?
The terms now describe the user-controlled wallet model, the homepage names eight chains instead of four or five, and a security PIN with delayed changes is documented. Each moved its mark by one point.
Who is Banana Gun's rating useful for?
Traders who want quick multi-chain swaps with a fee they can work out in advance and who keep only small, disposable balances in the bot wallet.
How does Banana Gun compare with BonkBot and Trojan?
It scores below both: 5.0 against 6.8 for BonkBot and 5.2 for Trojan. It covers more chains than either, but BonkBot documents more on custody, security and its operator, and Trojan names an operator and governing law where Banana Gun names none.
Nothing here is financial advice. Editorial policy · How we score · How we're funded.