# FAQ

**Q: Do I need to create a wallet to start using LOOP?**\
**A:** Nope. LOOP instantly generates a secure Solana wallet for you the moment you open the bot. You can also import your own wallet anytime.

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**Q: Where are my funds stored?**\
**A:** On-chain. Always. LOOP never holds your tokens or keys - you stay in control, we just help you trade smarter and faster.

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**Q: How do I fund my wallet?**\
**A:** Tap “Wallets”, copy your SOL address, and send SOL from any exchange or wallet. You’ll see your balance update in real-time.

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**Q: Can I withdraw SOL anytime?**\
**A:** Yes. LOOP makes it easy to send funds out - just go to “Wallets”, select your address, and tap “Withdraw”.

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**Q: Is it safe to trade via Telegram?**\
**A:** Yes - LOOP interacts directly with your wallet. You sign transactions inside Telegram with no seed phrase sharing. It’s fast, self-custodial, and transparent.

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**Q: Is LOOP free to use?**\
**A:** Absolutely. LOOP charges only a **0.7% flat fee per trade**, with up to **47% cashback** via our referral system.

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**Q: Can I use LOOP if I’m new to crypto?**\
**A:** 100%. LOOP is made for everyone - from first trades to full-time degens. No charts, no tabs, just buttons that do the work.
