Within 72 hours of the presale starting on January 17th, Bitbot raised an incredible $300,000.
Bitbot aims to lead the Telegram trading bot market, a fast-growing segment of the trading app market with lifetime trading volume worth $7 billion.
Telegram trading bot allows traders to manage their cryptocurrency trading portfolio within the Telegram app. In practice, this means that an investor who uses Telegram frequently (a significant number of the 800 million active Telegram users) straddles his two applications, the exchange and the Telegram app, to manage his trades. This means that you no longer need to operate with Additionally, the Telegram trading bot offers all the automated trading features found in exchange apps, bringing together the best of two worlds in one seamless package.
Andrew Jacobs, Technical Product Advisor at Bitbot commented: Our mission is to provide individual traders with powerful, institutional-grade tools in a simple and intuitive trading interface backed by robust security. We have a great team and we look forward to driving the evolution of the product and meeting the Bitbot community at his regular AMAs, which will be published on our social channels during the pre-sale period. ”
The Bitbot team aims to move quickly with a relatively small fundraising goal of $4.3 million, and is predicting a rapid pre-sale with prices closing between $0.0100 and $0.0200, with an initial investment before the project is listed. You may be offered 100% return on your home. An additional incentive is the attractive offer that the Bitbot token holder will receive his 50% of the company's profits, distributed as a percentage of his holdings, after its launch this year.
Bitbot (BITBOT) is Official site.
Promoting mass market adoption with Bitbot
Telegram trading bot increases convenience by allowing users to perform the entire trading process within Telegram, the preferred messaging platform for cryptocurrencies, avoiding the often complex user experience associated with exchanges.
While Telegram trading bot trading volumes are impressive, it is clear that there is still a majority share of the pie that is currently dominated by traditional crypto exchanges. Even Bitspay consistently ranks in the top 70 exchanges. CMC, whose volume is similar to all Telegram trading bots combined. The magnitude of the opportunity is clear in terms of potential market share, and it is this kind of potential that is driving the product and development team and Bitbot to deliver a product suitable for mass adoption. .
This is probably one of the problems with Bitbot's competitors. Telegram trading bots can be quite complex and much of their operation relies on user commands. Moreover, many security issues have plagued even the biggest players in the market, which is a sour point for some but could be a very positive advantage for the Bitbot brand.
bitbot tackles both of these issues head-on. First, it eliminates the need for complex commands by providing an intuitive in-app interface that exchange users can instantly recognize.
Second, it offers non-custodial trading. This means a user can integrate her Bitbot with a cold wallet and eliminate the unpleasant need to part with private keys to initiate the bot's powerful automated trading features. This is supported by the brand's partnership with Safe Storage. This is a so far unprecedented product in the Telegram trading bot market and a truly unique and innovative approach focused on institutional level asset security.
This bot offers a myriad of advanced features, from copy trading to automatic sniping, that will appeal to both beginners and advanced traders.
Tokenomics and presale roadmap
As per the project white paperBitbot's pre-sale will run until Q1, with project listings on exchanges appearing in Q2 (which is possible given the current trajectory, unless the pre-sale sells out early).
Allocation details include: 30% reserved for presale, 20% for development team, 14% for marketing, 3% for liquidity, and 2.3% available to community (rewards and (consisting of airdrops), and 10% will be allocated to the Treasury.
The 20% designated to the development team will have a one-year vesting period to ensure long-term commitment from the team.
Bitbot’s impressive journey in the crypto market
Competing trading bots Unibot and Banana Gun quickly rose to prominence, and Unibot’s token price fell $230 Just 3 months after its release. According to a recent study, investors who participated in Unibot's pre-sale reportedly received returns of approximately 200x. CoinDesk article.
Bitbot hopes to follow in their footsteps, and its impressive fundraising was supported by a rapidly growing community. 90,000 followers of X We have over 5,100 members the telegram Within one week of pre-sale announcement. The project is currently already in stage 2, with a token price of $0.011, and only 9,200,000 tokens left before stage 3, when the price increases by 5%.
Bitbot hopes to attract pre-sale investors following the recent acceptance of Bitcoin ETFs and increased trading activity in the crypto market. This has garnered significant social support and has already been featured by prominent crypto publications like his Invezz, which has listed Bitbot in an article. Top cryptocurrencies of 2024.
Bitbot is a new Telegram trading bot that aims to put institutional trading tools into the hands of retail users, allowing them to trade using a variety of advanced features, including sniping and copy trading.
Audited by Solid Proof, Bitbot focuses on security and follows the motto “Your keys to your assets.” To achieve this objective, the project partnered with Knightsafe to deliver the world's first non-custodial Telegram trading bot to reduce risk for trading partners, and enhanced it with anti-MEV and anti-lag technology.
To learn more about Bitbot (BITBOT) users and to purchase, please visit the Bitbot site. Website.
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Source: the-blockchain.com
