New York, USA, January 24, 2024, Chainwire

Inside 72 hours of the presale beginning on January seventeenth, Bitbot raised an unbelievable $300,000.

Bitbot goals to guide the Telegram buying and selling bot market, a fast-growing section of the buying and selling app market with lifetime buying and selling quantity price $7 billion.

Telegram buying and selling bot permits merchants to handle their cryptocurrency buying and selling portfolio inside the Telegram app. In follow, which means an investor who makes use of Telegram continuously (a major variety of the 800 million lively Telegram customers) straddles his two purposes, the change and the Telegram app, to handle his trades. Which means you now not have to function with Moreover, the Telegram buying and selling bot presents all of the automated buying and selling options present in change apps, bringing collectively the perfect of two worlds in a single seamless package deal.

Andrew Jacobs, Technical Product Advisor at Bitbot commented: Our mission is to supply particular person merchants with highly effective, institutional-grade instruments in a easy and intuitive buying and selling interface backed by strong safety. We’ve got an important workforce and we stay up for driving the evolution of the product and assembly the Bitbot group at his common AMAs, which will probably be revealed on our social channels in the course of the pre-sale interval. ”

The Bitbot workforce goals to maneuver shortly with a comparatively small fundraising objective of $4.3 million, and is predicting a speedy pre-sale with costs closing between $0.0100 and $0.0200, with an preliminary funding earlier than the mission is listed. It’s possible you’ll be supplied 100% return on your own home. A further incentive is the engaging provide that the Bitbot token holder will obtain his 50% of the corporate's earnings, distributed as a share of his holdings, after its launch this yr.

Bitbot (BITBOT) is Official website.

Selling mass market adoption with Bitbot

Telegram buying and selling bot will increase comfort by permitting customers to carry out the complete buying and selling course of inside Telegram, the popular messaging platform for cryptocurrencies, avoiding the usually complicated consumer expertise related to exchanges.

Whereas Telegram buying and selling bot buying and selling volumes are spectacular, it’s clear that there’s nonetheless a majority share of the pie that’s at present dominated by conventional crypto exchanges. Even Bitspay, which constantly ranks within the high 70 exchanges on CMC, has a buying and selling quantity just like all his Telegram buying and selling bots mixed. The magnitude of the chance is obvious when it comes to potential market share, and it’s this type of potential that’s driving the product and growth workforce and Bitbot to ship a product appropriate for mass adoption. .

That is most likely one of many issues with Bitbot's opponents. Telegram buying and selling bots may be fairly complicated and far of their operation depends on consumer instructions. Furthermore, many safety points have plagued even the most important gamers out there, which is a bitter level for some however could possibly be a really constructive benefit for the Bitbot model.

Bitbot tackles each of those points head-on. First, it eliminates the necessity for complicated instructions by offering an intuitive in-app interface that change customers can immediately acknowledge.

Second, it presents non-custodial buying and selling. This implies a consumer can combine her Bitbot with a chilly pockets and get rid of the disagreeable have to half with non-public keys to provoke the bot's highly effective automated buying and selling options. That is supported by the model's partnership with Secure Storage. This can be a thus far unprecedented product within the Telegram buying and selling bot market and a really distinctive and modern strategy targeted on institutional stage asset safety.

This bot presents a myriad of superior options, from copy buying and selling to computerized sniping, that may enchantment to each inexperienced persons and superior merchants.

Tokenomics and presale roadmap

In line with the mission's whitepaper, Bitbot's pre-sale will run till the primary quarter, with the mission listing anticipated to be revealed on exchanges within the second quarter (which is feasible given the present trajectory, until the pre-sale sells out early). .

Allocation particulars embrace: 30% reserved for presale, 20% for growth workforce, 14% for advertising and marketing, 3% for liquidity, and a pair of.3% obtainable to group (rewards and (consisting of airdrops), and 10% will probably be allotted to the Treasury.

The 20% designated to the event workforce can have a one-year vesting interval to make sure long-term dedication from the workforce.

Bitbot’s spectacular journey within the crypto market

Competing buying and selling bots Unibot and Banana Gun shortly rose to prominence, with Unibot's token value exceeding $230 simply three months after its launch. In line with a latest article on CoinDesk, buyers who participated in Unibot's presale reportedly earned a return of round 200x.

Bitbot hopes to observe of their footsteps, and its spectacular fundraising was supported by a quickly rising group. 90,000 followers of X Inside per week of the presale announcement, greater than 5,100 members had signed up on Telegram. The mission is at present already in stage 2, with a token value of $0.011, and solely 9,200,000 tokens left earlier than stage 3, when the value will increase by 5%.

Bitbot hopes to draw pre-sale buyers following the latest acceptance of Bitcoin ETFs and elevated buying and selling exercise within the crypto market. This has garnered vital social assist and has been featured in distinguished crypto publications resembling Invezz, which has already named Bitbot one of many high cryptocurrencies of 2024.

About Bitbot

Bitbot is a brand new Telegram buying and selling bot that goals to place institutional buying and selling instruments into the palms of retail customers, permitting them to commerce utilizing a wide range of superior options, together with sniping and replica buying and selling.

Audited by Strong Proof, Bitbot focuses on safety and follows the motto “Your keys to your property.” To realize this goal, the mission partnered with Knightsafe to ship the world's first non-custodial Telegram buying and selling bot to cut back threat for buying and selling companions, and enhanced it with anti-MEV and anti-lag know-how.

To be taught extra about Bitbot (BITBOT) customers and to buy, please go to the Bitbot website. Web site.

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