Wednesday, 17 April 2024

Crypto News

BITBOT: A 200x token welcoming the world’s first self-custodial trading bot

bitbot crypto trading bot website homepage

  • Bitbot presale has generated optimism with its security features and perks.
  • The presale occurs in 15 stages, marked by persistent price increases.
  • The token could claim a 200X gain after listing in Q2 2024.

The era of Telegram trading bots has dawned. One project that has quickly captured attention is Bitbot, the first self-custodial trading bot on Telegram. Since launching a presale a few weeks ago, the market frenzy has driven purchases to nearly $1 million. For a token still on stage 5, there is much to expect through to the last stage. This comes amid expectations that this token could follow its predecessors and claim a 200x surge. But is $BITBOT worth your investment? Let’s find out.

Bitbot: A unique investment opportunity in the DEX bot trading sector

Since the advent of Telegram trading bots, investors have been treated to a roller coaster. Existing tokens made instant hits at launch, generating massive returns. Conversely, constant hacks have dealt a blow to the sector. 

However, what has been noticeable is the rapid uptake and popularity of trading bots. Per the analytics platform Dune, the cumulative trading volumes on the DEX bot sector are past $8.4 million. This signifies huge potential for projects that address key investors’ concerns. Bitbot has uniquely positioned itself for this role, quickly gaining suitors and attracting investments. 

The key selling proposition of Bitbot is the self-custodial features, which are lacking among its rivals. This has excited investors about owning their private keys and exercising complete control over their funds. It means investors’ funds remain safe even when the platform is compromised. As 2023 exploits of Unibot and Banana Gun trading bots underlined, the private key feature was long overdue. 

Aside from the self-custodial features, Bitbot’s market frenzy has been generated by its security enhancements. The platform is reinforced with Knightsafe security protocols, mitigating counterparty risks and hacks. This has uniquely placed Bitbot as a market disruptor in the bot trading sector, attracting massive speculations.

How attractive is Bitbot investment?

Besides its security features, Bitbot is a highly convenient platform with numerous perks for investors. Like other Telegram trading bots, investors can trade with lightning-quick executions through the app. 

A deal…

Click Here to Read the Full Original Article at CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison…