- Bitbot, a new Telegram trading bot, will launch its presale on January 17, 2024.
- The excitment around the approval of a first spot Bitcoin ETF in the US and other positive catalysts in has traders buzzing for Bitbot's launch.
- Interested presale participants can sign up with the mailing list for all news and updates about Bitbot.
The crypto market has bounced following the brief turmoil that accompanied a “fake” spot Bitcoin ETF approval news alert on Tuesday.
Bitcoin is trading near $46k again as most altcoins have reclaimed key levels. Amidst all the positivity, is the belief that the SEC is still set to issue an approval for a spot Bitcoin ETF. In fact, experts say it could be as early as Wednesday January 10, with trading starting on Thursday.
With markets abuzz, the attention recently focused on Telegram trading bots is shifting to a new project in the ecosystem that is just days away from its official launch. The project, which is attracting massive interest as seen by the growing mailing list sign ups, is Bitbot (BITBOT).
Here’s an overview of what Bitbot is and why it is likely to dominate the crypto trading space.
Bitbot, the non-custodial Telegram bot
Most traders will tell you Telegram bots are the “in-thing” of today’s crypto trading market. This outlook comes from the fact that they offer advanced tools designed to offer the best possible returns for its users, particularly in an ecosystem navigating from the quirks of a nascent industry.
A number of Telegram trading bots have indeed captured the collective interest of users with the intuitive, automated tools. Leading Telegram trading apps hold the largest chunk of the segment’s market cap. However, recent security compromises and rug pulls have revealed the magnitude of risks users face when using platforms that retain custody of users’ assets.
Bitbot, whose token sale is just days away, is taking the issue of Telegram bot security to a new level. Dubbed the “world’s first non-custodial Telegram bot”, Bitbot wants to put investors in control of their assets. Full-custody means traders have peace of mind when trading.
With Bitbot, it’s “your keys, your wallet, your assets.” Self-custody provider Knightsafe is at the center of this security reassurance, while users will benefit from additional features such as Anti MEV Bot and anti-rug. Essentially, Bitbot brings an institutional-grade trading solution to the retail investor.
By signing up and joining the upcoming Bitbot presale, traders are not just putting themselves in position to tap into the first non-custodial Telegram bot. It is an opportunity to reap big from the investment potential that has so far mostly profited the institutional investor.
When is the Bitbot presale?
The native BITBOT token will go on presale next week, January 17, 2024. Bitbot is thus a must-have for traders looking to leverage its cutting-edge technology amid the upcoming bull market. Long term potential also means traders might not want to miss the opportunity the presale presents in terms of acquiring BITBOT at a bargain.
Once the presale goes live, the next step will be Bitbot’s official launch. If successful, there’s a likelihood its token could become one of the hottest Telegram trading apps. Apart from governance, a BITBOT holder will have access to passive income via revenue sharing and a referral structure among others.
Bitbot will offer 300,000,000 or 30% of the 1 billion token supply during the public sale, with the initial token price set to be $0.0100. Presale participants will have the opportunity to purchase BITBOT with USDT, ETH, USDC, BNB.
Are you a crypto trader positioning amid the expected bull cycle? Take a look at Bitbot by visiting its website. As noted, a great way to keep tabs on its development is by signing up with their mailing list. Find more details here.
