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Bitbot: The App Poised To Shake Crypto Trading In 2024

Benson Toti
Benson Toti
Benson Toti
Author:
Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.
February 8th, 2024

Bitbot recently launched its token presale and within three weeks, is emerging as the top Telegram bot as traders position amid an increasingly bullish crypto market.

Bitcoin, Ethereum and other top altcoins continue to target upside momentum. Elsewhere, investors are keen on the potential of the $438 million Telegram trading apps market. In this section of the crypto market, Unibot and Banana Gun continue to trend.

However, the investment community is looking at Bitbot as one of the best crypto investment opportunities in 2024. Here’s why this trading app’s presale is making it onto traders’ watchlists.

Bitbot: The crypto investors’ “dream” trading solution?

Bitbot (BITBOT) is a new crypto trading bot set to launch on Telegram, the social messaging app with over 800 million users. In the crypto trading space, one of the hottest trends today is the pre-halving and post-halving predictions for Bitcoin (BTC).

The bull market, as experts continue to opine, could get impetus from Bitcoin’s halving, the adoption of spot crypto ETFs and macroeconomic factors – including potential turmoil in the banking space. Traders are eyeing the opportunities on offer and Bitbot stands out as one of the new gems amid these scenarios.

Telegram trading bots are custom applications built on Telegram. They are tailor-made to offer functions and features that traders can tap into as they seek trading opportunities without having to flip in and out of their Telegram account.

To say that the trading community has its focus firmly on Bitbot (BITBOT) isn’t stretching anything – there’s evidence to back this up. As noted, Bitbot is a new crypto project whose imminent entry into the market could coincide with the anticipated 2024 bull run.

In the past year or so, a number of Telegram trading apps have made a mark on the crypto trading scene – notably Unibot and Banana Gun.

However, none of these bots are the world’s first non-custodial trading app. Bitbot is and with Unibot and Banana Gun hitting rocks with security exploits last year, Bitbot’s revolutionary approach has it winning the race to be top trading bot.

What sets Bitbot apart?

Well, Bitbot promises to give users the peace of mind when trading. Its self-custody of assets feature leverages the cutting-edge MPC technology by Knightsafe.

In this case, Bitbot users will be able to integrate trades from their cold wallets, with Knightsafe’s decentralized digital assets custody backing the smart contract wallet functionality. Basically, with Bitbot, it’s “your keys, your assets, your wallet.” This is Bitbot’s key USP – users retain full control of their private keys.

Also notable is the anti MEV and anti-rug bots, which adds another layer of protection. Here, the bot’s design caters to real-time monitoring and on-chain detection capabilities, safeguarding users against any MEV launches and rug pull transactions. In an ecosystem still navigating a proliferation of malicious actors, Bitbot comes loaded with potentially game-changing solutions.

Add this to the institutional-grade trading tools like AI-enabled automation, copy trading and gem scanner, market experts are saying that the Bitbot trading bot is what every trader might need access to during the bull market. If you are a beginner trader, no worries; the vast Bitbot and Telegram crypto trading community will share valuable insights.

Bitbot’s official X account is also a good platform to learn from pro traders. See the latest post below for an example.

Bitbot presale accelerating

Bitbot has stormed the crypto market with clear targets in sight and highlighted via a roadmap. While the presale event is expected to run through Q1, 2024, the grand unveiling will be in Q2, 2024. This is when the global trading community will have access to Bitbot’s non-custodial trading platform.

Debuting its BITBOT token sale on January 17, the project zoomed past the $200k milestone within 72 hours. In just three weeks, that has accelerated past $450k.

Investors have seen the token’s value rise through the first three stages. According to their whitepaper, this will continue throughout the 15 stages of the presale, with 300 million BITBOT, or 30% of the maximum supply of 1 billion, available to early bird investors.

Do you want to learn more about Bitbot? Check their whitepaper or visit their website.

Contributors

Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.