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Top Crypto Exchanges Flock to Telegram with Mini Apps and Trading Bots

Joseph Alalade
Joseph Alalade
Joseph Alalade
Author:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.
June 22nd, 2024

Some of the world’s top cryptocurrency exchanges have recently flocked to Telegram due to the popularity of the social media platform, which soared further after the launch of various mini-apps and bots.

As per the post on Toncoin’s Telegram official community channel on June 21, exchanges such as Bitget, KuCoin, and Bybit have all introduced their Mini Apps and bots using the TON Ecosystem to provide a smooth trading experience for Telegram’s 900 million users.

This trend underscores the movement toward integrating with this user-friendly global messenger platform.

Bitget, KuCoin, and ByBit Lure New Users with Telegram Mini Apps

Bitget, ranked as the 12th largest cryptocurrency exchange based on trading volume globally, has unveiled the Bitget Mini App. The app facilitates seamless registration and trading directly within the Telegram messaging platform and enables users to engage in Toncoin trading and earn exclusive NOT rewards for a limited time.

The Seychelles-registered company revealed the special promotion starting on June 20. During this event, users can participate in daily trading to win over 200 NOT tokens. This promotional period will last ten days, including trading to earn rewards in Notcoin (NOT) or making the first bot trade to receive additional rewards.

Equally, KuCoin, another worldwide trading platform with a trading volume of over $540 million in the last 24 hours has introduced a promotional event featuring its Telegram Mini App, xKuCoin. This Telegram app also enables immediate crypto swaps and provides a seamless trading experience for all users.

On June 20, KuCoin announced in partnership with TON that during the promotional period, 1,000 new users who sign up on the xKuCoin Mini App and have a net deposit amount of over 100 USDT through TON within seven days of registration will have an opportunity to receive 5 USDT each.

https://x.com/kucoincom/status/1804122099880976848

Similarly, 1,000 new users who conduct buy and sell trades totaling more than 200 USD during the promotional period on KuCoin will receive an additional 5 USD sent to their Telegram wallet.

Bybit is the latest addition to the list of global cryptocurrency exchanges that recently launched their Mini Apps on Telegram. Bybit’s TradeGPT bot offers automated strategies and token insights that are said to enhance accessibility and provide valuable guidance for cryptocurrency trading.

TradeGPT, accessible on the web as well, can offer advice on trending coins, market analysis, trading strategies, and technical insights, utilizing Bybit’s data.

We May Expect More Crypto Giants Soon

Other major players in the cryptocurrency industry may also begin to embrace Telegram fully. Telegram Mini Apps are streamlined, web-based applications embedded within the Telegram platform that offer extra features and services, such as games and marketplaces, thus eliminating the need for users to switch between different platforms.

The burning question is: Which exchange will be the next to join the Telegram revolution? With Telegram’s expansive user base, more exchanges will likely be eager to integrate their services in the coming months. This shift could revolutionize the way cryptocurrency is traded, offering millions of users a practical and easily accessible on-the-go experience.

Contributors

Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.