- Bitbot, created by a group of former Wall Street traders, is a new Telegram-based bot designed to offer users the best of non-custodial trading.
- The presale for the native BITBOT token is expected to officially launch on January 17, 2024.
- Bitbot targets $3.5 million in the presale.
Anticipation for a bull run that could dwarf the parabolic gains that sent Bitcoin (BTC) price to above $69,000 during the last market cycle is ramping up. Traders are positioning ahead of this, and what better way to get ready for the main action than with a trading tool that hands users complete sovereignty of their crypto assets.
Bitbot, a new institutional-grade trading tool set to unlock massive opportunities for retail investors is designed for these and more. Read on to find more.
Is the retail investor ready to take over – again?
The imminent launch of Bitbot (BITBOT), the first Telegram bot to bring non-custodial trading to the market, suggests this is the case and it all has investors hyped. But before checking out what this new trading tool is all about, take a second to digest this tidbit:
Something extraordinary happened during the last bull market. Although it involved the video game retailer Gamestop, it illustrated the retail investor’s power.
As markets reeled from the impact of Covid-19, a historic short selling drive looked primed to grind Gamestop to a halt. Its stock price plummeted. But with traders on Reddit (the subreddit r/wallstreetbets) collectively working against Wall Street hedge funds, the short squeeze that followed in 2021 was one the stock market had not seen before.
Its 2024 and events such as the GameStop saga offer a lesson: that the retail investor can make it even when odds are stacked against them. The daring plan that had Wall Street cornered resulted in a Netflix documentary, and its clear that the market isn’t just for the global hedge funds and other institutional players.
The crypto trading landscape has evolved rapidly as more innovation, including artificial intelligence (AI), brings new tools to more people. Since the last bull market, one of the key developments in this sector is the Telegram trading bot.
What is Bitbot (BITBOT)?
As noted, Bitbot (BITBOT) is a Telegram-based trading bot. Telegram bots are custom trading apps or programs that offer blockchain-based tools users can tap into for advanced functions and features, boosting their trading and earning potential. They are increasingly useful in the crypto space.
However, there’s often a trade off between the convenience that users enjoy and the possible security risks that come with operating like traditional platforms.The emergence Bitbot, the new product that merges the best of both worlds, is what the market needs. Eeverything about it suggests there's potential to completely revolutionize the trading industry.
Access to the presale is on January 17, 2024, with the official launch expected in Q2, 2024.
Why Bitbot? Is it different from other Telegram trading bots?
Unlike current tools in the market, Bitbot features a self-custody solution boosting the privacy and security of top tier self-custody wallets. Apart from MPC Custody, it also supports Anti MEV Bot, which protects users from MEV bots. According to their website, there’s also an anti-rug feature.
Notably, this Telegram bot has the backing of Knightsafe, a decentralized digital asset custody provider. Also, those looking to sign up will find the crypto mantra of “your keys, your wallet, your assets” a strong element of Bitbot.
BITBOT presale and early bird advantage
Apart from the opportunity to benefit from the security features available to all users, there’s real-time market intelligence, copy trading opportunities, snipe trades and a gem scanner. With hundreds of presales scanned for potential investment opportunities, users will not just be on top of their game with Bitbot, but will also get insight from the best traders and investors in the market.
Bitbot will also offer passive income avenues. When it launches, BITBOT holders will have governance rights and help future growth and development. However, there’s long term investment potential. Users will benefit from robust revenue sharing and referral programs among other perks.
As the project looks to raise $3.5 million for early development, a total of 300 million BITBOT tokens are available for early birds. The initial presale price will be $0.0100.
Are you eyeing the bull market for potentially life-changing trades, signing up for a great trading tool could be one of the first steps towards getting into position. Check out Bitbot’s features on its official website.
You can also join the BITBOT token presale here when it goes live next week.
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