Bitbot quickly raises $345K as the first self-custodial trading bot debuts on presale

Bitbot quickly raises $345K as the first self-custodial trading bot debuts on presale
фото показано с : invezz.com

2024-1-27 16:25

A few days ago, one of Telegram’s most ambitious trading bots went on presale. Approximately ten days since then, investors have accumulated over $345,000 of the tokens. Here I am talking of Bitbot, (BITBOT), the world’s first Telegram self-custodial trading bot. The quick presale success underlined just one thing – the world of niche tokens is just waiting to be explored. Get on this roller-coaster as we explore this token in-depth and elaborate on why it has become a sensation. 

What is Bitbot

Bitbot is a self-custodial trading bot enabling users to trade digital assets using cold wallets. The trading bot is housed on the popular messaging platform Telegram, increasing access and convenience. The trading bot features powerful features and institutional-grade technology. The features ensure that retail investors have the same resources as their institutional counterparts.

The reference, “self-custodial,” is perhaps Bitbot’s unique identifier. In simple terms, self-custodial means the owner being in control. In crypto, self-custodial means digital wallet owners have complete control over their private keys. Being self-custodial gives Bitbot users an added layer of security and control over their crypto assets.

However, there is a clear differentiation in how Bitbot’s self-custodial wallet works. The trading bot features ultra-flexible wallet management, assisted by MPC custodial API technology. If there is anything that Bitbot offers ahead of its predecessors, it is an added security with this technology. MPC, a keyless system, replaces the private keys with individual key shares. Since no third party can access the entire key, the system is secured more and authenticated.

Is Bitbot an attractive investment?

Investors may not have forgotten the painful hacks and crashes of Telegram tokens. The notable examples are Unibot and Banana Gun. Bitbot has learned from its pitfalls, with bot enhancement through the MPC custodial API a security boost. 

The bot is also crafted to ward off attackers, with anti-rug features to ensure maximum safety. Being an anti-MEV bot is also an added advantage in keeping away spies for maximum privacy and safety.

While security is undeniably a perk for Bitbot, the token’s attractiveness makes it worthwhile. Bitbot is crafted for the average and top investor. As mentioned, the bot features institutional-grade features for users looking for something a notch higher.

The powerful institutional technology is also favourable to novice investors. The technology makes access to key resources that would otherwise be inaccessible to smaller investors. This way, Bitbot ensures a level playing ground, making it a potentially attractive investment for many. 

For investors still learning the intricacies of crypto trading, Bitbot makes it easy for them. A copy trade feature allows inexperienced investors to copy the trades of their expert peers. This ensures faster access to trading opportunities and the generation of incomes. 

As Bitbot becomes a convergence point for expert and novice crypto investors, the ecosystem will likely grow. Consequently, the value of its token will increase, generating significant income for the investors. 

Should you buy Bitbot in the presale?

Bitbot presale is happening fast, suggesting investors’ high optimism for the token. Already, we have seen the potential that Telegram bots have. Before their controversial exploits last year, niche tokens saw monumental gains. Unibot recorded over 200x increases as crypto trading volumes on popular bots rose above $5 billion.

Bitbot presale offers a chance to have a stake in a growing niche market of trading bot tokens. The token is attractively priced at $0.0105, with expected gains after listing benefiting presale buyers.

The token’s price also rises at each stage of the presale. It is currently in the second stage of the presale. Investors can buy the token via the project’s website. 

The post Bitbot quickly raises $345K as the first self-custodial trading bot debuts on presale appeared first on Invezz

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