Telegram has become the home of a new generation of trading bots that toe the line between convenience and chaos.
A new type of trading bot is sweeping through crypto communities with the promise of faster transactions and advanced techniques, but the dangers could far outweigh the benefits. They also pose a new trade opportunity for those who want to ride the wave of rapidly rising demand.
Telegram trading bots (TTBs) are trading interfaces contained entirely within Telegram, a messaging app already popular with crypto communities. Through a single chat window, users can buy and sell cryptocurrency on-chain using shortcuts, predefined strategies, automation and even utilize MEV and front-running protection.
And the benefits are substantial.
Trades are much faster to execute than using a normal keyboard, mouse and web browser, and certain features would be otherwise inaccessible to…
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