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SirWin
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SirWin

From Uniswap to Bitbot: Why traders are making the switch

Press Releases
From Uniswap to Bitbot: Why traders are making the switch

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Uniswap, known for its $1 million+ trading volume, has traditionally been a favourite among new on-chain traders. However, Bitbot aims to change the status quo.

Amidst SEC legal actions, traders are seeking more stable and expansive alternatives like Bitbot, which has drawn $3.1m in presale funds in just 14 weeks. Read on to learn why Bitbot’s presale is capturing so much attention. 

Why investors are enticed by the Telegram trading bot market 

The Telegram bot market is blossoming with potential. Popular Telegram trading bots, including the likes of Banana Gun and Unibot, have a collective market cap of around $1 billion at the time of writing. 

These platforms revolutionized how crypto investors engage with the market, as evidenced by their over 1.4 million users and staggering trading volume exceeding $19 billion. Bitbot is entering this promising but underexploited market.

How Bitbot changes the trading world

Bitbot introduces the AI-driven Gem Scanner, providing unparalleled trading insights. By digesting data from various sources, the scanner offers optimal trading insights, while its machine learning models continuously adapt to market changes, identifying high-potential tokens before they become mainstream. 

This capability is setting Bitbot up for explosive adoption, especially in retail, as it can significantly enhance trading outcomes, attracting more users through positive word-of-mouth. This will likely be good news for BITBOT token holders as the Bitbot platform dominates the market.

Additionally, Bitbot’s introduction is expected to significantly impact the market by setting a new security and user autonomy standard in crypto trading bots. 

Instead of taking control of users’ private keys, its non-custodial wallet solution, supported by Knightsafe, leaves users’ assets and private keys in their hands until the trades are completed, protecting users from hacks. Notable security mishaps within the space include Banana Gun suffering a 99% drop after a contract bug and Solareum shutting down due to an exploit that drained user funds. These issues underline the necessity for a secure product like Bitbot.

Transparency is another key to Bitbot’s strategy. Unlike many crypto projects, the founders are exceptionally open about their plans and progress. 

They frequently update the community through Medium blog posts and hold regular AMA sessions to gather feedback and share insights, fostering an engaged user base and community, another factor that’ll likely contribute to BITBOT’s token price gains long-term.

Traders switching to BitBot

Uniswap’s ease of use has been a crucial factor in attracting a vast user base and handsome trading volumes.

However, while Uniswap has optimized the user experience for manual trading, Bitbot is set to revolutionize the market by leveraging advanced AI technology to streamline trading decisions further. 

Bitbot can work with a range of decentralized exchanges, and its AI algorithms are designed to automate the trading process, significantly removing guesswork. This also helps to enhance the ROI for traders by facilitating more informed, timely decisions, which is crucial in the fast-paced crypto market. 

Bitbot seizes the crown in the Telegram bot market

Bitbot’s title as the next crypto to explode is based on its groundbreaking features that set new industry standards in safety and profitability. Its robust non-custodial security measures, its anti-MEV, and advanced mechanisms to prevent rug pulls set a new safety benchmark in the market. 

Bitbot also introduces a lucrative revenue-sharing scheme where token holders receive 50% of all trading fees. This is complemented by a referral program offering a lifetime 15% share of transaction fees from referred users. These financial incentives are designed to expand the user base and boost token demand, supercharging exponential growth.

The market for Telegram trading bots is expected to increase significantly over the coming years. 

Despite Banana Gun’s rug pull scandal, the token price is currently up by around 250% over its launch price. Similarly, the 7-day trading volume on the Maestro platform is, at press time, over $67 million, even though it was hacked to the tune of $500k. 

It’s clear that Bitbot is not only innovative but also fulfils a need. It enters a market with multibillion-dollar potential without its competitors’ security vulnerabilities. 

The Bitbot potential 

With Bitbot entering a market with significant unmet needs highlighted by competitors’ errors, the BITBOT token is poised for success. 

And with forces like the halving and ETF popularity, now is likely the ideal time to pay more attention to a project on the cusp of dominating and growing a whole new sector. 

To learn more about this project, visit the Bitbot website.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.