ApeX Protocol Unveils Telegram Bot for Decentralized Derivatives Trading

The ApeX Bot, a inaugural L2 DEX Telegram (TG) bot focusing on derivatives trading inside a decentralized framework, was released by the leading crypto derivatives DEX, ApeX Protocol, marking a major milestone. Its novel Bot Key solution, created internally by the ApeX team, is its most distinctive feature. Innovative technology acts as a strong defense mechanism, reducing the significant dangers often associated with user money thefts and hacks common with centralized alternatives. ApeX is launching a referral campaign with a $30,000 USDC prize pool to commemorate its launch on Telegram.

ApeX Telegram Bot: Self-Custody and Security

Crypto TG bots have been quite popular lately, with over $190 million in of trading activity. Nevertheless, despite their widespread use, these bots do have drawbacks, such as their centralized structure and limited functionality. With a heavy emphasis on user fund security, ApeX Bot uses a decentralized strategy to try to allay these worries.

The ApeX Bot gives customers complete management over their holdings, in contrast to other TG crypto bots that do not provide users to keep custody of their assets. By reducing the hazards associated with centralized alternatives, ApeX’s novel decentralized paradigm, supported by the Bot Key solution, offers consumers more security.

As the first L2 DEX bot to handle derivatives trading, ApeX Bot stands out from the competition by providing customers with cutting-edge trading alternatives.

• Testnet: Conveniently test platform features and get detailed instructions.
•  Synchronization: From ApeX desktop and mobile, seamlessly sync your login status.
• Trading: Choosing markets, placing orders, and tracking P&L are all made simple.
• Position Management: Effortlessly close positions, monitor P&L, and check balances.
• Referral System: Simplified administration of trade bounty claims, links, and referral codes.

Up for grabs: 30,000 USDC

Users who utilize the ApeX Bot to recommend friends and communities who are brand-new to ApeX Pro may win USDC prizes in honor of the ApeX Bot’s debut. Each referral made using a special invitation link is eligible for rewarding incentives. Please visit the official ApeX Protocol blog for further information.

Road Ahead

ApeX Protocol’s trading bot has a futuristic roadmap. The inclusion of trading signals, which will provide users with insightful market data and support for the copy trading feature, will be among the next improvements. Users will also be able to immediately duplicate transactions through the ApeX Bot on Telegram.

“As ApeX continues to innovate and lead in the crypto trading space, the introduction of the ApeX Bot marks yet another milestone in its commitment to providing users with the best trading tools and experiences”, said Tekla I, head of Business Development at ApeX Protocol.

Experience the future of decentralized derivatives trading by signing up for ApeX Protocol now and using the ApeX Bot on Telegram. Start right now.