Trading bots are automated software tools that are used to execute trades depending on predefined strategies or real-time market data on the user’s behalf. These bots can perform tasks like selling, buying, monitoring wallets, and managing positions for traders. They are designed for the speed and convenience of users who can avoid the hassle of logging into exchanges every time they want to trade.
Trading bots on Telegram are automated systems that function within the Telegram messenger, allowing users to trade cryptocurrencies without needing to go onto any exchanges. These bots can execute trades based on set parameters, mirror other traders’ transactions, buy tokens from DEXs as soon as liquidity is available, and take part in token giveaways across various blockchains for profits. Here are the top 8 Telegram bots to look out for this month:
1. Unibot
One of the most popular and widely used Telegram trading bots, Unibot, lets users perform quick swaps on Uniswap. It also offers limit orders along with a copy trading feature and advanced features like copy trading, method sniping, private transactions, profit and loss analysis.
It is designed as a DEX aggregator with a user-friendly interface, letting traders execute complex trades within Telegram. They also offer a token scanner where users can get real-time updates on newly created tokens on the Ethereum chain.
2. Mizar
Mizar is a next-generation trading platform empowering users with advanced automation tools and AI for seamless trading across both centralized and decentralized markets. The bot is compatible with BNB Chain, Base, and Ethereum.
The bot offers multi-wallet support, anti-rug protection, and sniper trading. Traders can create low-risk trading strategies with DCA bots and also have a pay-per-use model, doing away with monthly subscription fees.
3. Banana Gun
Banana Gun is a Telegram trading bot for trading Ethereum, Solana, Base, and Blast chains. It offers auto sniping, limit orders, copytrade, anti-rug and reorg protection, scam and honeypot protection, and MEV-resistant swaps.
Specializing in auto-sniping, Banana Gun provides high-speed trading and charges a 1% snipe fee and a 0.5% fee for other trades. It has achieved over $5.3 billion in lifetime volume and 215,000 users.
4. BonkBot
A trading bot designed specifically for the Solana blockchain, BonkBot gives traders a non-custodial and seamless trading experience, letting users execute trades directly within Telegram without the need for traditional web interfaces or wallet connections.
BonkBot has leveraged Jupiter, Solana’s liquidity aggregator, to ensure optimal pricing and liquidity for trades. They also offer MEV protection to safeguard users from frontrunning and exploitative practices, along with the option of advanced order types and real-time alpha alerts.
5. Maestro Bot
A comprehensive Telegram trading bot that caters to DeFi traders across multiple blockchains, including Ethereum, Solana, and Binance Smart Chain. Features like multi-wallet support, whale alerts and Buy Bots, advanced orders, copy trading, and sniper bots are offered for users with all levels of experience.
There is a 1% fee per trade and a premium feature with lower fees, more wallets and priority features for $200/month. Maestro Bot has processed over 20 million trades and $7 billion in trading volume.
6. Wagie Bot
Wagie Bot is a DeFi trading bot that works on Ethereum, Binance Smart Chain, Solana, and Arbitrum. It delivers an ultra-fast performance and allows traders to execute a variety of operations within Telegram and Discord.
It includes features like token sniping, copy trading, and advanced order management. It also has a WAGIEBOT token that offers traders fee discounts from 0.8% to 0.3%, access to premium features like active snipes, and group perks.
7. Trojan Bot
A Telegram bot built for the Solana network, Trojan Bot offers a wide array of features for novice and advanced traders alike. Trades can be executed under 2 seconds, ensuring rapid response times in a fast-paced market.
Copy trading, automatic buy and sell options, MEMV protection, and a new pair scanner are some of the major features of the trading bot. It has a standard fee of 1% per transaction and offers a referral discount of 0.9% per transaction.
8. BullX Bot
BullX Bot is not just a Telegram trading bot but also offers a web application that integrates the bot into the website seamlessly. Users can initiate trades and receive real-time alerts within Telegram and access advanced trading tools on the web application.
It taps into features like limit orders, Dollar-Cost Averaging to automate trading strategies, and also provides real-time access to live charts, liquidity metrics, and multi-wallet management. BullX Bot also offers multi-chain support across Ethereum, Binance Smart Chain, Arbitrum, and Solana.
With the fast-paced nature of the crypto market, Telegram trading bots offer users a chance to take a step back and not worry about keeping a constant eye on price movements. A lot of the bots offer advanced trading features that let traders utilise their strategies without having to switch platforms constantly. While the list above offers details about the best trading bots in the market, it is always advisable to do your own research to find the right one for your trading needs.
Disclaimer. Readers are encouraged to do their own research. Ambcrypto is not liable for any outcomes related to the use of information, products, or services mentioned. This content may include affiliate or partner links.
Source: https://ambcrypto.com/top-8-telegram-trading-bots/