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Apex is celebrating the launch of the Telegram bot by launching a referral campaign.
Top Protocol, a multichain decentralized derivatives protocol has introduced a Telegram bot named Apex Bot. According to a press release shared with Coinspeaker, the Apex bot is designed to facilitate seamless derivatives trading transactions.
Notably, it is the first layer-2 decentralized exchange (DEX) bot that supports derivatives trading and is unique as a protocol that offers advanced trading options to users. Tekla I, Head of Business Development at Apex Protocol, said this is a notable milestone in the company’s endeavor to provide users with the best trading tools and experience.
The solution leverages an extraordinary feature, the use of an absolutely revolutionary bot solution that has been developed in-house by the Apex team. Clearly, this feature is a cutting-edge technology that acts as a defense mechanism against certain risks.
Apex bot targets user’s fund security
Over time, substantial risks have proliferated that are closely related to user fund theft and fraud. This bot was launched to meet this challenge and reduce the risks associated with centralized options to the minimum level by adding an additional layer of security.
According to the press release, Apex is celebrating the launch of the Telegram bot by launching a referral campaign. Participants who introduce other people or communities to the program and get them registered will be eligible for a piece of the $30,000. usdc A prize pool has been set aside for this purpose.
Crypto Telegram bots are slowly gaining popularity and relevance in the industry. A total of $190 million worth of trade activity has been recorded in the region in the last few months. Amidst these important data, some challenges have plagued the technology, including their centralized versions with some defined limited functionality.
Apex Bot brings a completely new approach as it focuses on offering solutions to these challenges. It uses a decentralized approach that focuses on user fund security. Furthermore, the newly launched solution provides users with complete control over their assets. This is quite different from existing crypto bots that do not allow users to maintain custody of their assets.
Apex bot to see additional features
Some other features of Apex Bot are the seamless synchronization process from both desktop and mobile, ease of choosing markets to trade, ability to place orders and monitor them in real time. There is also a robust referral system where each user has a unique referral code and link to invite as many people as they want. As mentioned earlier, there is a commission associated with each referral.
For the future, Apex Protocol is considering the integration of trading signals. This upgrade will greatly help in providing users with valuable trading insights including market data. Also, it will offer support for copy trading functionality which will be useful for users in the long run, especially when they want to replicate trades directly through the Apex bot on Telegram.
Benjamin Godfrey is a blockchain enthusiast and journalist who loves writing about real-life applications of blockchain technology and innovations to promote general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies drives his contributions to well-known blockchain media and sites.
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