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New telegram bot instant contract buying: how it works

Instant Cryptocurrency Buying Bot | Sparks Interest Amid Safety Concerns

By

Fatima Ahmed

Apr 30, 2025, 07:39 PM

Edited By

Akira Tanaka

Quick read

A user interacting with a Telegram bot on their phone, showcasing the instant contract buying feature.
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A new Telegram bot designed to buy cryptocurrency instantly when a channel posts about a contract is generating buzz and skepticism. The creator claims this tool aims to enhance trading efficiency, but experts warn of potential risks associated with unknown bots.

Bot's Functionality and Key Features

The bot operates by monitoring specific Telegram channels that boast thousands of followers. When a contract is posted, the bot executes a buy order, sets take profit targets, and includes stop losses. Developer claims it aims to offer a streamlined trading experience, much like established trading bots.

Developer's Assurance

While some are cautious, the developer insists, "I'm building a working product and charging legitimate fees rather than scamming users." To alleviate fears, they offer to fund new wallets with a small amount of cryptocurrency to allow testers to evaluate the bot's performance.

User Reactions and Sentiments

Feedback from people regarding the bot is mixed:

  • Concerns Over Security: One comment cautioned, "Understand the risk youโ€™re taking on by using an unknown bot by OP; if itโ€™s malicious, youโ€™re getting wiped 10/10.โ€

  • Support for Trials: In contrast, another user expressed willingness to test the bot, citing, "Once you create a new wallet, I will fund it, and you are free to test it."

  • Skepticism: Many people question whether the bot is truly reliable or just a gimmick.

Key Points to Consider

  • ๐Ÿ›‘ Users express security fears about utilizing unknown bots.

  • ๐ŸŽฎ Developer offers trial fund to encourage testing of the user experience.

  • ๐Ÿ’ฌ Promises to create a user-friendly trading environment, despite skepticism.

The Future of Automated Trading?

As the crypto landscape evolves, the introduction of tools like this bot raises questions about the safety and integrity of automated trading. Will users embrace such innovations, or will caution prevail? Current sentiments suggest a cautious approach, balancing innovation and security.