Telegram bots have become another milestone in the development of crypto services. Many platforms provide bots to add convenience and flexibility to their offers. How do bots work to exchange cryptocurrencies? Read further to find it out.
What Is a Telegram Bot?
Generally speaking, a Telegram bot is an application that is embedded in chats of this messenger and performs particular functions. Specifically, bots enable their users to get notifications, integrate with other services, receive payments, create custom tools, and do many other things. Some businesses have noted the convenience of this tool and use it to interact with customers.
How Do Telegram Bots Work in the Crypto Industry?
The crypto community is a melting pot of speculators and hodlers, ardent enthusiasts and bashful newbies – each of them having different purposes and intentions. A great variety of Telegram bots out there serves to satisfy various needs, enabling users to:
- Get trading signals and alerts
- Send trading commands
- Hold digital assets
- Learn news and latest updates about the crypto industry
- Exchange cryptocurrencies
This is not a full list of things bots can do, but we will focus on the exchange function. Using the ChangeNOW bot as an example, we will show you how to swap cryptocurrencies in a few taps on any device.
What Can ChangeNOW Bot Do?
The bot under review has been developed by ChangeNOW, a non-custodial cryptocurrency exchange platform that facilitates limitless crypto-to-crypto and fiat-to-crypto swaps. Enjoying the choice of almost 400 assets, users can exchange coins free of registration with no hidden fees.
ChangeNOW_officialbot helps users exchange cryptocurrencies. Once you start, the bot provides you with a list of available coins via a link to the website. You can select one of the offered popular cryptocurrencies: BTC, ETH, BCH, LTC, XMR, and ZEC. If you need another crypto not on this list, type the name or symbol of the cryptocurrency you are looking for.Investment Disclaimer