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Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: Greenlight on November 28, 2024, 11:39:32 AM

Title: It’s the battle of CEXs on telegrams
Post by: Greenlight on November 28, 2024, 11:39:32 AM
 
Is it me or are like most of the major CEXs scrambling to make mini apps now?!

Seen one of OKX then Gate. io the latest is bitget promising users rewards if they used the mini app to trade. CEX. io even went as far as making a mini game app! Won’t be surprised if I wake up to binance on telegram too.

What is going on?!
Title: Re: It’s the battle of CEXs on telegrams
Post by: electronicash on November 28, 2024, 08:03:26 PM

they are creating telegram apps?  must be because of the popularity of telegram.

they wake realizing there are more people in telegram than on social media today.  its easier to make people come to crypto because telegram itself have wallets. even the regular people today who usually just stick to social media are now open to chatting outside messenger. easy to chat with someone in telegram.
Title: Re: It’s the battle of CEXs on telegrams
Post by: bhadz on November 28, 2024, 08:31:38 PM

Is it me or are like most of the major CEXs scrambling to make mini apps now?!

Seen one of OKX then Gate. io the latest is bitget promising users rewards if they used the mini app to trade. CEX. io even went as far as making a mini game app! Won’t be surprised if I wake up to binance on telegram too.

What is going on?!
Are they? I don't know that but if they do, they always do that. Whatever is on the trend, they are trying to get in so that they won't lose the trend. So, if the mini apps are the hype now, they are trying to enter the trend so that they won't be left behind. Unless, this is about some shilling of an specific exchange that you have mentioned that mostly is happening on the other forum too.
Title: Re: It’s the battle of CEXs on telegrams
Post by: Findingnemo on November 28, 2024, 09:38:22 PM
There's no battle, I don't see Binance or any other exchange I use are doing this and it should not be.

Telegram is a place where scams are more frequent and why an exchange should rely on different app? Why not build their own app because you mentioned mini app which I guess the app version for the smartphones?

P.S: possibly a Bitget shill account.
Title: Re: It’s the battle of CEXs on telegrams
Post by: JoyMarsha on November 28, 2024, 09:43:09 PM
It's getting wild out here! I've noticed that all the major centralized exchanges (CEXs) are suddenly creating mini apps on Telegram. OKX, and Bitget are already on the bandwagon, with Bitget even offering rewards to users who trade through their mini app. And even took it a step further by launching a mini game app! I wouldn't be surprised if Binance joins the party next. What's behind this sudden trend?
I don't understand why you are repeating the exact question the OP is asking. Do you read and understand the OP's post before writing your post reply as what is been asked already?

Not to prolonged issues, the answer to your question has been provided. Read the post replies above. Next time try to read the OP's post before asking the same question as the OP
Title: Re: It’s the battle of CEXs on telegrams
Post by: Tribalchief on November 28, 2024, 10:06:39 PM

Is it me or are like most of the major CEXs scrambling to make mini apps now?!

Seen one of OKX then Gate. io the latest is bitget promising users rewards if they used the mini app to trade. CEX. io even went as far as making a mini game app! Won’t be surprised if I wake up to binance on telegram too.

What is going on?!

I haven't really take note of the recent apps that are been promoted because I make use of one of the exchange that you've mentioned above. But for sure, I can agree that the exchange I use often offer to give rewards for certain task that are been completed, maybe even for trading as well, but not certain of where the whole mini app is coming from.

Having binance on telegram, lol, that's very funny. The Truth is, as the crypto space continues to expand, we tend to see more expansion in other areas as well. The problem at the end of the day will have to do with differentiating between the original and the fake.
Title: Re: It’s the battle of CEXs on telegrams
Post by: joniboini on November 29, 2024, 07:19:21 AM
Having binance on telegram, lol, that's very funny. The Truth is, as the crypto space continues to expand, we tend to see more expansion in other areas as well. The problem at the end of the day will have to do with differentiating between the original and the fake.
I tend to believe this is another trick to shill an exchange unique feature instead of genuinely asking about revolutionary trends. Even if exchanges do flock to Telegram to launch an app or whatever, I don't think I'll touch that if it means exposing my account details. There have been many cases where hackers exploit API permission or something similar to execute trades that benefit them. Exchange might prevent them from draining your balance but they can do other things to hurt us.
Title: Re: It’s the battle of CEXs on telegrams
Post by: ABCbits on November 29, 2024, 10:40:00 AM
It seems some people really want Telegram to be super app or all-in-one apps, even though it feels like putting all eggs in a basket. So those exchanges simply ride the hype and give reward for both newcomer and existing user to keep using their exchange. It already happened few times, where exchange offer staking or lending feature.
Title: Re: It’s the battle of CEXs on telegrams
Post by: Greenlight on November 29, 2024, 12:29:28 PM
There's no battle, I don't see Binance or any other exchange I use are doing this and it should not be.

Telegram is a place where scams are more frequent and why an exchange should rely on different app? Why not build their own app because you mentioned mini app which I guess the app version for the smartphones?

P.S: possibly a Bitget shill account.

I used okx to claim memefi drop on telegram. Maybe you should take a detour to telegram and find out for yourself. I’m not disputing the fact that telegram is full of scams. Barely used the app until the gamefi airdrops started popping up. The scams happen in communities not on the apps (at least the ones I’ve engaged with.

And how’s this even a shill post???
Title: Re: It’s the battle of CEXs on telegrams
Post by: Findingnemo on November 29, 2024, 04:34:34 PM
There's no battle, I don't see Binance or any other exchange I use are doing this and it should not be.

Telegram is a place where scams are more frequent and why an exchange should rely on different app? Why not build their own app because you mentioned mini app which I guess the app version for the smartphones?

P.S: possibly a Bitget shill account.

I used okx to claim memefi drop on telegram. Maybe you should take a detour to telegram and find out for yourself. I’m not disputing the fact that telegram is full of scams. Barely used the app until the gamefi airdrops started popping up. The scams happen in communities not on the apps (at least the ones I’ve engaged with.

And how’s this even a shill post???

I don't use telegram other than it's intended purpose of chat, maybe I am old fashioned but it suits me well.

Like I said I primarily uses Binance which didn't notify of such kind that's why I said it's not a next big thing that you portrayed as battle.

Regarding shill, possibly yes in my opinion.
Title: Re: It’s the battle of CEXs on telegrams
Post by: hugeblack on November 29, 2024, 05:09:06 PM
It seems that the new user base is from the youth category or investors who prefer using the phone and therefore they will be the target group for such applications. I do not think that the old investors will think about downloading these applications, but the number of downloads indicates the growth of the use of such applications.
Title: Re: It’s the battle of CEXs on telegrams
Post by: bitterguy28 on November 29, 2024, 05:37:15 PM
What is going on?!
what is going on is that anyone is trying to make profit the way everyone is everyone is just following trends that is why it is so important for you to start a trend instead of follow an existing one they are trying to attract the most audience most customers and what is popular recently among investors? telegram and their mini games
Title: Re: It’s the battle of CEXs on telegrams
Post by: Asiska02 on November 29, 2024, 07:23:30 PM

Is it me or are like most of the major CEXs scrambling to make mini apps now?!

Seen one of OKX then Gate. io the latest is bitget promising users rewards if they used the mini app to trade. CEX. io even went as far as making a mini game app! Won’t be surprised if I wake up to binance on telegram too.

What is going on?!

They are all business ventures and they will go to where the marketing is most and they’ll make a lot of profits. Didn’t you see the statistics of the amount of new users that joined telegram only just because of this mini app games that are promising airdrops for their users? It was a large number that will bring the attention of this top exchanges to include their exchanges as mini app on telegram for easy accessibility to their customers that get to know about crypto through the telegram platforms. It is just for easy accessibility to their customers and I see nothing wrong in that if all securities that can be on exchange can also be on those mini apps when used on telegram.
Title: Re: It’s the battle of CEXs on telegrams
Post by: MrSpasybo on November 29, 2024, 08:32:13 PM
There's no battle, I don't see Binance or any other exchange I use are doing this and it should not be.

Telegram is a place where scams are more frequent and why an exchange should rely on different app? Why not build their own app because you mentioned mini app which I guess the app version for the smartphones?

P.S: possibly a Bitget shill account.
I also use Binance and haven't heard of any bots. I always handle my own trading instead of relying on protocols I don't understand. Telegram might be the world leading voice calling app, but it's not a suitable environment for implementing financial features.

I'm quite cautious before trying new CEXs, as they might have excessive fees or users could miss some regulations, and Telegram bots can't replace human interaction. If I have enough time, using the CEXs native app is always better than sending orders through Telegram.
Title: Re: It’s the battle of CEXs on telegrams
Post by: erus on November 30, 2024, 10:50:52 AM
Is it me or are like most of the major CEXs scrambling to make mini apps now?!
I don't understand what you mean by this, I need valid evidence such as news in online media or other information such as from the main website of each Centralized Exchange (CEX).

Seen one of OKX then Gate. io the latest is bitget promising users rewards if they used the mini app to trade.
I have never heard any real statement that OKEx Exchange and Gate.io made information about Telegram Mini Games, can you provide valid information about this?

CEX. io even went as far as making a mini game app! Won’t be surprised if I wake up to binance on telegram too.
What is going on?!
Nothing has happened until now and I noticed all CEXs are still as usual. I feel like this topic is kind of confusing me because of the lack of information given by the OP. Even Legendary members in this altcoinstalks forum are asking a lot about the validation of news like this CEX Mini Apps.
Title: Re: It’s the battle of CEXs on telegrams
Post by: jeraldskie11 on November 30, 2024, 03:40:21 PM
Telegram mini apps are on the trend after Notcoin became successful, the average user of that mini app earn $100 each worth of tokens. After that, there are lot of projects coming in Telegram to make a mini app and some of them were also successful and then followed by the DOGS which was created also with the same owner of Notcoin, that's why CEX's are also joining the trend so that it increase exposure especially those old exchanges. They are just following the trend, nothing special.
Title: Re: It’s the battle of CEXs on telegrams
Post by: The Odd Ducks on December 01, 2024, 07:06:02 AM

Is it me or are like most of the major CEXs scrambling to make mini apps now?!

Seen one of OKX then Gate. io the latest is bitget promising users rewards if they used the mini app to trade. CEX. io even went as far as making a mini game app! Won’t be surprised if I wake up to binance on telegram too.

What is going on?!

Wow, this is a new learning, something to read and understand about.
Title: Re: It’s the battle of CEXs on telegrams
Post by: bayu7adi on December 02, 2024, 03:26:47 AM
This is like an invasion, because they know that crypto activists are more active in using Telegram as their means of communication... and Telegram can also be infiltrated with various features that are maximized by service providers.. we can see bots there too... but it should be noted that official service providers should be able to convince that the mini applications they launch are valid, because we also find a lot of fraud...

This is a step to maximize the potential of Telegram users too, so it is only natural that many large companies are starting to look at Telegram as an active market for various fields, including the huge cryptocurrency space.
Title: Re: It’s the battle of CEXs on telegrams
Post by: Themepen on December 02, 2024, 08:12:06 AM
It is not just you who is thinking about this. We all know that many big exchanges are quickly making mini apps on Telegram. This is probably happening because mini programs are becoming very popular and exchanges need to stay competitive. By making mini apps and exchanges can give users better and easier way to trade right inside popular messaging apps like Telegram. Rewards and mini games are likely meant to encourage users to try these new mini apps. Binance also made. They are just tempting new users and inviting them to usr their services but reward is still uncertain.
Title: Re: It’s the battle of CEXs on telegrams
Post by: ZAINmalik75 on December 02, 2024, 08:03:19 PM

Is it me or are like most of the major CEXs scrambling to make mini apps now?!

Seen one of OKX then Gate. io the latest is bitget promising users rewards if they used the mini app to trade. CEX. io even went as far as making a mini game app! Won’t be surprised if I wake up to binance on telegram too.

What is going on?!
These exchanges also wants to increase their daily volumes and want to overtake one another so they adopt to the new trends these new bots okx, gate etc. have introduced, which can bring them more trading volume because airdrop hunters can generate trading volume to get the airdrop from these bots and this trading will benefit them.

Binance have their own telegram bot moonbix but they won't introduced new token they will distribute tokens from previous telegram bots. This battle will come to an end when people will realize they are wasting their time on these bots and with more knowledge about crypto they could earn more.
Title: Re: It’s the battle of CEXs on telegrams
Post by: TomPluz on December 03, 2024, 02:22:03 PM

This is not surprising to me since all of these CEXs platforms are always looking for ways and means they can make more business and to expand their base of users and certainly if you will be joining these CEXs in the Telegram you will be required to open an account in their own platforms. This is one of the many validations that Telegram and TON are capturing a big slice of the market where people are congregating and doing many things everyday adding more excitement and activities to it. As to Binance also getting into Telegram, I am not so sure of that as it is already the biggest one in the market though who knows, right?
Title: Re: It’s the battle of CEXs on telegrams
Post by: target on December 03, 2024, 02:39:41 PM

Binance took advantage of the opportunity to promote in telegram by having Thier own channel long time ago. If they will launch an app, they can easily grab to attention of those users from other countries that bann the exchange such as the people from Nigeria and my country as well.

Does app in telegram requires KYC also? Because if they apps will still ask KYC, it will still just be a hinder to the governments that banned binance.
Title: Re: It’s the battle of CEXs on telegrams
Post by: bitterguy28 on December 03, 2024, 03:22:32 PM
Does app in telegram requires KYC also? Because if they apps will still ask KYC, it will still just be a hinder to the governments that banned binance.
telegram requires mobile number so yes it does but you do not need to put your real name in so unless you have your mobile number connected with any personal accounts i don’t think you need to be truthful when registering a mobile number but if you are expecting a complete non kyc from telegram which is a platform that requires you to register with a phone number then you’re expecting wrong
Title: Re: It’s the battle of CEXs on telegrams
Post by: joniboini on December 04, 2024, 03:53:07 AM
It seems mini app is the way to go rn due to its efficiency and quick nature. -snip-  That'll be Telegram long term security. But this is a good innovation  nevertheless..
I think I've mentioned this before but I'm pretty sure a trading bot using Telegram with API keys is not a groundbreaking innovation. Some projects or apps do the same thing with better tools and interfaces such as TabTrader compared to a bot iirc. On the other hand, I'd be anxious because there are too many cases where API keys were exploited by scammers.

Does app in telegram requires KYC also? Because if they apps will still ask KYC, it will still just be a hinder to the governments that banned binance.
Won't they have to do KYC on Binance anyway, so whether Telegram needs KYC or not doesn't matter? Unless I'm mistaken on how these new bots work, I'm pretty sure using API keys won't bypass their KYC requirement. If they do allow people to abuse this for non-KYC accounts I think that would just give the government another excuse to take down Binance or exchanges who do this in general. CMIIW.
Title: Re: It’s the battle of CEXs on telegrams
Post by: Dr.Bitcoin_Strange on December 04, 2024, 04:43:53 AM
Does app in telegram requires KYC also? Because if they apps will still ask KYC, it will still just be a hinder to the governments that banned binance.
telegram requires mobile number so yes it does but you do not need to put your real name in so unless you have your mobile number connected with any personal accounts i don’t think you need to be truthful when registering a mobile number but if you are expecting a complete non kyc from telegram which is a platform that requires you to register with a phone number then you’re expecting wrong
The mobile number is only there to ensure/prove ownership of the account so you can’t really say it requires KYC because you put in your phone number, receive log in codes, access your account 100% without actually giving out none of your personal information or even an ID, and if that’s so, would you really say your undergone a KYC when you’ve really not given out any valuable information at all.
Title: Re: It’s the battle of CEXs on telegrams
Post by: albon on December 04, 2024, 05:13:10 PM
Some other exchanges have created telegram mini games because they have realized that these telegram tap to earn has created a lot of hype in the current context. Through this new crypto projects are coming due to which many exchange platforms are following this hype. Because the more users of an exchange platform, the more their income will increase. In simple words, the promotion of an exchange will be done through it. Currently more people are using this telegram media for crypto work, than others social media.
Title: Re: It’s the battle of CEXs on telegrams
Post by: taufik123 on December 04, 2024, 07:29:51 PM
Some other exchanges have created telegram mini games because they have realized that these telegram tap to earn has created a lot of hype in the current context. Through this new crypto projects are coming due to which many exchange platforms are following this hype. Because the more users of an exchange platform, the more their income will increase. In simple words, the promotion of an exchange will be done through it. Currently more people are using this telegram media for crypto work, than others social media.
The Telegram mini app was indeed very hype a few weeks ago and almost all the top CEXs made their games on Telegram minimal with simple games and can collect coins to get rewards that will be launched when the time comes.

But now the telegram ecosystem seems to be quiet and prefers to start it on the solana memecoin.
Because the hype will continue to change so we also need to be prepared to continue learning what is currently in demand.
Title: Re: It’s the battle of CEXs on telegrams
Post by: albon on December 05, 2024, 02:29:36 PM
But now the telegram ecosystem seems to be quiet and prefers to start it on the solana memecoin.
Because the hype will continue to change so we also need to be prepared to continue learning what is currently in demand.
Those who have a lot of referrals are making good profits from various new projects using this hype. But those who only waste time and money without any kind of referral are wasting a lot. However it is true that solona is following the hype and supporting some new projects. Recently solona coin price has increased and many new investors are now holding solona. They think that solona hold can participate in many airdrops. I don't know how far this hype can go but it won't run for long.