It’s the battle of CEXs on telegrams

[jeraldskie11]

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.

[The Odd Ducks]

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.

[bayu7adi]

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.

[Themepen]

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.

[ZAINmalik75]

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.

[TomPluz]

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?

[target]

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.

[bitterguy28]

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

[joniboini]

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.

[Dr.Bitcoin_Strange]

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.

[albon]

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.

[taufik123]

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.

[albon]

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.