Cronos Labs-backed Nexabot AI launches AI-powered Telegram bot for cryptocurrency trading

(PRESS RELEASE – Hong Kong, Hong Kong, July 25, 2024)

Nexabot ai, the leading developer of ai-powered crypto tools, has announced the launch of an innovative Cronos EVM trading bot. The bot offers Telegram users a simple and easy-to-use interface to trade and monitor assets on the Cronos EVM blockchain network.

Nexabot ai has partnered with VVS Finance, the leading DEX on Cronos EVM, and is incubated by Cronos Labs, the $100M funded web3 startup accelerator supporting the development of the Cronos blockchain ecosystem. The launch of a dedicated trading bot on Telegram will make it easier for crypto users to quickly capture token trading opportunities on Cronos EVM.

The platform already supports spot trading of a wide range of tokens, including stablecoins, meme coins, and DeFi assets. Nexabot ai plans to enhance this capability to introduce perpetual futures trading through a partnership with Fulcrom Finance. This will allow users to execute advanced trading strategies and take advantage of broader market movements.

To start interacting with the Nexabot ai trading bot, the user simply needs to search for the bot: @thenexabot on Telegram or use the direct link: https://t.me/thenexabot and click “Start”. The bot guides them through the entire process, including wallet authentication, which is automatically completed with the user’s credentials that are securely stored on their Android or Apple device. The bot provides users with a hybrid custodial contract account wallet, meaning that private keys are not accessible without user authentication. This provides a strong layer of security and ensures that access to the wallet is limited to a specific Telegram and Google/Apple account combination.

In addition to trading, Nexabot ai aims to offer a number of other features that give users a 360-degree view of the cryptocurrency market. An ai-powered news and signals feed will summarize the latest market stories and developments, allowing users to make informed decisions about the tokens they trade.

With Nexabot ai, users can buy or sell tokens with the click of a button and submit orders through VVS Finance. Custom settings allow users to set slippage and determine whether transactions are denominated in CRO.

Nexabot ai aims to introduce innovative gas fee management for all transactions as it will use a single, predictable trading fee and will not require users to pay network fees, allowing traders to focus solely on their trading strategies without the worry of unexpected variations in gas fee costs.

The launch of Nexabot ai offers a dedicated, custom-built ai trading bot for the Cronos EVM ecosystem. It will transform the cryptocurrency trading experience for Cronos EVM users, combining the convenience of Telegram with robust trading, cheaper transactions, and ai-powered news and signals.

Learn more: ai/” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>https://NexabotAI.ai/

About Cronos

Cronos (cronos.org) is a leading blockchain ecosystem that has partnered with crypto.com and over 500 app developers and contributors representing an addressable user base of over one hundred million people worldwide. Cronos’ mission is to make it easy and secure for the next billion cryptocurrency users to adopt self-custody on the Web3, with a focus on decentralized finance and gaming.

The Cronos universe spans three chains: Cronos EVM, the leading ethereum-compatible blockchain built on the Cosmos SDK; Cronos POS, a leading Cosmos chain for payments and nfts; and Cronos zkEVM, a new high-performance Layer 2 network secured by ethereum.

Cronos is among the top 15 blockchain ecosystems and encompasses over $6 billion in user assets. Since its inception, it has securely settled over 150 million transactions.

Cronos is supported by Cronos Labs, a Web3 startup accelerator focused on DeFi, GameFi and the development of the Cronos ecosystem.

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