Post
Topic
Board Trading Discussion
Re: Why telegram trading mini app could be changing the narrative in the industry.
by
Faisal2202
on 22/11/2024, 19:45:36 UTC
It's just convenient for everybody involved - and trading bots are rampant on Telegram, for memes especially  Tongue Some are free, some are bought - but the fact remains that it's really appreciated for flippers and such.
I did not come to see any paid bot yet but recently I joined another bot that is giving some kind of tokens and we have to claim them. The bot name is pocketfi, as far as I understand, it's a platform to trade memecoins only and tbh I don't like memecoins but still joined the bot to get the tokens haha. Overall, I don't like the idea of trading on TG bots because the spam level from these bots and the data these bots can be accessing without proper disclaimers is just dangerous.

For example, there is this bot paws, and it gave the task to flip the phone upside down, and probably it is getting that information from the gyroscope or any proximity sensor (whatever the device has). The point is I did not know before these bots are also getting data and information from our device, as I think whatever permissions we give to TG those are given to TG bots as well, which raises concerns. And with time, when more spammy exchanges and trading platforms are live on TG, they will make it hard to track them, raising more concerns, therefore, I would only trust trusted and old exchange bots.