Bitbot vs. Maestro: Which is the Best Telegram Trading Bot for 2024?
Telegram trading bots are quickly becoming one of the fastest-growing areas in crypto. For those unfamiliar, these bots are a popular way for crypto traders to trade crypto within the Telegram app—a platform known for its thousands of crypto communities.
These bots offer unique sniping features, allowing users to instantly jump on newly-listed projects and other under-the-radar opportunities directly from their mobile devices.
However, Unibot hackers exploited vulnerabilities to steal nearly $600k in ETH from its users, and Maestro faced similar woes. Yet the market for Telegram trading bots is booming, with a lifetime volume exceeding $7 billion.
Notably, around a quarter of this trading activity occurred over the past month, highlighting their growing popularity in 2024. Even after its hack, Unibot saw its daily active users almost quadruple from December 2023 to January 2024.
As the market for Telegram trading bots heats up, a new contender, Bitbot, has entered the ring with its highly anticipated presale—one that’s raised $445k within just 21 days, earning it almost 100,000 Twitter followers. However, it’s going up against the market leader, Maestro, in competing for the top spot this year. Let’s uncover which could be the best Telegram trading bot for 2024.
Bitbot: The most secure option for Telegram trading bots
Created by a team of former Wall Street traders, Bitbot has learned from the mistakes of its competitors and builds on their successes as the world’s first non-custodial Telegram trading bot.
Unlike competitors that control user funds and private keys, Bitbot breaks the mold by partnering with KnightSafe, a decentralized, open-source self-custody service, to offer a non-custodial solution. This partnership means Bitbot users retain control of their assets until trades are settled.
Similarly, Bitbot incorporates advanced anti-MEV (Miner Extractable Value) and anti-rug pull technology, which protects users from predatory transaction fee inflation and scam projects. This Fort Knox-style protection, backed by blockchain auditing firm Solid Proof, is delivered within a simple, intuitive interface inside the Telegram app.
It offers sophisticated sniping tools that let users capitalize on up-and-coming presales, tokens mentioned on third-party channels, and trending projects in an exclusive Alpha list for holders of BITBOT tokens. This Alpha list uses AI analytics to evaluate on-chain metrics, identifying gems primed to pump and allowing traders to enter as early as possible.
Realizing the complexity of existing automated Telegram trading bots, Bitbot vastly simplifies the process. Traders can effortlessly set up, manage, and monitor trades with just a few taps and create up to three free wallets with a single click.
A referral scheme offering a 15% kickback of the referred users’ trading fees for life and a revenue-sharing mechanism only add to the profit opportunities. Finally, decentralized governance gives users a say in Bitbot’s future, ensuring it always remains a community-centric trading environment.
Bitbot’s potential in 2024
As Telegram trading bots surge in popularity, Bitbot may have timed its launch perfectly, with the Bitcoin halving in sight. As outlined in a recent CoinDesk piece, early Unibot investors enjoyed 200x gains, and its native UNIBOT token more than doubled in January.
Bitbot is in stage 3 of its 15-stage presale, priced at $0.011, with the presale set to conclude at $0.0200. With its strong focus on security, user-friendliness, and profit-making, Bitbot is positioned to recruit thousands of users. The stage is likely set for BITBOT to reach $2 this year, which would mark a 100x gain on the final presale price.
Maestro: The market’s leader with notable issues
As per Dune Analytics, Maestro is the current frontrunner in the Telegram trading bot arena, boasting over $3.5 billion in lifetime volume from more than 250,000 users. It laid the groundwork for much of what we see in today’s trading bot market. However, in October 2023, Maestro suffered a significant setback when hackers stole approximately $500,000 worth of users’ tokens.
Maestro offers the features traders have come to expect from Telegram trading bots: a trading terminal, sniping for presales, call channels, low-cap tokens, and copy trading. Yet, compared to Bitbot, Maestro must improve in a few critical areas.
The most notable is security. The October hack directly resulted from its custodial approach to users’ private keys. Without a proprietary token, Maestro users miss out on possible gains from the token’s growth. But it also means revenue-sharing, referral schemes, and decentralized governance are much trickier to implement—hence why Maestro offers none of these options.
Accessing Maestro’s token list and private chat requires a hefty premium of $200 per month, or $2,400 a year. Bitbot offers all token holders a similar chat and an AI-driven token list without recurring subscription fees.
Bitbot vs. Maestro: Which is better?
It’s easy to see how Bitbot stands in stark contrast to Maestro. Bitbot offers all of Maestro’s features yet sets itself apart with a vision of a more secure, profitable trading journey for its users. And without a native Maestro token, early adopters miss out on some serious gains.
Remember Unibot’s 200x returns? Since Bitbot is well-positioned to lead the market and challenge Maestro’s dominance with its superior technology, these gains could be well within reach for BITBOT presale investors.
With already 5,000+ members in Bitbot’s Telegram channel, nearly 100k followers on Twitter, and a flood of investment poured into the presale in a matter of days, Bitbot could lead 2024’s likely Telegram trading bot surge. BITBOT tokens look highly undervalued at $0.011, and it won’t be long until the presale sells out.