Traders can now access to trade more than 3,000 tokens on the BNB Chain directly from the Pancakeswap Telegram Swap bot.
PancakeSwap has launched a new Swap Bot on Telegram, making it possible for users to trade thousands of tokens without leaving the messaging app. This launch builds on the success of the platform’s prediction bot and offers a convenient way to access PancakeSwap’s vast range of trading options directly within Telegram.
Starting now, PancakeSwap stated that users can trade over 3,000 tokens available on the BNB Chain. The Swap Bot connects users to PancakeSwap’s v2, v3, and stableswap pools, all from a familiar chat interface.
Per Pancakeswap, unlike the usual method of swapping tokens, which often involves juggling multiple apps or websites, this new bot simplifies the process by integrating it entirely within Telegram. Now, crypto enthusiasts can manage their assets more conveniently.
Crypto swap bots on Telegram started as a way to make trading cryptocurrencies easier and more accessible. They began because many people already used Telegram for messaging, so having a trading tool within the same app was convenient.
The bots use simple commands to let users swap, buy, or sell cryptocurrencies directly in a chat without needing to log in to a separate website or app.
At first, developers saw Telegram’s bots as a way to bring crypto trading to more people without requiring technical knowledge. By typing commands in a chat, users could swap tokens quickly, track prices, or even set up automatic trading.
Over time, these bots became popular because they saved time, had low fees, and allowed people to trade crypto without complicated setups.
PancakeSwap stated that its Swap Bot offers competitive trading fees, with some as low as 0.01%. It also provides real-time transaction updates so users can track their trades as they happen.
To use the bot, users just need to open Telegram, navigate to the PancakeSwap Swap Bot through this link: https://t.me/pancakefi_bot, connect their wallet, and then enter the token and amount to swap.
Initially, the prediction bot and related features won’t be available directly in the Telegram app store. Instead, users can access the Swap Bot through the direct web link or bot, where they can try out all features and experience easy trading with PancakeSwap in a new and accessible way.