Is trading futures within Telegram possible?

Alone055

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Quote from: RockBell on December 15, 2024, 04:55:53 PM

When they are actually exchanges why would they be considering using telegram is not reasonable at all because we hear news of people scamming when it comes to telegram a lot of people are serious not focusing and some know the truth just that there attention might have shifted or something must have drawn them to using a telegram exchange when telegram exchanges are always having question mark but the moment someone get scammed other will learn.

It not for all the airdrop I find it very difficult to trust what ever telegram will come with I don't think i will be interested there are to many crimes going up on that app there head is always getting invited so this apps are suppose to be avoided when it comes to money transactions because they do a lot of money laundering this is to show how dangerous the app can be.

When people have this kind of mindset it's better to discourage them and let them do what ever they want to do on a normal exchange, to avoid money crisis.

Well, when we talk about scams that happen within Telegram in general, it's not the platform that is to be blamed for it, nor is it done by the projects run in Telegram's ecosystem or within The Open Network, but it is certain individuals that carry out such operations within the platform, and they are punished for it when they are caught and it is the responsibility of a person to make sure that they don't get scammed easily no matter what platform they are using.

Bitget is the second largest centralized exchange after Binance in the crypto sphere at the moment, and they have their wallet app in Telegram. So it's not that the platform is completely unsafe; it is just that users need to be careful with everything they do. At the end of the day, the safety of our funds is in our hands.

However, regardless of what I said above, I would also recommend that if someone can, they should use exchanges available externally and have their own apps, etc.

RockBell

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Quote from: GeorgeJohn on December 12, 2024, 05:53:05 PM

majority of those telegram exchange there are all scam because I've seen so many persons who lost their coins through telegram group so anything that has to do with telegram I don't think that 75% of them is legit mostly 80% of telegram exchange, telegram trading, telegram gambling, are all scam, so I don't need to justify anyone but I know quite well that most of people who is in telegram are there because of scam

When they are actually exchanges why would they be considering using telegram is not reasonable at all because we hear news of people scamming when it comes to telegram a lot of people are serious not focusing and some know the truth just that there attention might have shifted or something must have drawn them to using a telegram exchange when telegram exchanges are always having question mark but the moment someone get scammed other will learn.

It not for all the airdrop I find it very difficult to trust what ever telegram will come with I don't think i will be interested there are to many crimes going up on that app there head is always getting invited so this apps are suppose to be avoided when it comes to money transactions because they do a lot of money laundering this is to show how dangerous the app can be.

When people have this kind of mindset it's better to discourage them and let them do what ever they want to do on a normal exchange, to avoid money crisis.

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Quote from: ? on December 10, 2024, 01:11:27 PM

Someone recommended me using Telegram bots I didn't find one that could allow me to trade futures so I've been stumped here but what better place to get info than a crypto forum. I'd really appreciate some info on a way I can solve my issue more effectively, thanks in advance.

op, you better not to engage in such type of activities which seems good to be true but unfortunately, there is no any substitute for good old tradition learning and doing it by yourself which only leads losses at your end.

Lilybasil

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Quote from: nakamura12 on December 12, 2024, 03:19:36 PM

Quote from: Lilybasil on December 11, 2024, 11:03:57 PM

It's possible but you can dyor. From my experience with Bitget telegram mini apps, fees are slashed 50% and the liquidity is good. Here. https://t.me/BitgetOfficialBot/Bitget

There are lots of scammers who stay in telegram although there's really some legit apps on telegram but it's still best to do a lot of research as it could be a scam app on telegram that looks very legit even though it isn't legit. It's much more better if OP should not use telegram bot as it is very risky. We all know that telegram is known place for scammers to stay and scam people in any way they can like sending messages, introducing something where you can earn fake telegram bot and so on.

Definitely true..that's why you shouldn't interact with just random bot. It needs to be an official Exchange product like the one I mentioned I've been using. That way your mind would be at ease in terms of scams etc..

pawanjain

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Quote from: ? on December 10, 2024, 01:11:27 PM

I feel like I've really been spending way more time on Telegram these days and while it's for a good reason since it's because of a signal group that I joined I've been having a bit of problem when I keep trying to surf between the app and my exchange. It's mainly because of my phone being of low quality that it can only keep one app open but that's what I use for now.

Someone recommended me using Telegram bots I didn't find one that could allow me to trade futures so I've been stumped here but what better place to get info than a crypto forum. I'd really appreciate some info on a way I can solve my issue more effectively, thanks in advance.

If the problem is that you can only keep one app open then a simple solution would be to use a web browser instead.
You can open browser on your phone and open telegram in one tab and open an exchange like binance in a new tab.
Although the experience might not be as good as a native app but this can solve your problem.

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When it comes with the telegram bot they are just getting an API with the different platform and just fetch with the result of the users request like "/btc" and just return with the value of it. Base on my experience on developing with the Telegram. Also I've seen some platform operating with the telegram which you can open their application on it. Recently just seen a crypto gambling casino but as of now is I don't seen any related into Trading.

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Quote from: GeorgeJohn on December 12, 2024, 05:53:05 PM

majority of those telegram exchange there are all scam because I've seen so many persons who lost their coins through telegram group so anything that has to do with telegram I don't think that 75% of them is legit mostly 80% of telegram exchange, telegram trading, telegram gambling, are all scam, so I don't need to justify anyone but I know quite well that most of people who is in telegram are there because of scam

I think OP is looking for official telegram link from the exchanges which can be used for trading on Telegram. But as you said, some scammers will use it to scam and also try to give people fake ones which can easily be used to scam. Also what is not good about it is that even if it is legit, some people posted that Telegram will know all your information, including your login details which is very bad.

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Quote from: Oshosondy on December 10, 2024, 01:22:04 PM

I do not think there is any right now. The only one that I know of are gambling on Telegram and now noncustodial wallets on Telegram. But about exchanges on Telegram, it is possible but non that I know of right now. You will have no option that to reload the app instead. If it is not something official from the the exchange, better not to use it.

majority of those telegram exchange there are all scam because I've seen so many persons who lost their coins through telegram group so anything that has to do with telegram I don't think that 75% of them is legit mostly 80% of telegram exchange, telegram trading, telegram gambling, are all scam, so I don't need to justify anyone but I know quite well that most of people who is in telegram are there because of scam

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Quote from: ? on December 10, 2024, 01:11:27 PM

Someone recommended me using Telegram bots I didn't find one that could allow me to trade futures so I've been stumped here but what better place to get info than a crypto forum. I'd really appreciate some info on a way I can solve my issue more effectively, thanks in advance.

By now you already know that it is not a good idea.

Telegram has been know for a lot of things. They are stylishly try to shift into trading. First they created a wallet then they have mini trading app. You don't want to experiment with bots. They cannot be trusted. Any information you see there about successful trades on the platform should be doubted.

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Quote from: Lilybasil on December 11, 2024, 11:03:57 PM

It's possible but you can dyor. From my experience with Bitget telegram mini apps, fees are slashed 50% and the liquidity is good. Here. https://t.me/BitgetOfficialBot/Bitget

There are lots of scammers who stay in telegram although there's really some legit apps on telegram but it's still best to do a lot of research as it could be a scam app on telegram that looks very legit even though it isn't legit. It's much more better if OP should not use telegram bot as it is very risky. We all know that telegram is known place for scammers to stay and scam people in any way they can like sending messages, introducing something where you can earn fake telegram bot and so on.

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If you're able to trade futures then for sure you've got some money to buy a new phone. Just buy a new one if your old phone cannot be used for trading anymore. Instead of risking of using some unknown bots for you, just download the app of the exchanges that you're doing your future trading. It's a better idea to do that than to do some journey with those trading bots that you're interested with to do futures. If it's a good feature, the exchanges themselves will do that for their customers but if there's no suggestion and feature yet, stick to their apps.

ultrloa

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Why need to go on telegram while you can do future trading on a reputable exchange? You are just making your life hard while there's an easy and safe option available around.

I will not trust any telegram channel,apps or groups saying we can do trading futures with them. Since its risky to try and there's no turning back here once scamming will be pulled off by the creator of bots or anything what you call it.

Just to your trades in exchange and don't be so dumb to try those questionable things.

GreatArkansas

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Not unless you build the telegram bot for you where you can guarantee that your exchange API key is safe but it requires technical knowledge like coding.

To answer OP's question, YES is the answer but OmegaStarScream is also right because a lot of scams now especially when you expose your API key of an exchange platform, could put your funds in risk, even you only allow opening trade position access, they can still play that around.

Lilybasil

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Quote from: ? on December 10, 2024, 01:11:27 PM

I feel like I've really been spending way more time on Telegram these days and while it's for a good reason since it's because of a signal group that I joined I've been having a bit of problem when I keep trying to surf between the app and my exchange. It's mainly because of my phone being of low quality that it can only keep one app open but that's what I use for now.

Someone recommended me using Telegram bots I didn't find one that could allow me to trade futures so I've been stumped here but what better place to get info than a crypto forum. I'd really appreciate some info on a way I can solve my issue more effectively, thanks in advance.

It's possible but you can dyor. From my experience with Bitget telegram mini apps, fees are slashed 50% and the liquidity is good. Here. https://t.me/BitgetOfficialBot/Bitget

AYOBA

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Quote from: ? on December 10, 2024, 01:11:27 PM

I feel like I've really been spending way more time on Telegram these days and while it's for a good reason since it's because of a signal group that I joined I've been having a bit of problem when I keep trying to surf between the app and my exchange. It's mainly because of my phone being of low quality that it can only keep one app open but that's what I use for now.

Those that have been an expert on the Telegram mini app say that performing future trading on the Telegram mini app will be very difficult if a person doesn't have knowledge about it, because it also involves so much risk; that's why people didn't advise newbies to introduce themselves into future trading, but if it is a normal Telegram mini app, then everybody is capable of doing it since it does not require much knowledge. Once you have a smartphone and data, that's all.

My advice to you as a newbie is that it is better for you to go and learn normal future trading than to suffer yourself in telegram future trading, and at the end of the day, you will lose all found without achieving a single gain, but if you hustle for your knowledge, you will know which exchange to use for future trading.

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Quote from: ABCbits on December 11, 2024, 04:25:54 AM

Telegram mini apps is gaining popularity, so you may check whether exchange or trading website you use also create their official telegram mini apps. If they don't offer that, you better allocate funds for future trading into buying new and more powerful phone (or similar device) rather than trusting random bots.

Yes there are trading telegram apps or bots that let you trade future or leverage trading but can also do some memecoin trading on pumpfun. The famous one are called BullX and Photon, but Id only use the first one and its good that you can set such stop loss or profit take if hit your order.

Margin trading on telegram is good as it gained utmost reputation on how they do things which seems impossible before.

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Telegram mini apps is gaining popularity, so you may check whether exchange or trading website you use also create their official telegram mini apps. If they don't offer that, you better allocate funds for future trading into buying new and more powerful phone (or similar device) rather than trusting random bots.

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I don't think that's a good idea to use Telegram for future trading. Like they said, that is risky and another thing is trading in futures need technical analysis, so how can you do that if you are not on the chart? Using the chart directly from the exchanges has some tools that you can use to do some technical analysis, so if you are going to telegram, you won't be able to do a technical analysis.

If you actually want to do this while following a trader on Telegram, I suggest instead of using a phone for future trading, better use a laptop or PC because it's wide open and you can open them at the same time.

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Quote from: ? on December 10, 2024, 01:11:27 PM

I feel like I've really been spending way more time on Telegram these days and while it's for a good reason since it's because of a signal group that I joined I've been having a bit of problem when I keep trying to surf between the app and my exchange. It's mainly because of my phone being of low quality that it can only keep one app open but that's what I use for now.

I would not use telegram for any kind of serious trading, unless you are willing to expose all your personal information, phone number and everything that you wrote there.
Even if you use alternative phone number you should know that all information is stored on telegram servers forever and you can never delete it.
Not to mentioned that there is a bunch of scammers and constant bot spam, that all increases risk of using this app.

Amphenomenon

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There are many risks involved and I don't advise this and also I doubt this kind of bot will be available, except the CEX itself has a telegram bot and I think Bitget exchange has this feature on their telegram bot. Although to be honest, this will be less risky since it's owned by the exchange itself but still yet I don't necessarily trust them especially the aspect of reaching them through their customer service group which is full of scammers, once text them there, many scammers will be flooding your dm and the admins may not reply early.

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Quote from: Oshosondy on December 10, 2024, 02:12:33 PM

It will not affect the network but the low RAM will affect the apps opened. An example is 2 gigabyte RAM. A small RAM like that can not be used to open two heavy apps at once because as you opened one, the other app will close underneath which is frustrating. I switched from 2 gigabyte RAM phone some years ago to 8 gigabyte RAM which is very better. I can open as many as possible apps and all will close underneath.

Yes, that's what I meant. The device is of low quality, meaning it has less RAM and ROM, which is why it has such problems. Nowadays, every app has become very heavy to update, so current apps cannot be used on a 2 gigabyte RAM phone. Even when used, many problems arise either they don't come out at all or they take a long time.

Apps are sometimes lagged when updated on 4-gigabyte phones. With the world progressing technologically, it seems that the only way to get better performance these days is to use phones with more RAM and ROM.

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Quote from: ? on December 10, 2024, 01:11:27 PM

...Someone recommended me using Telegram bots I didn't find one that could allow me to trade futures so I've been stumped here but what better place to get info than a crypto forum.

Yes, futures trading in Telegram is possible, for example, you can trade futures from the KuCoin exchange via Telegram - https://www.kucoin.com/announcement/ru-xkucoin-futures-en
I think you are aware of all the risks of futures trading, so I will not list them. Good luck)

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Quote from: ? on December 10, 2024, 01:11:27 PM

I feel like I've really been spending way more time on Telegram these days and while it's for a good reason since it's because of a signal group that I joined I've been having a bit of problem when I keep trying to surf between the app and my exchange. It's mainly because of my phone being of low quality that it can only keep one app open but that's what I use for now.

Someone recommended me using Telegram bots I didn't find one that could allow me to trade futures so I've been stumped here but what better place to get info than a crypto forum. I'd really appreciate some info on a way I can solve my issue more effectively, thanks in advance.

I have come across many such telegram channels which usually claim to give accurate signals to investors or traders who are there for some money but those signals are not very effective in reality. People who actually have minimal idea about trading join all these telegram groups and follow different signals. But I will always say that even if you make a mistake in your own strategy, it is better to trade with your own strategy, even if you learn a little from it.

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With your words I can tell you a newbie.
I wouldn't advice trading future as a newbie and likewise wouldn't advice relying on signal groups to trade.
Telegram is quite known as scammers den and this is a first I hear about trading not to mention future in telegram
Even if it's possible why take such risk.
Rather groom yourself on the basics and start out with spot trading.

Personal opinion ain't a fan of Trading, prefer holding but what do I know.
P.S personal bias speaking.

Oshosondy

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Quote from: Wonder Work on December 10, 2024, 01:35:45 PM

Suppose your device is of low quality, which can cause problems with high network connections.

It will not affect the network but the low RAM will affect the apps opened. An example is 2 gigabyte RAM. A small RAM like that can not be used to open two heavy apps at once because as you opened one, the other app will close underneath which is frustrating. I switched from 2 gigabyte RAM phone some years ago to 8 gigabyte RAM which is very better. I can open as many as possible apps and all will close underneath.

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There is no such thing as trading futures on Telegram. Although, there are some Telegram based bots available to trade Solana based meme coins but those are also useless without reading the charts. I suggest you to buy a good phone or reduce usage of Telegram and focus more on trading futures on exchanges. Both of those will work for you, but the final decision is yours.

Wonder Work

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Quote from: ? on December 10, 2024, 01:11:27 PM

I feel like I've really been spending way more time on Telegram these days and while it's for a good reason since it's because of a signal group that I joined I've been having a bit of problem when I keep trying to surf between the app and my exchange. It's mainly because of my phone being of low quality that it can only keep one app open but that's what I use for now.

Suppose your device is of low quality, which can cause problems with high network connections. ‌To use the Telegram bot, you need a good-quality phone. Because now Telegram takes up a lot of space. If you are associated with many groups or boards, Telegram stores a lot of data from there, which takes a lot of space. If you want to get updates from Telegram bots and other groups, keep your Telegram active from where you will get different types of news or trading entry news.

Quote from: ? on December 10, 2024, 01:11:27 PM

Someone recommended me using Telegram bots I didn't find one that could allow me to trade futures so I've been stumped here but what better place to get info than a crypto forum. I'd really appreciate some info on a way I can solve my issue more effectively, thanks in advance.

Using a Telegram bot for futures trading is risky. Telegram bot can never give you the right entry news for futures trading. And the Telegram bots that provide entry news are very risky. However, to avoid risks, you can stay connected to different types of Telegram groups where good entry news about trading is given. From the forum, you can see different types of news from the forum after watching the news, and if you can take futures trading entries after watching the trading entry news, then maybe your chances of loss will be reduced a little. You watched the news on Telegram and tried to better understand various information on the forum. After exchanging opinions with yourself, you decided it would be best to take the entry for trading.

Oshosondy

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I do not think there is any right now. The only one that I know of are gambling on Telegram and now noncustodial wallets on Telegram. But about exchanges on Telegram, it is possible but non that I know of right now. You will have no option that to reload the app instead. If it is not something official from the the exchange, better not to use it.

OmegaStarScream

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Giving your API trading keys is already risky enough with known apps and websites, not sure why would you want to take the risk with some random telegram bots, just because it's a bit more convenient. Definitely wouldn't recommend doing that.

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I feel like I've really been spending way more time on Telegram these days and while it's for a good reason since it's because of a signal group that I joined I've been having a bit of problem when I keep trying to surf between the app and my exchange. It's mainly because of my phone being of low quality that it can only keep one app open but that's what I use for now.

Someone recommended me using Telegram bots I didn't find one that could allow me to trade futures so I've been stumped here but what better place to get info than a crypto forum. I'd really appreciate some info on a way I can solve my issue more effectively, thanks in advance.

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