dYdX Launches Telegram Perps With Pocket Pro Bot And Announces $100K Trading Competition

dYdX has escaped the online browser and infiltrated your favourite crypto messenger app. Having teamed up with Pocket Pro Bot, the legendary perps protocol has launched its first Telegram buying and selling bot and it comes packing a punch – to not point out a prize. Optimized for social buying and selling, the bot goals to deliver mates collectively inside Telegram teams to trade ideas, bantz, positions, and the occasional flex: y’know, the standard stuff that takes place on Telegram.

But as if the novelty of a dYdX TG bot wasn’t sufficient, there’s one other main purpose why self-styled degens – in addition to professional merchants – would possibly wish to give it a go. That’s as a result of dYdX and Pocket Bot Pro have introduced a $100K buying and selling competitors that features $25K for one of the best performing Telegram group. Don’t simply deliver some mates – deliver your finest mates. Specifically, your finest buying and selling mates who can assist maximize your probabilities of incomes a share of the spoils.

Perps Get Social

Crypto buying and selling is usually a solitary exercise or it may be a extremely sociable one relying in your persona and preferences. Traditionally, spot buying and selling – notably that of memecoins and new tokens – has favored the social format, permitting communities to band collectively, combining their memes, vitality, and market buys to push belongings larger. But there’s no purpose why perps can’t additionally get the social remedy – even when no buying and selling group, regardless of how rich, is ready to unilaterally transfer the form of blue chip belongings that dYdX helps.

The bot that it’s constructed with the help of Pocket Pro Bot combines buying and selling with a powerful social part – whether or not it’s flexing concerning the win you simply booked in your revenue card or counter-trading the remainder of your squad. Squad, by the way, being the identify given to the opposite merchants within the Telegram teams the place the dYdX bot will be deployed. 

Less Friction, More Fun

The dYdX TG bot, launched as a part of their ongoing roadmap that goals to increase the trade’s person base – and the benefit with which they will entry perpetual futures – will get a variety of issues proper. For one factor, it strikes the markets – when it comes to location not less than – on to the place the cryptosphere already congregates. Now it could actually all be accomplished instantly inside TG just by getting into a command akin to /lengthy ETH or /brief PEPE. Other capabilities allow merchants to create wallets and share place updates inside TG utilizing a easy command.

Naturally, the UX is drastically simplified inside Telegram versus that of the full-fat expertise to be gained when buying and selling throughout the dYdX internet terminal. Nevertheless, the bot nonetheless comes bearing a bunch of helpful options together with the flexibility to commerce on Arbitrum or Solana, utilizing USDC or SOL as supported belongings. Accessing perps on the fly has by no means been easier. And with the juicy carrot of that $100K buying and selling competitors dangling, dYdX is more likely to see loads of takers for its new Telegram bot.

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