Why MoonBot is the best trading platform for decentralized finance.
A game-changer has arrived to the world of crypto: MoonBot, offering traders unparalleled speed, customization, and security. Let’s explore what other options are available to crypto traders, and why MoonBot is better.
Centralized Exchanges
Centralized Exchanges (CEX) first appeared shortly after Bitcoin was released. These are some of the earliest platforms where cryptocurrency could be traded. Making it easy to buy and sell crypto in one place, these platforms are still commonly used by traders of all levels.
However, centralized exchanges come with a fair share of challenges. Hacks, regulatory issues, custodial concerns and bankruptcies have plagued these platforms, ever since the inception of Bitcoin up until now. Accessibility of cryptocurrency tokens is also an issue, as centralized exchange listings are expensive and cost money to maintain. Not to mention there are hundreds of exchanges, which makes it difficult to find all the tokens you wish to trade in one place.
The biggest drawback of centralized exchanges is that the exchange holds custody over your funds. If the exchange gets into any form of trouble, there is no guarantee that you will be able to withdraw your funds again, since you are practically not the owner. Users are also not able to access and use DeFi platforms via centralized exchanges or with the tokens they hold there, which makes them unable to access to much of the utility available in the world of crypto.
Decentralized Exchanges
Decentralized exchanges (DEX) emerged as a solution to some of the issues associated with centralized exchanges. Operating directly on the blockchain, DEXs offer trustless trading where users retain control of their assets held in their decentralized wallets. Users and crypto projects can add liquidity pools to a token whenever they wish, and any token can be listed on a decentralized exchange such as Uniswap, as long as the token is deployed on a compatible blockchain.
There is a high learning curve with regards to using a decentralized exchange, as users need to know how and where to retrieve a “token address” (for example on CoinGecko). Users must also learn how to use a self-custody wallet such as Metamask before they start trading.
Many cryptocurrency tokens can be found on decentralized exchanges, making it easy to trade them. However, decentralized exchanges don’t do any due diligence on tokens being listed since it’s a trustless process, which results in lots of scam tokens such as “honeypots” and “rug pulls” being available for trading on a DEX.
A honeypot is a token that is programmed to be nontradable by normal users, and only the token owner can trade it, causing users to be unable to retrieve their funds. A rug pull is when a team member removes all of that token’s liquidity from the DEX and disappears.
That’s why it’s essential to do proper research and due diligence into a crypto token and project before trading on a DEX. Another major issue DEX users face is “frontrunning bots”, otherwise known as MEV (Miner Extractable Value) bots. These bots watch a blockchain’s “mempool”, where transactions are lined up before they’re written on the blockchain.
Since the MEV bot runs on technology that allows it to place transactions much faster than the average user, the MEV bot watches and buys cryptocurrency tokens right before a normal user does, and then sells those tokens immediately after a user’s purchase is complete. This way, a successful MEV bot consistently makes profit off the back of regular users. Not a single decentralized exchange currently offers protection against these kind of bots… But, there is a solution! Keep reading to find out…
Trading Bots
To make trading on decentralized exchanges easier and faster, trading bots were invented. These tools simplify DEX trading by allowing users to trade from an app such as Telegram. Trading bot users can create a new wallet or import their existing wallet, fund it with ETH, and start trading tokens deployed on the Ethereum blockchain or additional chains.
Several trading bots have been released to the public, garnering a large following and user base. Users of these bots understand the importance of gaining the ultimate competitive edge and to not be stuck trading on a slow DEX interface.
A new trading bot has been released in the summer of 2023, outperforming every competitor with its speed, advanced features, customization options, and security measures. It offers rug pull protection, MEV protection, and much more.
Meet…
MoonBot: The Apex of Crypto Trading Bots
MoonBot takes the concept of trading bots to a whole new level. This Telegram-based trading bot is hailed as the fastest, most advanced, and safest crypto trading bot on the market, and for good reason.
Here is what sets MoonBot apart:
- Trade at Rocket Speed: MoonBot leverages its speed to provide traders with near-instant entries into trades, ensuring you never miss out on opportunities in the fast-paced world of crypto.
- Enhanced Security: MoonBot goes the extra mile to safeguard your assets, encrypting wallet keys at rest and in transit. Your assets are your own, and MoonBot ensures it stays that way.
- Self Custody: Our users retain full custody over funds kept in their MoonBot wallet and can withdraw these at any time.
- AI Powered Slippage: MoonBot helps you avoid undesirable slippage by calculating and adjusting it for every trade, ensuring your trades are executed precisely as intended.
- Advanced Copy Trading: MoonBot’s decentralized copy trading feature is second to none, enabling you to follow successful traders and replicate their strategies effortlessly.
- Token Launch Sniping: Stay ahead of the curve with MoonBot’s soon-to-be-released sniping feature, ensuring you never miss out on promising new launches the moment liquidity is added.
- Protection Against MEV Bots: MoonBot shields you from Miner Extractable Value (MEV) bots, minimizing the risk of front-running.
- Private Ethereum Nodes: MoonBot has three private Ethereum nodes, keeping your transactions shielded and private before they are written on the blockchain.
- Rugpull Protection: MoonBot monitors token pairs for potential rugpulls and provides an extra layer of safety, by attempting to frontrun transactions related to major remove liquidity events or setting unusually high taxes.
- Honeypot Safeguards: Detects potential honeypots by checking trading tax on a token, dead blocks, and other indicators.
- Customizable Settings: With a plethora of additional settings to tailor your trading experience, MoonBot adapts to your unique needs.
- MoonBot Alpha: Our Telegram group where MoonBot users can discuss strategies and use research, due diligence and alpha bots provided by our partners. Participating in this group will greatly enhance your operations security.
- Doxxed Team: Our team is dedicated to transparency and being communicative about our efforts to building the best DeFi trading platform.
No other decentralized trading platform currently offers the full range of features that MoonBot provides. And the best part? MoonBot only charges a 1% fee on all transactions carried out using the platform, without the need to pay any subscription costs or hold or burn any tokens.
Clear and simple: a 1% fee, for everyone and everything.
Conclusion
No other trading bot in the world of crypto offers these kinds of features, speed, security, and such a fair price model. And Team MoonBot is only just getting started! We have many additional features lined up for development and release, and our goal is to make MoonBot one of the top trading bots.
As the crypto market evolves at a high pace, it is important for crypto traders to stay one step ahead. That is why Smart Traders use MoonBot to gain the ultimate competitive edge with its unprecedented speed, customization, advanced features, and security.
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