XBot Leverages ALEX’s AMM SDK to Elevate Bitcoin Trading
Singapore, Singapore, July 16th, 2024, Chainwire
ALEX, the Bitcoin DeFi project, has built a robust and secure platform for users to trade BRC20 and SIP10 tokens. With its precise trade execution and optimized price discovery, ALEX offers a seamless Bitcoin DeFi experience.
This experience will now be further enhanced with the launch of XBot. The Telegram trading bot built on Stacks is created specially for the Bitcoin ecosystem. For its Telegram bot, XBot BTC leveraged the ALEX software development kit (SDK).
A couple of weeks ago, ALEX announced its AMM SDK and encouraged builders to come together and engineer an exciting ecosystem on the largest trillion-dollar cryptocurrency network.
“The future of development is here. The ALEX AMM SDK unlocks the full potential of the biggest DEX on Bitcoin,” noted the project, which has been focused on expanding decentralized finance on Bitcoin.
Within a few days of this announcement, XBot capitalized on the opportunity to take Bitcoin DeFi mania forward with its Telegram bot. In the crypto world, Telegram trading bots are gaining a lot of attention for simplifying and automating trading. These bots offer several advantages, including user interaction, command execution, following predefined strategies, ease of customization, the use of technical analysis indicators, effective risk management, and enhanced security.
Now, thanks to XBot, all these features will be extended to the thriving Bitcoin ecosystem, starting with ALEX DeFi.
The telegram bot “proudly” announced that it is the first to integrate ALEX SDK, which will “elevate your trading in the ALEX AMM pool with the Telegram command,” noted the bot provider. The bot ensures rapid transactions and offers traders full control over buying, selling, and asset management.
Celebrating Stacks-based XBot’s integration, ALEX noted this development with “This is just the beginning; imagine once Nakamoto fast blocks are live.” Nakamoto is an anticipated Stacks upgrade that will introduce faster block times, significantly enhancing ALEX’s transaction capabilities and user experience.
ALEX has several other exciting things coming up, as the team shared in its recent roadmap. These include the launch of top-tier projects on the ALEX launchpad and liquid staking to enhance potential earning capabilities and drive ecosystem growth.
About XBot
XBot is a Telegram Trading BOT for Bitcoin Eco system. XBot ensures rapid TXs and the user’s full control over buying, selling, and asset management.
