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    Initializing: The ApeX Telegram Bot & 30,000 USDC Prize Pool Launch Event!

    Oct 03, 2023

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    Enter the gateways of decentralized derivatives trading easily with the newly launched ApeX Bot on Telegram. Get started in a few simple steps, directly from your phone with zero costs involved (yes, usage of the bot is free!) — it's as simple as that!

    Plus, we're adding on incentives to give you boost on interacting with the bot, with a 30,000 USDC prize pool coming your way. Read on to find out more.

    What's a Telegram Bot & Why is ApeX Building One?

    Telegram crypto bots have been seeing increased adoption and usage in the last few months, with more than $190 million worth of trading activity happening across all crypto bots on Telegram. They are all about providing an easy, seamless and familiar interface for users to execute various actions, including but not limited to:

    • Placing an order or viewing active positions

    • Staking assets for greater yield

    • Copy-trading of seasoned trades

    • Getting an overview of your connected wallet(s)

    • Receiving incentives and rewards such as airdrops

    All of the above and more, just by tapping on Telegram chat prompts on your phone — the possibilities are endless. Telegram bots allow complex products and its core functions, such as ApeX Pro and its offerings, to be made accessible to a wider audience group. They're perfect for beginners, or anyone looking to execute simple tasks without having to go through the entire interface on desktop or app.

    Telegram crypto bots are not without their challenges, and applications such as decentralized exchanges require more than just the deployment of a standard one to ensure an enhanced trading experience for users. That's why ApeX Pro has designed and built its very own bot — a customized solution for secure and effortless trades designed to protect self-custody.

    What Can the ApeX Telegram Bot Offer?

    Compared to existing bots that (1) do not allow for the self-custody of a user's assets and (2) are focused only on singular functions, e.g., depositing and withdrawals but absent of trading, staking or other offerings, the ApeX Bot offers a comprehensive set of user functions, allowing traders to efficiently navigate and engage with the platform.

    It is the first ever L2 DEX Bot that supports derivatives trading. The ApeX Bot operates on a decentralized model, which sets it apart from the majority of centralized bots available in the market. This decentralized approach leveraged by the innovative Bot Key solution minimizes the substantial risks associated with user funds theft/hacks when using centralized alternatives. Learn more about the Bot Key solution here.

    ApeX Bot Features:

    • Users can conveniently test platform functions on the testnet and be guided through the onboarding process

    • The bot facilitates seamless synchronization of login status from ApeX on desktop and app

    • Traders can easily choose markets, place market orders, and monitor the Profit and Loss (P&L) of their positions

    • They can close specific or all positions; tracking P&L for closed positions, and checking available balances are also available

    • Referral codes, referral link generation and trade bounty claims are easily managed, enhancing their engagement and experience on the platform

    • Affiliates and other individuals interested in ApeX Pro can easily and quickly share this bot on Telegram with their communities without having to create detailed manuals

    Users can look forward to upcoming feature add-ons for the bot, such as sniping, trading signals, daily bites of market news, platform insights and data, other preferred push notifications based on community requests, and more. We will be working to provide a best-in-class bot trading experience for you via Telegram.

    Get Started & Earn From a 30K USDC Prize Pool

    To kickoff the launch of the ApeX Bot with a hurrah, take home USDC rewards when you refer your friends and communities who are new to ApeX Pro to sign up for the ApeX Bot on Telegram via your unique invitation link. Each successful and qualified referee* will earn you 1 USDC.

    Once you reach a minimum of 10 USDC in referral rewards (equivalent to 10 qualified referrals), you will be able to initiate a withdrawal via the bot. Withdrawn rewards can be found on your ApeX Pro account.

    Event Period: Oct. 3, 2023, 12PM UTC to Oct. 17, 2023, 11:59AM UTC

    Steps to Getting a Qualified Referral

    • For the Referrer:

    1. Enter ApeX Bot, follow the bot instructions to copy and paste the "botkey" from your ApeX Pro account to the ApeX Bot to activate its functions

    2. Generate an invitation link on ApeX Bot and send it to your communities and friends on Telegram

    • For the Referees*:

    1. Click on the invitation link sent by the referrer

    2. Follow the prompts by ApeX Bot to head to the ApeX Pro page on desktop or on app

    3. Register for the ApeX account

    4. Export "botkey"

    5. Follow the instructions on the bot to pair your Bot Key with your Telegram account

    6. Once the referee successfully registers on ApeX Pro and pairs their ApeX Pro account to their Telegram account via ApeX Bot, the referrer will receive a reward of 1 USDC.

    For a step-by-step guide on how to set up your ApeX Bot, check out our explainer on Gitbook.

    Terms & Conditions:

    1. A qualified referee is someone who (1) is new to ApeX Pro, (2) joins ApeX Pro during the event period as stated above with the referrer's unique invitation link and (3) links their ApeX Pro account to the ApeX Bot via the Bot Key.

    2. Rewards can only be claimed and withdrawn when the cumulative rewards accumulated is greater than or equal to 10 USDC.

    3. Each account can receive a maximum reward of 1,000 USDC.

    4. After clicking on the "Claim" button on the bot, the reward will be credited to your ApeX Pro account within five (5) minutes and will be viewable there.

    5. The ApeX Pro team reserves the right to change the terms & conditions of this event at its sole discretion.

    6. Botting activities, cheating and duplicate submissions will result in disqualification from this event.

    7. ApeX Pro reserves the right to final interpretation of this event. If you have any questions, please contact us via Discord on the telegram-bot channel.