Why telegram trading mini app could be changing the narrative in the industry.

[Cointxz]

Lots of scammer on telegram spreading malicious link and bots. I don’t dare to trade using telegram mini apps that is prone to potential exploits.

Exchange app doesn’t consume much data besides we only use it to buy and sell then use different chart app to track progress for a better tool options for trading. Maybe I can use this for quick trades but not for full time trading. I still preferred the exchange app that has extra layer of security and away from direct sharing of malicious links.

[PX-Z]

Anyways, you wouldn't put lots of money both on CEXes and a potential mini-app for trades, if you know what's up and the risks attached to it - however, I do think it would be really great to combine both into one 
Imagine combining the TON eco (which I hope to be better as time goes on) with the created trading app.. That would be great indeed.

That's a common knowledge to anyone, but still some of us have that kind of a mindset, although it's reasonable since you don't need to withdraw time to time after trading when you are daily trading so only trade funds on what you are afford to lose in case whatever happened on the exchange. Although it's good to have such feature in telegram but it needs more additional security like on any exchange such as 2fa, sms otp and email code.

[Perfectbaby]

I do not know there are trading platform present on Telegram in a way people can do some task like spot, future and copy trading. Bit I can not house it because I have the app of the exchanges and I can easily click on the app to access them. I do not think anyone would have used the app or trading platform before and still want to use Telegram to access it.

Yeah, I didn't see this either changing the narratives as well because already there are people who are used with the regular exchange to trade though telegram could have an enhance feature to thrill up trade but I didn't see it becoming that fast to whined away the regulars as we do use centralized exchange to trade. Though with time there may be an incessant increase about the platform just as the way telegram casino is gradually flooding the market and most people do prefers it than the regulars.

[GeorgeJohn]

I do not know there are trading platform present on Telegram in a way people can do some task like spot, future and copy trading. Bit I can not house it because I have the app of the exchanges and I can easily click on the app to access them. I do not think anyone would have used the app or trading platform before and still want to use Telegram to access it.

for me those things then do in telegram in the name of trading just like a ponzing scheme because threading is independent of it home from it platform especially all this age change not a telegram group that people can creat and tand add more people for them to be their accompanists of fraud

[Hamza2424]

I do not know there are trading platform present on Telegram in a way people can do some task like spot, future and copy trading. Bit I can not house it because I have the app of the exchanges and I can easily click on the app to access them. I do not think anyone would have used the app or trading platform before and still want to use Telegram to access it.

There are a few bots and mini apps but they are not supposed to be the trading platforms just showpiece features for reputed platforms they won't get involved for this showpiece as well because it brings many security concerns as well and yeah if you are opening telegram app for trading why not to open an other trading app which is meant to be for trading only.

for me those things then do in telegram in the name of trading just like a ponzing scheme because threading is independent of it home from it platform especially all this age change not a telegram group that people can creat and tand add more people for them to be their accompanists of fraud

A couple of spelling errors must be optimized to give an efficient answer and for a healthy conversation. Your comment about what they are doing is absolutely accurate. Still, in my view from mini trading platforms, it refers to these new apps on Telegram that allow the swaps and transactions through bots and other layered mini-games like all this shit going on these days.

[Asiska02]

Having traditional trading platforms accessible through Telegram mini apps will not only make these platforms more accessible and save space for apps download but will provide opportunities for newbies and airdrop hunters to receive airdrops cos these trading mini apps come with reward to incentivize users.

Although telegram needs to prioritize security atm considering the influx of developers, traders and user on the chain and it will be nice to know or start seeing DEX built on this chain with a trading mini app to provide option for users.

I haven’t heard or come across this before, this is my first time of hearing such a wallet available in telegram for use for any activity it has in them and also available in the normal wallet app. Telegram has been the trend this season and a lot of projects decided to lunch through them because of the narration it was coming with and a lot of users joining from this platform, making the crypto space more wider and adoptable. Testing of this inbuilt exchange apps on the platform is mandatory in order to know the errors one can encounter from there and what to do in terms of security of the wallet. This is a third party system initiative and it can be prone to error and more disadvantages than the normal wallet app or exchange.

[shinratensei_]

Would you say that it's better than all the T2E sector combined?  
The improvement of a trading mini app at least would have much better use cases to it..

I'd definitely say it's better than T2E sector , we all know how bad that niche is, but well, if the exchange insists to create their mini app exchange inside telegram ecosystem, it'd be great if they actually add more on-chain feature so that it can seamlessly interacts with the ton ecosystem.

even better if it can also interact with other blockchain as well such as EVM and SVM based, since telegram mini app in a nutshell just a web app anyway.

[betswift]

Would you say that it's better than all the T2E sector combined?  
The improvement of a trading mini app at least would have much better use cases to it..

I'd definitely say it's better than T2E sector , we all know how bad that niche is, but well, if the exchange insists to create their mini app exchange inside telegram ecosystem, it'd be great if they actually add more on-chain feature so that it can seamlessly interacts with the ton ecosystem.

even better if it can also interact with other blockchain as well such as EVM and SVM based, since telegram mini app in a nutshell just a web app anyway.

That would be indeed great, and I hope that in that app, there would be much to come and work with - because, let's face it, the TON chain needs more usability and creative cases to live on.
Notcoin won't feed it all of its life 

[fikrett]

Having traditional trading platforms accessible through Telegram mini apps will not only make these platforms more accessible and save space for apps download but will provide opportunities for newbies and airdrop hunters to receive airdrops cos these trading mini apps come with reward to incentivize users.

Although telegram needs to prioritize security atm considering the influx of developers, traders and user on the chain and it will be nice to know or start seeing DEX built on this chain with a trading mini app to provide option for users.

I haven’t heard or come across this before, this is my first time of hearing such a wallet available in telegram for use for any activity it has in them and also available in the normal wallet app. Telegram has been the trend this season and a lot of projects decided to lunch through them because of the narration it was coming with and a lot of users joining from this platform, making the crypto space more wider and adoptable. Testing of this inbuilt exchange apps on the platform is mandatory in order to know the errors one can encounter from there and what to do in terms of security of the wallet. This is a third party system initiative and it can be prone to error and more disadvantages than the normal wallet app or exchange.

Yeah, basically it's a trade for convenience being inside the Telegram itself, and much time and effort would be needed to make it work as intended in all aspects.
But I think it's a great idea to push and narrate in the TON eco.

[john_egbert]

I do not know there are trading platform present on Telegram in a way people can do some task like spot, future and copy trading. Bit I can not house it because I have the app of the exchanges and I can easily click on the app to access them. I do not think anyone would have used the app or trading platform before and still want to use Telegram to access it.

for me those things then do in telegram in the name of trading just like a ponzing scheme because threading is independent of it home from it platform especially all this age change not a telegram group that people can creat and tand add more people for them to be their accompanists of fraud

It would be done for usability and utility, in my opinion - why would you enter the app itself when you can do it cozily from Telegram itself?
Sure, it's needed to be adjusted properly, but think about the possibilities - I wouldn't call it a ponzi in the slightest.

[FortuneFollower]

Lots of scammer on telegram spreading malicious link and bots. I don’t dare to trade using telegram mini apps that is prone to potential exploits.

Exchange app doesn’t consume much data besides we only use it to buy and sell then use different chart app to track progress for a better tool options for trading. Maybe I can use this for quick trades but not for full time trading. I still preferred the exchange app that has extra layer of security and away from direct sharing of malicious links.

Yep, you are right in my opinion - it's wise to use both in order to get the most out of them.
Especially in the starting stages, I think there would be and are lots of bugs that would arise and exploits for shady people to use 

[Faisal2202]

It's just convenient for everybody involved - and trading bots are rampant on Telegram, for memes especially  Some are free, some are bought - but the fact remains that it's really appreciated for flippers and such.

I did not come to see any paid bot yet but recently I joined another bot that is giving some kind of tokens and we have to claim them. The bot name is pocketfi, as far as I understand, it's a platform to trade memecoins only and tbh I don't like memecoins but still joined the bot to get the tokens haha. Overall, I don't like the idea of trading on TG bots because the spam level from these bots and the data these bots can be accessing without proper disclaimers is just dangerous.

For example, there is this bot paws, and it gave the task to flip the phone upside down, and probably it is getting that information from the gyroscope or any proximity sensor (whatever the device has). The point is I did not know before these bots are also getting data and information from our device, as I think whatever permissions we give to TG those are given to TG bots as well, which raises concerns. And with time, when more spammy exchanges and trading platforms are live on TG, they will make it hard to track them, raising more concerns, therefore, I would only trust trusted and old exchange bots.

[Bournesparks]

I do not know there are trading platform present on Telegram in a way people can do some task like spot, future and copy trading. Bit I can not house it because I have the app of the exchanges and I can easily click on the app to access them. I do not think anyone would have used the app or trading platform before and still want to use Telegram to access it.

for me those things then do in telegram in the name of trading just like a ponzing scheme because threading is independent of it home from it platform especially all this age change not a telegram group that people can creat and tand add more people for them to be their accompanists of fraud

It would be done for usability and utility, in my opinion - why would you enter the app itself when you can do it cozily from Telegram itself?
Sure, it's needed to be adjusted properly, but think about the possibilities - I wouldn't call it a ponzi in the slightest.

Well, there's an app on telegram where you could do all you just stated and more and get bonuses like 50% off transactions fee while at it. It's a telegram mini app powered by Bitget. Even though bybit has similar, but this is sophisticated as it allows trading on spot, futures etc. https://t.me/BitgetOfficialBot/Bitget. You can check it out if you fancy..

[Saint-loup]

I agree cryptos need to be incorporated in a way or another into widely used applications in order to reach more people and increasing adoption. People shouldn't just see cryptos as investment vehicles, they also need to see them as useful tools. And unfortunately medias almost never talk about what you can do with them, they are always talking of their prices, when it is high or when it is low. But cryptos need to be used, not speculated.

[tottong]

Having traditional trading platforms accessible through Telegram mini apps will not only make these platforms more accessible and save space for apps download but will provide opportunities for newbies and airdrop hunters to receive airdrops cos these trading mini apps come with reward to incentivize users.

Telegram is the second most used social media by people to communicate and it is based on their respective countries.
The presence of collaboration with exchanges that develop mini trading apps will make it easier for someone to run but it certainly has negative and positive sides in it although in general it will slightly affect adoption.
I haven't tried it and may need to see the development of the collaboration so as not to miss out on new things.
But it would actually be much more interesting to be directly connected to the exchange application because we can directly click to enter the trade by downloading it, because most people will be much more comfortable using media to socialize compared to using it as a trading step.

[EarnOnVictor]

No doubt, Telegram is a game changer, thanks to Web3 and the scalability compatibility with many technological solutions. Name anything happening in the real web/platforms, Telegram now has it, and this started becoming pronounced this much with the introduction of the mini-games in it. This includes casino and tap-to-earn crypto games and has driven more traffic to Telegram, of which, many of the activities are crypto-inclined. So it's no surprise that exchanges and other crypto businesses are trooping in to take their chances with the over 950 million Telegram users.

[Fivestar4everMVP]

Although telegram needs to prioritize security atm considering the influx of developers, traders and user on the chain and it will be nice to know or start seeing DEX built on this chain with a trading mini app to provide option for users.

Although I completely understand all that you have said, and I completely agree with you.
But I don't know if anyone else have actually said or pointed this out to you, I don't know how building a Decentralized exchange on a centralized platform will work, think about it, telegram is centeralized, the servers that allow mini-apps to run on telegram and take and store data are also not decentralized to the best of my knowledge, how possible is it that one will build a decentralized exchange as a mini-app running on telegram server, without those working behind the scene on those servers having access to the Decentralized exchanges data and that of her users?

This is an honest question I am asking here, I am really curious to know what you or anyone else with better development experience has to say, is it safe to run a Dex on the centralized server? Will that Dex be truly decentralized without any third party having any access to any data owned by the Decentralized exchange?