Crypto Bot crypto wallet bot
In short
A pocket knife for crypto in Telegram: wallet, exchange and checkout for other people's bots. Handy, but we would not keep our savings here.
About the bot
Checks are probably the feature people know Crypto Bot for. You create a check for an amount, drop the link into any chat, and whoever taps it first gets the coins with no fee. People use it for giveaways, paying back friends and small services, without ever asking for a wallet address.
Buying crypto for regular money happens on the P2P market. Pick a coin and a payment method, pay the seller, confirm, and the coins arrive once the seller sees the money. The bot locks the seller's crypto for the length of the deal, which cuts the risk of being scammed, though checking the counterparty's rating is still wise.
For people building their own bots or shops there is Crypto Pay, an API for taking payments and sending payouts, plus invoices and subscriptions. That is why Crypto Bot shows up at the checkout of so many services even if you never set out to use it.
The drawback comes with the model. It is a custodial wallet, so the bot holds the keys, and it has no financial regulator's licence. There have been no known major hacks, but we would not park money here that you cannot afford to lose.
You'll like it if
- you want to send crypto to a friend with a check
- you want USDT or TON for a card via P2P
- you take payments in your own bot or shop
Skip it if
- you want to hold your own keys
- you need a licensed, regulated service
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