How to Trade Crypto Using Telegram: A Comprehensive Guide

hello everyone uh in today's episode we're going to be talking about um how to trade crypto using telegram app which

is like a messaging app so we'll talk about uh we'll do a full demo and we'll also talk about why we need to use

telegram as a uh trading uh option for crypto when there are other options available uh before we get into the

video as visual disclaimer I'm not an investment expert I'm not a financial adviser I make all of my videos just to

share the learnings that I have made over the period of time uh in crypto nothing else so you please make your own

decision based on your own research and please do not send your crypto or your money to anyone who calls thems as a

financial expert or a investment adviser most of these people are cheats and they they're basically scammers trying to

scam your money so uh what is a telegram app I think a lot of people in India would probably know what telegram app

but uh I I'll just briefly explain for those people who not heard it because I know there are a few of my friends for

example do not know what a telegram app is telegram is basically like a uh it's like WhatsApp WhatsApp is a common

messaging app that's almost there on all every phone telegram is very similar to Whatsapp but it it has certain

additional uh uh functionalities it is linked to your mobile number but at the same time in a WhatsApp group everyone

can see each other's phone number but in telegram you can join a group anonymously without actually exposing

your phone number you can keep your phone number as private that's one of the biggest

benefits of telegram where you can join these groups and you don't have to share your phone number with everyone in the

group and you can also use a uh any name you want you can you can create a custom uh username in Telegram and so you can

actually go into telegram as an anonymous person basically it's quite useful for going into these crypto

groups or any groups where you don't want to expose your but you still want to learn or you want to get that

information a lot of influencers use it for a Clos group where they're communicating with their Community lot

of crypto projects use telegram groups to communicate announcements within a close community and notifications are a

lot more easier because contain it's like almost reading a WhatsApp message that's these are kind of some of the

benefits of telegram but it's kind of similar to Whatsapp the user interface of telegram anyone has used is very

intuitive it's like almost similar to a messaging app like WhatsApp for example and that is where the uh advantage of

using telegram as a uh interaction tool or interaction method to trade crypto comes into picture over the period of

time things have become lot and lot more simpler know for example you know uh if you take computers you know 25 years

back even booting a computer required a bit of technical knowledge you know installing a Windows operating system

and getting to know Windows itself took a lot of time and it wasn't everybody that was able to use the windows initial

computers over a period of time laptops have become common we have got quite used to using a laptop but even then if

you tried like 15 16 years back if you tried teaching someone uh like our parents for example who've never used um

a device like that trying to teach themel how to use a computer was still a learning process but in the last uh 10

years or so if you look at uh the Advent of tablets like iPads or you know tablets Android tablets or

smartphones those people are finding it more and more easier to access the devices because the devices have become

more intuitive you can give it to a kid and you don't need to actually teach them anything they can take a smartphone

or tablet and they can start immediately accessing it they know how to go to a video or play a video so no one has to

teach these kind of things the the process becomes more and more intuitive this exactly what needs to happen in

crypto as well know from the time that we started registering for a centralized exchange and then we are talking about

moving to a decentralized exchange install installing wallets like metamasks or installing decentralized

wallets the process is little bit difficult if someone is a very basic user and that's where telegram brings

the intuitivity you know it is very intuitive it doesn't uh it's like you know once you start using it you will

kind of get the hang of it and it can also be a lot more faster to do trading or to buy or sell crypto if you use

something that intuitive like a telegram app and that's where it it uh has one of the biggest Ben benefits the other big

benefit of using telegram is uh when you don't have that much of time uh especially if you want to just buy a

token that someone has mentioned a friend has mentioned for example um in Twitter in back in uh uh 2023 end of

2023 I mentioned about an injective ecosystem uh meme token called ninja so ninja was like

0.001 I posted about Ninja I said I'm buying this and within 2 days it was going up and up and up within 2 days it

went up to 30X 30 times so it went from 01 to3 even people who had set up for D

Central X exchanges who knew how to do the trading because they didn't have the time to go into their laptop or log to

their wallet and you know open the ecosystem access the uh decentralized exchange and click on the contract and

open the contract and do all of these things they were lazy enough or they didn't have the time to do it they just

didn't buy the tokens this is where injective comes and you can literally just look at the uh something what

people have shared and show it in the demo and it'll become a lot more clear at you you can just copy the the

contract name or the token name put it into that that injective um chat window and it'll immediately buy it for you so

it is that quick that it literally within 2 or 3 seconds even if you're in an office even if you're like in the

middle of something all you need is like you know 2 or 3 seconds or 5 seconds and you can actually buy something so that's

the advantage of of the telegram it's Ultra quick and super quick once you set it up and you can also make you know

quick shortcuts and short links so let's go into a quick demo about how to install Telegram and how to get this bot

in your telegram app for the first time so you can download telegram app from the uh app store you know either on a

Android phone or an iPhone and similar to Whatsapp you put your telephone number to First of all authenticate or

link and create an account so you'll get a a code and if you enter the code you will ask you to create a name and here's

where you can enter any name that you want I suggest you know you can use a different name especially if you're

going to use it for crypto you can use a different name so you're not exposed in these telegram groups so for example on

this particular uh injective demo I'm I'm calling it as test IJ um just because we're creating an injective

based telegram B to test it so I'm just calling it as test inj and I'll change it later if I want to so and and also

don't expose your contacts into the telegram app if you're going to use it for the purpose now what I've done is in

this particular uh mobile uh I've checked that I've installed telegram I also have Kepler wallet installed so

where I have got some one inj here so I'm ready to transfer over now if you don't have cap wallet you can directly

transfer from Central section as well on my Twitter handle in the link tree exchange or link tree link I've given

all the links in that link if you scroll down you will find decentralized exchange injective telegram B referral

link so if you click on the referral link um it will ask you to click on start so if you click on start it will

ask you to authenticate that you're your human you click on yes and it will create an injective wallet for you this

is a brand new injective wallet that it has created now it is always a good practice by clicking on settings it is

always a good practice clicking on wallet clicking on wallet it is always a good practice to click on export wallet

and note down your pass phrase so that in case this telegram um gets lost or you lose the phone the wallet can be

restored in another device or you can also create a clone of it on your laptop or your another KLA wallet so you have a

backup of or access to this wallet at any point of time by copying that 12 digigit 12 character passphrase similar

to how to set up a normal wallet or backup a normal wallet now I'm copying the injective address from the telegram

bot and coming to my Kepler or my uh wherever I have my injective andal exchange if you have and I'm

transferring 0 .5 inj to the bot bot address so once I transfer uh if I go to the telegram bot and if I look at the

balance it'll take like one or two one or two seconds for the inj to arrive so you actually use your thumb and pull

down scroll down and it will update the bot so you can see the balance has now been updated I have 0.5 in that I've

sent you can also do this with even two or three cents you can do it like2 or $3 you can send like

0.054 and you can actually do all of this exercise and practice with it now what I'm going to do is I'm going to buy

a token so if I just type the name of the token Ninja for example I'm going to buy ninja so I just type the name of the

token it brings up the token and I can click on buy XJ and it will ask me how much inj do I want to buy so I've got 05

so I'll say 0.1 in I want to buy so I type point and press send and immediately within couple of seconds it

has bought like $4 worth of $3 and half worth of n n token for me so now if I go on home and show me the position it will

show all the positions or all the tokens that I bought it'll show me a list of all the tokens that I bought in this

particular wallet so like that I can actually type any token name uh if I know the token name for example Kira if

I type Kira it will show me Kira but I don't have to buy this token you can type the token name and you can see

whether the token is coming up or not if I want to buy Dojo for example now I abandon Kira and just type dojo and show

shows me the dojo token name all of this is in real time right now right so again I click on buy XJ and I can put whatever

uh amount I want I can put 0.1 point2 as long as I have that amount of inj balance it'll buy that token within one

or two seconds literally like if you are you can see how quick this is because all of this is in real time now if I

want to sell a particular token if a token has gone up like let's say 2x in one day right and I want to just quickly

sell it I can click on the token number and I can click on either of these buttons sell 25% if I click it's a quick

button which means that I've immediately sold 25% I don't even know need to specify how much percentage I need to

sell that is how quick it is to buy and sell any token at any point in time that's the speed of using a

telr now how to change the settings now if you click on the uh the three lines on the left which is basically the the

settings option or you can also uh look at the settings option on the bottom uh basically if you click C on the three

lines it'll bring up the menu as well so you can go to settings at any point of time and in the settings you have the

options to change these default buttons so for example where it says buy small amount as one ing now if I want to say I

want to change it to 2 ing I can permanent or I can change that menu options so that next time when it comes

the buy small button itself will say buy 0.2 as an option instead of one in I say I don't want to I don't use this one in

often right so I can change that completely to buy 0. this is quite useful and I'll show you how in the next

uh time when we buy a token in a couple of minutes now back to my tweet where in in December in 16th of December uh until

about 18th of December I was showing you how ninja token Kira token both were going on a big run right where it had

done 30X that I had posted about it continuously posting about it I do not post that many meme tokens but uh in on

16th of December I had posted that for the first time in the injective ecosystem there are some meme tokens

that I'm seeing and uh I posted detailed articles on that but the very first day when I shared it I shared the uh coin

Hall links coin Hall is like the Dex tools link where you can find the contract of the particular token in case

you type the token name in the uh telegram app in cage uh telegram bot and if it says uh token not recognized or

you see multiple then it's always a good practice if someone is sharing you a token if if they have shared the the

token contract or if they shared like a coin hall or a DEX tool link you click on it open it and when you open a coin

Hall link or a DEX tool link you can see that there is a contract address it's called copy ninja address or it's called

a contract address so you can see if you if you if you zoom in you can actually see Ninja has got an address which ends

in inj for example 1xt whatever so I can copy the contract address instead of the token name and if I come and paste the

contract address in case the token wasn't recognized earlier it will recognize it using the contract address

now you see the button by 1jj is now 0.2 inj so if I just click the button so I've pasted the contract address click

that button literally in in 2 seconds I have bought the token so that is how quickly you could have taken the

contract address from my tweet and you could have actually pasted it here and bought the token assuming you already

set up the the cage telegram bot and you had it running so that's how quick the whole process and I just wanted to show

you this process so I've been recording this uh demo in in ethereum in Solana and other ecosystems uh ethereum the

biggest problem was if I shared it uh because the gas fees is so high like mbot and other Bots that I've been using

because the gas Fe is so high it is really difficult for someone with with a a low uh dollar or with a smaller amount

to go and actually practice it now the benefit of this video is is that you actually follow through and you are

actually using like even if you have2 or $3 worth of inj if you've seen my episode 63 and set up injective

ecosystem Kepler wallet and you've been accessing injective ecosystem that's a prerequisite then you can actually send

like $2 or $3 to create a wallet and you can practice how easily uh it is how easy to use it is that's not possible in

ethereum bot that's why you know even though I had made quite a lot of uh recording content uh I didn't want to

share it because you know was not going to be useful for people so this way injector is probably going to be pretty

useful because you can actually follow through follow up and you can you can do it yourself and you will then see how

quick and easy it is that's the reason why I have used injective as the uh first uh telegram bot or k Finance as

the first telegram bot to share this uh video so again you know many times even I have missed some of these things

because I wanted to buy something but I don't have the time to go and open my metamask or open the the def app go to

the the decent t or find the right deck in fact and this telegram app does everything for you it finds the right

router it finds the right Decks that needs to buy finds the token and buy and makes executes the buy and also executes

the sell so so it's quite convenient when you have like literally less than a minute uh or you know very very small

timer and you want to actually monitor whether it's going up or not you can do that also in the telegram app so

hopefully this was useful uh until next time um thanks bye