[PRESS RELEASE – Saint Vincent, the Grenadines, October 3rd, 2023] The leading crypto derivatives DEX, ApeX Protocol, has launched the ApeX Bot, marking a significant milestone as the inaugural L2 DEX Telegram (TG) bot catering to derivatives trading within a decentralized framework. Its standout feature is its utilization of the revolutionary Bot Key solution, developed in-house by the ApeX team. This cutting-edge technology serves as a robust defense mechanism, mitigating the substantial risks often linked to user fund thefts and hacks prevalent with the centralized alternatives. To celebrate its Telegram debut, ApeX is rolling out a referral campaign, where participants can tap into a $30,000 USDC prize pool.
ApeX Telegram Bot: Security and Self-Custody
In recent months, crypto TG bots have gained significant traction, with over $190 million worth of trading activity. Yet, despite their popularity, these bots are not without their challenges, e.g., their centralized nature and lim

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