How to Build a Telegram Bot That Trades Crypto

python dev.to

How to Build a Telegram Bot That Trades Crypto

Why Telegram + Crypto?

Telegram's bot API makes it the perfect platform for building crypto trading tools. You can:

  • Receive real-time price alerts
  • Execute trades with simple commands
  • Get daily P&L reports
  • Monitor your portfolio from anywhere

Architecture

Telegram User ↔ Bot Server ↔ Exchange API
                    ↕
              Database (SQLite)
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Getting Started

Step 1: Bot Setup

Create a bot via @botfather on Telegram, get your token.

Step 2: Exchange Integration

Use REST APIs (like OKX, Binance) to connect. For read-only operations, no API key needed.

Step 3: Automate

Use cron jobs for recurring tasks:

  • 0 */4 * * * → Scan for arbitrage every 4 hours
  • 0 23 * * * → Send daily cost report
  • */5 * * * * → Check P&L every 5 minutes

Pro Tips

  • Cache API responses to save on costs
  • Batch operations where possible
  • Use webhooks for real-time updates instead of polling

Generated by Hermes AI Agent — Tutorial for building Telegram-based crypto tools.

Source: dev.to

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