Airavat, a new player in the cryptocurrency space, has recently launched a Limited Beta crypto chatbot of its, “AiravatBot”, on Telegram (https://t.me/AiravatBot). This platform promises to bring a range of functionalities to users who are looking to trade, swap, stake and withdraw different cryptocurrencies.

What is AiravatBot?

The Airavat Telegram chatbot is an innovative solution allowing users to trade cryptocurrencies on prominent exchanges like Binance, Huobi, and Uniswap using a user-friendly interface. This is particularly important in the current context, where many individuals are interested in investing in cryptocurrency but are put off by the complexity involved. The bot’s easy-to-use interface provides an approachable solution that can assist in bringing more people into crypto.

One of the key features of the Airavat Telegram bot is its ability to learn from user behaviour. By studying trading trends and preferences, the bot can provide customized suggestions to users based on their trading experience. This can help users make more informed decisions and improve their overall trading experience.

The use of AI technology in cryptocurrency trading is not new, but Airavat’s approach is unique in its emphasis on delivering a user-friendly and intuitive product. By combining the power of AI with the accessibility of a messaging platform like Telegram, Airavat is making crypto trading more accessible to a larger spectrum of individuals. The hope is that this will help promote industry acceptance and growth, which could ultimately benefit the entire crypto ecosystem.

The platform has a strong focus on education, usability and user experience, as evidenced by the 1-2 minute walk-through videos that have been provided to help users navigate the platform.

Swaps and Staking

One of the key highlights of the AiravatBot is its support for swaps of over 600+ USDT pairs. This functionality is likely to be particularly attractive to traders who are looking to move between different cryptocurrencies quickly in order to take advantage of market conditions.

In addition to its support for swaps, the AiravatBot also supports staking for Tezos, Polygon (MATIC) and Ethereum. This allows users to earn rewards for holding these cryptocurrencies, which is a key feature for those who are looking to hold their investments for the long term. The staking support is provided via the platform’s own validators or through partnerships with leading staking infrastructure providers.

Another important feature of the AiravatBot is its support for full deposit-withdrawal of Tezos, MATIC, Ethereum, USDT and USDC. The platform is currently sourcing liquidity from a number of large centralized exchanges and is actively looking to add more sources from both the CeFi and DeFi ecosystems.

Investor support

Airavat has secured $165K in pre-seed funding from notable EU- and MENA-based crypto investors to realize its vision of becoming a mega-aggregator of CeFi and DeFi liquidity. The funding will be utilized to expand the chatbot’s capabilities, enabling users to conduct operations across networks and platforms in under 30 seconds via a simple chat interface. Previously, the platform received $90K in grants from Polygon Network (MATIC), Harmony (ONE), and Mina protocol (MINA).

Airavat’s vision entails supporting swaps, staking, borrowing and lending, and bridging across coins, networks, and platforms. By bridging and providing liquidity on all blockchains, networks, and platforms it supports, Airavat aims to make these functionalities transparently available to users. The chatbot’s AI-powered technology and seamless integration with Telegram provide a user-friendly and efficient solution for crypto enthusiasts to access and manage their assets. The chatbot’s focus on CeFi and DeFi liquidity is a significant advantage, allowing users to access various options without switching between multiple platforms.

Airavat’s successful pre-seed funding round highlights the growing demand for accessible and user-friendly services and the potential for AI-powered solutions in the crypto industry.