PancakeSwap, one of the largest decentralized exchanges on the $BNB BNB Chain blockchain, has introduced a Telegram bot. Now users of the platform will be able to trade cryptocurrencies directly from the messenger. Currently, the bot supports transactions with more than 3,000 tokens.

Telegram Swap Bot simplifies trading digital assets by allowing investors to manage their funds directly from their wallets, PancakeSwap representatives said.

Considering that Telegram is a messaging app, and not a specialized trading platform, it does not have the necessary security protocols to protect users' assets. To reduce the risk of losing funds, the PancakeSwap bot will use end-to-end encryption.

Security is a top priority for PancakeSwap, and the Telegram Swap Bot is designed with this in mind. Users retain control over their funds, as with any interaction with a decentralized exchange, the company said.

PancakeSwap follows a growing trend of launching mini-apps and bots on Telegram. In this way, trading platforms aim to make DeFi services more accessible to ordinary users and reduce transaction fees.$PNUT $PROS