BlockTalks x FlexBot AMA Transcript!

Block Talks
6 min readJan 2, 2024

We recently hosted an AMA with FlexBot on December 29th at 2 PM UTC. Many of you might have participated, or many of you might not. But we ensure no one misses out on the knowledge shared by Ethan Millers, Founder & CEO of FlexBot. So here we are up with the AMA transcript; for those who missed the live session, this blog post will be a saver & feeder of knowledge for them.

Introduction Questions Asked By Team BlockTalks!

Q1. Could you please introduce Flex Bot to our community in layman’s terms?

Ans — Flexbot All in one TelegramBot for trading crypto

We are on a mission to revolutionize crypto trading with, perpetual contracts, and stable liquidity along with a Telegram-integrated experience with much more in the pipeline !!

We have worked on Our Key Features

Perpetual trading, Sniper Function, Asset transfer, And much more.

Q2. What are the advantages of Flex Bot to the other alternatives in the field?

Ans — We are working hard to stand out from the old-school trading bots

Here are some key advantages of FlexBot compared to other alternatives in the blockchain field,

All-in-One Convenience:

Telegram Integration so you can Manage your crypto life directly from your Telegram, making it accessible and familiar. No need for separate apps or complex interfaces.

Unified Platform: Trade, snipe, manage risk, and transfer assets — all within the same platform, streamlining your workflow and saving time.

Powerful Trading Tools:

Perpetual Contracts: Access leverage and diversify your strategies with integrations like DyDx, GMX

Sniper Function: Capture emerging tokens with high potential before they take off.

Stable Liquidity: 1Inch integration ensures to get the best prices for your trades.

Community-Driven: Actively develop new features based on user feedback and suggestions.

Free to Use: Enjoy all these benefits without any hidden fees or subscriptions.

Q3. What are the major milestones Flex Bot achieved so far & what are in the future pipeline?

Ans — FlexBot has come a long way since its inception, and here are some of the major milestones achieved so far:

Starting from Website Launch to White Paper Release

our Telegram bot has went live on mainnet

We also have introduced our Referral program

Recently we have DYDX Integrations announcements and Arcana Integrations announcements

Future plan include more integrations and adding more features , introducing V2 of our bot and TGE.

Questions Asked on 𝕏 for FlexBot Team!!

Q1. Is the FLEX bot only limited to making automated token snipping decisions and trades?Can this bot explore other forms of crypto ecosystem such as airdrop farming and token contract analysis?Do users ought to pay some sort of fee before they can access full services of this bot?

Ans — yes Users can participate in airdrops through FlexBot, enabling them to acquire new tokens and diversify their portfolios.

It will allow traders to access new and potentially valuable tokens without direct purchase.

Coming to your second question, FlexBot is all about inclusivity so It’s completely free to use, and there’s no entry fee for the full range of services. We believe everyone should have an equal shot at the FlexBot’s features.

Q2. I’ve gone through all your features, i must say that you guys have put in alot of efforts to come up with such an outstanding project. However, what interest me the most is the Precise token Snipping feature, can you please elaborate more on it? How exactly will it assist us in seizing profitable opportunities the moment they arise, Will it notify us when we are offline or what’s the magic behind it?

Ans — Allow me to explain token sniping to everyone , so token sniping is a feature in FlexBot that scans the market for emerging tokens or those likely to experience a surge in value, enabling traders to make swift, informed decisions. It’s particularly useful for catching early opportunities in a market where timing can significantly impact investment returns.

Our algorithms analyze a dizzying array of data points, from liquidity ratios to social media buzz, to identify tokens with high potential for rapid price surges

The magic behind it all? It’s a potent blend of cutting-edge algo, real-time data analysis, and a passion for empowering traders to grab the market.

Q3. How does FlexBot simplify the trading process for newcomers to crypto trading, and what specific features make it user-friendly, especially for those using the Telegram bot interface?

Ans — One of the best things I feel about FlexBot is the team behind it, we ourselves are traders and understand how trading can make your brain explode sometimes

thats why we have made sure that that the UX is as simple as possible in plain English, explaining things clearly, and keeping it simple.

Trading on Flexbot is just like texting your friends. Send a message and boom you’re buying, selling, or checking your portfolio.

No need for fancy apps or confusing screens.

Q4. Would it be possible to customize the FLEX bot so it can automatically place trades?How much does it cost to purchase this bot and what is the percentage win rate of the FLEX sniping bot?

Ans — Allow me to break them :

We do have integrated powerful tools to make informed decisions quickly with Real-time alerts where the bot will notify you instantly when promising opportunities arise.

FlexBot is completely free to use! We believe everyone deserves a chance of trading opportunities, regardless of budget. No hidden fees, no subscriptions, just pure trading flow.

While we can’t guarantee magical winning streaks every day, FlexBot helps you stack the odds in your favor with Precise sniping as Our algorithm analyses various data points to identify tokens with high potential for rapid surges

Q5. How does FlexBot ensure that its AI and blockchain integration is easily accessible to users, particularly beginners with varying technical skills? Is the platform’s user interface and user experience designed to be user-friendly?

Ans — We understand that trading can be intimidating, especially for newcomers.

That’s why we’ve made it a priority to bridge the gap between cutting-edge technology and user experience making it accessible to everyone, regardless of technical expertise

We did this by Simplifying the Complex and ditching the jargon and complex terminology.

Our telegram bot is designed to be visually appealing with clean layouts, easy navigation, and a focus on functionality.

Questions Asked by our BlockTalks Community Members during live Session to FlexBot Team!!

Q1. How does FLEXBOT handle multilingual support and translation?

Ans — We will be adding the support soon

Q2. Does FlexBot has a plan to expand its bot feature not only for Telegram? For example, in Discord also?

Ans — We have plans to introduce a web app in future so users who are not on TG can also use flexbot

Q3. I Am Waiting for the MAINET For a long Time , So May I know When You Will Launch the MAINNET and What is the eligibility For Joining the MAINNET ?

Ans — The MainNet is already live Kistley Our bots are active to handle the trades.

Q4. When is the white paper of the FLEXBOT going to launch ?

Ans — We have the white paper on our website

Q5. What is the training process like for FLEXBOT’s AI models?

Ans — Our algorithms are being trained daily and we keep feeding them new data points

Q6. Can you explain the process of onboarding and getting started with FLEXBOT Trading Platform?

Ans — We have made sure that user onboarding is as easy as it could get

using Flexbot is basically like texting, you choose a few options and trades are executed

Q7. Could you provide more details on FlexBot’s referral system, including how it incentivizes both referrers and referees, and how it contributes to the platform’s community-centric growth approach?

Ans — We have something for both the referee and the referral. This helps the platform attain more traction and also adds some incentives for the users.

Here are some important links to FlexBot 👇🏻

Website: www.flexbot.xyz
Telegram: t.me/FlexBotChat
𝕏: t.me/FlexBotChat
Whitepaper: flex-bot.gitbook.io/flexbot/

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Block Talks

BlockTalks is all about Blockchains & Crypto. We do discussions about new Blockchain projects, the innovations & such more.