BCH Tipping Bot Takes Over Telegram

Following the popularity of Tippr on Reddit and Twitter, the users of Telegram application are also capable of performing BCH microtransactions via Pepe-interfaced tipping bot
01 March 2018   832

In January 2018 we have reported about the gaining popularity Tippr bot, which was a Bitcoin Cash tipbot for Reddit and Twitter users that allowed them to reward the content when they wanted to support the author by leaving a tip.

The technology is developing and spreading to different social services, and recently it has emerged that the similar Bitcoin Cash bot appeared in Telegram app. The bot can be found as tipmebchbot, and it has a repository on GitHub, which states that this software is highly experimental, may lead to loss of funds, and the author takes no responsibility for users' money.

BCH tipping bot in telegramBCH Tipping Bot in Telegram

The TipMeBch bot has the interface of the well-known internet meme Pepe, and is capable of performing the following commands:

  • /tipbch $1.23 - Send tip
  • /tipbch 0.0001 - Send tip (BCH)
  • /balance - Show your balance
  • /deposit - Show your deposit address (PM)
  • /withdraw <address> <bch amount> - Withdraw funds
  • /stats - Show tipping stats
  • /help - This help
  • /about - Information about the bot
  • /setstickerset [name] - Set sticker set for channel (pepe or none)

As it is reported by Altcoinss portal, the bot is currently at version v1.0.0 and is maintained by Andreas Brekken, a cryptocurrency developer who has been working since 2011.

At the moment of press, these are main market parameters of Bitcoin Cash:

  • Average price: $1 249,73
  • Marketcap: $21 237 239 890
  • 24h volume: $357 983 000

Four New Coins added by itBit after NYDFS Approval

itBit declared it has got the approval from the New York State Department of Financial Services (NYDFS) to add 4 major cryptocurrencies
14 June 2018   105

The New York-based exchange now lists 5 coins - Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Stellar Lumens for trading. It will also extend its custody and escrow services to the new coins that it presently provides for Bitcoin. The exchange will also suggest OTC trading services, which are necessary for the institutional investors.

This is an important milestone for itBit as we create a broader platform for crypto asset investors. We are committed to the growth and evolution of this ecosystem and DFS approval allows us to offer more trading and custody services across a wider range of crypto assets. Regulatory oversight and security have always been at the forefront of building our platform. We are thrilled to be able to offer these new services to our customers.
Chad Cascarilla
CEO, itBit

itBit was the first exchange to acquire an operating license the New York Banking Law by the NYDFS. Though the firm is proud of its regulatory compliance, it was rather close to the end of the recent CFTC subpoenas, that the agency sent out to 4 crypto exchanges suspecting Bitcoin price manipulation.

We also expect to see greater institutionalization of the space as traditional financial players develop the understanding and comfort to begin participating in the ecosystem.
Chad Cascarilla
CEO, itBit

The itBit CEO also stated that the exchange expects to see continued differentiation as the more reliable and useful crypto assets and utility tokens get the momentum in a couple of years.