II- DirectSwap: the game changer of crypto trading.
The inherent issues of buying a token on a DEX.
Buying cryptocurrency in the decentralized world can be really difficult for the average person. The process itself is inherently complex and requires decentralized wallets filled with cryptocurrencies coming from centralized exchanges. Secondly, these wallets need to be connected to a DEX, and then the user must select the desired currency pair, set the right slippage, approve the transaction, etc. Therefore, a lot of crypto users only focus on cryptos that can be found on centralized exchanges, with an already high marketcap. We can summarize this by saying that there are two major disadvantages to buying cryptocurrencies directly on DEXs websites. First of all, the complexity of the process that be a huge barrier to democratizing decentralization. Second, making a trade at a specific moment can take a long time, because one needs to connect to his Metamask, to the DEX, search the pair, try different slippage percentages, and then finally buy. Trade is a matter of seconds and DEXs are encumbering the processes of placing a buy or sell order. What if I told you that these two issues can be solved by CryptoAI?
DirectSwap, or the game changer.
Introducing our DirectSwap bot: the true solution to facilitate buys on DEXs. DirectSwap by CryptoAI is the first bot that allow anyone to buy tokens on Uniswap just with a simple /buy command on Telegram. By doing it, users no longer have to leave the comfort of their favorite messaging platform to securely buy and sell cryptocurrencies. Crypto investors can now instantly and easily buy cryptocurrencies using Ethereum (ETH) right within Telegram. Our bot provides each user with their own personal wallet address, so that they can send their ETH directly to the wallet and then use it to purchase the cryptocurrency of their choice on the platform immediately. The bot utilizes a personal wallet address that each user can transact with, giving them an easily accessible, secure and privately managed crypto wallet. This means that every user will get a private key linked to their new wallet. We advise you to keep it in a secure place, and to always make a copy of it (a non-virtual one, like a personal notebook, or in a virtual place, like a cloud server) in order to never lose it if you have a problem with your Telegram account. If someone is more comfortable with holding the token he bought on an external wallet like Metamask, he can also buy it with our bot and receive the amount on the wallet of his choice.
This bot can also be incorporated by developers in their own projects, in order to enable investors to buy their token directly on Telegram. All they have to do is add the bot to their project's Telegram group and investors can /buy with ease. For the "/sell" function, users will have to message the bot privately as the function won't be available for usage in groups. This limitation serves to provide privacy for people who do not want to sell publicly and create "bad vibes" in the Telegram group. There are two major advantages to use DirectSwap instead of the Uniswap's website. First of all, it's easy and safe to use: anyone with a Telegram account can create a wallet in no time, and send funds to it. An external wallet like Metamask is not necessary: you can just send the funds directly from your favorite exchange. You also don't need to connect a wallet to any website. We all know that many scammers are copying Uniswap's website to make it look like the original one, and people who are new to crypto are more liable to fall into such a trap if they don't check the URL manually. By using DirectSwap, these inconveniences can be avoided, making trading fast and secure. The second major advantage is the time that it takes to buy with DirectSwap. In a competitive environment like crypto trading, every second matters. Until now, it took at least 20 seconds to buy a token after seeing it on Telegram. You have to go on Uniswap, connect your wallet (which means entering your password to Metamask and then connect), edit the slippage, approve the contract, and then buy. All these steps take a long time. Now let's compare this with our bot. Let's assume that you had set up your bot wallet in advance, which means it's ready to be used. All you have to do is use the command , copy past the contract and write the amount of ETH you want to spend. That's it. It only takes a few seconds. This is why DirectSwap is a game changer: it completely revolutionizes the way you can trade by giving you the power to buy with a simple command.
Security of DirectSwap.
Direct swap provides a high degree of security: every user can configure their own password, which will be used to encrypt their wallets, as will all data related to their wallet. The passwords won't be stored anywhere and only you will be able to decrypt your wallet with your password. Apart from this as a second level of security, we will be encrypting the whole database with a key which can be accessed only through a trusted third party which ensures that all the credentials are safe. As a proof of trust, DirectSwap will be fully audited by a highly competent third-party.
Benefits of DirectSwap to the $CAI ecosystem.
Our bot is free to use for everyone, and it can be added to any group. However, holders of $CAI token have a major advantage when they use the bot. If someone is using DirectSwap without holding any $CAI tokens, his transactions will be taxed at a 1% rate. It means that he will lose 1% of his investment on every buy or sell. The holders of $CAI token, on the other hand, will not be taxed: every transaction will be completely free of any form of taxation. It is an non-negligible advantage that will encourage users to buy and hold a $CAI bag, which will support the whole ecosystem. But that's not all: a part of the collected funds will be redistribued to our holders via a staking system. The bigger the volume on DirectSwap, the bigger the amount of dividends restributed to the stakers. By targeting crypto traders in Telegram groups, the DirectSwap will also create significant exposure for our project. Word will spread quickly and the people using our bot will have a competitive advantage, which will reinforce the need for others to use it too. This system will benefit both our holders and those who are willing to hold the required $CAI bag to trade without any limitation. Let's now take a look at our third bot. This one is not only related to crypto users, but to the general public.
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