Building a Crypto Telegram Bot Using Python: Real-Time Updates on Cryptocurrencies
Level of Functionality
In this section, we’ll break down the key functionalities of our crypto Telegram bot, and how these features will provide users with a comprehensive and real-time overview of the crypto market.
Fetching and displaying real-time crypto market data
Our crypto telegram bot is already equipped to fetch and display real-time market data for various cryptocurrencies. This includes data such as current price, market cap, volume, and price change percentage. We achieve this by making a GET request to the /coins/markets endpoint of the CoinGecko API.
Displaying the 24h highest and lowest prices
The bot can fetch and display the highest and lowest prices of a specific cryptocurrency in the last 24 hours. This information can be crucial for users who are actively trading or monitoring specific cryptocurrencies. We fetch this data from the same /coins/markets endpoint.
Fetching and displaying supply information
Our bot can fetch and display the circulating supply and total supply of a specific cryptocurrency. This information can be useful for users who want to understand the scarcity of a particular cryptocurrency. Again, this data is fetched from the /coins/markets endpoint.
Fetching and Displaying Top Cryptocurrencies
The bot can fetch and display the top 10 cryptocurrencies based on market cap. This feature provides users with a quick overview of the leading cryptocurrencies in the market. We fetch this data by making a GET request to the same /coins/markets endpoint, but with specific parameters to order the results by market cap and limit the number of results.
Fetching and Displaying On-Chain DEX Pool Data
Our crypto Telegram bot also includes the functionality to fetch and display on-chain DEX crypto liquidity pool data. This feature allows users to search for pools on a network, providing valuable insights into the decentralized exchange (DEX) market. We achieve this by making a GET request to the /onchain/search/pools endpoint.
Prerequisites
Before we start, ensure you have the following:
- Python 3.7 or higher installed on your system.
- A Telegram account.
- Basic understanding of Python programming.
- A text editor.
- CoinGecko API key.
Step 1: Setting Up Your Crypto Telegram Bot
First, you need to create a new bot on Telegram. Here’s how:
- Open the Telegram app and search for the ‘BotFather’ bot.
- Start a chat and follow the prompts to create a new crypto telegram bot.
- After the bot is created, you’ll receive a token.
Step 2: Installing Required Python Libraries
We’ll use two Python libraries: python-telegram-bot and requests. Install them using pip:
pip install python-telegram-bot requests
Step 3: Fetching Cryptocurrency Data
We’ll use the CoinGecko API to fetch cryptocurrency data.
Step 4: Writing the Crypto Telegram Bot Code
Now that we have our bot set up and our libraries installed, let’s start writing the code for our bot.
Step 5: Understanding the Bot Code
In this section, we’ll break down the Python code for our Telegram Crypto Bot to understand each part and its role in the overall functionality of the bot.
Step 6: Testing the Bot
To test the bot, follow these steps:
- Run the Python script in your terminal.
- Open the Telegram app and search for your bot.
- Start a chat with your bot and try out the commands.
Advanced Functionalities and Useful Endpoints
While the guide above covers the basic development of a crypto tracker bot, developers who might want to expand the bot’s functionalities can consider the following:
Conclusion
And there you have it! You’ve just built a basic Telegram bot that provides real-time cryptocurrency price updates. This bot can be a handy tool for crypto enthusiasts who want to stay updated with the latest crypto prices. You can add more features like alerts for significant price changes, portfolio tracking, and more.
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