Newsly – Your Trading Bot

Newsly is a bot designed for fast and efficient trading based on "breaking news." Essentially, it's common for assets like Bitcoin to surge following certain news releases, and you might miss out on these opportunities. Newsly helps you capitalize on trading these news events.

To open a position on your favorite CEX, simply click the corresponding button under the news item of interest in the Telegram channel. This tool allows you to make trades directly from the news feed. Set up the bot, buy $NEWS tokens, and connect your exchange's API to the bot.

Interested? Follow our step-by-step instructions.

Time required: 15 minutes to set up the bot.

Cost: 10,000 $NEWS tokens.

Goal: Set up the bot for news-based trading.

Moni Discover Score: 377 points.

Start interacting with the bot

First, go to Telegram, find the @NewslyNews_Bot and press /start.

Account Setup

Follow the on-screen instructions and press the "Account" button. Then, you'll be asked to 

connect your wallet.

Wallet Authentication

After pressing "Connect Wallet,” you'll receive a link to connect your wallet to your Telegram account. This confirms that you hold $NEWS tokens for using the Newsly bot.

Signature and Confirmation in MetaMask

After pressing "Connect & Sign," MetaMask will ask you to sign a message. Then, you'll receive a message from the bot in Telegram showing the connected address and the number of $NEWS tokens in your wallet.

Token Requirement

To use the bot, you must hold 10,000 $NEWS tokens in your wallet. If you don't have the necessary $NEWS tokens, you need to purchase them on Uniswap. Token contract:

0x2F8221E82E0D4669AD66eABf02a5bAeD43ea49E7

Link to Dexscreener for chart analysis before purchasing.

Generating API Keys

The bot supports 3 CEX exchanges: Bitget, Binance, Bybit. If you already know how to get your exchange's API key, you can skip this step and proceed to the next.

Let’s look at generating API keys for Bybit and Binance exchanges.

API Key Generation for Bybit Exchange

To connect the Newsly Telegram bot and Bybit, you need to generate a special set of API keys exclusively for Newsly. Follow these steps to generate your API keys on Bybit:

- Log in to your account. If you don't have one, you can create it here.

- Go to the account or sub-account you intend to use.

- Click on your profile and select "API" from the dropdown menu, as shown below:

- In the API window, click "Create New Keys.” You'll be asked to select the type of API key. If unsure, choose "System Generated API Keys."

- Name your key something recognizable, like "Newsly," and copy the permissions shown below to ensure your setup matches. Be sure to add the following IP address to your API key for extra security: 52.30.103.212

- Done! Make sure to save your API key and secret word in a safe place.

API Key Generation for Binance Exchange

- Go to Binance

- Select "API Management" from the user menu in the top-right corner.

- Click "Create API." You'll be asked to choose the type of API key. Select "System Generated API Keys."

- After creating the key, click "Edit Restrictions” and check the "Enable Futures" box or copy the permissions as shown below:

- Be sure to add the following IP address to your API key for extra security: 52.30.103.212

- Done! Make sure to save your API key and secret word in a safe place, as you'll need them shortly.

API Connection

- Copy the API-ID you generated earlier.

- Copy the API secret associated with your account.

Don't be surprised if the bot immediately deletes the message for security reasons.

If you've completed these steps correctly, you'll receive a message about successful completion. Then, press the "Settings" button to configure trading parameters.

Trading Parameter Setup

At this stage, you need to configure the “Long” and “Short” buttons. Speed is crucial in news trading, so these settings allow you to set a fixed amount for each type of trade. To set this value, go to "Settings" -> "Set Long/Short Button Value" and enter the desired amount for each click.

Setting Stop Loss and Take Profit

Given the fast and volatile nature of news trading, the bot supports “Stop Loss” and “Take Profit” functions. By default, these options are disabled. However, they can be easily activated through the "Settings" menu. Note that both functions use percentages and apply only to newly opened positions.

To view or adjust trading parameters at any time, simply press the "Settings" button.

Start Trading News via Telegram

All set! To confirm, press the "Account" button. Here, you'll see details like the status of your account, the number of tokens at your disposal, your current balance, and the dollar value of open trades.

Join the news channel through this link. Keep an eye on the news flow to react to news events using the "Long" and "Short" buttons.

Managing Trades

To control and adjust your active trades, simply press the "Open Positions" button.

Here, you can view the profit and loss for each trade. Additionally, you have the option to reduce your position by 10%, 25%, 50%, or 75%, or to close the trade completely.

Conclusion

That's it. Remember, the bot is not a magic money button. Effort and flexibility are required. But with the right setup and experience, you'll succeed! Follow the bot's Twitter for updates.