NAGA unveils trading app integrated into Telegram Messenger
10:38 - 23 September 2024
Limassol-based international trading platform NAGA has launched what it describes as the world's first fully integrated trading app within Telegram.
Tapping into the messaging platform's 950 million-strong user base, this step positions NAGA as having seamless access to financial markets directly within Telegram's App Center, something the company says sets the stage for substantial user growth and fresh revenue streams.
Octavian Patrascu, CEO of The NAGA Group AG, underscored the strategic significance of this launch, saying, "Bringing the first-ever integrated trading app to Telegram is not just a breakthrough for NAGA, it's a transformational moment for our industry. With access to nearly one billion users, we now have an unprecedented opportunity to democratise financial markets on a scale that was once unimaginable. This is a crucial step in our mission to make trading accessible to everyone while accelerating our business growth."
An announcement from NAGA also notes, “Branded as the "NAGA Everything Trading" app, the platform brings the full suite of NAGA's SuperApp trading features into the heart of the Telegram ecosystem. Users can now onboard, complete KYC procedures, deposit funds, and trade over 4,000 assets -- including Real Stocks and CFDs on Stocks, Crypto, Forex, Commodities, Indices -- without ever leaving the app. The NAGA Everything App is available directly through Telegram at https://t.me/nagatrading_bot”.
Looking ahead, NAGA is planning monthly updates for the Telegram version of the app, with an upcoming release set to feature its Social Trading with AutoCopy, enabling users to replicate the trades of top investors in real-time, the company adds.