With the advent of instant messaging, especially for communities, several apps have risen to dominate the messaging market, with Discord and Telegram especially prominent with billions of users. These apps are popular due to their programmability, as many additional features can be easily infused into them; hence, community owners can offer loads of exciting features to their user base.
One such feature is “subscriptions”, which are facilitated by bots. They allow Telegram users to subscribe to a channel they find interesting for anything at all, ranging from trading signals to movie updates, news, gaming tips and competitions, live coaching, and anything else you can think of.
As a content creator, these subscription bots can help you get rewarded for the content you put out and earn a steady stream of income from your subscriptions, as many bots facilitate direct bank payments, PayPal links, and other traditional payments. However, if you have a global audience, some of your members may find it impossible to use the available traditional payment methods due to geographic restrictions. However, cryptocurrency, being borderless and free of bureaucracy, can help you mitigate these problems.
In this article, we will explore the means of managing your Telegram channel, accepting payments in crypto with simple, easy to use, crypto subscription bots.
Telegram Channel Subscriptions: Limitations of Traditional Modes of Payment
The traditional modes of payment come with a long list of limitations that have their own effects on content creators. These include:
- High transaction fees, especially when you are working with international payments, can go through the roof, often eating into your potential earnings.
- Delays in payment processing, as these modes of payment require banks or some financial institutions to facilitate the transaction; hence, it come with added delays, impacting your cash flow
- Reduced global reach, when you rely on these traditional payment methods, you may face issues connecting with a wider audience as the payment platforms may not be available in those countries, limiting the audience you have access to.
- Privacy concerns, these payment methods often require you to disclose personal information, raising concerns about privacy. They may also impose restrictions on your content, limiting your creative freedom and reducing your income.
With all these limitations, it begs the question: how can you easily monetize your audience with no stress at all? One word, cryptocurrency.
Monetizing Your Audience With Crypto
Cryptocurrencies operate on decentralized networks (blockchains); hence, they function without needing a central controlling authority like banks and traditional financial institutions. Hence, they have found a use case in a host of financial operations, as they can function without geographic restrictions.
Beyond the possibility of seamless borderless transactions, it costs lower transaction fees compared to the traditional modes of payment, especially for international payments, making it more cost effective for a global audience.
All of these mean that the use of crypto to monetize your Telegram audience has never been more important than it currently is. The next question is how to go about it, and that’s where Cwallet comes in with the unique Cwallet subscription bot for Telegram, which can be used to manage your channel and receive subscription payments in cryptocurrency, therefore expanding your potential clientele and consumer base beyond the shores of a country or beyond the confines of a local currency.
How To Use The Cwallet Telegram Bot To Facilitate Subscriptions
To set up subscriptions on the bot, you first need to invite the Cwallet bot (@cctip_bot) to your Telegram group and grant it admin privileges. Next, you will log in to your Cwallet account via the same Telegram account with which you created the group and access the bot page.
From there, you can select your subscription group, (where you added the bot) and easily set up subscription fees with different tiers, e.g., $5 for a day, $20 for a week, $60 for a month, etc. You may also offer a free trial for a short period.
When users click on the link to join your group, the bot will initiate a chat with them, prompting them to pick a preferred subscription plan, as shown below.
After selecting a preferred subscription plan, the bot will prompt your members to pay with cryptocurrency via a link or an easy-to-scan QR code, and once the payment is confirmed, they are automatically added to the Telegram group.
No manual verification is required, and the process is entirely managed by the bot; all you need to do is set up your subscription details, and the bot takes over the rest.
Why Use The Cwallet Telegram Bot For Telegram Channel Subscriptions
The Cwallet subscription bot is seamlessly integrated with Telegram, therefore offering an efficient administration of fan subscriptions and tips, while leveraging the power of cryptocurrency to provide users with a secure and convenient payment experience. As a result, you can easily handle subscriptions and get rewarded for your content or service. Additionally, Cwallet possesses a robust encryption protocol to ensure the safety of user data and transactions.
Another advantage of monetizing your Telegram group with crypto is that it is simple to set up and monitor. You may set up subscriptions with the Cwallet Telegram bot, and users can make payments within Telegram since they don't need to leave the app to finish the subscription process. Furthermore, because blockchain technology is transparent, it promotes better accountability and removes the possibility of fraud.
End Note
As outlined in the article, there is a lot to gain from using crypto to monetize your audience. Gone are the days of creating content with third-party apps that take up a large chunk of your income. With Telegram, you can own your community, control it on your terms, and earn commission-free income from anywhere in the world.
Don’t delay! Sign up on Cwallet now to get started!
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