FirstLedger Bot is the first and leading Telegram trading bot on the XRP Ledger, built to bring one-click DEX trading to XRPL without wallets, browser extensions, or technical setup. This review covers every feature, the fee structure, real trading strategies, and an honest look at who it is built for.
Key Takeaways
- The first Telegram trading bot ever launched on the XRP Ledger.
- Fully self-custodial: private keys stored locally, never on a server.
- Free to use with a small per-swap fee and no subscription or withdrawal charges.
- Includes a token launchpad, 3 alert channels, and a companion mobile wallet.
What Is FirstLedger Bot?
It routes trades through both the XRPL’s native order-book DEX and its AMM layer to always get the better rate, with 3 to 5 second settlement and sub-cent fees. No downloads, no KYC, no browser extensions. The definitive tool for anyone trading on the XRPL, and the starting point for newcomers exploring the best Telegram sniper bots across all chains.
History and Key Milestones
FirstLedger launched on March 22, 2024 as the first Telegram trading bot on the XRP Ledger, with auto-signing trustlines, multi-wallet support, PnL tracking, and 3 token alert channels on day one. Since then, the platform has added social login via Gmail and Twitter (removing the seed phrase barrier for new users) and Joey Wallet, a companion iOS and Android app with MPC security for full self-custodial XRPL access on mobile.
FirstLedger Bot Features
FirstLedger is far more than a buy/sell interface. It is a complete XRPL trading suite that covers execution, wallet management, token discovery, and launchpad functions, all accessible from a single Telegram chat. The FREE setup and the breadth of features it ships with make it the most complete tool on the ledger.
Trades execute in a few clicks using the XRPL’s 3 to 5 second settlement time and sub-cent transaction fees.
Private keys are encrypted and stored in the user’s browser or device; no third-party custodian ever holds funds.
Trustlines are signed automatically before each purchase, removing a friction point that frustrated traders on other XRPL interfaces.
Create or import multiple XRPL wallets and switch between them using the /wallets command; import via seed phrase or encrypted file.
Monitor unrealised and realised profit/loss in real time across all positions directly inside the bot interface.
Configure custom buy amounts as one-tap preset buttons so you can enter positions instantly without typing amounts.
Fine-tune slippage tolerance via /settings; the bot warns if the minimum required slippage exceeds your configured threshold.
Add a password layer to encrypt your stored wallet file for protection even if someone accesses your Telegram session.
Create and launch XRPL tokens with burned LP from firstledger.net; the issuer account is auto-blackholed to prevent future minting.
3 dedicated Telegram channels deliver real-time alerts for new token launches, new AMM pools, and LP burn events.
Create or access a self-custodial XRPL wallet using Gmail or Twitter (X), with no seed phrase required upfront.
A companion iOS and Android app that pairs with firstledger.net and supports social login recovery if your device is lost.
Earn points by trading, creating tokens, and inviting users; points are expected to convert into a FirstLedger protocol token for early adopters.
The web app ranks tokens by a weighted blend of 24h volume, price change, and liquidity, with boosts for verified tokens and high unique-holder counts.
Pros and Cons of FirstLedger Bot
Pros & Cons
- Pioneer and undisputed leader on the XRP Ledger
- Genuinely self-custodial with locally encrypted keys
- Token launchpad with built-in anti-rug protections
- XRPL-only: traders active on other chains will need separate tools
- Browser-stored keys require careful backup across devices
How to Make Money with FirstLedger
FirstLedger gives XRPL traders 2 clear paths to generate returns. The right one depends on your time commitment and risk tolerance.
- 🚀 Early Token Sniping: subscribe to all 3 alert channels (new tokens, new AMM, LP burn) and preset your buy buttons with small-to-medium XRP amounts. Getting in during the first minutes of a token launch, before meaningful price discovery, can produce significant gains if the project gets traction. Set slippage slightly higher on new low-liquidity tokens and allocate only what you are comfortable losing on any single play.
- 🪙 Token Creation and Points Farming: the launchpad lets anyone create an XRPL token for just 20 XRP plus a 100 XRP minimum LP that is permanently burned. Launching earns you points toward the future FirstLedger protocol token and, if your project builds traction, real trading volume that benefits you as the developer allocation holder. The auto-blackholed issuer account reassures buyers and boosts your token’s credibility from day one.
The XRPL memecoin market is younger and faster-moving than Ethereum’s. That means both higher upside and higher volatility on individual token plays. Treat early sniping as a small-allocation strategy and size each position accordingly.
Fees and Cost Structure
FirstLedger is FREE to set up and use. There are no subscription fees, no membership tiers, and no withdrawal charges. The platform charges a small percentage trading fee per swap, in line with other Telegram trading bots in the space, on top of the XRPL’s native network fee which is typically a fraction of a cent. For context: the XRPL charges fees in the range of 0.00001 XRP per transaction, making it one of the cheapest settlement layers in existence.
The token launchpad charges 20 XRP to create a token, with a minimum of 100 XRP burned as initial liquidity. This ensures every launched token has genuine skin in the game from day one and prevents low-effort rug attempts.
How to Start Trading in Under 2 Minutes
Open the Bot on Telegram
Search for @firstledger_bot on Telegram or head to firstledger.net and click the Telegram login button. No download, no KYC, no prior XRPL experience required.
Create or Import Your Wallet
Choose to create a new XRPL wallet or import an existing one via seed phrase. You can also sign in with Gmail or Twitter for a frictionless social-login wallet. Back up your recovery phrase and encrypted wallet file immediately after setup.
Fund Your Wallet
Send XRP to your wallet address. The XRPL requires a small reserve (2 XRP base plus reserves per trustline). You can fund via SimpleSwap, MoonPay, or a direct transfer from any exchange. Keep a small buffer above the reserve for transaction fees.
Find a Token
Paste a token contract address or a firstledger.net token link into the bot chat. The trading panel loads with live price data, liquidity, and your preset buy buttons. You can also browse the trending tokens list on the web interface.
Execute Your Trade
Tap one of your preset buy buttons or enter a custom amount. The bot signs the trustline and executes the trade in a single flow. Your position appears in PnL tracking immediately. To sell, use the sell panel that loads automatically after any buy.
The XRPL reserve requirement is worth understanding before your first trade. Each new trustline you open (one per token you hold) adds a small XRP reserve that is locked, not spent. This is a native XRPL mechanism, not a FirstLedger fee. Plan your starting deposit with this in mind if you intend to hold many tokens simultaneously.
Official Links and Verified Resources
Always use official channels to avoid scams. Fake bots and phishing sites targeting XRPL traders do exist. The verified FirstLedger resources are listed below. The XRPL Foundation documentation is also useful if you want to understand the underlying ledger mechanics before trading.
- 🤖 Telegram Bot: @firstledger_bot
- 🌐 Web Interface: firstledger.net
- 📚 Documentation: docs.firstledger.net
- 𝕏 Twitter / X: @First_Ledger
- 💬 Community Chat: @FirstLedgerHome on Telegram
- 🔔 Alert Channels: New Token Alerts, New AMM Alerts, LP Burn Alerts (find via @FirstLedgerHome)
The docs.firstledger.net documentation covers wallet setup, trustline mechanics, and advanced settings in full detail. For on-chain verification of any XRPL token you are considering trading, XRPScan is the standard block explorer used by the XRPL community.
Frequently Asked Questions
Yes. FirstLedger is self-custodial: your private keys are encrypted and stored in your own browser or device, never on a server. The team never requests your seed phrase. As with any self-custody wallet, protecting your encrypted backup file and recovery phrase is your responsibility.
FirstLedger Bot is the leading XRPL trading bot on Telegram and the only one with a full DEX aggregator, token launchpad, 3 alert channels, and a companion mobile wallet. It launched the category in March 2024 and remains the most feature-complete option on the XRP Ledger.
No. FirstLedger is built exclusively for the XRP Ledger. It routes trades through the XRPL’s native order-book DEX and AMM layer. Traders who also operate on Solana or EVM chains will need separate tools for those networks.
Generate a referral link from the “Refer Friends” button. You earn 20% of every trading fee generated by your referrals, forever, paid in XRP. There is no cap and no expiry. Referral payouts accumulate automatically as your referred users trade.
Search @firstledger_bot on Telegram and press Start. Create or import your XRPL wallet, fund it with XRP, then paste any token address or firstledger.net token link into chat to open the trading panel. The whole process takes under 2 minutes with no KYC required.
FirstLedger charges a small percentage fee per swap, consistent with other Telegram trading bots in the market. There are no subscription fees and no withdrawal fees. The XRPL network itself charges a native fee of around 0.00001 XRP per transaction.
Resources
