Is Bloom bot legit and safe?
Yes, Bloom is a real, operating telegram trading bot, checked Nov 3, 2026 against docs.bloombot.app and 12 other sources. 1 reported incident is listed below. Sign up with code dexsheet (10% off fees). Legit is not low-risk: coins traded on it can still go to zero.
Checked 2026-11-03 · 13 sourcesBloom is a real, operating telegram trading bot. It is non-custodial. We found 1 reported incident (listed below). Legit is not the same as low-risk: the coins traded on it can still go to zero.
dexsheetYou get: 0.9% fee instead of 1% (the fees page calls it a 10% discount; the referrals and cashback pages call it 10% cashback).
The checklist
| Check | Finding |
|---|---|
| Operating status | live |
| Custody | Self-custody |
| Identity check (KYC) | unknown |
| Known backers | none found |
| Reported incidents | 1 |
| Published fees | yes |
| US availability | restricted |
Custody: who holds your money
Bloom's terms state it does not store, have access to, or have the ability to recover users' private keys or seed phrases. Wallets are created or imported inside the bot and synced to the Manager.
Incidents
- 2026-10-26: Wallet drain: about 9,408 SOL from 48 wallets. Per Bitquery's reconstruction reported by Blockonomi and Parameter, 48 wallets linked to Bloom were emptied of 9,408 SOL (about $950K) within roughly 94 seconds on 2026-10-26, each by a transfer signed with the wallet's own key. Bloom said private keys were not accessed and blamed a remote-code-execution flaw in a third-party module; investigators had not confirmed the cause. Bloom said the nine affected users were fully refunded the same day. source
Real downsides
- Terms prohibit use from the United States and a list of other jurisdictions.
- Round trip costs 2% in platform fees at the standard rate, before gas.
- No public funding or company backers found in official materials.
Can you use it where you live?
| Region | Status |
|---|---|
| United States | Not available |
| United Kingdom | Available |
| European Union | Available |
Terms list prohibited jurisdictions: United States, Algeria, Belarus, Bolivia, Cuba, Crimea, DR Congo, Iran, Iraq, Ivory Coast, Liberia, Libya, North Korea, Somalia, Sudan, Syria, Venezuela, Yemen, Zimbabwe. VPN use to circumvent is prohibited. UK and EU are not on the list; terms are governed by Romanian law and EU regulations. (source)
We report what the venue's own terms say. Don't use a VPN to get around restrictions; venues can freeze accounts that do.
How to use Bloom without getting scammed
- Only open www.bloombot.app — fake lookalike sites and "support" DMs are the most common way people lose funds on any trading venue.
- Never share a seed phrase or private key. No real support agent will ask for one.
- A referral code only changes your fee and who gets a share of it. It never needs your keys.
- Treat every new memecoin as able to go to zero. A legit venue does not make the coins on it safe.
Comparing options? See the full Bloom sheet or Banana Gun, Trojan, BONKbot.
More on Bloom bot: Overview · Referral code · Fees · Is it legit? · News · Alternatives · US alternatives · Available in the US? · Mobile app? · Custodial? · Supported chains · Withdrawals
FAQ
Is Bloom bot safe?
Bloom is self-custody: your funds stay in a wallet you control, so your own key security matters most. We list 1 reported incident below, so read those before depositing. No platform makes the coins you trade on it safe.
Is Bloom legit?
Bloom is an operating trading bot suite with live docs and terms governed by Romanian law. Its terms say it does not store or access users' private keys. DefiLlama tracks about $63M in lifetime fees. No funding round or security incident was found in official sources or the press we checked.
What are Bloom's trading fees?
Bloom charges 1% on every buy and sell. Users who join through a referral link pay 0.9%. Network gas and priority fees are added on top and are not covered by cashback.
How does the Bloom referral program work?
Referrers earn 25% of Bloom's 1% fee from direct referrals, 3% from second-level referrals and 2% from third-level referrals. Earnings can be claimed every 6 hours once they pass a per-chain minimum such as 0.1 SOL.
Can I use Bloom in the United States?
No. Bloom's terms list the United States as a prohibited jurisdiction, along with countries such as Iran, North Korea, Cuba and Venezuela. The terms also prohibit using a VPN to get around the restriction.
Which chains does Bloom support?
Bloom's docs list Solana, Ethereum, BNB Chain, Base, Robinhood Chain, Arc, HyperEVM and Ink. Solana and EVM chains use separate Telegram bots.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Bloom Docs: Fees Structure — checked 2026-11-03
- Bloom Docs: Referrals — checked 2026-11-03
- Bloom Docs: Cashback — checked 2026-10-27
- Bloom Docs: Welcome to Bloom (chains, ecosystem) — checked 2026-10-16
- Bloom: llms.txt product summary — checked 2026-10-16
- Bloom Terms of Service — checked 2026-11-03
- Bloom homepage — checked 2026-10-16
- DefiLlama API: Bloom Trading Bot fees — checked 2026-10-16
- DefiLlama: Bloom Trading Bot — checked 2026-10-16
- Bloom Docs: Withdraw (Solana bot) — checked 2026-10-17
- Cointelegraph: Bloom bot hackers loot $953K — checked 2026-11-03
- Blockonomi: Hackers drain 9,408 SOL from Bloom trading bot wallets — checked 2026-11-03
- Parameter: Bloom trading bot suffers 9,408 SOL hack, all users refunded — checked 2026-11-03