diff --git a/docs/source/formatting.rst b/docs/source/formatting.rst
new file mode 100644
index 0000000..89d35f2
--- /dev/null
+++ b/docs/source/formatting.rst
@@ -0,0 +1,10 @@
+==================
+Formatting options
+==================
+
+
+
+.. automodule:: telebot.formatting
+   :members:
+   :undoc-members:
+   :show-inheritance:
diff --git a/docs/source/index.rst b/docs/source/index.rst
index 596f901..5156271 100644
--- a/docs/source/index.rst
+++ b/docs/source/index.rst
@@ -49,6 +49,7 @@ Content
    async_version/index
    calldata
    util
+   formatting
 
 
 
diff --git a/examples/asynchronous_telebot/formatting_example.py b/examples/asynchronous_telebot/formatting_example.py
new file mode 100644
index 0000000..2e418ea
--- /dev/null
+++ b/examples/asynchronous_telebot/formatting_example.py
@@ -0,0 +1,52 @@
+from telebot.async_telebot import AsyncTeleBot
+from telebot import formatting
+
+bot = AsyncTeleBot('token')
+
+
+@bot.message_handler(commands=['start'])
+async def start_message(message):
+    await bot.send_message(
+        message.chat.id,
+        # function which connects all strings
+        formatting.format_text(
+            formatting.mbold(message.from_user.first_name, escape=True), # pass escape=True to escape special characters
+            formatting.mitalic(message.from_user.first_name, escape=True),
+            formatting.munderline(message.from_user.first_name, escape=True),
+            formatting.mstrikethrough(message.from_user.first_name, escape=True),
+            formatting.mcode(message.from_user.first_name, escape=True),
+            separator=" " # separator separates all strings
+        ),
+        parse_mode='MarkdownV2'
+    )
+
+    # just a bold text using markdownv2
+    await bot.send_message(
+        message.chat.id,
+        formatting.mbold(message.from_user.first_name, escape=True),
+        parse_mode='MarkdownV2'
+    )
+
+    # html
+    await bot.send_message(
+        message.chat.id,
+        formatting.format_text(
+            formatting.hbold(message.from_user.first_name, escape=True),
+            formatting.hitalic(message.from_user.first_name, escape=True),
+            formatting.hunderline(message.from_user.first_name, escape=True),
+            formatting.hstrikethrough(message.from_user.first_name, escape=True),
+            formatting.hcode(message.from_user.first_name, escape=True),
+            separator=" "
+        ),
+        parse_mode='HTML'
+    )
+
+    # just a bold text in html
+    await bot.send_message(
+        message.chat.id,
+        formatting.hbold(message.from_user.first_name, escape=True),
+        parse_mode='HTML'
+    )
+
+import asyncio
+asyncio.run(bot.polling())
\ No newline at end of file
diff --git a/examples/formatting_example.py b/examples/formatting_example.py
new file mode 100644
index 0000000..29df2d3
--- /dev/null
+++ b/examples/formatting_example.py
@@ -0,0 +1,51 @@
+from telebot import TeleBot
+from telebot import formatting
+
+bot = TeleBot('TOKEN')
+
+
+@bot.message_handler(commands=['start'])
+def start_message(message):
+    bot.send_message(
+        message.chat.id,
+        # function which connects all strings
+        formatting.format_text(
+            formatting.mbold(message.from_user.first_name, escape=True), # pass escape=True to escape special characters
+            formatting.mitalic(message.from_user.first_name, escape=True),
+            formatting.munderline(message.from_user.first_name, escape=True),
+            formatting.mstrikethrough(message.from_user.first_name, escape=True),
+            formatting.mcode(message.from_user.first_name, escape=True),
+            separator=" " # separator separates all strings
+        ),
+        parse_mode='MarkdownV2'
+    )
+
+    # just a bold text using markdownv2
+    bot.send_message(
+        message.chat.id,
+        formatting.mbold(message.from_user.first_name, escape=True),
+        parse_mode='MarkdownV2'
+    )
+
+    # html
+    bot.send_message(
+        message.chat.id,
+        formatting.format_text(
+            formatting.hbold(message.from_user.first_name, escape=True),
+            formatting.hitalic(message.from_user.first_name, escape=True),
+            formatting.hunderline(message.from_user.first_name, escape=True),
+            formatting.hstrikethrough(message.from_user.first_name, escape=True),
+            formatting.hcode(message.from_user.first_name, escape=True),
+            separator=" "
+        ),
+        parse_mode='HTML'
+    )
+
+    # just a bold text in html
+    bot.send_message(
+        message.chat.id,
+        formatting.hbold(message.from_user.first_name, escape=True),
+        parse_mode='HTML'
+    )
+
+bot.infinity_polling()
\ No newline at end of file
diff --git a/telebot/__init__.py b/telebot/__init__.py
index 1a67667..d6b98da 100644
--- a/telebot/__init__.py
+++ b/telebot/__init__.py
@@ -645,7 +645,7 @@ class TeleBot:
                 else:
                     handled = False
                 if not handled:
-                    logger.error(e)
+                    logger.error(traceback.format_exc())
                     if not non_stop:
                         self.__stop_polling.set()
                         logger.info("Exception occurred. Stopping.")
diff --git a/telebot/formatting.py b/telebot/formatting.py
new file mode 100644
index 0000000..fc003c1
--- /dev/null
+++ b/telebot/formatting.py
@@ -0,0 +1,201 @@
+"""
+Markdown & HTML formatting functions.
+
+.. versionadded:: 4.5.1
+"""
+
+import html
+import re
+
+
+def format_text(*args, separator="\n"):
+    """
+    Formats a list of strings into a single string.
+
+    .. code:: python
+
+        format_text( # just an example
+            mbold('Hello'),
+            mitalic('World')
+        )
+
+    :param args: Strings to format.
+    :param separator: The separator to use between each string.
+    """
+    return separator.join(args)
+
+
+
+def escape_html(content: str) -> str:
+    """
+    Escapes HTML characters in a string of HTML.
+
+    :param content: The string of HTML to escape.
+    """
+    return html.escape(content)
+
+
+def escape_markdown(content: str) -> str:
+    """
+    Escapes Markdown characters in a string of Markdown.
+
+    Credits: simonsmh
+
+    :param content: The string of Markdown to escape.
+    """
+    
+    parse = re.sub(r"([_*\[\]()~`>\#\+\-=|\.!])", r"\\\1", content)
+    reparse = re.sub(r"\\\\([_*\[\]()~`>\#\+\-=|\.!])", r"\1", parse)
+    return reparse 
+
+
+def mbold(content: str, escape: bool=False) -> str:
+    """
+    Returns a Markdown-formatted bold string.
+
+    :param content: The string to bold.
+    :param escape: True if you need to escape special characters.
+    """
+    return '*{}*'.format(escape_markdown(content) if escape else content)
+
+
+def hbold(content: str, escape: bool=False) -> str:
+    """
+    Returns an HTML-formatted bold string.
+
+    :param content: The string to bold.
+    :param escape: True if you need to escape special characters.
+    """
+    return '<b>{}</b>'.format(escape_html(content) if escape else content)
+
+
+def mitalic(content: str, escape: bool=False) -> str:
+    """
+    Returns a Markdown-formatted italic string.
+
+    :param content: The string to italicize.
+    :param escape: True if you need to escape special characters.
+    """
+    return '_{}_\r'.format(escape_markdown(content) if escape else content)
+
+
+def hitalic(content: str, escape: bool=False) -> str:
+    """
+    Returns an HTML-formatted italic string.
+
+    :param content: The string to italicize.
+    :param escape: True if you need to escape special characters.
+    """
+    return '<i>{}</i>'.format(escape_html(content) if escape else content)
+
+
+def munderline(content: str, escape: bool=False) -> str:
+    """
+    Returns a Markdown-formatted underline string.
+
+    :param content: The string to underline.
+    :param escape: True if you need to escape special characters.
+    """
+    return '__{}__'.format(escape_markdown(content) if escape else content)
+
+
+def hunderline(content: str, escape: bool=False) -> str:
+    """
+    Returns an HTML-formatted underline string.
+
+    :param content: The string to underline.
+    :param escape: True if you need to escape special characters.
+    """
+    return '<u>{}</u>'.format(escape_html(content) if escape else content)
+
+
+def mstrikethrough(content: str, escape: bool=False) -> str:
+    """
+    Returns a Markdown-formatted strikethrough string.
+
+    :param content: The string to strikethrough.
+    :param escape: True if you need to escape special characters.
+    """
+    return '~{}~'.format(escape_markdown(content) if escape else content)
+
+
+def hstrikethrough(content: str, escape: bool=False) -> str:
+    """
+    Returns an HTML-formatted strikethrough string.
+
+    :param content: The string to strikethrough.
+    :param escape: True if you need to escape special characters.
+    """
+    return '<s>{}</s>'.format(escape_html(content) if escape else content)
+
+
+def mspoiler(content: str, escape: bool=False) -> str:
+    """
+    Returns a Markdown-formatted spoiler string.
+
+    :param content: The string to spoiler.
+    :param escape: True if you need to escape special characters.
+    """
+    return '||{}||'.format(escape_markdown(content) if escape else content)
+
+
+def hspoiler(content: str, escape: bool=False) -> str:
+    """
+    Returns an HTML-formatted spoiler string.
+
+    :param content: The string to spoiler.
+    :param escape: True if you need to escape special characters.
+    """
+    return '<tg-spoiler>{}</tg-spoiler>'.format(escape_html(content) if escape else content)
+
+
+def mlink(content: str, url: str, escape: bool=False) -> str:
+    """
+    Returns a Markdown-formatted link string.
+
+    :param content: The string to link.
+    :param url: The URL to link to.
+    :param escape: True if you need to escape special characters.
+    """
+    return '[{}]({})'.format(escape_markdown(content), escape_markdown(url) if escape else content)
+
+
+def hlink(content: str, url: str, escape: bool=False) -> str:
+    """
+    Returns an HTML-formatted link string.
+
+    :param content: The string to link.
+    :param url: The URL to link to.
+    :param escape: True if you need to escape special characters.
+    """
+    return '<a href="{}">{}</a>'.format(escape_html(url), escape_html(content) if escape else content)
+
+
+def mcode(content: str, language: str="", escape: bool=False) -> str:
+    """
+    Returns a Markdown-formatted code string.
+
+    :param content: The string to code.
+    :param escape: True if you need to escape special characters.
+    """
+    return '```{}\n{}```'.format(language, escape_markdown(content) if escape else content)
+
+
+def hcode(content: str, escape: bool=False) -> str:
+    """
+    Returns an HTML-formatted code string.
+
+    :param content: The string to code.
+    :param escape: True if you need to escape special characters.
+    """
+    return '<code>{}</code>'.format(escape_html(content) if escape else content)
+
+
+def hpre(content: str, escape: bool=False, language: str="") -> str:
+    """
+    Returns an HTML-formatted preformatted string.
+
+    :param content: The string to preformatted.
+    :param escape: True if you need to escape special characters.
+    """
+    return '<pre><code class="{}">{}</code></pre>'.format(language, escape_html(content) if escape else content)
\ No newline at end of file