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Bybit Introduces TradeGPT for Crypto Trading

AI chatbots are designed to analyze the crypto market, answer the queries of the traders and act as the assistant to the traders.

ShahZaib Ahmed

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TradeGPT

Bybit, a reliable and secure crypto assets exchange has launched TradeGPT. Bybit introduces artificial intelligence-based chatbots for trading purposes. Such AI chatbots are designed to analyze the crypto market, answer the queries of the traders and act as the assistant to the traders.

Bybit’s AI-based Tool: TradeGPT

Bybit is a UAE-based cryptocurrency exchange best known for its secure and reliable trading. Bybit is assisting the crypto community with its enormous features and now has introduced a unique tool based on AI. This new Chatbot tool is a part of Bybit’s expansion and artificial intelligence (AI) suit named “ToolsGPT”.

Bybit supported and justified the stance that although ChatGPT’s data is restricted till September 2021 still it is beneficial. Users can get real-time efficient market assessments and can get the answers to their queries in their native languages. The crypto community would be able to get market analysis and reports using TradeGPT.

Also Read: MPs in the UK Propose Worldwide Alliance to Handle AI Misuse

Bybit disclosed that their newly launched AI-based TradeGPT is free of cost and easily available for the people. For now, users would be able to use TradeGPT with a day limit which would be twenty queries per day. The platform welcomes people interested in the crypto industry and allows them to explore the market and predefined subjects.

AI’s Trend in Crypto Industry

Bybit isn’t the first and only cryptocurrency exchange to adopt artificial intelligence for the crypto solution. Binance and a few other exchanges have also adopted and benefited from AI technology. Binance which is considered to be the largest cryptocurrency exchange by volume integrated artificial intelligence (AI) into Binance Academy Suite, dubbed as “Binance Sensei”.

Another platform ChatBTC provides extensive knowledge about Bitcoin (BTC). It allows users to directly interact with Greg Maxwell and Matt Corallo for expert views based on previous crypto-related writings an publications. Moreover, TinyTap is related to the NFT industry, OKX crypto exchange and many other technology-based institutions as exploring the AI fields.

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