AI-Powered Trading Tools: Bybit Integrates ChatGPT for Insights
• Bybit has integrated ChatGPT’s AI technology to provide a host of new trading tools and metrics.
• The integration will allow ToolsGPT to generate technical analysis, price data and trading metrics for users.
• Other exchanges that have also used the OpenAI chatbot include Crypto.com, Binance and OKX.
Bybit Integrates ChatGPT To Provide Trading Tools With AI
Cryptocurrency exchange Bybit has unveiled its AI-powered offering to cryptocurrency traders using the Dubai-based exchange through an integration with ChatGPT.
ToolsGPT Combines ChatGPT’s Machine Learning Technology with Market Data
Bybit’s ToolsGPT combines ChatGPT’s machine learning technology with the exchange’s market data to provide technical analysis, price data and metrics. This includes providing price trends for a host of tokens and considering technical indicators to forecast future market movements.
Commitment To Empower Traders With Advanced Tools And Insights
According to Bybit CEO Ben Zhou, the integration of ChatGPT is an innovative move aimed at helping traders make informed decisions based on historical and real-time market data as well as AI-generated advice: “By integrating ChatGPT into Bybit Tools, we are able to give users more comprehensive information when making their decisions. ToolsGPT is a testament to our commitment to empowering traders with advanced tools and insights.
Other Exchanges Leverage OpenAI’s Language Model For Innovative Solutions
Other cryptocurrency exchanges have explored using OpenAI’s chatbot including Crypto.com, Binance and OKX.
Conclusion
By leveraging artificial intelligence (AI), Bybit aims to provide a host of new trading tools for its users through an integration with Chat GTP.
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