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Cryptocurrency News 9 months ago
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Bybit Unveils AI-Powered Trading Tool, TradeGPT, for Real-Time Market Analysis and Insights

Algoine News
Summary:
Dubai-based cryptocurrency exchange Bybit has developed an AI-powered trading tool called TradeGPT, which utilizes language-based technology to provide real-time market analysis and answer user questions. By integrating ToolsGPT and ChatGPT, Bybit aims to offer unique insights and strategies to its users in multiple languages. Other exchanges, such as Crypto.com and Binance, have also explored AI tools for market insights. Bybit's foray into lending services and the increasing adoption of AI in sectors like education and data centers demonstrate the growing influence of AI in various industries.
Cryptocurrency exchange Bybit, based in Dubai, has created an AI-powered trading tool called TradeGPT that uses language-based technology to provide trading insights and answer technical questions using market data. This tool, which integrates Bybit's in-house ToolsGPT and the ChatGPT language model, offers real-time market analysis and multilingual support for users. Bybit had previously launched ToolsGPT in June 2023, incorporating machine learning and AI capabilities from ChatGPT to conduct technical and funding analysis. Other exchanges like Crypto.com and Binance have also explored using AI to provide unique insights to users, while OKX and Solana Labs have integrated AI tools for market analysis and transaction capabilities. Bybit has recently ventured into offering lending services to its users, and the implementation of AI tools in various sectors, such as education and data centers, is on the rise.

Published At

9/4/2023 1:58:11 PM

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