The Bybit cryptocurrency exchange has announced the launch of a new cryptocurrency trading tool. The TradeGPT chatbot is able to analyze the state of the market, predict the growth of tokens and develop investment strategies.
Bybit, the crypto exchange, has released a new artificial intelligence tool for traders. The TradeGPT chatbot, based on the ChatGPT 3.5 API, is capable of analyzing the market and making recommendations on cryptocurrency investments based on data received in real time. According to Vivien Fang, Bybit’s director of financial products, TradeGPT will give users the financial education and mentoring they have been missing.
TradeGPT is distributed free of charge to all registered users of the exchange, however the chatbot is limited to 20 requests per day. At the same time, the neural network cannot process messages longer than 400 characters.
Bybit is not the first crypto exchange to launch an AI partner. Previously, Crypto.com, Binance and OKX already showed their TradeGPT analogues. Interestingly, the OKX chatbot does not work with OpenAI’s ChatGPT. For analysis and forecasts, the crypto exchange uses the neural network of the Israeli startup EndoTech.
Author:
Grigory Shcheglov
Source: RB
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