Dubai-headquartered crypto exchange Bybit has integrated OpenAI's renowned AI-powered chatbot, ChatGPT, into its platform. The integration will pave the way for a new feature dubbed ToolsGPT on the exchange, offering an in-house chatbot. The feature will be available to all Bybit users for free. - ToolsGPT will combine ChatGPT's machine learning technology with Bybit's market data to provide technical analysis, price data, and metrics.
- Users will be able to ask ToolsGPT questions on these metrics, market insights, analysis, price trends, and predictions in various trading scenarios to get unique answers.
- Bybit CEO Ben Zhou said the ChatGPT integration would give users more comprehensive information while making investment decisions.
ChatGPT was released in November 2022 and gained massive popularity within several months after its launch, becoming the fastest-growing app of all time. - In April, Bybit also launched its in-house AI-powered tool, Tools Discovery, providing users with personalized product and strategy recommendations based on their trading habits, preferences, and current market conditions.
- AI has become a rising trend in the crypto industry over the last months as many other crypto-related firms, including OKX, Binance, Crypto.com, and The Solana Foundation, integrated AI-powered tools into their platforms.
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