Bybit Launches New AI-Based Product

By
Tana Harina

09/04/2023

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Bybit is launching an AI-based trading tool called TradeGPT.

TradeGPT will be an educational tool designed to create trading strategies based on market data. The tool uses data from the GPT-3.5 model and ToolsGPT, another AI-based exchange tool. TradeGPT also supports different languages.

In June 2023, the exchange launched ToolsGPT, a tool that uses the power of ChatGPT and Bybit's market data to perform technical analyses and model predictions. TradeGPT acts as a mentor and guide to the Web3 world.

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Bybit has become one of the few crypto exchanges to implement ChatGPT capabilities. In May, Crypto.com launched AI assistant Amy, Binance implemented ChatGPT into its Binance Academy education program to create answers from a database of articles, Solana Labs uses a chatbot to simplify the wallet process. OKX has implemented EndoTech's artificial intelligence capabilities to analyze the market.

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