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    Home»AI Tools»Bybit unveils ‘TradeGPT’: Your ultimate AI-powered tool for market analysis and data-driven Q&A
    AI Tools

    Bybit unveils ‘TradeGPT’: Your ultimate AI-powered tool for market analysis and data-driven Q&A

    Tom KuBy Tom KuSeptember 4, 2023No Comments2 Mins Read
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    In the crazy world of cryptocurrency, there’s a new player in town and they’re using some serious cutting-edge technology. Dubai-based exchange Bybit has come up with an AI-powered tool called TradeGPT that’s designed to give traders a leg up.

    This bad boy taps into the power of ChatGPT’s language model and Bybit’s inhouse ToolsGPT to provide real-time market analysis and answer any burning questions you might have – and it can do it all in a bunch of different languages. Talk about fancy!

    Not only can TradeGPT offer market strategies, but it can also dish out info on products for strategies you’re discussing. It’s like having your own personal trading guru right at your fingertips.

    But hold on a minute, Bybit isn’t the only exchange getting in on the AI action. Crypto.com launched their own ChatGPT-powered assistant named Amy back in May 2023. And even Binance rolled out a chatbot that uses OpenAI’s brainpower to generate responses from their vast database of articles and info on the Web3 scene.

    And it doesn’t stop there! OKX is getting their AI on too by integrating EndoTech’s AI tools to analyze market volatility and find those sweet trading opportunities. Plus, Solana Labs jumped into the mix with a ChatGPT-powered plugin that lets their language model check wallet balances, move Solana-native tokens, and trade nonfungible tokens.

    But wait, there’s more! Bybit isn’t just in the AI game. They’re also offering lending services to their users, so you can earn interest on your deposited cryptos. It’s all about keeping those customers happy and coming back for more.

    AI is making waves all over the place, my friends. Take Animoca Brands subsidiary TinyTap, for example. They’re using AI to churn out educational games and nonfungible tokens based on user prompts. Talk about a smart system!

    And check this out, folks. Iris Energy dropped a whopping $10 million on 248 of Nvidia’s H100 Tensor Core GPUs. Why? Because they’re on a mission to explore all the awesome possibilities that generative AI has to offer at their data center sites. And let me tell ya, Nvidia’s been having some major success thanks to the surge in interest for AI-powered tools like ChatGPT.

    So, folks, keep your eyes peeled because AI is revolutionizing the game in more ways than one. It’s an exciting time to be in the cryptocurrency world, that’s for damn sure.

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