Bybit Enhances User Experience with ChatGPT-Powered Tool

Bybit, one of the world’s leading cryptocurrency exchanges, has launched a new feature aimed at improving user experience across its platform. The new ToolGPT uses artificial intelligence (AI) technology from ChatGPT to provide traders with automated technical analysis, backtested price data, and other metrics to empower them with a more comprehensive view of the market and improve their decision-making process. The feature combines this AI technology with Bybit’s extensive market data in an effort to revolutionize how traders approach their strategies. Users can leverage the tool to analyze cryptocurrency price trends based on historical data, allowing them to predict the price movement of assets like BTC and ETH over the next day, week, and month. The feature reflects a broader trend in the crypto and tech industries toward automated AI and its potential to enhance analytical capabilities and risk detection. The launch of ToolGPT follows similar moves by firms like Elliptic and Binance to integrate AI functionality into their platforms in pursuit of these same benefits.