Bybit launches its AI-powered education tool ‘TradeGPT’

By Arya M Nair, Official Reporter
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Bybit launches TradeGPT
Rep.Image (Courtesy: Bybit)

Bybit, one of the world’s most trusted crypto exchanges, has launched TradeGPT, its AI-powered education tool.

The new product by Bybit was developed as part of the exchange’s mission to become the Crypto Ark of the world, offering free mentorship and financial education.

The normal ChatGPT can’t offer content based on the latest market trends and movements as it doesn’t have real-time data and was last updated in September 2021. However, ToolsGPT has access to Bybit’s market data, trading analytics, and technical analysis tools, combining the power of the AI model with the sophisticated data of Bybit’s platform.

Now Bybit users can access real-time market analysis and answers to their questions in multiple languages. In this way, TradeGPT acts as a mentor and guide to the exponential world of Web3. For example, it can offer market strategies in terms of percentage chance and also recommend the right products for the strategies being discussed.

Mr. Vivien Fang, head of financial products at Bybit, said that “Our analysts and tech team created ToolsGPT to provide the financial education and mentorship that is sorely needed in our hyper-financialized world. Essentially, we built the tool that we all wished we had when we began our careers in financial engineering and trading. We’re proud to offer this for free as part of our mission to become the world’s Crypto Ark.”

Last month, Bybit launched its Wealth Management product in order to cater to the needs of investors.

Bybit is a top-five cryptocurrency exchange established in 2018 in UAE, that offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24×7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

Related News | UAE-based Bybit unveils new wealth management product

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