Bybit, a leading cryptocurrency derivatives exchange, has announced the launch of AI Trade GPT, a new artificial intelligence tool that provides market analysis and trading insights for its users.

AI Trade GPT is powered by OpenAI’s GPT-3, one of the most advanced natural language processing models in the world. The tool can generate natural language responses to users’ queries about the crypto market, such as price trends, trading signals, risk management, and more.

According to Bybit, AI Trade GPT aims to help users make better trading decisions and improve their trading performance. The tool can also provide personalized and interactive feedback to users based on their trading history and preferences.

To use AI Trade GPT, users need to access the Bybit app and tap on the AI Trade icon on the bottom right corner. Users can then type or speak their queries and receive instant responses from the tool. Users can also rate the quality of the responses and provide feedback to help improve the tool.

Bybit claims that AI Trade GPT is the first of its kind in the crypto industry and that it will continue to develop and optimize the tool in the future. The exchange also plans to integrate AI Trade GPT with other features and services on its platform, such as trading bots, social trading, and education.

Bybit is one of the largest and fastest-growing crypto derivatives exchanges in the world, with over 2.5 million registered users and over $100 billion in monthly trading volume. The exchange offers various products and services, such as perpetual contracts, inverse contracts, USDT contracts, mutual insurance, cloud mining, and more.