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Home»Web 3»Would you let an AI trade crypto on your behalf?
Web 3

Would you let an AI trade crypto on your behalf?

2023-09-05No Comments2 Mins Read
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TL; DR

  • The Bybit exchange has just released a free AI trading assistant that delivers insights from the platform’s market data.

  • This is AI is essentially a virtual educator that takes the collective knowledge of the world’s experts in a specific field and gives it away for free.

Full story

So ‘TradeGPT’ is now something…

(It was really just a matter of time).

The AI-powered trading assistant is the brainchild of the Bybit exchange and is completely free to use (!).

But it may not be as “hands-off” as it seems… from all the reports we’ve been able to find, the assistant provides “insights from the platform’s market data.”

(So ​​– what? We still have to use our weak brains to make informed decisions like chumps? Pfft…)

Here’s what we love about this:

Have you ever tried to learn how to trade? It’s confusing as hell!

Apparently TradeGPT is dynamic enough to accommodate you no matter where your level of understanding is.

The idea is that if it says something like “This head-and-handle formation suggests a breakout to the upside.”

…you can respond:

“Woah, woah, woah. Pump the breaks there Einstein. Let’s dumb things down.

What the heck is a cup-and-handle formation? Explain it like I’m five.”

A virtual educator giving away the collective knowledge of the world’s experts in a single field for free?

We like to see it.

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See also  Nearly a third of American voters under the age of 40 have used crypto, according to a new poll
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