crypto data aggregator CoinMarketCap, owned by crypto exchange Binance, has created a novel plugin for ai chatbot ChatGPT, based on the large language model (LLM).
According to October 11 crypto-analyst-for-all-with-new-chatgpt-plugin/” target=”_blank” rel=”noopener nofollow”>advertisement, users can access the feature by logging into their ChatGPT Plus account and simply enabling the plugin, allowing them to ask the LLM a variety of cryptocurrency-related questions. There is no additional fee to use the plugin, other than the $20 per month subscription fee for ChatGPT Plus. “Basic ChatGPT has limited use for cryptocurrency enthusiasts as data is mostly restricted until September 2021. ChatGPT’s newly expanded web browsing capabilities are also limited in offering real-time crypto data,” the developers wrote.
The LLM is crypto-analyst-for-all-with-new-chatgpt-plugin/” target=”_blank” rel=”noopener nofollow”>able to generate answers to simple questions like “How correlated are bitcoin and ethereum in 2023?” to “How do variations in token distribution models (ICO/IDO/launch platforms, etc.) correlate with observed price volatility?” Through the integration, the prompts generated by ChatGPT come directly from CoinMarketCap, with real-time information such as listings, winners and losers, latest blockchain statistics, etc. The tool is compatible with mobile and desktop devices.
Multiple exchanges are currently experimenting with artificial intelligence (ai) technologies amid the rise of ChatGPT. In July, Cointelegraph reported that crypto exchange Bitget launched an ai-powered feature for its network trading strategies, leveraging the use of trading algorithms to automate transactions for users. In an interview, Gracy Chen, CEO of Bitget, revealed that the exchange is using artificial intelligence tools to handle the translation of its multilingual services as well as its customer service department.
Simultaneously, last month the Nasdaq exchange received approval from the US Securities and Exchange Commission for ai-based trading orders. Cryptocurrency exchange Binance has also launched an ai-powered non-fungible token generator for verified users.
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