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CoinMarketCap introduces ChatGPT plugin for enhanced crypto queries

Subscribers of ChatGPT Plus merely need to activate the plugin within their accounts

In a move to cater to the increasing demand for accurate and real-time crypto data, CoinMarketCap, a leading crypto data aggregator owned by crypto exchange Binance, has unveiled a cutting-edge ChatGPT plugin. This latest addition allows users with ChatGPT Plus subscriptions to effortlessly raise various cryptocurrency-related queries to the large-language model (LLM) AI chatbot.

Subscribers of ChatGPT Plus merely need to activate the plugin within their accounts. While ChatGPT in its core form does offer information up until September 2021, it falls short when catering to enthusiasts hungry for real-time cryptocurrency insights. This limitation prompted the integration with CoinMarketCap, ensuring timely data feed, from the nuances of blockchain statistics to the latest market winners and losers.

Notably, this partnership empowers the LLM to adeptly respond to a variety of questions. Users can seek answers to simple questions like the correlation trends of Bitcoin and Ethereum in 2023 or delve deeper into complex areas, for instance, discerning how different token distribution models impact price volatility.

In line with the changing times, the tool promises compatibility across devices, be it mobile or desktop, ensuring seamless access for users anywhere.

This development underscores a broader trend in the financial world, with numerous exchanges harnessing the prowess of artificial intelligence (AI). In a similar vein, Bitget, a crypto exchange, had previously integrated AI for its grid trading solutions. The firm also tapped into AI for multi-language translation and enhancing its customer service experience, as shared by Gracy Chen, Bitget’s managing director. Alongside, notable names like Nasdaq have embraced AI for trade orders with the blessing of the United States Securities and Exchange Commission. Meanwhile, Binance has further ventured into the realm of AI, launching an AI-driven nonfungible token generator for its verified user base.

Source: https://cointelegraph.com/news/coinmarketcap-launches-chatgpt-plugin 

Image: https://unsplash.com/photos/CmQ9bOHqACY 

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