CoinMarketCap’s new ChatGPT plugin provides users with personalized analytics
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CoinMarketCap launches ChatGPT plugin
Crypto data aggregator CoinMarketCap, owned by crypto exchange Binance, announced on Wednesday, October 11, the launch of its ChatGPT plugin.
In its blog post, the firm confirmed that it has developed a novel plugin for the Large Language Model (LLM)-based AI chatbot ChatGPT. Users can access the feature by logging into their ChatGPT Plus account and activating the plugin.
Thanks to this feature, CoinMarketCap users can now access up-to-date information directly from CoinMarketCap. Thus enabling users to keep pace with the rapidly changing crypto landscape.
Using the CoinMarketCap ChatGPT plugin does not attract additional fees other than the $20/month ChatGPT Plus subscription fee.
The plugin provides users with personal analysis
CoinMarketCap explained that the plugin works as an AI crypto analyzer. The plugin can instantly answer complex questions by tapping into CoinMarketCap's real-time crypto data all with simple chat questions.
Thanks to this feature, questions that previously required time-consuming data analysis can now be answered immediately, the team said.
Commenting on this latest cryptocurrency news, CoinMarketCap Product Director David Salamon said;
“We are very proud of what we are offering with the ChatGPT CoinMarketCap plugin. Combining AI with a real-time, comprehensive data source like CoinMarketCap will change the way people do research. It's like giving every crypto investor their own personal crypto analyst.
CoinMarketCap remains one of the leading information gathering platforms for cryptocurrency users. It currently provides users with information on more than 1.8 million currencies and 665 crypto exchanges.
Parent company Binance continues to expand its base despite ongoing regulatory challenges. Last month, Binance partnered with Mitsubishi UFJ Trust and Banking Corporation (MUTB) to explore the possibility of launching a stablecoin in Japan.
The cryptocurrency exchange exited the Russian market last month and sold its business there to CommEX.