Binance experts explain how artificial intelligence will affect the mass adoption of cryptocurrencies

The use of ChatGPT chatbot in the crypto space goes far beyond entertainment, according to Binance experts. The world’s largest cryptocurrency exchange believes that artificial intelligence can help in the mass adoption of cryptocurrencies.

ChatGPT provides conversational answers to questions on a wide range of topics, including blockchain and crypto technologies, allowing beginners to learn about previously unknown concepts. «ChatGPT has the advantage of being able to help explain concepts in an interactive and conversational manner. Users can also continue to ask it questions until they feel that they fully understand any cryptocurrency-related topic they are interested in,» Binance emphasized.

As it develops its capabilities, the chatbot helps more experienced users to code bots for crypto trading, taking an active part in the development of the innovative industry. ChatGPT can be useful for predicting the future value of certain cryptocurrencies, such as Shiba Inu or XRP. The AI also evaluates the legal battle between the SEC and Ripple.

It is worth reminding that ChatGPT is prohibited in Ukraine, as such restrictions were introduced by AI developer OpenAI. The Minister of Digital Transformation of Ukraine Mykhailo Fedorov even wrote an open letter to OpenAI asking to lift the ban on AI use. However, no one has received a positive response so far. So far, Ukrainians have found 3 ways to register to use ChatGPT: authorization from a foreign number, Telegram bot, or Google Chrome extension.