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Cryptocurrency News Articles

GT Protocol Aims to Simplify Crypto Investing with AI-Powered Platform

Aug 22, 2024 at 11:21 pm

Despite the mixed reputation of crypto among many skeptics, the general interest in digital assets continues to grow among both retail and institutional investors.

GT Protocol Aims to Simplify Crypto Investing with AI-Powered Platform

Many skeptics have given crypto a bad reputation, but both retail and institutional investors are showing more interest in digital assets.

Investing in traditional assets is hard enough, but getting into crypto can be even scarier, especially for retail investors These investors can get into the digital asset market in two ways: Crypto brokers or centralized exchanges. Crypto brokers make buying easier, but they also have high fees, not many options and privacy problems. A wide range of tokens and quick trading are offered by centralized exchanges, but they also come with security risks and can be hard to understand.

These problems are made worse by the huge amount of wrong information that is spread on social media, which makes it hard for newcomers to learn and invest well. Because of these problems, many potential investors are put off by how much they need to learn before they can invest in crypto.

GT Protocol is trying to change this by making it easy for users to use advanced AI algorithms. The platform offers an all-in-one AI assistant that can help with trading advice, portfolio management, and other tasks. GT Protocol's app combines centralized finance, decentralized finance, and NFTs in a noncustodial setting, offering efficient algorithmic trading tools with security and transparency.

Users can quickly get insights and make investment decisions by talking to the AI assistant. For example, users can ask for the top-performing tokens from the last 10 days and buy them right through the chatbot, making the experience much easier than on traditional exchanges.

Earlier this year, GT Protocol was able to launch with the help of ChainGPT's IDO launchpad. The goal was to give users access to crypto's best investment tools, which are profitable and help manage risk. Since then, GT Protocol has made several important partnerships, such as the one with Kima, a peer-to-peer money transfer and payment protocol that works with any asset.

GT Protocol's platform benefits from Kima's cross-chain capabilities, which enable seamless cross-border transactions using the $GTAI token. The token also gives holders the right to vote on governance matters, stake their tokens, and access smart contract-driven funds.

As a utility token, $GTAI holders can take part in GT Protocol's DAO governance votes, which help decide the GT ecosystem's development strategy. The ecosystem now has staking through $GTAI, access to crypto opportunities with smart contract-driven funds and pools, and APIs and SDKs to integrate its blockchain AI execution tech and Web3 investment marketplace with other Web3 and Web2 platforms and apps.

To help nonnative and beginner crypto traders learn in a safe, low-risk environment, GT Protocol has a revenue-generation fee business model instead of the old subscription-based model. This means that users only pay when they make money.

According to the company, the goal of this technology is to get mainstream audiences interested even if they don't have the time or patience to learn. This could lead to more people adopting digital assets and new types of investors entering the crypto market.

News source:u.today

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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