ByBit is the latest crypto player to join the growing list of exchanges making place for AI agents in their ecosystems. Over the weekend, ByBit debuted its “AI Trading Skill” feature that will let any major AI assistant perform crypto trade tasks on behalf of ByBit’s human users.
The Dubai-headquartered exchange, according to CoinGecko, is the the second largest crypto exchange by volume after Binance. Announcing the AI-backed trading capability it said its users will be able to use simple natural language to instruct their AI assistant of choice to execute crypto trades, access market data, and manage assets.
ChatGPT, OpenClaw, Claude, Gemini, Cursor, and Windsurf have been named among AI bots that are already compatible with the feature on the exchange.
“With six modules, Bybit AI Skills enables everything from querying live prices to executing complex orders,” the ByBit said in its official statement. “The 253 API endpoints allow users to chain commands, follow up with additional queries, and manage their portfolio intuitively — all without ever touching a traditional trading interface.”
The AI agents, as per ByBit, will be able to inquire on market intelligence, order book depth, initiate spot trading, perform derivatives trading, and conditional orders.
In the eye of looming cyber threats, ByBit said, it has deployed guardrails to assist users get acquainted with AI usage.
“New users are first guided through testnet trading, allowing them to experiment with AI-driven commands in a simulated environment before interacting with real funds,” the exchange said. “When switching to live trading, all transactions require explicit user confirmation, ensuring that traders retain full control over every order.”
It is, however, noteworthy that for AI agents to be able to perform these tasks they will ne given access to user details like deposits, withdrawals, and currency conversions as well.
For now, the long-term impacts of involving AI into financial ecosystems remain unclear. While some are viewing the developments as a natural milestone for technical advancement, others argue that negative impacts of these advancements could give bots more than necessary leverage in humans’ financial fabric.
In the last few months, AI agents have seen a footprint expansion in the crypto sector. Bitget rolled out an AI trading assistant called GetAgent to let users trade using AI for trade tasks. Crypto.com has also enabled OpenClaw integration to facilitate agentic AI transactions.