Coinbase Rolls Out AI-Powered Trading Feature for Ethereum

Coinbase has rolled out a new feature that allows users to instruct AI agents to automatically buy Ethereum if its price drops by 5%.

This means users can set rules-based limit orders using AI assistants like ChatGPT connected directly to their Coinbase accounts, without having to manually place trades themselves.

The automation helps users react to market dips more quickly and easily, but carries risks as a 5% drop does not guarantee a bottom in the market, and prices may fall further after execution.