Bybit Support Documentation
Last updated
Last updated
Congratulations. If you are at this step, it means you have completed sign up and are now setup for automation. If you're yet to do this, go back to the sign up flow on our website: https://hedgefi.finance/signup
Naviate to Bybit API management section: https://www.bybit.com/app/user/api-management
Click Create New Key
Select System-generated API keys
Under API Key Permissions, ensure Read-Write is selected (read only will be selected as default)
Next, click the check box on Unified Trading.
All other options can be left as is.
Click Submit and follow the steps to complete MFA. Ensure to save your API Key and Secret. You will then need to complete the sign up form if you haven't already in order to setup your HedgeFi account: https://hedgefi.finance/signup
If you have setup a new API key for the first time, you will need to whitelist assets in order for our automation to execute trades on your behalf. On desktop, under the API management section of Bybits API page, you will need to select "Enable Symbol Whitelist" next to your API key.
Next, select Derivatives Whitelist and search for BTCUSDT. Ensure its selected by clicking the checkbox. You will then need to repeat this process for all the following assets we are currently tracking: BTCUSDT AVAXUSDT POPCATUSDT ETHUSDT SOLUSDT DOGEUSDT BNBUSDT
After you've whitelisted BTCUSDT, you need to ensure that you have a balance of USDT in your unified trading account. If this amount drops below your position size, trades will not execute on your account.Important: due to markdown expected on any trading strategy, its important to note that your account could be in loss for a period of time. Its best to start with a position size that is around 10% of the overall amount you are wanting to trade to manage your risk effectively.
Hedge mode is not supported by our automation, so users will need to ensure that their accounts are setup to trade in one-way mode.
To check this, to to the settings icon in the top right hand corner
Next select position mode and ensure that One-way mode is selected, not Hedge mode.
