ByBit

How to setup your ByBit API keys on Copile

This guide will walk you through the process of aquiring your ByBit API keys and setting them up on Copile. Note that API keys are highly sensitive so ensure you are cautious when dealing with them. Copile requires minimal permissions for your API keys, and always puts security first.

Please note this process is likely to change over the coming weeks whilst we wait for our verified third party service application to be accepted

Step 1: Accessing your API keys on Bybit

  1. Head to https://www.bybit.com/ and login

  2. Select the profile icon in the top right menu

  3. Select API

  1. Once you are on the API page click Create New Key

  2. Select "System-generated API Keys"

  1. For API Key Usage; select API Transaction

  2. Name the API key something that identifies it to relate to Copile

  3. For API Key Permission select the following:

    1. Read-Write

    2. No IP Restrictions

    3. Orders

    4. Positions

  4. Click Submit. There is no need to change anything else

This will allow us to execute trades on your behalf. It is important not to select any other permissions.

  1. Complete the verication process

  1. Copy your API and Secret key and head to https://user.copile.trade/settings

Step 2: Submitting your API keys on Copile

  1. Go to https://user.copile.trade/settings

  2. Select the ByBit exchange and paste your API and secret key into their respective fields

  3. Click Submit

  4. Wait for your API keys to be encrypted and updated

  5. Once finished, head back to the ByBit API Management page and either refresh or close the tab to ensure your secret keys are no longer visible without verifying.

  6. You must now configure your trader settings. Users are required to configure both their preferred exchange and position size mode after entering their API keys. Simply entering an exchanges API keys alone without configuring plan settings will result in no trades being executed. Please see Settings for more information.

Your ByBit API keys are now successfully configured. Please note, these API keys are not directly accessible or editable via the Copile web app. If you wish to update them, you'll need to reset and undergo this process again. Also, ensure to remove them from the ByBit API Management page.

For security reasons, it's a good practice to periodically reset and update your API keys. Regularly rotating your API keys minimizes risks.

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