How to create and set up Bybit API key

In this article, we will show you how to create, configure, and connect your Bybit and Bybit Futures API key to the Bitsgap platform.

Bitsgap is a trading platform that allows you to work with numerous cryptocurrency exchanges from a unified interface with access to additional tools that are not available on the exchange.

All trading operations are created and processed by using an exchange API key which is unique for every user. An API key is a safe and reliable way to use a platform because it does not give access to your personal data and prevents any funds management (withdrawals & deposits).

Bybit Unified Trading Account (UTA)

As Bybit's product line expands, the exchange has introduced an opportunity to unify your accounts for better trade optimization. With the Bybit Unified Trading Account, you will now be able to manage all your assets and funds in one account.

Learn more about Unified Trading in the following Bybit articles:

It is essential to upgrade to the UTA in order to trade on the exchange via Bitsgap. To do that, go to the Bybit Trade or Derivatives page and click on the Upgrade option:

Read through the introduction and details in the pop-up window to gain a better understanding of Unified Trading. Then, click on [Confirm Upgrade] to complete the transition to the UTA:

Warning
With the UTA, you have only one wallet for the spot and futures market. So, when trading Bybit futures, we recommend using the Isolated margin mode to avoid risking the entire balance in case of liquidation.

Creating a Bybit API key

Once you have switched to the Unified Trading Account, you can connect it to our platform and start your trading journey! To set up a Bybit API key and add it to your Bitsgap account, please follow the next steps:

1. Log in to Bybit

2. Go to the API page

From your account settings (top-right corner), navigate to the API page.

3. Create an API key

Click the [Create New Key] button to create a new API key.

4. Choose the API key type

Select the System-generated type of API key.

5. Match API permissions

First, choose the Connect to Third-party Applications option and select Bitsgap as an Application Name.

Edit your permissions, as in the example below. This will allow us to read your history and current balance and execute trades on your exchange account.

Here is the list of required permissions:

Read-Write option selected
Unified Trading - on

Unified Trading - Contract:

Orders - on
Positions - on

Unified Trading - USDC Contracts:

USDC Derivatives Trading - on (optional)

Unified Trading - SPOT:

Trade - on

Block Trade:

Block Trade - off

Assets - Wallet:

Account transfer - off
Subaccount transfer - off

When you are ready, click [Submit].

6. Pass security verification

Fill out your email verification and 2FA codes to complete the security verification.

7. Copy your API key and Secret key

Now your Bybit trading key is successfully created and ready to be connected to our platform! Please, copy your API key and Secret key somewhere safe before you add them to Bitsgap. Once you click Understood, you will not see your API keys anymore.

8. Go to Bitsgap > My Exchanges

9. Select the Bybit exchange and enter the API info

From the pop-up window, you need to select Bybit. This will open a window where you can add your API key and Secret key, then click [Connect].

10. Connection check

If everything is done correctly, you will see Bybit added to the list of your connected exchanges with the Connected status and the trading balance available on your account.

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