Bybit is a relatively new P2P cryptocurrency derivatives exchange that was launched early 2018 by founder Ben Zhou. They’ve grown rapidly in popularity with leverage traders and claim an impressive daily volume of around $1B. Bybit is headquartered in Singapore, however their trading operations are run through the British Virgin Islands.
Bybit’s quick rise to the top is in part due to their lax KYC requirements as a crypto-to-crypto derivatives exchange. Traders can make virtually unlimited withdrawals, store assets in Bybit’s cold wallet storage, and leverage up-to 100x. Bybit maintains institutional grade trading API with liquid order books that compliment the use of automated trading strategies executed by your Bybit trading bots.
Creating and deploying non-custodial Bybit trading bots with HaasOnline is quick and easy. Integration takes minutes to configure and best of all, you’ll never have to give anyone withdrawal permissions or full account access.
The ability to integrate and execute automated trades on ByBit is available with all our available plans, regardless of the plan term. We never take fees from profitable trades or restrict execution of trades based on account activity.1
Available Trading Methods
Bybit has great promotions for users including large trading competitions as well as rewards for completing tasks.
Up-to 100x leverage
Bybit provides more than enough leverage, which allows you to significantly multiply profit potential (and losses).
Bybit trading API offers a reliable and stable integration with HaasOnline for a high performance algorithmic trading experience.
While using your Bybit trading bots, you pay no withdrawal or deposit fees. Bybit’s fees for contracts are highly competitive.
Traders are not required to perform lengthy KYC in order to unlock the majority of Bybit’s platform. All you need is an email and username.
Bybit offers a wide range of resources to help traders navigate the platform and solve complicated issues.
ByBit Frequently Asked Questions
Does Bybit require KYC?
Bybit does not typically require KYC during registration. Most users around the globe can use Bybit without KYC verification, although U.S. residents are explicitly excluded from trading. Bybit may require documents for KYC for security reasons and risk assessments.
What are Bybit’s fees?
Like most exchanges Bybit offers competitive trading fees for both Spot and Futures markets. Bybit’s futures market maker fee is -0.025% and the taker fee is 0.075%. Bybit’s spot market maker and taker fee is 0.1%. You can reduce these trading fees by leveling up your Bybit account. You may also encounter nominal withdrawal fees, such as 0.0005 BTC to withdraw Bitcoin.
How do I use Bybit trading bots?
In order to start using HaasOnline with your Bybit trading bots, you need to add the API key that was generated in your Bybit account. After logging into Bybit click on the dropdown list on the top right of the ByBit main page and select “Account & Security” and create a new key with “Active Order and Positions” permissions.
Now, you have to add your Bybit API keys to HaasOnline TradeServer. Your funds always stay on their exchange because we don’t support withdrawal and our trading bots only trade using valid API keys. Next up is creating your crypto trading bot in HaasScript or selecting one of the preconfigured trading bots from our legacy framework. You can configure your trading bots to trade based on generated signals, such as price, volume, time and various other technical indicators.
Create ByBit trading bots with HaasOnline
Use the only privacy-focused on-premise solution developed for advanced ByBit cryptocurrency trading.View Plans & Pricing