Create Bybit API Key for Python

by John | April 28, 2023

 

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Steps for Creating a Bybit API key

 

Log in to your Bybit account and navigate to the "API Management" page.    

 

Bybit API

Click on the "Create API Key" button.

 

Create Bybit API Python

 

Enter a name for your API key and select the permissions you want to grant it. Bybit offers three different permission levels: "View Only," "Trading," and "Withdraw." Select the permission level that corresponds to the activities you want to perform with the API key.

 

Bybit Security API

 

 

If the intention is to make trades with the API key, ensure you select the correct permissions. 

 

Enter any additional security settings you want to apply to your API key, such as IP restrictions or a trading password. The API key will expire after 3 months, if you do not pin it to an IP address. If you are running a bot from a server, it is advised you take the IP and paste it in to the section regarding whitelisted IPs. 

 

Once your API key has been generated, copy the API Key and Secret Key and store them in a secure location. Bybit does not store your Secret Key, so it is important that you keep it safe and do not share it with anyone.

 

It is a good idea to save your keys somewhere where it will be easily accessible. Below, we use a json file as an example, you can replace the KEY_NAME , key and secret with the variables you received from the previous step.  

 

{
  "KEY_NAME": {
    "key" : "jhdfJBHFWEDSsfsd",
    "secret" : "jwedfbwefhbw4DJBA2bdsaQIBEJBFDSWAsssawer"
    },

}

 

You can now use your API key to access Bybit's API and integrate it with your trading bot or other software.

 

Installing Pybit

Pybit is a Python package that provides a simple and easy-to-use interface for interacting with Bybit's API. It allows developers to access and manipulate trading data, account information, and order management directly from Python scripts.

 

  1. Open a command prompt or terminal on your computer.
  2. Make sure you have pip installed on your system. You can check this by typing pip in the command prompt or terminal and hitting Enter. If pip is not installed, you can download it from the official Python website.
  3. Type the following command in the command prompt or terminal: pip install pybit.
  4. Press Enter to execute the command. This will download and install the pybit package on your system.

 

from pybit.unified_trading import HTTP
import json
   
with open('filename.json') as f:
    keys = json.load(f)
    

key = keys['KEY_NAME']['key']
secret = keys['KEY_NAME']['secret']

session= HTTP(
    key = key
    secret = secret
    testnet=False
    )

 

Now you are ready to begin building trading bots and tools!

 

 

 

 


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