Bybit
Crypto spot and USDT perpetuals by hand, on demo trading, the testnet or your live account.
Trading on margin can lose you more than you put in. Past results, including backtests, do not predict future results. Cloud9Trader provides tools and education, not financial advice. Read the full risk warning.
Connect your own Bybit account to see your wallet and positions and to send orders. The connection is new: it is built and tested against Bybit’s published API but has not yet been run end to end on demo trading, so it is marked beta. Start on Demo trading and check each order on Bybit’s own site.
Bybit does not serve the US, and offers UK users spot trading only. Check what Bybit offers where you live before you open an account.
Perpetuals are leveraged. A perpetual position can lose more than the margin you put up, and Bybit can close it for you if your margin runs out. Read leverage and margin before you trade one.
What you can do
Section titled “What you can do”- Manual orders: market, limit, stop and stop-limit orders on Bybit spot pairs and on USDT perpetuals. Perpetuals are named with
-PERP, for exampleBTCUSDT-PERP:Bybit, so they are not confused with the spot pair. - Stop loss and take profit on a perpetual entry. Either one closes the whole position.
- Account view: your unified account’s balance, equity and margin in USD, each coin you hold, and each open perpetual with its entry price, profit, margin and leverage.
Algorithm sessions cannot trade on Bybit yet.
Connect
Section titled “Connect”- Bybit’s Demo Trading trades with play money at real prices, from your own Bybit account. On bybit.com, switch to Demo Trading and create an API key there. Demo keys only work on demo trading.
- Give the key permission to read your account and to trade spot and contracts. Do not give it withdrawal permission, and do not make it read-only: Cloud9Trader refuses a key that can withdraw or cannot trade, and says which key to make instead. It checks again every hour.
- In Cloud9Trader, open Exchange API Keys from the user menu. In Bybit’s row, paste the API Key and Secret, leave the choice on Demo trading, and click Save. A saved key shows which one it runs on.
Bybit’s separate Testnet site has its own accounts and keys. Choose Testnet for a key made there. To trade with real money later, create a key on your live account, delete the practice key in Cloud9Trader, and save the live key with Live (real money).
Limits
Section titled “Limits”- Spot and USDT perpetuals on a Unified Trading Account only. Inverse contracts, dated futures, USDC contracts, options and spot margin are not offered.
- Perpetual orders are one-way, so each perpetual has one position on your account. Orders you place by hand and orders from anything else on the same account share it.
- Cloud9Trader does not set or cap leverage. A perpetual uses the leverage set on your Bybit account.
- No stop loss or take profit on spot entries, and no trailing stops. An order that asks for one is refused, not sent without it.
- Quantities and prices must be in the instrument’s steps and inside its limits, and a priced order must meet its minimum value. Anything else is refused, never rounded.
- A perpetual close only reduces the position: it never opens or flips one.
- One Bybit connection per Cloud9Trader account.
Read next
Section titled “Read next”- Brokers: what every broker supports.
- Leverage and margin: what leverage does to a perpetual position.