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Exchange connection guide

Connect Bybit

Permission names can change in the exchange interface. Verify their meaning before saving the key.

00

Create your profile

Register with Bybit before creating an API key for this connection.

Register with Bybit
Required

Spot

Allow reading the account and placing Spot orders.

Optional

Earn

Earn is not used for BUY. When Spot has too little of an asset for SELL, the service can request redemption from a supported flexible Earn product.

Keep disabled

Withdraw

The bot does not need withdrawal permission. Enabling it creates unnecessary risk.

01

Before creating the key

  1. Sign in using the official exchange address.

    Check the domain and TLS certificate. Do not follow API setup links from unsolicited messages.

  2. Enable account security controls.

    Use two-factor authentication and the exchange anti-phishing features before creating API credentials.

  3. Create a dedicated API key.

    Do not reuse a key shared with another service. A separate key can be revoked without affecting other integrations.

02

Permission check

  1. Enable account reading and Spot trading.

    These permissions are needed to read balances, inspect orders and trade the selected pairs.

  2. Decide whether to enable Earn.

    This permission is optional. BUY uses only the available Spot balance. For SELL, the service can request redemption from a supported flexible Earn product when the required asset is missing from Spot.

  3. Keep a sale-ready Spot balance.

    Redemption depends on the exchange, asset, product and API permissions. If it is unavailable or delayed, the lot stays open and you receive an alert to return the asset to Spot yourself.

  4. Confirm that withdrawals are disabled.

    Do not continue until transfer and withdrawal permissions are off.

03

IP allowlist

  1. Add the algostr.com server IP to the API key allowlist.

    Use this IP when the exchange offers an IP restriction for API keys: 185.250.181.217.

  2. Save the key and then add it to your account.

    The connection form verifies the key directly with the selected exchange before storing it.

04

Bybit checklist

Open Bybit API management

  1. Choose API Transaction when creating the key.
  2. Choose Read-Write and Only IPs with permissions granted are allowed to access the OpenAPI.
  3. Under Unified Trading enable only Spot Trade. Earn Products is optional.
  4. Keep Contract, Wallet, Account Transfer, Withdrawal, P2P and other permissions disabled.

Exchange labels can change. If a setting is unclear, do not grant it until it is confirmed by the exchange documentation or support.

Bybit API key permissions example
Example interface. Open the image to enlarge it and compare it with the written checklist.