!!! As Bybit doesn’t allow editing the created API key please read attentively this article. If you set up the API incorrectly, you will have to create a new one.
First of all, log into your Bybit account.
To create an API with the required permissions you need to click on the person icon and select API.
There will be opened page with the button "Create New Key“.
Let’s review each API key section and what permissions to enable:
API key Usage — Connect to Third-Party Applications
In Application Name, you are looking for Coinmatics copy trading
API key permissions:
Contract (put the checkmark for Positions and Orders)
SPOT (enable Trade) — it’s not necessary but you might need it once we launch Spot trading on Bybit
Wallet (select the option Account Transfer)
Please review the settings once again and click “Confirm”.
To create an API key, you need to enable Google Authenticator.
Please note that you have to create a new API key if you change the login password according to Bybit rules. The old one will expire in seven days.
The funds should be on the Derivative account.