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How to Start a New Bybit Bot

Welcome to the Bybit Trading Bot Setup Guide! This step-by-step walkthrough will help you set up your bot securely and efficiently on Bybit. You’ll need a Sui wallet with at least $100 worth of Pumpkin tokens ready.

Step 1: Sign Up for Bybit

  1. Open your browser and go to https://partner.bybit.com/b/quantumvoid
  2. Sign up using the referral link quantumvoid for exclusive benefits
  3. Complete email verification
  4. Set a strong password and agree to terms of service
Using our referral link supports the project and may unlock trading fee discounts!

While not always mandatory, KYC increases withdrawal limits and account security.
  1. Go to Account & Security > Identity Verification
  2. Select your country and verification level (Basic or Advanced)
  3. Upload required documents (government ID, proof of address if needed)
  4. Wait for approval (usually 5-30 minutes)
Higher verification levels unlock larger withdrawal limits and better features.

Step 3: Set Up Two-Factor Authentication (2FA)

Protect your account with 2FA—this is strongly recommended for security.
  1. Go to Account & Security > Two-Factor Authentication
  2. Download Google Authenticator or Authy on your phone
  3. Scan the QR code and enter the 6-digit code
  4. Save your backup key securely—you’ll need it if you lose access to your phone
Never share your 2FA backup code with anyone!

Step 4: Create Your Bybit API Key

  1. In the Bybit dashboard, click your profile icon (top right) and select API
  2. Click Create New Key under API Management
  3. Choose System-generated API Keys (recommended for trading bots)
  4. Set the following permissions:
    • Read-Write (for order placement)
    • Contract Trading (for USDT perpetual futures)
    • Withdrawal (disable this for security—bots don’t need it)
  5. (Optional) Set IP Restriction to your server’s IP for extra security
  6. Click Submit and complete 2FA verification
Copy your API Key and Secret immediately—Bybit only shows the Secret once!
Store your API credentials in a password manager—you’ll need them for the bot dashboard.

Step 5: Prepare Your Sui Wallet and Navigate to the Bot Dashboard

  1. Ensure your Sui wallet has at least $100 worth of Pumpkin tokens
  2. Open a new browser window and go to trade.quantumvoid.org
  3. Click Bybit Perps or Multi Exchange Perps button
  4. Click Connect Sui Wallet, then authorize the connection

Step 6: Add Bybit Credentials to the Bot

  1. In the dashboard, click Add Bybit Credentials
  2. Paste your API Key from Step 4
  3. Paste your API Secret from Step 4
  4. Click Save Credentials
Double-check your pastes—any typos will prevent the bot from connecting!

Step 7: Configure Your Bot Settings

  1. Click Bot Management in the sidebar
  2. Scroll down to Bot Configurations
  3. Click the <> (JSON editor) icon to open the config editor
  4. Customize your settings:
    • Symbols: Choose trading pairs (e.g., BTCUSDT, ETHUSDT)
    • Wallet Exposure: Set your risk per symbol (e.g., 0.1 = 10% of balance)
    • Strategy: Select geometric_long_only or vortex_dca
  5. Save your configuration

Step 8: Deposit Funds into Bybit

  1. In Bybit, click Assets > Deposit
  2. Select USDT (or another stablecoin like USDC)
  3. Choose your preferred network:
    • Sui Network (fast, low fees—recommended)
    • Ethereum (ERC20), Polygon, Arbitrum, etc.
  4. Copy the deposit address and send funds from your wallet
Always send a small test deposit first (e.g., $10) to verify the address!

Step 9: Transfer Funds to USDT Perpetual Account

The bot trades on USDT Perpetual Futures, so you need to move funds to that account.
  1. Go to Assets > Transfer
  2. From: Funding Account → To: USDT Perpetual
  3. Asset: USDT
  4. Amount: Enter the amount you want to trade with
  5. Click Confirm Transfer

Step 10: Set Leverage and Margin Mode

  1. Go to Derivatives > USDT Perpetual
  2. For each symbol you’re trading:
    • Click the leverage icon (e.g., 10x)
    • Set your desired leverage (start with 5x-10x for safety)
    • Change margin mode to Cross (recommended for shared margin)
Cross margin shares your balance across all positions, reducing liquidation risk.

Step 11: Launch and Monitor Your Bot

  1. Return to the bot dashboard at trade.quantumvoid.org
  2. Click Start on your bot configuration
  3. Watch orders appear in your Bybit account within seconds
  4. Monitor in real-time:
    • Dashboard: View P&L, positions, and performance metrics
    • Trading Console > Bot Logs: See detailed event logs
  5. If you see any RED errors, report them in the Telegram group

🎉 Congratulations—Your Bybit Bot is Live!

Your bot is now trading on Bybit! Monitor it closely at first, start with small amounts, and scale up as you gain confidence.

Key Reminders:

  • Cross margin mode is recommended for safer position management
  • Start small and increase exposure gradually
  • Monitor logs regularly for any errors or warnings
  • Join Telegram for community support and updates
Trading involves risk. Never invest more than you can afford to lose.

Troubleshooting

Bot won’t connect:

  • Verify API Key and Secret are correct
  • Check API permissions include Contract Trading
  • Ensure IP restrictions (if set) include your server’s IP

Orders not placing:

  • Confirm funds are in USDT Perpetual account (not Funding)
  • Check leverage and margin mode are set for each symbol
  • Verify minimum order sizes meet Bybit’s requirements

Need help?

Join our Telegram support group for fast assistance! Happy trading with Pumpkin! 🎃