How to Correctly Set Up Bybit API and Why Am I Getting an Error When Connecting the API?

There can be several reasons why you’re encountering errors when connecting your API. Here are a few steps to ensure everything is set up correctly:

  1. Connect to the Demo Bybit API: Ensure you’re connecting to the demo API and not the live one, especially if you’re working with a demo challenge.

  2. Create a Read/Write, Unified, Assets API: Make sure the API you generate is set to “read/write,” “unified,” and “assets” for full access.

  3. Copy API Keys Correctly: When copying the API keys, always click the “Copy” button to avoid any typos or errors. Avoid typing them manually.

  4. Do Not Modify or Delete the API: After setting up the API, do not change or delete it. Altering the keys can cause connection issues.

  5. Check for Open Trades or Limit Orders: If you have any open trades or limit orders, they may be interfering with the connection. Make sure there are no active trades or orders before connecting the API.

  6. Avoid API Conflicts: If the API you’re trying to connect was previously linked to another challenge, conflicts could arise. Ensure you’re connecting the correct API for your current demo challenge.

By following these steps, you should avoid errors and successfully connect your API for your challenge.

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