Bybit Derivatives (Preferred)
Bybit Derivatives (Preferred)

Bybit Derivatives (Preferred)

👉 A couple of notes:

1️⃣  It is much easier to do this process on a desktop browser (Chrome). In our experience, it is very hard to complete this using a mobile web browser (but not totally impossible).

Additionally, API configuration is not supported in the native applications.

2️⃣  It is important to note that some jurisdictions prevent clients from using derivatives.

Which countries are not permitted? While Bybit (and other exchanges) do not provide an exhaustive list, derivatives trading is restricted in several jurisdictions including the Netherlands, Spain, UK, Italy, US, Canada, —as well as any country where Bybit does not operate.

How to check your eligibility? Beyond searching online, you can simply visit the Bybit inverse derivatives contracts page. BTC → https://www.bybit.com/trade/inverse/BTCUSD and attempt to place a small test order (which you can then cancel).

Available Strategies:

  • ⛳ BTC inverse 1x / 1.5x (BTC collateral / BTC accumulation) - 0.2 BTC minimum [flagship derivatives product]
  • BTC linear 1x / 1.5x (BTC collateral / USDT accumulation) - 0.2 BTC minimum [Advanced]
  • 2x SL (BTC collateral / BTC accumulation) - 0.2 BTC fixed amount + an additional minimum portfolio value of $100,000 in other Sequence trading products, with a minimum trading history of 3 months [Available by invitation only]

▶️ How to set up a Bybit Derivatives Strategy API (video)

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▶️ Watch (🔕 no sound, easy to follow)

📒 How to set up a Bybit Derivatives Strategy (Step By Step)

Step 1 👉 Create a sub-account

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Important: You must provide API keys for a sub-account dedicated to trading with Sequence.

To ensure optimal strategy performance, Sequence requires dedicated sub-accounts for each trading strategy. To maintain trading integrity, it is essential that you refrain from manually modifying positions or placing trades within this designated sub-account.

📒 Read (Full step-by-step with screenshots)

Step 2 👉 Transfer funds

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Important: We do not connect sub-accounts without the required funds

Please ensure you have transferred the required minimum balance (0.2 BTC) to your Unified Trading Sub-account before proceeding.

Please note that API permissions are restricted to trading functions only—we cannot withdraw or transfer funds under any circumstances.

Attempting to connect without sufficient funds will trigger an "Insufficient Funds" error and prevent strategy activation.

📒 Read (Full step-by-step with screenshots)

Step 3 👉 Enable Cross Margin

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Important: Please make sure “Cross Margin” is enabled - prior to submitting API keys (do not change after submitting API keys).

If this configuration is not set properly, our system will be unable to activate your chosen strategy, requiring you to re-initiate the setup process.

To reduce the chances of an API key being rejected, please make sure you have carefully followed the steps up to this point.

📒  Read (Full step-by-step with screenshots)

Step 4 👉  Ensure Correct Collateral is Enabled

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Important: Please make sure you have allowed trading of correct collateral (e.g BTC for BTC accumulation).

This step will enable the trading of your base asset.

We need access to use the BTC that you have deposited in the UTA wallet of your sub-account where you intend to trade.

It is extremely important that ONLY BTC is chosen as the available collateral - you must never use alternate coins as collateral.

To reduce the chances of an API key being rejected, please make sure you have carefully followed the steps up to this point.

📒  Read (Full step-by-step with screenshots)

Step 5 👉 Create API keys

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Important: If you're setting up a new strategy, make sure you've completed all previous steps first to avoid API key rejection. If you're only refreshing API keys, you can skip directly to this step.

📒  Read (Full step-by-step with screenshots)

Step 6 👉  Whitelist Assets

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Recommended: Whitelist the traded pairs for the API.

Whitelisting pairs is an important security measure that restricts API trading to only the specific cryptocurrency pairs you intend to trade. We strongly recommend configuring this to protect your account from unauthorized trading activity.

📒 Read (Full step-by-step with screenshots)

Step 7 👉 Submit API keys to Sequence

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Congratulations: one last step - pair your keys with Sequence

Now that you've created your keys, there's just one final step: submitting them to Sequence for our trading team to configure your chosen strategy.

We've created a detailed guide for this process—please see the link below.

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⚠️ Note on Leverage Display in Bybit

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Clarification about the 2x leverage shown in the Bybit interface

Additional Information

⁉️ API validity

API keys remain valid for a 90-day period. To ensure uninterrupted service, our team will provide advance notification 7-10 days prior to key expiration. Additionally, we advise clients to maintain their own calendar reminder for renewing and updating their keys via the Sequence platform before the expiration date.

As you go through the API refresh process, it is important not to delete your active trading keys to prevent service interruption. You can safely delete the old API (or let it expire) after receiving the "API refresh" email.

⁉️ Trade only permissions

The API permissions we require provide strictly controlled access exclusively for executing trades on your exchange platform. To ensure account security, these permissions do not allow for any withdrawal or transfer capabilities of your funds.

⁉️ Security recommendation

To protect your account's security, never share your exchange account login credentials—not even with our team.

⁉️ Questions

If you have any questions or need help along the way, please contact support@tradewithsequence.com

🟢 What to expect The algorithm employs a systematic DCA approach, placing strategic orders based on bidirectional price action. The algorithm intentionally places smaller trades when price ranges are tight. Therefore during sideways or upward-only price movements, the strategy maintains conservative trade sizes. Conversely, larger trades require more significant price movements in both directions for effective execution and closing.

🟢 Adding funds The system takes into account the total balance of the account after the close of each trade / before the start of a new trade. This means that additional deposits can be made at any time and the system will recognize the deposit at the start of the new trade. For the funds to be recognized, please ensure funds are deposited into the Unified Trading Wallet (on Bybit) or account where you are trading (on other exchanges) AND deposited in the strategy’s base currency.

🟢 Withdrawing funds

For security purposes, please notify us before making any withdrawals that exceed 5% of your total wallet balance. This security measure allows our team to safely pause the automated trading functions before processing your withdrawal. You can submit withdrawal notifications through your user dashboard or by emailing us here: support@tradewithsequence.com

🟢 How to monitor your strategy You can monitor your strategy’s performance directly through your exchange interface by looking at the trade history. We recommend doing this in your desktop browser. For accurate performance tracking, please keep in mind, that exchanges display profit and loss (PnL) metrics in USD terms. This is relevant for any strategy that is accumulating Bitcoin - as the unit of account will be incorrect. You must look or export the close trades and then compare the results in your unit of account.

Critical Guidelines for Active Strategies

⛔ Manual trades

Do not perform any manual trades in the sub-account running the algorithm

⛔ Withdrawals

Do not withdraw more than 5% of your total wallet balance without notifying us first

⛔ Non base asset withdrawals

Do not withdraw from any asset other than the coin that you are accumulating

⛔ Non base asset additions

Do not add any currency or coins, other than the base asset you are accumulating

Ongoing Updates

This section is regularly updated to include questions and reflect changes in trading strategies and platform features.

More questions? 💌 support@tradewithsequence.com

Other links

📕Glossary Sequence WikiSequence WikiSequence: Available StrategiesSequence: Available Strategies👉Exchange Guides: Getting Started

©️ Sequence

All rights reserved. Vedra Investments. DBA Sequence. Calle El Mirador y 85 Ave. Norte y 11Calle (Oficina 643), Colonia Escaldon, San Salvador, El Salvador. 🇸🇻

Sequence is a crypto algo trading software business. All interested parties are to check in advance whether they are legally entitled to purchase the products or activate and/or access services presented on the website/presentation. No recommendations are made to activate this service or invest in any other investment. Access to products and services on this website may be restricted for certain persons or countries. It is your responsibility to make sure that you are abiding to the laws and regulations of your domicile. Sequence offers a signals trading service that is self-custodial. You have full access, rights and understanding close any position at your own discretion, risk and responsibility.We make best efforts to ensure the accuracy and correctness of the information here, we do not accept any liability or responsibility for any errors or omissions. Trading carries risks. Exchanges carry risks. Coins carry risk. DYOR (Do Your Own Research).