⛔ BYBIT Exchange Affiliate Program SCAM ALERT ⛔
I have received a letter from Bybit Exchange:
- "After a thorough internal investigation conducted by our risk team, your account was being flagged out from receiving Referral commissions due to a violation of our Terms of Service and Bonus... Let it be clear that this decision is final and we will not accommodate any further appeals regarding the matter."
I must admit that this is totally scam behaviour from the exchange. I have a lot of referees and as I know a lot of them have passed KYC. Sometimes I help traders with trades on their accounts but I neved registered another account for myself to receive comission. But Bybit say that "According to our statistics, we found out that most users who have successfully registered using your referral link created their accounts using the same IP address." This is total lie. I can't register account for users.
Also I sent email to them regargind my ref id P11NJW. But there is no answer as well.
So then let it be CLEAR, that since
- Bybit violate their own rules
- Bybit scam users
- I'll not receive a Referral commission anymore
- They don't reply and there is no support
this project is closed and there will be no more updates. I'll move all my code to Binance, OKX etc soon.
By their actions they undermine my authority and I can no longer recommend trading on this platform.
⛔ BYBIT Exchange Affiliate Program SCAM ALERT ⛔
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Trading bot for Bybit exchange to trade BTCUSD perpetual contract. It use Redis database to cache the trades data.
That bot will only open shorts, because there are no liquidation price for 1x short on inverse contract and because in most cases funding rates for shorts are positive. If you want to make the bot trade longs you can just copy-paste the logic.
Bot logic: bot collects trades from Bybit websocket and calculates high, low and average values for the last 6 minutes. It opens the trade always at higher price and adds more if average price higher the entry.
Install libraries:
Run python3 -m venv .bot && source .bot/bin/activate
to create virtual env and activate it.
pip install pybit==2.4.1
pip install redis
- Rename config-sample.py to config.py, open it and add your API key credentials. Save it.
- Run
docker-compose up -d
to download and run Redis server for you. Don't forget to limit access to port 8001 on your server. If you don't have docker-compose just rundocker run -d --name redis-stack -p 6379:6379 -p 8001:8001 redis/redis-stack:latest
to run Redis. - Run
python3 ws_trades_inverse_redis.py
to run the script that will collect the data using Bybit websockets and save it to the Redis database. - Run
python3 inverse_bot_v5.0.py
This project is for informational and educational purposes only. You should not use this information or any other material as legal, tax, investment, financial or other advice. Nothing contained here is a recommendation, endorsement or offer by me to buy or sell any securities or other financial instruments. If you intend to use real money, use it at your own risk. Under no circumstances will I be responsible or liable for any claims, damages, losses, expenses, costs or liabilities of any kind, including but not limited to direct or indirect damages for loss of profits.
I develop trading bots of any complexity, dashboards and indicators for crypto exchanges, forex and stocks. To contact me:
Discord: https://discord.gg/zSw58e9Uvf
Telegram: https://t.me/aadresearch
I prefer using DigitalOcean.
To get $200 in credit over 60 days use my ref link: https://m.do.co/c/3d7f6e57bc04