Cryptocurrency trading has evolved rapidly, and automation is now at the forefront of successful trading strategies. The Bybit Trading Bot is a powerful, free, and open-source crypto trading bot built in Python that empowers traders to automate their strategies across multiple exchanges. With support for Telegram alerts, web-based UI control, backtesting, machine learning-driven optimization, and advanced risk management tools, this bot offers a comprehensive solution for both novice and experienced traders.
Whether you're interested in spot trading or experimenting with futures markets, this tool provides the flexibility and transparency needed to operate with confidence — all while maintaining full control over your code and capital.
👉 Discover how automated trading can enhance your strategy today.
Key Features of the Open-Source Trading Bot
This bot is more than just an automated trading script — it's a full-featured framework designed for real-world use.
Built on Python 3.9+
The entire system runs on modern Python (3.9+), ensuring compatibility across Windows, macOS, and Linux environments. This cross-platform support makes deployment seamless regardless of your preferred operating system.
Dry-Run Mode for Risk-Free Testing
Before risking real funds, users can simulate trades in dry-run mode, which mimics live trading using real market data without executing actual orders. This allows traders to validate strategies and fine-tune parameters safely.
Advanced Backtesting Engine
Backtesting lets you evaluate your strategy against historical data. You can test various entry and exit conditions, timeframes, and indicators to determine profitability before going live.
Machine Learning Strategy Optimization
Using Hyperopt and FreqAI, the bot supports machine learning-based optimization of trading parameters. FreqAI enables adaptive prediction modeling, allowing the bot to self-adjust based on evolving market conditions through continuous learning.
Smart Position Sizing with Edge
The Edge module calculates optimal position sizes by analyzing win rates, risk-reward ratios, and stop-loss effectiveness across different markets. This dynamic sizing helps maximize returns while minimizing drawdowns.
Multi-Exchange Support
The bot integrates with numerous major exchanges via the CCXT library, including Binance, OKX, Kraken, Gate.io, and more. Futures trading is also supported experimentally on select platforms like Bybit and Binance.
Telegram & WebUI Control
You can manage your bot remotely using either:
- A built-in web interface (WebUI)
- Or Telegram commands, enabling real-time monitoring and control from your mobile device
Portfolio Management Tools
Track performance in fiat currency (e.g., USD), generate profit/loss reports, monitor open trades, and analyze daily gains — all within the dashboard or via Telegram.
Supported Exchanges
The bot supports a wide range of centralized exchanges. Always refer to exchange-specific documentation for configuration details such as API rate limits or authentication methods.
Spot Trading Exchanges
- Binance
- Bitmart
- BingX
- Gate.io
- HTX (formerly Huobi)
- Kraken
- OKX (formerly OKEX)
- And many others via CCXT integration
Futures Trading (Experimental)
Futures functionality is available but considered experimental. Supported platforms include:
- Binance Futures
- Gate.io Futures
- OKX Futures
- Bybit Derivatives
⚠️ Important: Leverage trading increases risk significantly. Always read the leverage documentation before enabling futures trading.
Community-confirmed working exchanges:
- Bitvavo
- Kucoin
👉 Learn how to connect your exchange API securely and start automated trading.
Getting Started: Installation & Setup
To use the bot effectively, ensure your environment meets the minimum requirements:
System Requirements
- RAM: 2 GB minimum (recommended)
- Disk Space: 1 GB+
- CPU: 2 vCPUs
- Clock Sync: Must be synchronized with NTP servers to avoid API errors due to timestamp mismatches
Software Dependencies
- Python 3.9 or higher
- pip (Python package manager)
- Git (for cloning the repository)
- TA-Lib (technical analysis library)
- virtualenv (recommended for isolated environments)
- Docker (optional, for containerized deployment)
While direct download links were previously shared, we recommend installing via source to ensure security and up-to-date code:
git clone https://github.com/XmindApp/Bybit-Trading-Bot.git
cd Bybit-Trading-Bot
python -m venv .env
source .env/bin/activate # On Windows: .env\Scripts\activate
pip install -r requirements.txtAfter installation, configure your API keys securely and run in dry-run mode first.
Managing Your Bot with Telegram Commands
Telegram integration allows hands-free control. Once configured, send these commands directly to your bot:
| Command | Function |
|---|---|
/start | Start trading |
/stop | Stop trading |
/status | View active trades |
/profit | Show total profit from completed trades |
/forceexit <trade_id> | Close a trade immediately |
/performance | See per-pair performance stats |
/balance | Check account balances |
/daily 7 | View daily P&L over last 7 days |
/help | Get command reference |
This remote access makes it easy to respond quickly to market changes — even when you're away from your computer.
Frequently Asked Questions (FAQ)
Is this bot truly free and open source?
Yes. The Bybit Trading Bot is released under an open-source license and available at no cost. There are no hidden fees or premium tiers.
Do I need programming skills to use it?
While not mandatory, having basic Python and command-line knowledge is strongly recommended. Understanding the code ensures safer operation and customization.
Can I use it for futures trading?
Yes, but futures support is experimental. Use caution, enable proper risk controls, and thoroughly test strategies before deploying with leverage.
How does machine learning improve my strategy?
FreqAI uses adaptive models that learn from market patterns over time. It adjusts predictions dynamically, helping identify high-probability setups based on volatility, volume, and price action.
What exchanges work best with this bot?
Binance, OKX, and Kraken have strong community support and reliable API performance. Always test connectivity before live deployment.
How do I keep my funds safe?
Never share your API keys. Use restricted API permissions (no withdrawal access), enable IP whitelisting if available, and run the bot on secure infrastructure.
Development & Community Support
The project maintains two primary branches:
develop: Latest features (may include breaking changes)stable: Well-tested releases suitable for production
Feature branches (feat/*) are used for active development — avoid using them unless testing specific updates.
Need Help? Join the Community
For troubleshooting or discussions:
- Visit the official Freqtrade Discord server
- Report bugs or request features via GitHub Issues
- Contribute improvements via Pull Requests (target the
developbranch)
Even non-coders can help by improving documentation or testing new features.
👉 Start building smarter trading strategies with automated tools now.
Final Thoughts: Automate with Confidence
The Bybit Trading Bot offers a robust foundation for anyone looking to automate cryptocurrency trading. Its open-source nature ensures transparency, while its rich feature set supports everything from simple grid bots to AI-enhanced predictive models.
With proper risk management, thorough backtesting, and cautious deployment, this tool can significantly enhance your trading efficiency and consistency.
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