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How to Create a Bybit API Key

Updated July 12, 2026

Create a System-generated key with trading permission, withdrawals off, and locked to Fomoed’s IPs.

Fomoed connects to Bybit with a trade-only API key. The key can place trades but — with withdrawals disabled and IP-locking on — can never move money out of your Bybit account. Credentials are encrypted with AES-256.

Open the Bybit API page ↗

  1. Open API Management. Log in to Bybit and go to Account → API → API Management (or open the link above).
  2. Create the API key. Click Create New Key, choose System-generated API Keys, and give it a name like “Fomoed bot”.
  3. Set permissions. Set the key to Read-Write, and under Unified Trading enable Trade (Spot and/or Derivatives, depending on what you’ll run). Leave Withdraw off.
    Do NOT enable Withdraw — the bot only needs trading permission.
  4. Restrict the key to Fomoed’s IP addresses. Turn on IP access restriction and add Fomoed’s server IPs (below). This means the key only works from our servers — even if it leaked, nobody else could use it. Add all of them.
    Fomoed IP addresses
    51.161.117.82, 51.79.107.144, 51.79.107.145, 51.79.107.166, 51.79.107.175, 51.79.107.193, 51.79.107.198
    If you skip this, the key still works, but IP-locking is the single biggest safety upgrade — do it.
  5. Copy your key and secret. Copy the API Key and Secret now — the Secret is shown only once.
    Never share your Secret. Fomoed encrypts it with AES-256.
  6. Save and paste into Fomoed. Click Save/Confirm. Back in Fomoed, select Bybit and paste your API Key, Secret Key. Fomoed validates the key immediately and confirms the trading permission (and IP lock) are correct.
Your funds stay safe. The key can place trades but — with withdrawals off and IP-locking on — can never move money out of your Bybit account. Fomoed encrypts your credentials with AES-256 and never has withdrawal access.

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