How Bybot Works

What Bybot is

Bybot is a SaaS platform for automated spot crypto trading on MEXC and Bybit. It uses a DCA averaging strategy to trade market volatility without requiring you to watch the chart all day.

You connect your exchange account with API keys, configure trading parameters, and start the bot. It places buy and sell orders automatically, averages the position when price drops, and closes the cycle at target profit.

Funds always remain on your exchange account. Bybot only manages orders, and every trade is visible in your dashboard.

DCA averaging strategy

DCA means buying an asset in parts as price moves down. This lowers the average entry price and allows the bot to close with profit after a smaller rebound.

Example cycle:

Step	Action	Price	Volume	Average price
1	Buy	$100	$50	$100.00
2	Average down	$97	$50	$98.50
3	Sell	$99.50	$100	+$1.00 profit

The price did not return to $100, but because the average entry moved lower, the bot already closed the cycle with profit at $99.50.

Bot parameters

When creating a bot, you configure the core trading parameters:

Order size - the first buy and each averaging order amount.
Take Profit - the percentage above average entry where the bot sells.
Averaging step - the price drop that triggers the next buy.
Volume multiplier - how each next averaging order size grows.
Step multiplier - how spacing between averaging orders grows.
Maximum orders - the number of averaging orders allowed in a cycle.

Safety

Safety is built into the setup:

Trade-only permissions. API withdrawals are disabled.
Funds stay on your exchange. Bybot cannot withdraw your balance.
Encrypted keys. API keys are stored encrypted.
Transparent history. Every order and fee is visible in real time.

Supported exchanges

MEXC - broad spot pair coverage and low trading fees.
Bybit - strong liquidity and reliable spot trading infrastructure.

Start trading

Sign up for Bybot.
Connect an exchange with MEXC or Bybit trade-only API keys.
Fund your exchange account with USDT for spot trading.
Create a bot and configure DCA parameters.
Start it and track results in the dashboard.

Start trading

FAQ

What is a DCA strategy?

DCA means Dollar Cost Averaging. The bot buys an asset in parts when the price drops, lowers the average entry price, and sells the position when the target profit is reached.

Do I need trading experience?

Basic market understanding helps, but the bot handles routine work: order calculation, averaging, and profit taking. You only configure the trading parameters.

Is it safe to connect API keys?

Yes. The bot uses trade-only API keys. Withdrawals through API are disabled, so funds stay on your exchange account.