Is Bybot Safe?
Yes. Bybot works only through official exchange APIs and has no withdrawal access.
How we protect your funds
- Trade-only API keys - the bot does not request withdrawal permissions.
- Bybot does not custody funds - assets remain on your exchange account.
- The bot cannot withdraw crypto to external wallets.
- Trading pair selection β the bot trades the pair you select; this is not a token quality check.
- API keys are encrypted on the service side.
Spot trading and its risks
Trading only with your own funds
Spot market only, no derivatives
There is no margin liquidation; the asset value can still fall
Loss is limited to the purchased asset value; in SHORT, buying it back can cost more
Supported exchanges
Bybot works with Bybit and MEXC, large crypto exchanges with mature security systems and high spot market liquidity.
Transparency
- Every trade is visible in the dashboard and Telegram notifications.
- Full trading history is available at any time.
- Fees are transparent: 20% of profit, with no hidden charges.
- You control the bot and can stop it, update settings, or disconnect it.
FAQ
Can the bot withdraw my funds?
No. API keys are created without withdrawal permissions. The bot can only place spot trading orders.
What happens if an exchange is unavailable?
The bot pauses trading and resumes automatically when the exchange becomes available again. Your funds remain on the exchange.
Is my deposit locked?
No. Funds stay on your exchange account. You can stop the bot and manage your balance at any time.
Who is responsible for losses?
Crypto trading always carries market risk. Bybot reduces technical risks, but market movement remains the trader responsibility. Spot trading without leverage excludes liquidation.
Ready to start safer automated trading?
Sign up, connect exchange API keys, and launch a bot in a few minutes.
Start trading