Python Programming Tutorials, Guides & Best Practices

Building on the basics of Pybit, this advanced tutorial will guide you through more sophisticated features of the Bybit API, such as managing leverage, setting stop-loss orders, handling webhooks, closing orders, checking account balances, and retrieving open positions. By mastering these features, you can enhance your automated trading strategies and better manage your portfolio on Bybit.

• Basic knowledge of Pybit and Bybit API.
• Familiarity with Python programming.
• Completion of the basic Pybit tutorial or equivalent experience.

• Basic knowledge of Python.
• A Bybit account.
• Installed Python packages: pybit, requests.

First, you'll need to install the Pybit package. You can do this using pip:

import ccxt

# Define exchange details
exchange_id = 'bybit'
exchange_class = getattr(ccxt, exchange_id)

# Initialize exchange with API credentials
exchange = exchange_class(
    apiKey='APIKEY',
    secret='APISECRET',
    enableRateLimit=True
)

# Configure sandbox mode and set options
exchange.set_sandbox_mode(True)
exchange.options['defaultType'] = 'future'

# Fetch and print balance with error handling
try:
    # Load market data and fetch balance
    markets = exchange.load_markets()
    balance = exchange.fetch_balance()
    print(balance)
except ccxt.NetworkError as e:
    print(f"Network Error: {e}")
except ccxt.ExchangeError as e:
    print(f"Exchange Error: {e}")
except Exception as e:
    print(f"Unexpected Error: {e}")