--- title: How to Connect Bybit Demo Account to PickMyTrade slug: how-to-connect-bybit-demo-trading-account-to-pickmytrade-step-by-step-guide date: 2026-06-12 modified: 2026-09-09 author: Bhavishya Goyal excerpt: Learn how to connect your Bybit Demo Trading account to PickMyTrade and automate TradingView strategy and indicator alerts in paper trading mode — no real money at risk. meta_description: "Step-by-step guide to connecting your Bybit demo account to PickMyTrade, so TradingView alerts execute automatically without manual order entry." focus_keyword: "" canonical_url: "https://blog.pickmytrade.io/how-to-connect-bybit-demo-trading-account-to-pickmytrade-step-by-step-guide/" og_title: How to Connect Bybit Demo Account to PickMyTrade og_description: "Step-by-step guide to connecting your Bybit demo account to PickMyTrade, so TradingView alerts execute automatically without manual order entry." og_image: "https://blog.pickmytrade.io/wp-content/uploads/2026/06/how-to-connect-bybit-demo-trading-account-to-pickmytrade-step-by-step-guide-1024x576.avif" schema_type: FAQPage categories: - Automated Trading - Crypto - TradingView tags: - Automated Trading - Bybit - Crypto Futures - Demo Trading - pickmytrade - TradingView reading_time: 3 word_count: 764 robots: "index, follow" lang: en-US --- # How to Connect Bybit Demo Trading Account to PickMyTrade (Step-by-Step Guide) ![Bybit and PickMyTrade Demo Trading Connection Guide hero graphic with network diagram and trading monitors](https://blog.pickmytrade.io/wp-content/uploads/2026/06/image.avif) Want to practice [automated trading](https://pickmytrade.io "PickMyTrade - Automated Trading") on Bybit without risking real money? This guide walks you through setting up a **Bybit Demo Trading account**, connecting it to PickMyTrade, and automating [TradingView alerts](https://pickmytrade.io "PickMyTrade - Automate TradingView") — all in paper trading mode. Bybit’s demo account mirrors the live trading environment, so you can test your TradingView strategies with real market data before going live. ## What You’ll Need - A Bybit account (free to create) - A PickMyTrade account - TradingView (free or paid plan) --- ## Step 1: Switch to Bybit Demo Trading Mode Bybit Demo Connection Workflow 1. Bybit Demo Create API Key 2. PickMyTrade Add Connection 3. Generate Alert Get Webhook URL 4. TradingView Paste JSON & URL Log in to your Bybit account at **bybit.com**. Once logged in: 1. Click your **profile icon** at the top-right 2. Scroll down in the dropdown menu 3. Select **Demo Trading** ![Bybit profile menu showing Demo Trading option](https://blog.pickmytrade.io/wp-content/uploads/2026/06/image3.avif)Select Demo Trading from your Bybit profile menu *Select Demo Trading from your Bybit profile menu* You will notice the **orange “Demo Trading” banner** at the top of the page — this confirms you are in paper trading mode. --- ## Step 2: Create an API Key in Demo Trading Mode To connect Bybit Demo to PickMyTrade, you need a dedicated API key created inside the demo environment. 1. While in Demo Trading mode, click your **profile icon** again 2. Select **API** or **API Management** 3. Click **Create New Key** 4. Choose **System-generated API Key** ![Bybit API key type selection - System Generated API Keys](https://blog.pickmytrade.io/wp-content/uploads/2026/06/image2.avif)Choose System-generated API Key *Choose System-generated API Key* Complete the **security verification** (email code + Google Authenticator / 2FA) when prompted. --- Required API Permissions (Checklist) Unified Trading / API Transaction Read-Only (for security) IP Restriction (Trusted IPs Only) SAFETY FIRST Disable Withdrawals On All API Keys ## Step 3: Configure the API Key Settings ### API Key Usage - Select **API Transaction** ### API Name - Enter: `PickMyTrade` ### API Permissions - Select **Read-Only** - Enable **Only IPs with permissions granted are allowed to access the OpenAPI** ### Restrict to Trusted IPs (Required) Paste the following IPs exactly into the IP restriction field: ``` 84.37.44.104,84.37.44.19,84.37.45.117 ``` | Entry Point | Port | Country | IP Address | | --- | --- | --- | --- | | ddc.oxylabs.io | 8001 | Singapore | 84.37.44.104 | | ddc.oxylabs.io | 8002 | Singapore | 84.37.44.19 | | ddc.oxylabs.io | 8003 | Singapore | 84.37.45.117 | ### Enable Trading Permissions - Under **Trade**, select **Unified Trading** - Click **Submit** --- ## Step 4: Save Your API Keys Once the API is created, copy and save both your **API Key** and **Secret Key**. The Secret Key is only shown once — store it safely before closing the window. Your API Management page will confirm the connection is active: ![Bybit API Management showing PICKMYTRADE connection created](https://blog.pickmytrade.io/wp-content/uploads/2026/06/image1_blurred.avif)Bybit API Management showing the PickMyTrade connection active (API key details blurred) *Bybit API Management showing the PickMyTrade connection active (API key details blurred)* --- ## Step 5: Connect Bybit Demo to PickMyTrade 1. Go to **pickmytrade.io** and log in 2. Click **Connections** (top-right) 3. Click **Add Connection** 4. Select **Bybit** as your broker 5. Paste your **API Key** and **Secret Key** 6. Click **Create** When the connection button turns **Green**, your Bybit Demo account is successfully connected to PickMyTrade. --- ## Step 6: Set Up TradingView Automation With Bybit Demo connected, you can now automate TradingView alerts. PickMyTrade supports both **indicator alerts** and **strategy alerts**. ![Bybit Demo Trading BTC/USDT chart with active trades](https://blog.pickmytrade.io/wp-content/uploads/2026/06/image4.avif)Bybit Demo Trading — BTC/USDT chart running automated trades *Bybit Demo Trading — BTC/USDT chart running automated trades* ### For Indicator Alerts 1. In PickMyTrade, go to **Generate Alert** 2. Select **BYBIT** as broker and **INDICATOR** as alert type 3. Configure symbol (e.g. BTC/USDT), order type, quantity, and SL/TP 4. Click **Confirm & Generate Alert** — copy the JSON code and Webhook URL 5. In TradingView: hover over indicator → three dots → **Add alert on Indicator** 6. Paste the JSON in the message box and the Webhook URL in notifications 7. Click **Create** ### For Strategy Alerts 1. In PickMyTrade, select **STRATEGY** as alert type 2. Choose your exit method: No SL/TP, Attach SL/TP, or Multiple Exits 3. Click **Confirm & Generate Alert** — copy the JSON code and Webhook URL 4. In TradingView: hover over strategy → three dots → **Add alert on Strategy** 5. Paste the JSON and Webhook URL, then click **Create** For complete configuration details, refer to the PickMyTrade documentation: - [Automating TradingView Indicator Alerts in Bybit](https://docs.pickmytrade.io/docs/automating-tradingview-indicator-alerts-in-bybit-using-pickmytrade/) - [Automating TradingView Strategy Alerts in Bybit](https://docs.pickmytrade.io/docs/automating-tradingview-strategy-alerts-in-bybit-using-pickmytrade/) - [Setting Up TradingView Alerts for Automated Trading](https://docs.pickmytrade.io/docs/setting-up-tradingview-alerts-for-automated-trading/) Signal-to-Execution Flow TradingView Webhook Bybit Order JSON Packet API Call --- ## Step 7: Verify Your Automation - **TradingView Alerts panel**: alert shows Active - **PickMyTrade Alerts page**: shows order type, trigger time, symbol, direction, and status - **Bybit Demo**: check open positions and order history --- ## Important Notes - Keep **withdrawals disabled** on the API key at all times - Do not remove IP restrictions - If you regenerate the API on Bybit, update it in PickMyTrade immediately - The demo API key only works in demo mode — create a separate live API key when ready to trade live --- ## Ready to Go Live? Once you’ve tested your strategy on the Bybit demo account and are confident in your setup, follow the [Connect Bybit with PickMyTrade – Easy Setup Guide](https://docs.pickmytrade.io/docs/connect-bybit-with-pickmytrade/) to connect your live account and start automating real trades. **Automate Your TradingView Strategies** Connect your alerts with [PickMyTrade](https://pickmytrade.io "PickMyTrade") — automated trade execution, no coding required. [Start free →](https://pickmytrade.io/pricing) For AI tools & developers:[View Markdown →](https://blog.pickmytrade.io/how-to-connect-bybit-demo-trading-account-to-pickmytrade-step-by-step-guide.md)