Configuring API on Bybit

this guide is crucial for first time users who have created a new subaccount on bybit follow the steps below to ensure your settings are correctly configured for optimal performance with automated trading tools by ovnbot step 1 open usdt perpetual navigate to the usdt perpetual trading page on bybit step 2 verify cross margin and leverage ensure the platform is operating in cross margin mode check that the leverage is set according to your preference (the default setting is 20x) step 3 adjust position mode to hedge after accessing the settings, click on ‘ position mode ’ a dropdown menu will appear, from which you need to select ‘hedge mode’ this configuration is essential for traders who wish to hold both short and long positions simultaneously step 4 apply hedge mode to all usdt pairs once ‘hedge mode’ is selected, make sure to apply this setting to all usdt trading pairs to ensure consistency across all your trades note this configuration process is a one time requirement when setting up a new subaccount on bybit always ensure that every step is followed accurately to facilitate the smooth operation of automated trading activities