API stands for Application Programming Interface. Generally, a trading API is an interface that allows two unrelated systems to interact with each other, to allow a third party API platform to connect with Bybit's to execute trading orders.
On the other hand, the importance of having API documentation specifies the way that each of the two systems interacts with the API itself, to function.
Understanding and using a trading API can allow traders to execute trades on their behalf, at the pre-set price and conditions. On Bybit, our API enables users to interact with our exchange programmatically, allowing you to check onto market data, process automated trading orders, manage accounts, and more.
What can Bybit API do for you?
1）Place and cancel active orders
2）Check market data
3) Manage account; etc
Bybit API documentation provides detailed information with our REST API and WebSocket API. Traders can find details on how to access all of our endpoints, their respective expected outputs, and possible errors.
Traders may find our API documentation via this link.