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🤖 Tutorial: How to Use Bitunix CopyTrading API

  • Updated

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Introduction:

Welcome to the world of Bitunix CopyTrading API. With the help of Bitunix CopyTrading API, you can achieve automated copy trading functions, making the trading process more efficient and convenient. Whether you are a professional trader or a novice who has just entered the trading field, you can quickly translate your trading strategies into practical actions through this API. Our API provides rich interfaces that allow you to easily obtain trading data, execute trading instructions, and more. Next, I will introduce in detail how to use this API and start your journey of intelligent trading.

Before we start explaining how to use the CopyTrading API, let's briefly introduce the basic principles of the futures trading API

 

1:What is the futures trading API?

Bitunix provides complete API documentation ( click to view ), developers can develop programs or trading robots based on these interfaces to achieve automated futures or spot trading.
Simply insert your personal APIKey and APISecretKey into the program to activate the entire automated trading logic, just like the key to start the armor. This part of the key is usually generated in the "API Management" page of the user background (as shown in the figure below):

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You can view it in the APIKey for normal trading of the main account, and it can also be used for CopyTrading. You can view it directly on this page.
 

2: how to use CopyTrading API? ( CopyTrading API is actually completely common with regular futures API )!

Principle :

  • Use the same set of API documentation
  • Share the same interface structure and transaction logic
  • Support all futures trading functions, such as opening positions, position squaring, inquiry, cancellation, etc

However : The way APIKey is created in CopyTrading mode is different:

 

3:How to create APIKey in CopyTrading mode:

👉 when you enter the Lead Trade page as a Leader Trader (trader) , you will find that the page looks almost exactly the same as a normal Futures page.

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Creation Method 1: When creating a new LeaderTrader account, apply for the CopyTrading APIKey

👉 in the page of creating LeaderTrader Account, the last column is "Use CopyTrading API"

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  1. Click the "Generate Copy Trading API" button on the Leader Trader Creation page
  2. The system will automatically generate CopyTrading exclusive APIKey and APISecretKey
 

Create Method 2: Generate CopyTrading APIKey for existing LeaderTrader accounts

👉 We can apply for CopyTradingAPI for existing LeaderTrader accounts on the API management page, and directly generate CopyTradingAPI:

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  1. These copy Keys can also be viewed on the API Key Management page.

  2. You can then use this set of keys directly in the trading program or robot to automate trading in the same way as the regular futures API

  3. Tip : This key is only used for CopyTrading accounts and is separate from the APIKey for regular accounts.

4:What can I do at CopyTrading?

All the functions supported by futures trading are also supported by CopyTrading accounts! The CopyTrading program does not need to develop a separate interface. You only need to use the CopyTrading exclusive key to connect to the interface in the document, and you can achieve the following functions :
  • Automatic open long/open empty
  • Position squaring/cancellation
  • Check positions, orders, and account balances
  • Execute risk control logic

🧠 summary:

Function Ordinary futures account CopyTrading Account
API interface documentation ✅ shared ✅ shared
Transaction authority ✅ support ✅ support
APIKey generation method Backend API page Generated within CopyTrading page
Development logic Custom programs or robots Equally applicable

Addition: If you already have a program for futures trading, you can now run it directly with CopyTrading's APIKey without modifying any interface logic!
 

5:Risk Warning

When using the Bitunix CopyTrading API for trading, it is necessary to fully recognize the risks involved.
  1. Market Risk: Financial Marekt is unpredictable, and price fluctuations may lead to losses in copy trading. Even experienced traders cannot completely avoid losses caused by market risks.
  2. Technical Risk: The use of APIs depends on network and technical systems. Network failures, server maintenance, or other technical issues may affect the normal use of APIs, leading to untimely execution of transaction instructions or data transmission errors.
  3. Trader risk: Traders who are followed may change their trading strategies for various reasons or make mistakes in judgment, which may cause losses to the copy traders.
  4. Legal compliance risk: Different regions have different laws and regulations regarding financial transactions and API usage. When using APIs for transactions, it is necessary to ensure that one's behavior complies with local laws and regulations, otherwise legal risks may be faced.
 

 

 

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