A read-only Bybit API key lets PortfolioTrackr view your exchange balances and trade history without any power to trade or withdraw. Those permissions are simply never attached to the key, and Bybit sync runs on every plan, including the free trial, pulling balances into a dedicated portfolio.
Why tracking Bybit holdings manually falls apart
The problem with tracking Bybit by hand is that crypto balances move constantly and live nowhere near your stocks. You check the Bybit app for coins, a broker app for shares, and a spreadsheet to glue them together, and the total is stale the moment you close it.
Most retail investors who hold crypto also hold something else. A typical setup looks like this:
- BTC-USD and ETH-USD on Bybit, plus a few altcoins
- AAPL and an S&P 500 ETF at a stock broker
- Maybe a frontier-market name or a dividend stock somewhere else
Keeping those in three places means you never see one honest total. A read-only connection fixes the Bybit half of that problem without ever touching your funds.
What a read-only API key actually does
A read-only API key is a credential you create inside Bybit that grants permission to view balances and trade history, and nothing else. It cannot place orders and it cannot move money, because those permissions are never attached to it.
When you connect Bybit to PortfolioTrackr, here is what the key allows and what it blocks:
- Allowed: reading your coin balances and transaction history
- Blocked by construction: withdrawals, transfers and any trade
This matters because the usual fear about connecting an exchange is that something gains the power to drain it. With a read-only key, that power simply does not exist. The connection is one-directional: data flows out to your tracker, and nothing flows back in.
How the sync behaves once connected
Once connected, your Bybit balances sync automatically about every 15 minutes into a dedicated read-only portfolio. That portfolio sits alongside your other holdings and does not count toward your portfolio limit.
PortfolioTrackr also runs automatic cost-basis reconstruction for recognized crypto exchanges, so your Bybit trade history is used to work out what you paid, not just what you hold now. Your coins then appear in one multi-currency view next to stocks, ETFs and holdings from other exchanges.
How to connect Bybit step by step
Connecting Bybit takes a few minutes and happens entirely through a key you generate yourself. You create the key as read-only inside Bybit, then paste it into PortfolioTrackr. Here is the full sequence:
- Log in to your Bybit account on the web.
- Open the account menu and go to the API settings page.
- Choose to create a new System-generated API key.
- When setting permissions, select Read-Only. This is the critical checkbox. Leave trading and withdrawal permissions switched off.
- Copy the API key and API secret Bybit shows you.
- In PortfolioTrackr, open Connect a broker, choose Bybit, and paste both values.
The read-only choice is the one step people rush. If you see any option to enable trading or withdrawals, leave it off. A key with only read access is all PortfolioTrackr needs, and it is the only kind you should create for tracking.
If you want the broader picture on linking accounts, our guide on how to connect a brokerage account to a portfolio tracker walks through the same logic for stock brokers.
What you see once Bybit is syncing
Once Bybit is syncing, every coin you hold appears in its own read-only portfolio with current value, cost basis where it can be reconstructed, and profit or loss. You do not re-type a single balance.
Because PortfolioTrackr is a multi-currency tracker, your Bybit coins are valued and displayed alongside everything else:
- A combined total across crypto and stocks in your chosen display currency
- Per-coin profit and loss based on reconstructed cost basis
- Foreign holdings handled properly: cost converted at the rate on the day you bought, value at today's rate, with any currency gain or loss shown on its own line
You can also set server-side price alerts on your Bybit positions. Every position and every watchlist level is checked once a minute while the market is open, around the clock for crypto, and you hear within a minute of your level being hit. Alerts are price levels only: Target 1, Target 2 and a stop-loss on a position, or a price above or below on a watchlist entry.
Alerts you can set on crypto
For a Bybit position, the alert types are Target 1, Target 2 and a stop-loss level, all expressed as prices you choose. PortfolioTrackr reports status against your own levels, such as still below target or Target 1 reached, and never tells you what to do next.
Alerts arrive by email, WhatsApp, Telegram and push on every plan. SMS is available on Pro and Lifetime. If you hold both coins and shares, our write-up on tracking stocks and crypto together in one app covers how those alerts behave across asset classes.
The honest limits you should know first
Direct Bybit sync is genuinely useful, but it has boundaries worth stating plainly before you rely on it. None of these are hidden surprises; they are just how the connection works.
Syncing stops when a plan lapses
Direct broker sync, including Bybit, is on every plan, including the free trial and Starter. When a trial ends or a plan lapses, syncing stops until a plan is active again. The data is not deleted immediately.
Here is the timeline if no plan is chosen after a lapse:
- Syncing pauses straight away when the plan is no longer active
- You get a reminder email a week before removal
- If still no plan is active, the connection, its saved key and its portfolio are removed 30 days later
- You can connect Bybit again on any plan afterward
Disconnecting removes the imported positions
If you disconnect Bybit, the imported positions are removed with it. The connection is the thing holding that read-only portfolio together, so removing it removes the view. You can reconnect at any time with a fresh or existing read-only key.
One more practical note: PortfolioTrackr does not read a wallet address or connect to self-custody wallets. Coins held off-exchange are added by hand, by CSV or from a screenshot. The Bybit connection covers what sits on Bybit, not what sits in a hardware wallet.
Who this is for, and who it is not
This feature is for investors who keep real balances on Bybit and want them in the same total as everything else they own. It is a poor fit for a narrow set of users, and it is worth being honest about both.
| Good fit | Weaker fit |
|---|---|
| You hold coins on Bybit and want one combined total | You keep everything in self-custody wallets |
| You also own stocks or ETFs elsewhere | You only trade and never hold positions |
| You want read-only safety, no trading access | You want the tracker to place trades for you |
| You value automatic cost-basis reconstruction | You need wallet-address tracking |
If your crypto is spread across multiple exchanges, the same read-only approach applies elsewhere. Our guide to tracking Coinbase crypto next to your stocks shows the parallel setup, and the broader honest comparison of portfolio tracker apps for 2026 puts the whole thing in context.
A note on manual entry
Connecting Bybit is optional. If you prefer not to create an API key at all, you can still add your Bybit coins by hand, by CSV, by voice or text, or from a screenshot. The connection just removes the re-typing; it is never the only way in.
The bottom line
Tracking your Bybit holdings with a read-only API key gives you an automatic, withdrawal-proof view of your coins alongside your stocks and ETFs. The key you create cannot trade or move funds, balances sync about every 15 minutes, and the feature works on every plan, including the free trial.
Create the key as read-only, know that syncing pauses if your plan lapses, and remember that disconnecting removes the imported positions. Within those honest limits, it turns three scattered apps into one total you can actually trust.
Frequently asked questions
Is it safe to connect Bybit with an API key?
Yes, when the key is created as read-only. A read-only Bybit API key can view balances and trade history but cannot place trades or make withdrawals, because those permissions are never attached to it. PortfolioTrackr only needs read access, so your funds stay under your control at all times.
How often does PortfolioTrackr sync my Bybit balances?
PortfolioTrackr syncs your Bybit balances automatically about every 15 minutes into a dedicated read-only portfolio. That portfolio does not count toward your portfolio limit, and cost-basis reconstruction runs automatically for recognized crypto exchanges so your profit and loss is calculated for you.
Does Bybit sync work on the free trial?
Yes. Direct broker sync, including Bybit, is on every plan, including the free trial and Starter. If your trial ends or a plan lapses, syncing pauses until a plan is active again. With no plan chosen, the connection and its portfolio are removed 30 days later, with an email a week before.
What happens if I disconnect Bybit from PortfolioTrackr?
Disconnecting Bybit removes the imported positions along with it, because the connection holds that read-only portfolio together. You can reconnect at any time using a new or existing read-only API key, on any plan, and your Bybit holdings will sync back in automatically.
Can PortfolioTrackr track crypto in a self-custody wallet?
No. PortfolioTrackr does not read a wallet address or connect to self-custody wallets. The Bybit connection covers coins held on Bybit only. Anything in a hardware or software wallet can still be added by hand, by CSV import, by voice or text, or from a screenshot on any plan.