Introducing New API Feature: WebSocket Order Placement

As part of our commitment to continuously improving user experience and trading efficiency, we are pleased to announce a new feature for API trading. This new feature, WebSocket order placement, will be available from May 6, 2024, 8AM UTC.

What is WebSocket Order Placement?

WebSocket order placement allows you to send and execute trade commands in real-time. Compared to REST API order placement, WebSocket offers:

• Lower Trading Latency: Execute orders with minimal delay for a smoother experience.
• Increased Trading Speed & Efficiency: React to market movements faster and capitalize on opportunities.

Supported Products:

• Contracts: Linear contract trading under the Unified Trading Account (UTA), including USDT Perpetual, USDC Perpetual, and USDC Futures
• Spot: Spot trading under the Unified Trading Account (UTA)
• Options: Single orders

Go to Bybit's Testnet to familiarize yourself with WebSocket order placement before the official launch. You may refer to [this guide](https://bybit-exchange.github.io/docs/v5/websocket/trade/guideline) for more information.