When it comes to trading cryptocurrencies, there are a lot of different strategies that you can use. You can trade manually, or you can use a trading bot. Trading bots are computer programs that automatically execute trades for you. Cryptohopper is a trading bot that allows you to automate your trading strategy. This can be a huge advantage for traders who want to make money in the cryptocurrency market.
Cryptohopper has been gaining in popularity in recent months, as more and more people are looking to get into the cryptocurrency market. You can set it up to buy and sell at certain prices, or you can have it trade based on signals from other traders. Moreover, you can choose from a variety of trading strategy or create your own. Cryptohopper also allows you to backtest your strategies to see how they would have performed in the past. This cryptocurrency trading bot is available as a web app, making it easy to trade on the go!
But what is Cryptohopper? And is it worth your time and money? In this Cryptohopper review, we will take a close look at the features and benefits of this automated trading bot, as well as how it works and how you can make money with it.
Cryptohopper Review in Video
Cryptohopper is a cloud-based trading bots that allows you to automate your trading strategies. It is was started by two brothers: Ruud Feltkamp & Pim Feltkamp. Cryptohopper has been around since late 2016 and has been steadily growing in popularity ever since.
Ruud is a former soap opera actor who turned into a successful day trader. Pim, on the other hand, is a brilliant web developer.
The brothers wanted to create an automated crypto bot that trades automatically for the users, trades a variety of coins and works 24/7 while also being compatible with a number of cryptocurrency exchange platforms through Application Programming Interface (API) keys.
Therefore, Pim and Ruud merged their ideas, experiences, and skills, and Cryptohopper was born. Cryptohopper is currently the most popular crypto trading bot on the market and has a wide variety of features that make it an attractive option for traders. It is important to note, however, that Cryptohopper is not a get-rich-quick scheme, and you will need to put in some effort if you want to make money with this bot.
Cryptohopper is developed and operated under Cryptohopper BV and is headquartered in Amsterdam, The Netherlands.
With the Cryptohopper trading bot, you can remove human tendencies and emotions from the decision-making process. This is because it relies on technical analysis – a form of studying stock prices based solely using numbers rather than qualitative research into why they change their minds or not.
The website’s semi automated trading bot program will let traders automate investing in cryptocurrency by following preprogrammed strategies created with advanced computer algorithms.
The best thing about Cryptohopper is that users can even subscribe to external signals. This is a manipulatable trading solution that offers great features and benefits to its users. Currently, there are over 75,000 users signed up on the platform.
How does Cryptohopper Work?
In order to use Cryptohopper, you first need to create an account on their website. Once you have registered, you will be prompted to connect your exchange account(s). Then, you can choose from a variety of trading strategy or create your own. You can also backtest your strategies to see how they would have performed in the past. Cryptohopper will then start trading automatically based on your chosen strategies.
You can also connect Cryptohopper to other services, such as Signallers, which allows you to overlay technical analysis charts onto live price data. This can be helpful in determining when to buy or sell cryptocurrencies.
In order to use Cryptohopper, you need to go through the Cryptohopper account signup process, which includes:
Create an Account
Visit cryptohopper.com and click on the “Sign Up” button in the top right-hand corner of the screen. Enter your email address, username, name, and password, then tick on the “I agree to Cryptohoppers Terms of Service” checkbox. Next, click on the ‘Get Started’ button. Cryptohopper will send you an account confirmation mail to your provided email address. Confirm your email account by clicking the account activation link. Once you have registered and logged in, you will be taken to your account dashboard. This is where you can see an overview of all your trading activity, including past trades and current open positions. You can also change your settings here, such as choosing which strategies you want Cryptohopper to use or connecting to Signallers.
Set up your Account
Once you register with the platform, it is time to configure Cryptohopper. You will be provided with an account setup wizard that will help you quickly go through the process. All you have to do is choose your preferred cryptocurrency exchange and configure the Cryptohopper bot through that exchange’s API keys. After configuring the crypto exchange, you can proceed with setting up the basic Cryptohopper configurations. API keys are unique codes that allow Cryptohopper to connect with your chosen exchange and trade on your behalf. You will be provided with links to tutorials and other useful information that makes the account setup process simple and straightforward. After account setup is complete, you can access a range of Cryptohopper features and other aspects of crypto trading from the dashboard. This includes backtesting your bot, configuring templates, subscribing to signals, and even setting up two-factor authentication on your Cryptohopper account.
Signup to Signallers on the Marketplace
Cryptohopper is the perfect solution for traders who want to be proactive about their investing. The app not only allows you to sign up with professional external signals but also provides access to the Signallers services that will help find positive signs in anticipation of rising prices! There are both free and paid subscriptions available so users can customize bots according to what they need – whether it’s just following one or two people alongside other investments like stocks & bonds too. Signallers have access to performance reports that are simple and easy to use; their profitability can be tracked easily. They also make use of cloud computing as well machine learning algorithms for consistently monitoring numerous technical indicators across a range of digital currencies with ease. You’re able to join up to buy signals at the same time, so you know your money is safe from any losses during trading sessions, thanks to Cryptohopper.
When it comes to Cryptohopper, there are a few features that stand out. These include:
- Cryptohopper’s ability to backtest trading strategies: This allows you to see how a trading strategy would have performed in the past. This can help you choose which automated strategies to use and improve your chances of making a profit. Moreover, Cryptohopper also allows you to automate your trading process, so they will be executed automatically. It is important because Cryptohopper understands that people have lives, and they cannot always be monitoring their paper trading accounts constantly.
- Functionality: Cryptohopper is a web-based automated trading bots that can be used by anyone who has an internet connection. You do not need to download or install any software on your computer. This makes it a perfect solution for traders who want to be proactive about their investing. The app allows you to sign up with professional external signals as well as provides access to the Signallers services.
- Cryptohopper’s excellent customer support: Cryptohopper offers excellent customer support 24/7. If you have any problems or questions, you can contact the Cryptohopper team through the Support section by submitting a ticket. The best thing is that you can contact the Cryptohopper team via Twitter, Facebook, and Telegram. The Support section also contains tutorials that allow beginners to navigate through the Cryptohopper platform. The website also has a dedicated FAQs section where all the most common questions regarding the Cryptohopper bot have been answered. In short, you can rest assured that you will get the help you need if you experience any problems while using Cryptohopper.
- User-friendly interface: Cryptohopper has a user-friendly interface that makes it easy to configure the bot and track your trading activity. The interface is easy to understand and navigate, even for beginners.
- Cryptohopper’s ability to trade a wide variety of cryptocurrencies: Cryptohopper marketplace allows you to trade a wide variety of cryptocurrencies (75 in total), including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, and Monero. This makes it a perfect solution for traders who want to invest in multiple cryptocurrencies.
- Range of tools: Users can expect to explore a wide range of trading tools and features like customizable technical indicators, trailing stops, configurable and saveable templates, and a bot backtesting tool. Moreover, you can also use indicators like MACD, Bollinger Bands, and Stocks. This allows for a high level of customization, so you can make the bot work in accordance with your cryptocurrency trading technicals.
- Exchange integration: Cryptohopper is a sleek and simple-to-use interface that allows you to trade on nine different exchanges with one straightforward signup. These include Poloniex, Kucoin, Kraken, Huobi, Cryptopia, Coinbase Pro, Bittrex, Bitfinex, and Binance. The developers are constantly adding new partnerships, including HitBTC, Cobinhood, CEX.IO, Bitstamp, and BitFlyer, so be sure not to miss out!
- Completely cloud-based: Cryptohopper is a cloud-based platform, which means that you do not need to install any software on your computer in order to use it. This makes it a convenient option for traders who want to be able to trade cryptocurrencies from anywhere in the world. Being a cloud-based bot, Cryptohopper can be used on any device that has an internet connection.
- Technical analysis: Cryptohopper offers a wide range of technical analysis tools that can help you make informed investment decisions. The bot can be customized to use a variety of indicators, so you can maximize your profits. Technical analysis helps in understanding the charts and graphs so that you can make well-informed decisions while cryptocurrency trading.
- External signals: Cryptohopper also allows you to subscribe to professional external signals. This means that you can benefit from the cryptocurrency trading experience and knowledge of experienced traders. The Cryptohopper team has partnered with a number of leading signal providers, so you can be sure to find one that meets your needs.
- Free trial: Cryptohopper offers a free trial for new users, so you can explore all the features of the bot before making a decision about whether or not to subscribe.
- Loving community: Cryptohopper has a thriving and supportive community of traders who are always happy to help. You can join the Cryptohopper community on Telegram, Facebook, or Twitter for advice and support. Having a supportive community means that you can always find someone to help you out if you experience any problems while using Cryptohopper.
The Cryptohopper team is always working on new features and improving the existing ones. You can rest assured that you will get the best trading experience when using Cryptohopper.
Cryptohopper is a great option for traders who want to automate their trading strategies. The bot is easy to use and has a user-friendly interface. It also offers a wide range of technical analysis tools that give you investment advice. Cryptohopper allows you to trade a variety of cryptocurrencies on nine different exchanges, so you can invest in multiple cryptocurrencies at once. Overall, Cryptohopper is an excellent choice for anyone looking for an automated crypto trading solution.
Does Cryptohopper take fees into account?
Cryptohopper offers three pricing plans to suit everyone’s needs, with the option of a free trial for 7 days. You can simply sign up and start using their service without providing any payment details! When your trial period is over, we’ll automatically disable access so that you have time to decide if it suits what you need – but don’t worry because once purchased, there are no additional fees or commitments involved in keeping an account active as long as desired (and who doesn’t love saving money?).
The following are the Cryptohopper pricing plans that one can choose after signing up for these automated trading bots:
Hero: Pro Trader Package ($99 Per Month)
- 1 Simulated Trading Bot
- Market Arbitrage
- All coins for trading signals
- TA with 2 min interval
- Max 10 triggers
- Max 75 selected coins
- 500 positions
Adventure: Trader Plus Package ($49 Per Month)
- Exchange arbitrage
- 1 Simulated Trading Bot
- TA with 5 min interval
- Max 5 triggers
- Max 50 selected coins
- 200 positions
Explorer: Starter package ($19 Per Month)
- 1 Simulated Trading Bot
- TA with 10 min interval
- Max 2 triggers
- Max 15 selected coins
- 80 positions
Pioneer Plan: Free Trial for 7 Days
- 1 Simulated Trading Bot
- TA with 10 min interval
- Max 2 triggers
- Max 15 selected coins
- 80 positions
Cryptohopper offers a free trial, so you can decide if this service is right for your needs. If not, there are no refunds, and the user will have access to their previous purchases until their account expires or they cancel it in time!
Please note that you can choose to pay on a monthly basis or take up the subscription for the whole year based on your requirements. However, there is no way for you or anyone else who signs up on Cryptohopper’s platform to get your money back in case you decide it’s not right for you!
Nevertheless, those who have used the platform state that they are 100% satisfied with the platform regarding its services and features.
Do crypto bots actually work?
There is no one-size-fits-all answer to this question, as the effectiveness of the crypto trading bots depend on your individual trading strategies and preferences. However, Cryptohopper is a reliable and user-friendly bot that has been designed with the user in mind. The Cryptohopper team is constantly adding new features and partnerships, so be sure to check out their website for the latest updates.
Cryptohopper also offers a free trial, so you can try out all the features of the bot before deciding whether or not to subscribe. So overall, Cryptohopper is an excellent choice for anyone looking for an automated crypto trading solution.
Please note that trading bots are not a silver bullet and should not be used as the only tool in your trading arsenal. Always make sure to do your own research before investing in any cryptocurrency.
How much can you make with Cryptohopper?
Cryptohopper is not a get-rich-quick scheme and should not be used as such. The bot allows you to trade cryptocurrencies with ease, but you still need to put in the hard work if you want to make profits trading crypto. That being said, Cryptohopper can help you automate your trading strategies and improve your chances of making a profit.
Please note that Cryptohopper is not responsible for any losses incurred while trading cryptocurrencies. Always make sure to do your own research before investing in any cryptocurrency.
Most importantly, never invest more than you can afford to lose. Cryptocurrencies are volatile and can experience significant price swings over a short period of time.
How Beginner Friendly is Cryptohopper Marketplace?
Cryptohopper is a beginner-friendly bot and is easy to use even for those who are new to trading cryptocurrencies. The bot offers a wide range of features and tools that allow you to customize it according to your trading strategies. Cryptohopper also allows you to subscribe to professional external trading signals, so you can benefit from the trading experience and knowledge of experienced traders. The Cryptohopper team is active on social media, so be sure to check out their channels for advice and support.
One of the salient features of Cryptohopper is its active community that can be accessed via Telegram groups. In addition to this, there is a special forum for members and new entrants that is available in English, French, Spanish, Dutch, and Portuguese. You can also join the Cryptohopper Discord and Facebook group for news and updates.
The online dashboard will allow you to monitor your performance and trading history. Cryptohopper also has a detailed FAQ section that can help you troubleshoot any issues you may encounter while using the bot. On top of everything, you can benefit from its comprehensive range of trading features, including:
- Manual buy and sell
- Reserve funds
- Auto synchronize
- Config pools
- Trailing stop-short
- Dollar Cost Averaging
- Trailing stop-buy
- Trailing stop-loss
Conclusion: Is Cryptohopper Worth Your Time and Money?
In this Cryptohopper review, we have looked at what Cryptohopper is and how it works. We have also discussed some of the features and benefits that make this trading bot an attractive option for traders. Cryptohopper is a reliable and user-friendly bot that allows you to trade cryptocurrencies with ease. The bot offers a wide range of features and tools that allow you to customize it according to your trading strategies. Cryptohopper also allows you to subscribe to professional external signals so that you can benefit from the trading experience and knowledge of experienced traders. The bot also has a free trial, so new users can explore all its features before deciding whether or not to subscribe. Overall, Cryptohopper is an excellent choice for anyone looking for an automated crypto trading solution.