Trading with CryptoHopper enables more dependable revenue generation. The backtesting capabilities, the template, and the combination of technical indicators with outside trading analysts or crypto signal providers provide traders more options.
Despite being primarily an algorithmic trading bot, CryptoHopper is easy to set up and operate, making it appropriate for both novice and seasoned traders. The business has put a lot of effort into developing a user-friendly platform for newcomers, and these users may also access in-depth educational materials and community-run resource pages. Before even deciding to purchase a package, customers may explore the site using the free tier.
|🤖 Robot Name:||CryptoHopper|
|👾 Robot Type:||Crypto Trading Robot|
|💸 Minimum Deposit:||$250|
|✅ Is It a Scam or Legit?||Legit|
|🚀 Claimed Win Rate:||84%|
|💰 Trading Fees:||None|
|💰 Account Fees:||None|
|💰 Deposit/Withdrawal Fees:||None|
|💰 Software cost:||Free|
|⌛ Withdrawal Timeframe:||24 hours|
|#️⃣ Number of Cryptocurrencies Supported:||50|
|💱 Supported Cryptocurrencies:||BTC, ETH, LTC, XRP|
|💲 Supported Fiats:||USD, EUR, GBP|
|👩🏫 Social Trading:||Yes|
|📋 Copy Trading:||Yes|
|📱 Native Mobile App:||No|
|🖥️ Free Demo Account:||Yes|
|🎧 Customer Support:||Live Chat|
|✅ Verification required:||Introductory Phone Call / KYC|
CryptoHopper Pros and Cons
Excludes commission fees from monthly payments
Investors have access to sophisticated research tools
The complete mobile app includes cutting-edge security measures
Automated trading bot
There is no telephone customer support available.
You must sign up for a monthly plan to get the most beneficial functions.
Is CryptoHopper Legit?
It looks like CryptoHopper is a reliable trading bot. According to our analysis, this robot is reliable, simple, and easy to operate. Additionally, we can attest to the tight supervision over all of their associate brokers.
Additionally, the site has been operational for around 5 years without experiencing any significant issues that caused losses for its consumers.
Since the CryptoHopper crypto trading bot relies on API keys to execute trades on your behalf, it is unable to withdraw money from your trading account. Additionally, we’ve found that this robot’s customer support is approachable, knowledgeable, and courteous.
What Is CryptoHopper?
In September 2017, Ruud Feltkamp launched CryptoHopper. It is a trading bot that makes the claim that it can assist users in maximizing trading opportunities on cryptocurrency exchanges. The CryptoHopper programme lets you automate transactions while utilizing a mobile device. The programme does investment analysis and places trades automatically in auto trading.
This programme copies and suggests trading techniques from the top cryptocurrency traders when it comes to semi-automated trading. This technique, called copy trading, is commonly used in the forex and stock markets.
How Does CryptoHopper Trading Bot Work?
You may trade both manually and totally automatically using CryptoHopper.
The robot does all investment analyses and executes trades automatically in fully automated trading. Users’ personal trading strategies and executions are included in the manual edition.
Additionally, it is important to note that CryptoHopper permits margin trading, with most of its brokers providing leverage of up to 1:100x. You can place transactions that are greater than your trading resources when you employ margin trading. A leverage of 1:100, for instance, allows you to arrange a transaction that is 100 times greater than your initial investment.
All exchanges are supported
You may follow how-to tutorials at each level and use a user-friendly platform.
There are both copy trading and manual trading options.
There is a free tier and a 7-day trial period for premium subscriptions.
Platform for trading using algorithms.
Has a native Mobile app
Key Features of CryptoHopper
Market Arbitrage Tool
Using the principle of arbitrage, you may create a profile by purchasing an item on one market, selling it on another, and profiting from the disparity in price between the two marketplaces. The price variations across exchanges make this a very profitable component of trading when done properly.
The arbitrage tool provided by CryptoHopper is useful, especially for newcomers. There are times when you might make money off of price variations across exchanges.
The main component of the CryptoHopper is the strategy builder. You may develop your trading strategy with the aid of the Strategy Designer. Technology-based indicators and candlestick patterns that may be utilized to automatically open and cancel trades make up a strategy. Through their CryptoHopper marketplace, you can also exchange and sell your techniques with other users.
Paper Trading Mode
First of all, we advise all brand-new customers to try Paper Trading before investing any money on a site they are not comfortable with. Second, using this feature to test your tactics to determine whether they are lucrative is a great idea.
You will deposit bogus funds into your paper trading account while in this mode. This will enable you to have a feel for how dealing with various volumes might be.
It’s simple to create and remove paper trading accounts on CryptoHopper. You will thus rediscover how to utilize the platform economically and responsibly.
With CryptoHopper Mirror Trading, you may purchase templates, methods, or alerts and trade independently. The website provides a marketplace where you can quickly assess the signalers’ performance. As a result, you may Semi mimic a trader instead of following the sell signals they provide. Protect yourself from severe losses by using the Stop-Loss, and let the Trailing Stop-Loss assist you in selling at the proper time. In addition, templates are Hoppers that have been preset with certain parameters already made. Strategies are essentially collections of algorithms that search the marketplace on your behalf. To determine whether these tactics work effectively in the present market, you may back-test them.
How to create a new CryptoHopper account?
Enter your selected username, email address, and password to get started at the top of this page. You will get an activation link at the email address you provided. To activate your CryptoHopper account, click the activation link in the email that you received.
Step 1. Create an account
Once you’ve clicked the email verification link, type in your complete name and the nation you’re from.
Step 2. Choosing your Exchange
Connecting your cryptocurrency exchange is the upcoming step. All important crypto exchanges are supported by CryptoHopper. In order to grant access to your exchange, you must supply API Key and API Secret.
You must select an exchange, set up basic hopper parameters, and set up the bot using the exchange’s API credentials. Each phase of the process offers a link to a lesson and other helpful information.
Step 3. Selecting a bot
One of the two bots that are offered on the CryptoHopper platform will be your option. The first bot is an automated trading programme that mimics the transactions of experienced and knowledgeable traders. The second choice enables you to create your own bot. We advise only experienced users to use the construct your own bot option.
Step 4. Setup for Bots
It’s time to automate your plan at this point. On CryptoHopper, these tactics are referred to as Hoppers. The hopper will carry out that task automatically depending on your criteria after you specify when and how you will acquire an asset and when and how you will sell an item.
We advise utilizing pre-built hoppers for beginners. However, you should always do rigorous backtesting on any hopper before enabling them to trade with real money. The CryptoHopper marketplace also has a large selection of hopper templates.
After utilizing the procedure to create your account and begin using your hopper, you will be able to access a variety of options from the dashboard. You may start back testing your bot, tweak templates, subscribe to signals, and turn on two-factor authentication for your account.
What is the pricing mechanism of CryptoHopper?
As opposed to exclusively offering premium options in the past, CryptoHopper now offers a free plan as well. The price is determined by how many positions you can execute.
The Pioneer kit
The user may use it for free or for 20 slots, and it is available. On all accessible exchanges, it also provides portfolio management and manual trading features.
The Explorer kit
There are 50 positions in this. It provides all the benefits of the free tier in addition to a seven-day free trial before clients must pay. The Explorer Kit has a monthly price of $16.58.
The Adventurer kit
This is the intermediate account tier for CryptoHopper. The Explorer package’s capabilities include all features in the Adventurer package, plus 150 more trading positions. The Adventurer package’s features cost $41.58 a month, and you must pay that amount to access them.
The Hero kit
The bundle costs $83.25, and it enables you to reach up to 500 spots. When you buy an annual plan, you receive $189 savings. Additionally, you’ll get access to CryptoHopper’s cutting-edge features, which include support for all coins, advertising methods, and algorithmic intelligence. Your trade may be more successful than it was before thanks to these characteristics.
Is there a CryptoHopper Mobile App?
On Apple and Android smartphone platforms, CryptoHopper is now accessible and has all-inclusive capabilities. The following are a few aspects of the CryptoHopper app that we like:
To make sure that only you can access your assets, the CryptoHopper app has biometric security measures.
To get real-time alerts on preset causes, trends, pending orders, and other events, set up push notifications. You can keep an eye on your locations and progress from the home screen of your phone.
With only one click, orders may be placed. The online version of CryptoHopper’s software is equally easy to use as the desktop version.
Use a single order to execute trades, and manage your holdings from anywhere.
There are three primary pricing tiers available, but CryptoHopper also offers a “Pioneer Plan” free trial that lasts for 7 days. It accepts all your exchange accounts.
You may use CryptoHopper to automate your trading bots. Through the use of API keys, you may link your exchange and programme your bot to execute trades. Even with a free account on CryptoHopper, you may link all exchanges, manage your portfolio, and take 20 positions in different transactions.