Cryptohopper is described as a world-class automated crypto trading bot that trades efficiently and creatively.
So you are invited to join forces with the incredible team and grow your portfolio fast. The devs claim that their system hosts over 9 million transactions worth about $2 billion monthly.
First Cryptohopper quick summary
|User-friendly||Limited functionality in the free mode|
|Offers customer support|
|Various trading strategy options are provided|
|A free trial is available|
|Ease of investment||3/5|
What is Cryptohopper?
Cryptohopper is an AI-based cryptotrading bot that carries out trades on behalf of users. It buys, sells, and assesses the markets automatically without involving any emotions. You can use the system to trade Bitcoin, Ethereum, Ripple, Tether, BNB, and other coins supported by your exchange.
How does Cryptohopper generate profits?
The software provides various trading strategies options like arbitrage, mirror trading, and paper trading, which you can apply to generate profits from trades. The vendor doesn’t guarantee any profits, though. The revenues earned depend on the condition of the market and how you configure the software.
Safety and security
The devs say that they adhere to appropriate data collection, storage, and processing practices as well as security measures to safeguard your data. This ensures that your info (password, username, transactions) is free from unauthorized access, interference, leaks, or destruction. We are also notified that the exchange of private and sensitive data between the site and its users occurs over an SSL secured communication channel and is encrypted and safeguarded with digital signatures.
How Cryptohopper’s pricing works
This bot features 3 main payable plans. We have the Explorer that costs $19/m or $16.58/month/year and the Adventurer that goes for $49/m or $41.58/m for a year. The last pack is the Hopper, whose price is $99/m or $83.25/m annually. The program also provides a free package (Pioneer plan) that allows subscribers to use it for free for 7 consecutive days.
Each of the packages described above have the following distinctive features:
- 20 positions
- Portfolio management
- Manual trading
- On all available exchanges
- 80 positions
- Max 15 selected coins
- Max 2 triggers
- TA with 10 min interval
- 1 simulated trading bot
- 200 positions
- Max 50 selected coins
- Max 5 triggers
- TA with 5 min interval
- 1 simulated trading bot
- Exchange arbitrage
- 500 positions
- Max 75 selected coins
- Max 10 triggers
- TA with 2 min interval
- All coins for signals
- Market arbitrage
- Market making
- Algorithm intelligence
Cryptohopper is compatible with numerous exchanges. We have listed them below:
- Huobi Pro
- Coinbase Pro
- Bitpanda Pro
How long has Cryptohopper been in business?
The system has been around since 2017. It was created by two Dutch brothers—Ruud and Pim Feltkamp. In the beginning, the software was used by the devs’ family and friends before the fan base grew to include many other people from all over the globe.
How to get started with Cryptohopper
Getting started with this bot is pretty much easy. The first step is to subscribe to the website. You will then get an activation link in your email, which you are supposed to click for your account to be activated. When you login for the first time, the devs will help you to install your hopper. You can link your preferred exchange immediately or begin with a simulator first. Trading with the system isn’t complicated; just visit the marketplace and choose any strategy, template, or signaler to apply to your own hopper.
If you want help, you need to submit a support ticket. A knowledge base is also available, and it includes a list of articles that can provide more insight into any queries or concerns you might have about the bot. The topics covered include, but are not limited to, hopper’s workings, payment methods, known errors, security, and configuration. There’s also an option of enrolling to the Cryptohopper Academy video library where you can learn more about the bot for free. In addition, a documentation section is available to help traders discover what the software does so you can get the most out of its features.
Cryptohopper is beginner friendly as it comes with a simple-to-use user interface. You don’t need any experience to operate. The numerous customer support options can help you become familiar with the workings of the software. In case you have any reservations regarding the efficiency of the bot, you can test it first before you invest real money. Unfortunately, this free mode has limited functionalities.