Cryptohopper is one of the first AI-based crypto trading bot-providing platforms. Making money through trading is not tough when you have a profitable bot in the market, but it is not what everyone can afford for many reasons.
Using any random trading bot can put your money at risk and not only your money but it can steal throughout the trading to make scammers profit.
Also, crypto trading bots available on the internet are not easy to use there are rarely a few cryptocurrency trading bots available on the internet that are user-friendly and easy to use.
Here CryptoHopper makes entries with top-notch features that can make your trading experience much better and easier than ever.
Let’s take understand more about this platform and its bots through this Cryptohopper Review.
What Is Cryptohopper?
Cryptohopper is an online crypto-automated bitcoin trading platform that allows you to optimize your tools and make a profit from each trade.It was founded in the year 2017 by two Dutch brothers, one is a web designer and another one is an experienced day trader. With the aim of providing a safe and secure trading bot that can execute your orders 24/7 whether you are on your computer or not.
CryptoHopper offers a free trial as well, in which you can create unlimited copy bots.
CryptoHopper has more than 693K registered traders or users using the bots. They widely support all major cryptocurrency exchanges including Binance, Coinbase, Kucoin, Bittrex, Kraken, Poloniex, OKX, etc.
They have a teaching academy that will help newbies traders to know more about trading strategies with educational resources.
Cryptohopper has also a marketplace where you can find experienced traders’ strategies and signal templates.
How To Join CryptoHopper?
First, visit this link to register on the platform. You have to submit details like username, email, referral code, and password. Or you can sign up using Facebook, Google, and Apple.
You can use my referral code “17210“.
Once you sign up on the website, now you have to configure your account. You have to go to the Account page and edit your profile details like name, address, etc. details.
Enable 2FA for better security.
CryptoHopper has four different plans including a free one. The Explorer plan will cost you $16.58 per month, $41.58 per month on the Adventurer plan, and $83.25 per month for the Hero plan. These plans come in annual packages.
Let’s check out the top features because of what they are famous for.
Copy Trading / Mirror Trading
Copy Trading is also known as Mirror Trading which simply means copying others’ trades and performing with your balance.
Your amount will place for buy and sell when others will do. They have a bunch of experienced traders whom you can follow to make a profit on their profit and lose on their loss.
You can use the Stop-Loss function to protect your funds from drastic loss.
CryptoHopper helps you to use different crypto exchanges to make a profit from fast trades. The arbitrage bot search for profitable opportunities.
Crypto Arbitrage happens when you buy a coin from one exchange at a lower rate and sell it to another one for a higher rate. The difference is your profit, you have to perform action fast to make a profit and that’s why a bot is useful. Performing manual transactions might take time but bots are used to act faster.
This feature that you can find rarely anywhere else. Algorithm Intelligence helps you to visualize, deploy, and automate trading strategies on the available markets.
You can automatically import trading strategies and perform trade for you. Your AI will check and put the best strategies in the market.
Paper trading is where check your strategies before putting your real money into that strategy. You get a chance to know which strategy or bot will generate profit for you and which will put you at loss.
Paper Trading comes as free with every package they have. And you don’t need to have crypto to trade.
The trailing bot checks the market activity and performs activities accordingly. Stop Loss, Stop Buy, and Stop Short tools let you stop trading and buy coins when the price goes down & up and sell when the price moment changes.
Their marketplace has a number of trading templates that you can buy and trade. There are some free templates as well but don’t know if they are useful or not.
You can check how many users are using those templates to know the benefits of it.
You can refer your friends and earn 15% on their subscription purchases. Suppose one of your referrals purchased a Hero package for 12 months then he has to pay $999. Once he made a purchase you will get $150.
CryptoHopper Is Legit Or Scam?
Yes, Cryptohopper is a legit and highly safe crypto trading bot but still money is what you have to care about most. Hence it is important to use all security features before using real money.
Founders are not personally active in crypto or social media but the platform is very active on social media like Twitter and Reddit. They have 3.5K members on Reddit and 7.3K followers on Twitter.
It is a registered company in the Netherlands, with the name, Cryptohopper BV, Johan van Hasseltweg 18A 1022 WV, Amsterdam, The Netherlands.
They have a rating of 4.1 out of 5 from 297 reviews, on TrustPilot. Mostly negative reviews are saying that the bots are not working.
Download CryptoHopper App – Reviews
The app is available on both iOS and Android devices. On Play Store they have a rating of 3.4 out of 5 from 2.24K reviews. More than 100K times the app was downloaded.
It seems they have more negative reviews on Play Store but on App Store, they have more positive reviews.
On Play Store they have a rating of 4.3 out of 5 from 530 reviews.
CryptoHopper Customer Support
Cryptohopper offers 24/7 hours customer support. You can check out the support page for knowledgebase articles. Or you can create a ticket to get slow help or answers.
The best way to get help is live chat, where you get a chance to talk with a real person about the problem you are facing with. If you are a video geek then their video section might help you to understand more about the platform.