CryptoHopper is a fast, automated trading and portfolio platform for trading Ethereum, Litecoin, Bitcoin, and more than 100 crypto coins on the top crypto exchanges. The bot wants to help you become a better trader and save you time by automating your trading activities.
We have listed and explained some of the key features of the bot below:
- AI intelligence
CryptoHopper has an inbuilt artificial intelligence system that assesses all the strategies the user feeds it, and later decides on its own which one to work with.
- Trailing orders
The bot sells or buys in the price direction. As such, it sells a profiting order automatically when the price drops, allows your buy order to track the price, and place a buy order when the price rises again.
- Strategy designer
With this feature, you can blend your indicators, test them, and create your own strategies. It is even possible to sell your techniques on the platform’s marketplace.
Verdict: a fully automated robot as all of your trading is implemented in auto mode.
How to start with CryptoHopper
You can begin using the platform after completing these 4 easy steps:
- Register your CryptoHopper account by providing a user name, an email address, and a strong password. When you receive an activation link in your inbox, click on it to activate your account
- Log in to your new account and receive assistance on installing your Hopper
- Go to the marketplace and choose any strategy, signaler, or template to apply to your bot
- When you have a brilliant configuration, apply it to your exchange account and start earning money
The bot offers 4 different pricing plans. The Pioneer plan is free and allows you to open 20 positions. To open more positions, it is advisable that you subscribe to the Explorer, Adventurer, or Hero packages at a cost of $16.58/month, $41.50/month, or $83.25/month, respectively. These prices apply if you want to pay for the services annually. The monthly options are a bit more expensive.
Minimum deposit to use with CryptoHopper
The minimum deposit you need to use with this bot will mainly depend on your chosen exchange. A majority of the exchanges provide a list of their minimum trading volumes. Even then, the vendor says that working with a deposit of $20 is a good rule of thumb.
Although CryptoHopper has a withdrawal option, you are advised not to enable it. So, all withdrawals can be done through your crypto exchange. In that case, you need to follow the withdrawal process as directed by your chosen exchange.
What about subscription fees and commissions?
No subscription fees or commissions are charged by the platform. So, you don’t have to worry about the bot taking away a part of your hard-earned income.
CryptoHopper review: user interface
The user interface is intuitive. It uses simple English that anyone can understand. The website is also divided into various sections to help users find any info they would want to know about the product.
Customer reviews for CryptoHopper are good so far. Out of the 208 testimonials posted, more than 60% are positive. We noticed that many of these content customers indicate that the customer service offered is excellent and top notch. Still, we ran into a client who claims to have had problems getting the API to work. He also states that the platform is complicated and not user-friendly.
CryptoHopper was created in 2017 by two Dutch brothers known as Ruud Feltkamp and Pim Feltkamp. Pim is an engineer by profession, while his brother is a self-proclaimed successful day trader.
What exchanges does CryptoHopper support?
At the moment, the bot maintains integrational ties with the following exchanges:
Crypto Hopper appears to support English only as all the information about it is communicated in this language.
Is CryptoHopper secure?
In a broad sense, CryptoHopper is safe. The owners do not have permission to withdraw your funds. Also, the exchanges that the bot supports normally spend a significant portion of their time and money on their safety. Furthermore, the CryptoHopper website is safeguarded by Cloudflare that has a web application firewall and DDos protection.
Is it a regulated crypto trading platform?
Yes, it is. All the platform’s activities are governed by the laws of the Netherlands.