Cryptohopper Review: Cryptocurrency Trading Bot Guide

 Remembering to use Cryptohopper Bitcoin & Cryptocurrency Trading Bot? Read our Cryptohopper review to find out everything, with pros and cons

Credit: Cryptohopper

Cryptohopper is a cryptocurrency trading robot designed to simplify the cryptocurrency trading process and help traders of all skill levels make the most of their trading opportunities, maximizing their profits and reducing the chances of losses. . Cryptohopper is available as 3commas and aims to empower traders by providing a full-featured, user-friendly service that allows its users to easily trade multiple cryptocurrencies while
removes human weaknesses from their trading process.

The semi-computerized bot doesn’t assure income and permits investors to make greater clever trades based totally on algorithmically programmed buying and selling techniques and outside signals.

Cryptohopper at a Glance

Price	Free Trial / $19 / $49 / $99 Per Month
Payment Options	PayPal / Bank Transfer / Crypto
Exchange Support	OK / KuCoin / Bitvavo / Binance / Binance US / Coinbase Pro Bittrex / Poloniex / Kraken / Bitfinex / Huobi
Cloud-Based	Yes
Signals	The marketplace of Free & Paid Signals
Strategies	30+ Indicators / 90+ Candle Patterns

Cryptohopper Overview

The Cryptohopper website claims that the project was started by two brothers: Ruud Feltkamp and Pim Feltkamp, ​​​​​​a soap opera actor who became a successful day trader, and the other a brilliant web developer. The two brought their ideas, skills, and experience together. to create a bot that trades automatically for the user runs 24/7, and trades various currencies while supporting different cryptocurrency exchanges via an application programming interface (API). The platform is owned and operated by
Cryptohopper BV is based in Amsterdam, Netherlands, and the cryptohopper.com domain was registered in July 2017. The official website hosts a semi-automated trading bot that allows traders to remove trends and human emotions from the trading process and instead rely on algorithms based on programmed trading techniques and approaches.

Users can also subscribe to external signals and the manipulative trading solution caters to cryptocurrency traders of all skill levels the team has announced that it has over 75,000 users.

Cryptohopper is compatible with up to 75 cryptocurrencies and nine major exchanges including Binance, Bitfinex, Bittrex, Coinbase Pro, Cryptopia, Huobi, Kraken, Kucoin, and Poloniex.

Cryptohopper FeaturesFunctionality:

Cryptohopper operates as a web-based solution and has an intuitive and easy-to-use interface that encompasses a variety of features. and social trading. Trading strategies can be derived through various technical indicators or by following the actions of third-party trading experts. any device connected to the internet, such as a desktop, laptop, tablet, or mobile phone.

Variety of Tools – The platform offers a good range of trading tools and includes features such as a bot backtesting tool, configurable and saveable templates, trailing stops, and customizable technical indicators. Users can also rely on indicators like Stoch, RSI, Bollinger Bands, and MACD. Exchange Integration: Cryptohopper currently supports nine exchanges, including Binance, Bitfinex, Bittrex, Coinbase Pro, Cryptopia, Huobi, Kraken, Kucoin, and Poloniex. Support for
BitFlyer, Bitstamp, CEX.IO, Cobinhood, and HitBTC are planned soon.

Customer Support: The platform includes a support team that is available to solve any problem. Users can communicate with the team by submitting a support ticket in the support section and they can also be contacted through their Twitter account, Telegram group, and Facebook. The site also contains several FAQs in the support section, as well as a series of tutorials to help users navigate the platform. In addition, the team also produced the Cryptohopper Academy's
video library.

How Beginner-Friendly is Cryptohopper?

While many buying and selling bots are exceptionally reserved for extra skilled traders, Cryptohopper consists of some functions geared toward newbies. These consist of the Hopper Academy that is to be had to all individuals and lets all people get the right of entry to a video library that explains simply how Cryptohopper works and the exceptional approaches to apply the service. Cryptohopper has additionally evolved into an energetic community, and for the brand, new entrants to cryptocurrency buying and selling this has to show to be immensely useful. There are energetic Discord and Telegram groups, further to a unique discussion board for individuals this is to be had in English, French, Spanish, Dutch, and Portuguese. As a result, new customers are capable of communicating with and studying from extra skilled customers from across the world and keep studying across the clock. Crytpohopper Dashboard The platform has additionally been designed to be clean to apply and doesn’t require any expert programming revel or superior technical understanding or skills.

Cryptohopper Marketplace

Your Cryptohopper dashboard will come up with get right of entry to their market, which is a function that quite a few buying and selling structures are inclusive of those days. The market lets in you got buying and selling techniques on your bots – a number of those are unfastened and others are paid. This is super for novices because it basically lets you “plug & plays” your preferred approach created with the aid of using greater revel in investors and check it out for your account. If you are a professional in developing buying and selling bots, this will additionally be a supply of earnings for you with the aid of using developing and promoting your very own templates at the market.

Conclusion

Cryptohopper has been engineered to offer the overall cryptocurrency network a possible answer that enables investors to generate income on an extra regular basis. The blend of technical signs and 0.33 celebration buying and selling specialists or signallers gives investors expanded alternatives as do the template and backtesting functions. While Cryptohopper is largely an algorithmic buying and selling bot it is straightforward to configure and use and fits more recent investors in addition to extra skilled practitioners. The crew has placed extensive attempts at growing a platform this is novice pleasant and new customers also are capable of getting entry to in-depth training and network-led aid sections. The inclusion of the Cryptohopper Academy video collection and multi-lingual Hopper discussion board is extraordinarily useful to anybody nevertheless attending to grips with both buying and selling cryptocurrencies or getting to know simply a way to use buying and selling bots. With its complete listing of functions, fashionable user-friendliness, and help for seventy-five unique cryptocurrencies and 9 main exchanges, Cryptohopper has loads going for it and does nicely to face out a marketplace complete of competing for buying and selling bots and cryptocurrency control platforms. To continue to be safe, it’s satisfactory to install 2FA in your account, and to make complete use of the loose trial run, in addition, to making a modest monetary dedication to begin off. It will also be a very good concept to attach the bot with a stay account that carries a slight quantity of budget as there's much less to hazard if the bot underperforms or the alerts do now no longer generate the predicted results. It’s additionally essential to be aware that whilst buying and selling bots do now no longer have withdrawals and get an entry if they end up compromised malicious actors can take benefit of a bot’s API to get entry to buy extraordinarily low-cost cash which can be then “pumped and dumped”. This has befallen withinside the past, and it’s a protection challenge that desires to be addressed via way of means of each buying and selling bot builders and cryptocurrency exchanges. Furthermore, customers have suggested that the loose 0.33 celebration alerts are of low quality, particularly in sideways or bearish markets because the notifications arrive too late, and divulge the buying and selling bot to surprising downturns. As a result, customers must commit a while to gain knowledge of signallers and investigate subscribing to the extra dependable paid sign services. With that being said, with the marketplace beginning to select up, more recent investors may also study the Cryptohopper platform as an easy manner to get familiar with the markets and discover ways to exchange cryptocurrencies earlier than we enjoy a brand new bull run. The platform is nicely placed to serve each new and extra-skilled investor and carries some of the functions that each one of its contributors can appear to gain from. It is nicely designed, smooth to apply, and has advanced extraordinary popularity over time, and as such, we endorse you to take a look at them out.