Cryptohopper is a leading cryptocurrency trading bot that is intended to streamline the crypto trading procedure. It helps traders with different experience levels to benefit as much as possible from their trading options to maximize their profits and also to minimize their losses. While there are various cryptocurrency trading bots are presently available, Cryptohopper provides lots of featured services to its traders by removing human emotions in their trading procedure.
Cryptohopper was established by two brothers; one is a day trader, and the other, an intelligent web developer. The two brothers blended their skills, ideas, and experiences and developed a bot that trades automatically for the trader. The bot works 24/7 and trades various coins, which is compatible with several cryptocurrency exchanges through an Application Programming Interface (API). Further, the platform is operated and owned by Cryptohopper BV, which is in Amsterdam, The Netherlands.
Overview of Cryptohopper
- The official site operates the automated trading bot that enables traders to remove human emotions and feelings from the trading procedure. Instead, it depends on specialized trading algorithms and programmed trading techniques.
- Also, the clients can subscribe to external signals and responsive trading solutions, which are intended for cryptocurrency traders for all experience levels.
- Cryptohopper is suitable to work with over 75 cryptocurrencies and nine important exchanges currently.
Moreover, Clients can monitor their details and trading history, and also watch the price movements of several cryptocurrencies. Even though the service is simple and setup is easy, it additionally includes a far-reaching scope of trading features which are described below:
- Exchange Arbitrage
- Market Arbitrage
- Market making
- Trailing stop-short
- Dollar-Cost Averaging
- Trailing stop-loss
- Trailing stop-buy
- Config pools
- Wallet scrubber
- Auto synchronize
- Manual buy and sell
- Reserve funds
Features of Cryptohopper
- API Integration
The automated trading happens through API integration with various cryptocurrency exchanges. The service can be used on any device associated with the internet, like a laptop, desktop, mobile phone, or tablet, as well as having a mobile app.
- Various Functions
Cryptohopper works as a web-based solution. The features are simple to use and the instinctive UI that uses a wide scope of functions. Moreover, the clients can configure the bot 24/7, with more than 130 technical indicators and candlestick patterns for trading automatically and can utilize both social and algorithmic trading.
- Compatibility with Exchanges
Currently, Cryptohopper is compatible with nine exchanges which include:
- Coinbase Pro
- Trading Tools
The platform provides various trading tools and includes features like bot backtesting tool, templates for saving and configuring, trailing stops, and use easy to customize technical indicators. Algorithmic trading made incredibly simple, so every person can trade cryptocurrencies very easily and at any moment.
- Client Support
The platform provides a support team that is accessible to manage any issues. Clients can contact the support team by sending a ticket in the Support Section. Also, they can be reached through their Twitter account, Facebook, and Telegram group.
How to Sign up into Cryptohopper?
Signing up into Cryptohopper is a simple process. Creating an account is much simpler and the main page has a “Sign Up” tab on the top of the page.
- Creating an Account
First, get into the Cryptohopper website and enter the details like name, email id, username, and password to register. This can be confirmed by clicking the activation link received through the email, and the user can access the dashboard.
- Setting up the Account
After accessing the account, the user can create an account from scratch or follow the wizard, which helps them to configure Cryptohopper. The next step would be to select an exchange and configure the bot through the selected exchange’s API keys and setup basic Cryptohopper configurations. The user can subscribe to signals, buy strategies, configure templates, and start backtesting the bot, and set up the two-factor authentication for the account.
- Follow Signallers
Cryptohopper enables clients to sign up to coordinated professional external signals. Moreover, the signaller service is supported by experienced traders who search for positive indications of an upward move. There are both free and paid memberships available, and in just a few clicks, the bots can be configured to follow signallers and receive trades in your account .
Is it Safe to Use Cryptohopper?
- Similarly, with all trading bots, the clients are not required to transfer the money to any accounts, which are controlled by bot developers. Besides, the bots ordinarily work through an API that enables them to execute trades on connected exchanges. Then, trading from Cryptohopper to your exchange.
- It is important to provide the API keys, which are produced on the preferred exchange and these keys give the bot limited access to the client account for trading reasons. Besides, the bots do not get withdrawal rights. In case of a hack or information leak, criminals would not have the option to access the funds.
- The Cryptohopper team has developed working associations with several leading exchanges, and clients can set up 2FA (two-factor authentication) to secure their accounts.
Cryptohopper has three main pricing plans for its members. It allows its members to use its free trial month or “Explorer” plan. The users can sign up and start utilizing the service without having to present any payment details. After a trial month, the Cryptohopper is automatically disabled and clients would then be able to buy a subscription.
These subscriptions are the Explorer subscription ($19), Adventure ($49) and Hero ($99). Especially, with the Adventure and Hero subscription the user can make use of the highly requested Exchange Arbitrage bot and Market Making bot.
Create an account in less than a minute and start trading cryptocurrencies automatically by clicking here!