Cryptohopper is a world-class automated crypto trading bot that would help us to be profitable on the crypto market. The presentation looks average informatively. The system is a powerful AI-based trading solution.
How does this crypto bot work?
The system works completely automatically on our exchange. It has various trading strategies to keep our account profitable.
Getting started with Cryptohopper
We have to buy a copy of the system or use a free trial to get started. So, we can attach it to our exchange to start making profits.
Company information
Cryptohopper was founded in 2017 by two brothers Ruud and Pim Feltkamp as an easy way to trade Crypto 24/7. They are from the Netherlands. We don’t know if they have proper trading experience. It’s important for us to understand if they are profitable on the real market or not.
Features of Cryptohopper
The presentation includes the following information about the system and how we should use it to be profitable.
Experience-free trading
- The system can provide us with automatic orders execution.
- It will work for us 24/7.
- The system analyzes the market automatically to spot trading opportunities.
- It doesn’t allow emotions to overtake trading.
- We are allowed to manage our exchange accounts from one place.
- The robot can buy, sell and analyze the markets automatically.
- We can beat the market.
- The advisor will provide us with a passive income that we need.
- Cryptohopper uses pure analysis to drive its trading decisions.
- It’s possible to start trading within three minutes.
- The advisor doesn’t require us to have proper trading experience.
Paper trading
- It’s possible to check strategies without trading real money.
- We can backtest the system before starting trading.
Security
- We can copy trade those signals from the professional traders.
- We can get access to it from anywhere.
- It’s possible to minimize losses, maximize profits and build our crypto portfolio.
- There’s an affiliate program available.
- The signals are generated from third-party professional traders and analysts.
- The system doesn’t have access to withdraw our funds.
Other features
- It can use Dollar Cost Averaging on the bear market.
- It’s possible to create our own bot by using pre-configured bot templates.
- The system can check trend opportunities.
- We can work in both directions.
- The robot is hosted on a cloud service.
- It supports nine exchanges: Huobi, Binance, Poloniex, Bittrex, Coinbase Pro, Kraken, Bitfinex, Kucoin and Cryptopia via their API.
- There are over 130 indicators and candlestick patterns on the board.
- It can work with up to 75 coins at the same time.
- There are trailing features: stop Loss, Stop-Buy, and Stop-Short applied.
- There are no trading fees applied.
Support
The developers provide us with welcome support via email.
Strategies of Cryptohopper
The system can perform various strategies such as trend trading, shorting, cost averaging, etc.
Pricing, fees and commissions
There are four packages available where one of them is free. The free pack includes 20 positions, portfolio management, and manual trading. The Explorer pack for $19.00 monthly includes 7-day free trial, 80 positions, 15 selected coins, 2 triggers, TA with 10 mins interval, 1 trading bot. The Adventurer pack costs $49.00 monthly and includes 200 positions, 50 coins, 5 triggers, exchange arbitrage. The Hero pack costs $99 monthly and it’s featured by 500 positions, 75 coins, 10 triggers, TA with 2 min interval, all coins, market arbitrage, market making, and algorithm intelligence.
Deposit requirements
We have no deposit requirements mentioned.
What exchanges does Cryptohopper support?
The bot supports Huobi, Binance, Poloniex, Bittrex, Coinbase Pro, Kraken, Bitfinex, Kucoin, Cryptopia, and other exchanges.
What languages does Cryptohopper support in their product?
The platform supports only English.
Can you really make money with this bot?
We don’t know this for sure because there are no trading results provided.
Advantages of Cryptohopper
- Paper trading
- Various exchanges were supported
- The presentation looks well-written and features are well-explained
Disadvantages of Cryptohopper
- No team revealed
- No settings list provided
- No backtest reports provided
- The developers don’t reveal trading results to us
Customer support
The developers provide an average level of support.
Cryptohopper runs a profile on Trustpilot. There are 194 reviews written with a 3.6 rate in total. There are many negative reviews provided.
There are many former customers that weren’t satisfied with the service and robot quality.
Who is the Cryptohopper suitable for?
The system looks like a system for bot: beginners and professional traders.
Cryptohopper summary: is it worth going for it?
We don’t know this for sure. The developers don’t provide us with backtest reports or trading results. It’s not possible to know if the system can make profits on a real market or not. The presentation includes various explanations about how the robot works. They support the offer with a 7-day trial. Anyway, the testimonials informed us that the system doesn’t work properly and should be avoided.
