Cryptohopper boasts of an efficient automated system for users. The crypto bots use artificial intelligence to ensure you can work 24/7 and save precious time with the automation method. As per the vendor, you get access to a big suite of tools including the trailing feature that ensures high returns. The platform promises management of all your accounts and transactions from a single interface.
As a platform that promises efficiency and higher returns, this company uses automation for market analysis and transactions. It trades 24/7 and helps restrict the losses and boost your returns. It also helps you to create your portfolio. As per the company info, the platform has a community of 559.814 users.
|Price:||Explorer ($19/month) / Adventure ($49/month)/Hopper ($99/month)|
|Supported Exchanges:||14 exchanges|
The main features of the platform include the following:
- Automatic trading
The robotic management of your trades and portfolio occurs 24/7.
- Exchange arbitrage
Exploit the difference in rates among the pairs or exchanges without the need for fund withdrawal from the exchange.
This feature allows you to trade effectively on the spread.
- Mirror trading
This is a free feature you can use to buy strategies, signals, trade, or templates anonymously.
- Strategy designing
Design approaches that are profitable and based on technical analysis.
- Paper trading
Using this feature you can simulate the process and test the automation. The simulator allows you to test the strategies.
There also are many other tools available to registered users like backtesting, exchanges, trailing stops, etc.
How does it work?
Some of the important aspects of this service that make it competitive are:
The platform allows you to invest in any crypto coin of your choice and gain profits from it. The profits are attributed to the vast range of tools like the trailing feature that allows more profitable order execution.
With support present for 14 major exchanges, the company allows management of all accounts you hold in the various exchanges. The tracking and managing can be done from the user interface of the official site.
With features like DCA, Short selling of coins, triggers, etc. the company ensures you do not lose money due to the market changes. From sending notifications to assuring the safety of your portfolio the vendor provides personalized actions you can use to your benefit.
Supported exchanges for this company include:
- Bitpanda Pro
- Binance US
- Coinbase Pro
How does Cryptohopper stand out?
Crucial features that make the service stand out include its artificial intelligence-powered bots, easy exchange management, and copy trading. With the copy tool, you can discuss your approaches on the internal chat and purchase approaches, and bot templates.
Best for: new and seasoned users
The platform boasts solutions that are focused on individual traders, professionals, and much more. This makes it a viable service for all types of users.
A free package named Pioneer, Explorer/starter package ($19/month), Adventurer package ($49), and the Hero package($99/month) are the different plans present. With the explorer pack, you get a free trial of 7 days. There is no mention of a money-back guarantee which makes us suspect the reliability of the system.
How safe is Cryptohopper?
There are no details present on the security measures used by the company. The lack of info raises doubts regarding the company.
Launched in 2017 by PimFletkamp and Rudd, two Dutch brothers, the company has since covered many major countries. There is no info on the location address and phone number.
Is it a good choice for beginners?
For beginners, the company offers tools like social trading, trailing, DCA, and more which ensure easy and effective use of the platform.