Cryptohopper Review: Crypto Trading Bot

Cryptohopper Review

What is Cryptohopper

Cryptohopper, a pioneering automated trading bot in the cryptocurrency market, has established itself as a leader since its inception in 2017. Founded by two Dutch brothers, the platform was born from the vision of combining the analytical prowess of a successful day trader with the innovative capabilities of a brilliant engineer. This fusion has resulted in a sophisticated trading solution that simplifies the often complex world of cryptocurrency trading.

At its core, Cryptohopper enables users to automate their trading strategies, allowing both novice and experienced traders to capitalize on market trends without the need for constant monitoring. The bot operates on a cloud-based system, ensuring that trades can be executed 24/7, taking advantage of market fluctuations and opportunities that arise even when the user is offline.

Among its standout features, Cryptohopper offers Copy Bots, which allow users to replicate the trading strategies of successful traders effortlessly. This feature is particularly beneficial for those new to trading, as it provides a way to learn and earn simultaneously. Additionally, the platform integrates Signals, which are alerts or indicators generated by experienced traders or algorithms, guiding users on potential trading opportunities based on market analysis.

The user-friendly interface includes a variety of customizable trading strategies, templates, and technical indicators, catering to different trading styles and risk appetites. Furthermore, Cryptohopper supports multiple exchanges, enhancing its versatility for traders across the globe.

Emphasizing community engagement and education, Cryptohopper offers a marketplace where users can share or purchase trading strategies and signals. This collaborative approach not only fosters a sense of belonging among traders but also enhances their trading knowledge and skills.

Key Features

• Automated Trading: At the core of Cryptohopper’s functionality is its automated trading capability. Users can create and customize trading strategies that execute trades on their behalf, utilizing advanced algorithms to analyze market trends and make informed decisions. This feature allows traders to capitalize on market opportunities 24/7, eliminating the need for constant monitoring.
• Social Trading: Cryptohopper fosters a community-driven environment through its social trading feature. Users can connect with and follow experienced traders, gaining insights and replicating their successful strategies. This collaborative approach empowers less experienced traders to learn from the best, making it easier to navigate the complex world of cryptocurrency.
• Copy Bot: The Copy Bot feature enables traders to automatically replicate the trades of selected experts. This not only saves time but also allows users to benefit from the expertise of seasoned professionals, enhancing their own trading performance without requiring in-depth market knowledge.
• Trailing Orders: With trailing orders, traders can maximize profits by setting dynamic stop-loss levels that adjust as the market price moves. This feature helps to lock in gains while allowing for potential upside.
DCA (Dollar-Cost Averaging): Cryptohopper supports Dollar-Cost Averaging, a strategy that enables traders to invest fixed amounts at regular intervals. This approach minimizes the impact of market volatility and reduces the risk of poor timing, making it an ideal choice for long-term investors.

Pricing Plans

Below is a detailed list of monthly/annual plan prices (source: cryptohopper.com/pricing).

Plan	Packages	Monthly	Annual
Pioneer	Unlimited Copy Bots, plus: 20 open positions / exchange, Portfolio Management, Free manual trading on all exchanges	Free	Free
Explorer	Everything from Pioneer, 80 open positions / exchange, 10 min strategy interval checks, Scan markets with the power of 15 bots, 2 event based triggers, Backtesting, Strategy Designer, Paper (simulated) trading, Trading signals (Signalers)	$29.00 / month	$24.16 / month
Adventurer	Everything from Explorer, 200 open positions / exchange, 5 min strategy interval checks, Scan markets with the power of 50 bots, 5 event based triggers	$69.00/ month	$57.50 / month
Hero	Everything from Adventurer, 500 open positions / exchange, 2 minute strategy interval checks, Scan markets with the, power of 75 bots, 10 event based triggers, A.I. strategies and A.I designer, All coins for trading signals, Market Making & Arbitrage, Extra Technical Indicators	$129.00/ month	$107.50 / month

The above prices may change.

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