Cryptohopper Review: Is it the Best All-Around in 2022?

Want to jump straight to the answer? The best cryptocurrency brokers for traders are Coinbase and Gemini

The #1 Forex Trading Course is Asia Forex Mentor

Starting a multi-billion dollar cryptocurrency arena with no expertise and knowledge is challenging. That is why you need some extra support to start it from scratch. If you are thinking about how you can begin trading cryptocurrency arena, then you are at the right place.

Many trading bot platforms are available nowadays from which you can choose, so check out the Cryptohopper review. The most reliable platform available online in the marketplace is the Cryptohopper. When you are about to start using Cryptohopper to introduce yourself in the world of automatic bot trading, you need to ensure your read this complete guide before.

This guide will talk about everything you need to know to execute trades and how this bought works; it sits pricing, Cryptohopper review, and all other features for the Cryptohopper marketplace.

Cryptohopper Review: What Is Cryptohopper?

Cryptohopper was created back in September 2017 by Ruud Feltkamp. An online trading bot enables all traders to leverage different trading opportunities to execute trades available in the cryptocurrency market. The best feature of this platform is that you can easily automate your transactions by using a mobile phone and the Cryptohopper application for the Cryptohopper marketplace.

This software is handy because it automatically conducts investment analysis and positions trades using the auto trading option. It also scans the entire market, finds the tradable news, and places business using high-frequency and trading strategies. Accuracy of this level is not possible by using manual brainpower. When we talk about semi-automatic trading, this application is beneficial because it suggests an approach from the best Crypto traders worldwide.

The process is also called copy trading, and it is being used a lot globally in Forex and stock trading for investment advice. However, it is essential to know that the users are the ones who are responsible for choosing the trading strategies that they want to use in their account by using the semi-automated method, which is quite beneficial in the long run. An app is available too for investment advice.

How does Cryptohopper work?

Cryptohopper is currently offering entirely automated and semi-automated cryptocurrency trading in the market. You can access the marketplace by using the Cryptohopper dashboard, which is beneficial. Most of the free trial trading platforms have this feature. The experts who are knowledgeable in creating trading bots can use this as a good source of income by selling their free trial templates and using technical analysis. The robot does all the work and Investment analysis.

However, the semi-automated trading bot is also a helpful feature because it researches and provides tradable insights and analytics with technical analysis. Cryptohopper enables trade on margin, and the brokers offer leverage of up to 1:100x. On the other hand, when users utilize the margin trading options, they can easily position more significant trades than the training resources by technical analysis.

For instance, if leverage is 1:100, it will suggest that it is possible to set a trade that is 100 times larger than the money. Multiple bots are suitable for experienced traders with a lot of in-depth knowledge about cryptocurrency and constitute investment advice. Cryptohopper comprises numerous features which are for beginners and also include Hopper Academy. It is available for all the members and enables every user to use the video library, making it very easy to understand how Cryptohopper works for strategy designers.

You can access the library and find out the best methods by which you can utilize this service for your benefit. It is an automatic trading bot that trades for you on your behalf, so you do not have to change by yourself, and it’s done directly by using algorithms. Once you have connected Hopper with the cryptocurrency exchange, you can easily choose the number of methods the board will use to profit you.

What are the Features of Cryptohopper platform?

Let’s discuss the features in detail!

Functionality

Cryptohopper is a web-based solution and provides an easy-to-use interface for the users and strategy designers. A wide variety of functions are available on the platform of Cryptohopper, and users can configure this bot to trade automatically 24/7. It is easy to use social trading and algorithmic option, and trading strategies can be done by technical indicators or by third-party trading experts.

Range of Tools

This platform offers a wide variety of trading options, and it also comprises different features, including a bot backtesting tool and savable templates, and customizable technical indicators. The user can depend only on the indicators, including Stoch, RSI, Bollinger Bands, and MACD.

Exchange Integration

This platform of 1 simulated trading bot and Cryptohopper bot is compatible with nine cryptocurrency exchanges, including Binance, Coinbase Pro, Bitfinex, Bittrex, Cryptopia, Huobi, Kraken, Kucoin, and Poloniex.

Customer Support

This platform has outstanding customer supports that is available to resolve any queries and issues of the users. If you are a user of this platform, you can quickly contact their support team, and all you need to do is submit a support ticket in the support section on their website. You can also contact them by using your Twitter account or the Facebook page. And FAQ section is available on their website along with Cryptohopper pricing, which can be very helpful for you and solve your question without having to connect with them in the first place.

You can find the FAQ section in the support section of their website, and a lot of tutorials are also available to guide you and navigating through the platform if you are a beginner. On the other hand, their team has a combined Cryptohopper Academy video library that contains all the videos to get you through this platform for more experienced traders.

Cryptohopper Market Arbitrage Tool

Arbitrage is a method in which you purchase an asset in one market and then sell it on another Marketplace. You can make a profile because the price difference of the investment in these markets can vary. If you do this process correctly for significant exchanges, it can be very lucrative and beneficial for you because there is a lot of price difference between the exchanges.

Cryptohopper gives you all the right tools and resources that you need to begin this trading process by yourself. It has two types of arbitrage:

Exchange Arbitrage

The price between different exchanges is different, but it depends upon the demand and supply. If you are looking forward to exchanging in exchange arbitrage, you need to have the coins in your position, which you are looking forward to arbitrage. If your base currency is United States dollars and you have glanced that IOTA, ATOM, and ADA will provide you more opportunities in the exchanges. Then you will need to have these coins in your position beforehand.

Market Arbitrage

The market arbitrage bot Looks for all the inefficiencies in the market but in a single exchange. This process exploits the price discrepancies present between the currencies listed on the exchange you are using. It also executes three variable trades to increase the sum of the selected base coin. It is the most efficient method available in the market with a low trading volume.

Cryptohopper Mirror Trading

It is free to use and enables users to buy templates and strategies. You can also purchase Signals and trade autonomously. This platform is beneficial because it currently offers a Marketplace for the users to perform efficiently. The best part is that you do not need to follow the cell signal that they are sending. You can do this. Why semi copying a trader.

The stop-loss option is available to protect the users from the process, and the trailing stop loss option is available to help you sell it right at the moment to avoid any loss. The templates available are pre-configured, and their help you choose the settings. If you are looking for more control, then packages will algorithms are available that can help the entire market for you. It is possible to backtest these methods and find out whether they are performing well in the current market or not.

Cryptohopper Pricing and Commissions?

Free pricing plans are available for Cryptohopper, and there are also giving the option of a free trial for seven days. It is known as the Pioneer plan, and the users can quickly sign up for it.

Once the users have signed up can quickly start using this service, and they will not have to submit any payment details. When the trial month ends, the crypto hopper will automatically be disabled, and users will purchase a full subscription.

The Explorer kit comprises one simulated trading bot along with 80 different locations. However, there is a limit of 15 selected coins. If you want to get access to this type, you will have to pay $19 per month.

The Adventurer kit is the middle account containing all the features available in the previous package we have discussed. In addition to that, you will get access to 50 additional coins along with five maximum triggers. You will also get trade arbitrage, and you are expected to pay $49 every month to access all the features included in this package.

The Hero Kit will give you access to all the features available in the previous package, along with an additional 75 coins and ten prompts. You will also access 500 places at once and all the advanced features with technical research functionality. This package is available for $99 a month.