Cryptohopper Review: Cryptocurrency Trading Bot Guide

Cryptohopper is a cryptocurrency trading robot designed to help simplify the cryptocurrency trading process and help traders of all experience levels take advantage of their trading opportunities, increase their profits and reduce their chances of losing.

Although a number of cryptocurrency robots are available today, such as 3commas, Cryptohopper seeks to empower traders by providing an easy-to-use and fully functional service that allows users to quickly trade multiple cryptocurrencies while addressing their human vulnerabilities. process.

The semi-automatic shoe guarantees no profit and simply allows traders to execute smarter trades based on algorithmically programmed trading methods and external signals.

Cryptohopper Overview

crypto-hopper review

The Cryptohopper website states that the project was started by two brothers: Ruud Feltkamp and Pim Feltkamp, ​​one soap opera actor became a successful businessman and the other a good web developer.

The two combine their ideas, skills and experience to create a robot that automatically trades for users, operates 24 hours a day, 7 days a week and trades different currencies, while also being compatible with multiple cryptocurrency exchanges through a single application programming interface (API). ). ).

The platform is owned and operated by Cryptohopper BV based in Amsterdam in the Netherlands and the domain cryptohopper.com was registered in July 2017.

The official site sets up a semi-automatic trading shoe that allows traders to remove human tendencies and emotions from the trading process and instead rely on technically based trading algorithms and programmed methods.

Users can also subscribe to external signals, and the manipulative trading solution is targeted at cryptocurrency traders of all levels of experience and informed the team that they have more than 75,000 users.

Cryptohopper is compatible with up to 75 cryptocurrencies and nine major exchanges including Binance, Bitfinex, Bittrex, Coinbase Pro, Cryptopia, Huobi, Kraken, Kucoin and Poloniex.

Cryptohopper Features

Functionality - Cryptohopper works as a web solution and has an easy-to-use and intuitive user interface that includes a wide range of features. Users can configure the robot to operate automatically 24/7 and use algorithmic and social marketing. Business strategies can be obtained according to various technical guidelines or according to the activities of third-party marketing experts.

Semi-automated trading technology takes place through the integration of APIs with various cryptocurrency exchanges, and the service can be used on any device connected to the Internet, such as a desktop computer, laptop, tablet or mobile phone.

Range of tools - The platform offers a good range of trading tools and includes features such as shoe back testing tools, configurable and storable templates, end stops and customizable technical indicators. Users can also rely on indicators such as Stoch, RSI, Bollinger Bands and MACD.

Exchange Integration - Cryptohopper is now compatible with nine exchanges including Binance, Bitfinex, Bittrex, Coinbase Pro, Cryptopia, Huobi, Kraken, Kucoin and Poloniex. Support for BitFlyer, Bitstamp, CEX.IO, Cobinhood and HitBTC is coming soon.

Customer Support - The platform includes a support team that can be used to resolve any issues. Users can contact the team by sending a support ticket in the support section and can also be contacted via their Twitter account, Telegram group and Facebook. help users navigate the platform. In addition, the team also created the Cryptohopper Academy video library. 

How Beginner Friendly is Cryptohopper?

While many trading robots are best suited for more experienced traders, Cryptohopper includes many features aimed at beginners. It includes Hopper Academy, accessible to all members, and gives everyone access to a video library that explains how Cryptohopper works and how best to use the service.

Cryptohopper has also created an active community and it should be very useful for new participants in the cryptocurrency trade. There are active Discord and Telegram groups, plus a special forum for members available in English, French, Spanish, Dutch and Portuguese.

As a result, new users will be able to communicate and learn from more experienced users around the world and constantly learn.

The platform is also designed to be easy to use and does not require any professional programming experience or advanced technical knowledge or skills.

In addition, Cryptohopper allows extensive back-testing, and beginners can easily verify that their configurations are working properly by playing and testing settings.

Users can see how much they once earned and customize their robots to better understand how everyone works while still learning the ropes.

Is Cryptohopper Safe?

The project is very active on social networks and has many users, and new members can also browse Reddit's posts to communicate with previous users and measure general sentiment to the project. .

However, there is limited information on who supports the project, even if the company publishes information about the Dutch company and is registered as Cryptohopper BV, Johan van Hasseltweg 18A 1022 WV, Amsterdam, The Netherlands.

As with all trading bots, users do not have to transfer money to an account managed by bot developers, because bots normally work through an API that allows them to trade on the appropriate exchanges. You must provide your API keys to your preferred exchanges, and these keys give the robot limited access to your account for trading purposes.

In addition, robots will not gain the right to choose, and if data is hacked or compromised, bad actors will not have direct access to your resources. The Cryptohopper team has also established working relationships with some of the industry's leading exchanges, and users can also set up two-factor authentication (2FA) to better secure their accounts. .