Cryptohopper Review

General information

Cryptohopper is a cryptocurrency trading bot that allows you to trade automatically on different exchanges, all in one place. It was founded in 2017 by two brothers, Ruud and Pim Feltkamp. The company is based in Amsterdam, Netherlands.

The bot can be configured to trade automatically on your behalf, 24/7. You can either use the pre-defined strategies or create your own. There are also advanced settings that allow you to fine-tune your trading. 

Account types

1. Free Account

The free account is the most basic account type offered by Cryptohopper. With a free account, you will have access to all of the basic features of the platform, including technical analysis indicators, backtesting, and paper trading. However, you will be limited to making a maximum of 10 trades per day.

2. Starter Account

The starter account is the next level up from the free account. With a starter account, you will have access to all of the same features as the free account, plus a few additional features, such as trailing stop loss and take profit orders. You will also be able to make up to 25 trades per day.

3. Hero Account

The hero account is the highest level of account offered by Cryptohopper. With a hero account, you will have access to all of the features of the platform, including advanced technical analysis indicators, backtesting with real-time data, and paper trading with real-time data. You will also be able to make an unlimited number of trades per day.

Price

The price of a Cryptohopper subscription depends on the account type you choose. The free account is, of course, free. The starter account costs $19 per month. And the hero account costs $99 per month.

There is also a 7-day trial available for the starter and hero accounts. The trial allows you to test out all of the features of the account before you commit to a subscription.

Features

1. Simple and Intuitive

Cryptohopper is a simple and intuitive platform that is easy to use for both beginner and experienced traders. The platform provides all the tools and features that you need to trade successfully, including technical analysis indicators, backtesting, paper trading, and more.

2. Automated Trading

Cryptohopper offers automated trading, which means that you can set up your trading strategy and the platform will trade for you. This is ideal for those who don't have the time or knowledge to trade manually.

3. Cloud-Based

Cryptohopper is a cloud-based platform, which means that you can access it from anywhere in the world with an internet connection. This makes it very convenient for those who want to trade on the go.

4. Affordable

Cryptohopper is one of the most affordable trading platforms on the market, with plans starting at just $19 per month. This makes it a great option for those on a budget.

5. Excellent Customer Support

Cryptohopper has excellent customer support, with a team of knowledgeable and friendly staff who are always willing to help.

6. 7-Day Trial

Cryptohopper offers a 7-day trial for its starter and hero account plans. This allows you to test out the platform and see if it's right for you before you commit to a subscription.

7. Risk-Free 60-Day Money Back Guarantee

Cryptohopper offers risk-free 60-day money-back guarantee, so you can try the platform without any risk.

8. Referral Program

Cryptohopper has a referral program, which allows you to earn commissions by referring new users to the platform.

9. Beginner-Friendly

Cryptohopper is beginner-friendly, with an easy-to-use platform and simple features that make it perfect for those new to the world of cryptocurrency trading.

10. Wide Range of Cryptocurrencies Supported

Cryptohopper supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Dash, Monero, and more.

Drawbacks

1. Limited Number of Exchanges Supported

Cryptohopper only supports a limited number of exchanges, which may be limiting for some users.

2. No Mobile App

Cryptohopper does not have a mobile app, which may be inconvenient for those who want to trade on the go.

3. High Monthly Fees

The monthly fees for Cryptohopper's starter and hero account plans are on the high side, at $19 and $99 per month, respectively.

4. No Demo Account

Cryptohopper does not offer a demo account, which means that you will have to use a real account with real money to test out the platform. This may be risky for some users.

Bars

Pros/Cons