Crypto Hopper Review 2023: Is It A Scam Or Legit?

Cryptocurrencies – A Background

The Bitcoin whitepaper, which explains how a peer-to-peer digital currency works, became viral on October 31, 2008. At a time when the global financial system had collapsed and caused enormous economic harm, decentralisation was an appealing notion. Adoption was initially deferred due to popular scepticism. A customer paid 10,000 bitcoins for two pizzas in 2009, a figure that would be worth millions of dollars now.

By 2010, cryptocurrency exchanges allowed investors to buy and trade Bitcoin. The market capitalization of Bitcoin exceeded $1 billion in 2013, marking yet another significant milestone. The bitcoin market was becoming more active, and investors were taking note.

The pinnacle came in 2017, when Bitcoin’s value surpassed $20,000 for the first time. As a result of Bitcoin’s journey, other new cryptocurrencies have developed, yet the original cryptocurrency continues to hold sway.

CryptoHopper is a tool that assists investors in locating profitable cryptocurrency trading opportunities on exchanges and marketplaces. CryptoHopper assures that you never miss out on market volatility’s opportunities. As a result, we thoroughly examined the platform and are now sharing our results with you.

Crypto Hopper – An Introduction

CryptoHopper is a trading bot for cryptocurrency that is meant to provide assistance to traders of any and all levels of experience maximise their trading prospects, optimise their earnings, and minimise the risk of losing money.

Despite the fact that a multitude of cryptocurrency trading platforms are already available, CryptoHopper focuses on enabling the traders by delivering a simple-to-use, full-featured solution that allows users to trade various cryptocurrencies while eliminating human error from the trading process.

This semi-automated trading bot does not guarantee profits; rather, it enables investors to make better informed decisions using algorithmically designed trading strategies and external indications.

Crypto Hopper – At a Glance

• A free trial is available on the platform. You can begin with monthly subscriptions ranging from $19 to $99 whenever you’re ready.
• PayPal, a wire transfer, and cryptocurrency are all accepted payment methods.
• Binance / Binance US / OKEX /Bitvavo / Coinbase Pro / Bittrex /  KuCoin / Poloniex / Kraken / Bitfinex / Huobi are among the exchanges supported.
• Cloud-based application
• A signal marketplace with both free and paid signals.
• 30+ Indicators and 90+ Candle Patterns are covered by trading strategies.
• This is a semi-automated cryptocurrency trading bot.
• Liquidity is regulated by CySec.
• Withdrawals are available 24 hours a day.
• User and transactional data are protected using 256-bit AES encryption.

CryptoHopper – An Overview

According to the CryptoHopper official site, the platform was founded by the brother duo of Ruud Feltkamp and Pim Feltkamp. One is a successful financial asset trader, while the other is an outstanding developer.

The brothers pooled their concepts, knowledge, and expertise to develop the cryptohopper trading bot that autonomously trades for the customer, operates 24 hours a day, and supports trading a range of currencies. At the same time, the platform uses an Application Programming Interface (API) to connect to a range of cryptocurrency exchanges.

The auto trading bot is hosted on the official site, enabling traders to eliminate human biases and sentiments from the process of trading and rather, depend on automated trading systems and technical trading algorithms.

The controllable trading system is positioned to serve traders with different skill levels, with the claims to have more than 75,000 members.

CryptoHopper supports as many as 75 coins, effectively covering all of them. All major exchanges are also supported, including: 

1. Kraken
2. Cobinhood
3. Bittrex
4. Coinbase Pro
5. Cryptopia
6. Huobi
7. Kucoin
8. Hit BTC
9. CEX IO
10. Binance
11. Poloniex
12. Bitfinex

CryptoHopper – The Feature Packed Trading Bot

Functionality

CryptoHopper is an internet application with a convenient and straightforward UI that comprises a set of features to execute trades. Users may set up the program to autonomously trade 24 hours a day, seven days a week, using social and algorithms trading projections. Trading strategies may be derived using a variety of technological parameters or by emulating the behaviour of other experienced  traders.

Technology

Using auto trade bots and trading signals to do transactions the platform interacts with a number of cryptocurrency exchanges through API, and it can be accessed from any internet-connected device, vis-a-vis computer, tablet, or smartphone.

Variety of Tools

The Cryptohopper marketplace includes a tool for backtesting of parameters, templates that are editable and restorable, trailing stops, and customisable technical indications, among other things. MACD, Bollinger Bands, RSI, and Stoch are examples of indicators that can be used.

Trade More Cryptocurrencies

You can trade practically any cryptocurrency on CryptoHopper with ease. You have the opportunity to trade in cryptos of your choosing with current support of up to 75 currencies. Many rivals are only focused on Bitcoin and Ethereum. You may now add a range of additional digital tokens and currencies to your portfolio to diversify your holdings.

Exchange Integration

Binance, Bitfinex, Bittrex, Coinbase Pro, Cryptopia, Huobi, Kraken, Kucoin, and Poloniex are among the nine exchanges that CryptoHopper supports right now. BitFlyer, Bitstamp, CEX.IO, Cobinhood, and HitBTC will all be supported in the near future.

Various Modes Of Payment

Bank transfer, PayPal, credit or debit card are all available options for funding your CryptoHopper account.

Customer Service

An active support team is provided by the platform to help users with any queries. Users can reach out to the support staff by sending a support request in the Help Section as well as through their Twitter, Telegram, and Facebook accounts.

In addition, the official site has a Support Section with a variety of FAQs and Tutorials to help users understand the platform. The CryptoHopper Academy, a collection of tutorial videos, was also created by the team.

CryptoHopper – The Expert Tools

Dollar Cost Averaging

Dollar Cost Averaging helps you to recover a sunk investment by doubling or tripling your money. By lowering the weighted average price using DCA, you may eliminate any possible baggage.

Triggers

Pay attention to how coins increase and fall, and be on the lookout for early signals of bear markets. Create custom actions, such as alerts and sell orders, to guarantee that your portfolio is protected at all times.

Short selling

To avoid a precipitous decrease, short sell your coins. Follow your coins all the way to the bottom and only purchase them back if they show signs of recovery.

Leverage Trading

With CryptoHopper, you may double your original financial investment by up to 5000 times. This allows you to take out a loan from your broker and pay it back later. If you’re new to leveraged trading, we advise you to be cautious.

CryptoHopper – Account Registration

Make a User Account

To register, either go to the CryptoHopper official site or a third party partner site and fill out the form with your basic information. After that, click the activation link in the email you received to log in to the dashboard.

Account Setup

To effortlessly set up your CryptoHopper account, just follow the instructions. All you have to do now is choose an exchange and using the exchange’s API credentials set up the bot, as well as basic trading parameters. Links to helpful resources and other tutorials are provided at the end of each phase.

At this stage your CryptoHopper account is all ready for usage. You can access a variety of services on the dashboard, upon completing the setup process. You may subscribe to market signals, create templates, and even start backtesting your trades, in addition to enabling two-factor authentication for your account.

Register on the Marketplace for Signallers

Users can subscribe to integrated professional external signals, which are offered by seasoned traders seeking evidence of uptrend movement. With only a few ticks, bots may be trained to follow signallers, and memberships are available for both free and paid.

Signallers may easily get performance information and track their profits. They also use cloud computing along with machine learning algorithms to analyze a range of technical parameters across a number of cryptocurrencies on a regular basis.

You may combine purchase signals with indicators for technical analytics at the same time as you set up stop limits and tail stops.

CryptoHopper – Pricing Plans

All users have the option of enjoying three primary package plans. CryptoHopper, on the other hand, offers a 7-day free trial called the “Pioneer Plan.”

Investors may join up for the service and use it immediately without submitting any financial information. The account is disabled automatically when the trial period expires, and customers can then choose to get a complete membership.

The following are the plans and benefits for anybody who signs up:

Pioneer Plan: 7-day no-risk trial

• 80 available positions
• Maximum of 15 coins selected
• 2 triggers maximum
• TA at 10-minute intervals
• 1 Trading Bot (Simulated)

Explorer: $19 monthly Starter Package

• 80 available positions
• Maximum of 15 coins selected
• 2 triggers maximum
• TA at 10-minute intervals
• 1 Trading Bot (Simulated)

Adventure: $49 monthly Trader Plus Package

• a total of 200 positions
• Maximum of 50 coins selected
• 5 triggers maximum
• TA at 5-minute intervals
• 1 Trading Bot (Simulated)
• Exchange arbitrage

Hero: $99 monthly Pro Trader Package 

• There are 500 positions available
• Maximum of 75 coins selected
• 10 triggers maximum
• TA at 2-minute intervals
• Signals for all coins
• Arbitrage between markets
• Market-Making
• 1 Trading Bot (Simulated)

One may opt to pay by the month or by the year, but traders should take advantage of the trail account before purchasing a membership.

CryptoHopper – Beginner Friendly Platform

Generally, trade bots are created with very active traders in mind. On the contrary CryptoHopper has a variety of features that are geared at beginners. The CryptoHopper Academy, for example, is open to all users and provides access to a collection of video tutorials that teaches the effective usage and detailed workings of CryptoHopper platform.

CryptoHopper also boasts a thriving community, which should be quite beneficial to newcomers in the trading dominions of cryptocurrency. There are interactive open groups on Telegram and Discord, as well as a member-only forum supporting Dutch, Spanish, Portuguese, French and English.

As a natural outcome, inexperienced traders may connect globally with expert traders and gain information to improve their abilities at any time.

The platform is very simple to use, requiring no professional programming background or significant technical abilities.

Furthermore, CryptoHopper supports extensive backtesting, allowing newbies to rapidly discover through experimentation and testing whether their settings are correct or not.

Users may keep track of their previous earnings. This data set aids them in fine-tuning the bots in order to have a better understanding of how it all works while still learning the basics.

CryptoHopper – A Dedicated Marketplace

The CryptoHopper dashboard provides access to the platform’s specialised marketplace. Many trading platforms now have this desirable function. These marketplaces may provide trading strategies to programme the bots, which are sometimes free and sometimes not. This is ideal for novices since it enables you to replicate a strategy developed by more seasoned traders on your own account.

If you’re proficient at developing trading parameters for bots, you may make money by developing and putting your own templates out on the market.

CryptoHopper – Safe & Secure

This platform enjoys active participation on social media with a huge number of users. Any prospective members may explore Reddit postings to engage with previous users and get a sense of how people feel about the project in general.

CryptoHopper BV is a publicly traded corporation based in Amsterdam. Despite the fact that all company information has been made public in accordance with Dutch regulations, there is little information given with regards to people behind the initiative.

Users are not really required to pay money to a bot developer’s account, as is the case with all trading bots, because the bots frequently utilise an API to perform trades on linked exchanges. The API keys created by the connected exchanges must be supplied since they provide the bot limited access to your account for trading purposes.

Furthermore, since the bots are not allowed to withdraw money, fraudsters would not be able to access your cash directly in the case of a hack or data breach. Users may also create a two factor authentication (2FA) to better safeguard their accounts, which the CryptoHopper team has created working connections with some of the industry’s biggest exchanges.

CryptoHopper – A Quick Look

CryptoHopper is a tool that allows you to have a bot execute transactions on your account using trading algorithms. After connecting your CryptoHopper account to a cryptocurrency exchange, you can choose from a variety of profit-making techniques for the bot to use.

Users may simply track their own performance together with signaller reports and subscribe to the top signals using the web dashboard.

Users may also monitor their metrics and trade activity, along with the price movements of over 75 cryptocurrencies. The service is easy to set up and use, and it offers a variety of trading options, including:

• Manual buy and sell
• Reserve funds
• Auto synchronise
• Wallet Scrubber
• Backtesting
• Config pools
• Trailing stop-short
• Triggers
• Shorting
• Dollar Cost Averaging
• Trailing stop-buy
• Trailing stop-loss

Final Conclusion

CryptoHopper was created to give the cryptocurrency community a viable method for making regular earnings. The template and backtesting tools, in addition to a mix of technical analysis and third-party trading gurus or signallers, provide traders more possibilities.

Although CryptoHopper is a trading bot based on complex algorithms, it is simple to set up and operate, making it suitable for both beginners and experienced traders. The team has worked hard to create a user-friendly platform for beginners, and novices may take advantage of substantial educational and community-driven resource areas.

The CryptoHopper Academy video library and multilingual Hopper forum are highly useful for anyone who is still learning how to trade cryptocurrency or utilise trading bots.

Thanks to its comprehensive range of features, general user-friendliness, and support for 75 different cryptocurrencies and nine notable exchanges, CryptoHopper stands out in a market full of competitor trading bots and cryptocurrency management systems.

To be secure, enable two factor authentication on your account, take advantage of the free trial account, and make a small first cash commitment. Connecting the bot to a real trading account with a small amount of capital might also be a good idea, since there will be reduced risk if the signals do not provide the anticipated outcomes or the bot underperforms.

Although trading bots do not have access to withdrawals, malicious operators can utilise a bot’s API access to purchase extremely low-value coins, which are then “pumped and dumped” if the bot is hijacked. This has happened previously, and it’s a security problem that both trading bot developers and bitcoin exchanges must address.

Furthermore, customers have complained that the free third-party signals are of poor quality, particularly in sideways or bearish markets, because the notifications arrive too late, exposing the trading bot to abrupt downturns. As a result, customers should spend time investigating signallers and considering subscribing to more dependable premium signal providers.

With the market starting to heat up, newbie traders may consider using the CryptoHopper platform to familiarise themselves with the markets and learn how to trade cryptocurrencies before the next bull run.

The platform is well suited to assist both novice and seasoned traders, and it has a variety of features that all of its users may take advantage of. We urge that you check them out since they are well-designed, simple to use, and have a great reputation.

Crypto Hopper – Pros & Cons

Crypto Hopper – Frequently Asked Questions