Overview
Cryptohopper is an all-in-one crypto trading bot service that provides automated trading solutions alongside social and copy-trading features. Designed for both beginners and advanced traders, it supports 15+ major exchanges, customizable strategies, and cloud-based 24/7 trading.
Key Features
- Automated Trading: Fully/semi-automatic trading with trend recognition.
- Copy Trading: Mirror professional traders’ strategies.
- Custom Strategies: Drag-and-drop strategy builder (no coding required).
- Paper Trading: Test strategies risk-free with simulated funds.
- Supported Exchanges: Binance, Kraken, Coinbase Pro, KuCoin, and more.
Company Background
Founded in 2017 by Dutch brothers Ruud and Pim Feltkamp, Cryptohopper has grown to 160,000+ users. Headquartered in Amsterdam, it operates as a SaaS platform, integrating with exchanges via APIs.
Notable Milestones:
- 2018 rebranding introduced candlestick pattern recognition and paper trading.
- Offers services like social trading, arbitrage tools, and market-making strategies.
Pricing Plans
| Plan | Cost/Month | Features |
|---|---|---|
| Free | $0 | Manual trading, 20 open positions |
| Explorer | $19 | 15 bots, backtesting, signals |
| Adventurer | $49 | 50 bots, 200 positions |
| Hero | $99 | 75 bots, AI strategies, arbitrage |
Unique Features
1. Automated Trading
- Semi-Automatic: User initiates buys; bot handles sells.
- Full-Automatic: Bots execute trades 24/7 using predefined strategies.
2. Copy Trading
- Subscribe to signalers or mirror top traders’ portfolios.
- Performance metrics visible in the marketplace.
3. Strategy Builder
- Combine indicators (RSI, MACD) without coding.
- Test strategies before deployment.
4. Paper Trading
- Simulate trades with virtual funds linked to live exchange data.
Security Measures
- Funds Stay on Exchanges: No direct access to user assets.
- 2FA Support: Google Authenticator/Yubikey.
- AWS Hosting: Encrypted API keys and passwords.
Pros and Cons
✅ Pros
- User-friendly interface.
- 7-day free trial (Hero plan).
- Wide exchange support.
❌ Cons
- Expensive premium plans.
- Profitability depends on market conditions.
FAQ
Q: Is Cryptohopper profitable?
A: No guaranteed profits. Success depends on strategy and market trends.
Q: How secure is Cryptohopper?
A: Funds remain on exchanges; APIs are encrypted with 2FA.
Q: What’s the minimum investment?
A: Varies by exchange (e.g., Binance requires ~$10).
Q: Can I test strategies risk-free?
A: Yes, via paper trading with simulated funds.
👉 Explore advanced trading features
Final Verdict
Cryptohopper excels in automation and social trading but is pricey for casual users. Ideal for those seeking a comprehensive bot solution with robust strategy tools. For alternatives, consider 3Commas or other top crypto bots.
Disclaimer: Trading involves risk. Past performance ≠ future results.