Cryptohopper Automated Bots Review: a Scam or Legit?

Updated 01/12/2021

What Is Cryptohopper cryptobot?

Automated service for buying and selling cryptocurrencies on popular cryptocurrency exchanges with a set of algorithmic and other options available to every trader.

Review Summary

Advantages and disadvantages

Cryptohopper is an automated bot, or rather, a set of bots for buying and selling cryptocurrencies. The service offers more than 50 tools for algotrading and claims to be a leader in the crypto trading industry. The user when working with the site applies different directions, strategies invented by programmers and analysts, new algorithm developments that include exchange and mirror trading, arbitrage, backtesting and more.

Registration on Cryptohopper

Registration on the platform is free and does not take much time. Click on the "Get started" button and fill in special fields in the registration form:

Please note that you need to agree to privacy policy for successful authorization on cryptohopper.com. Here you can also subscribe to the service newsletter. After you fill in all the fields the site will send a registration confirmation form to your email. Then you have to authorize again and you can start to study your personal cabinet.

You can also sign up for Cryptohopper using your Apple, Google, or Facebook accounts.

After registering an account, the site will offer to set up your first trading bot on special prompts:

If all fields are filled correctly, the robot will automatically connect to the exchange and you can start working with Cryptohopper.

The cryptohopper.com trading platform

The interface is very simple, and the trader of any level above zero can easily understand it.The developers of the service assure that the client will find here everything for a positive and profitable cryptocurrency trading, which in time will bring him profit. The company operates with the help of more than 10 crypto exchanges, from which the trader chooses the appropriate one when registering a crypto wallet:

Cryptohopper can be traded on all these exchanges. You can sell or buy cryptocurrencies in automated and manual modes, control every transaction and get a detailed report on it. You can manually adjust the degree of automation of the bot, follow templates or create your own trading strategy. The service for traders has many areas of work with cryptocurrency.

Autotrading

Autotrading performs cryptocurrency transactions 24 hours a day, 365 days a year. A human being, as a living being, cannot physically trade that much - that is the main advantage of the bot. Cryptohopper uses mathematical analysis to make trading decisions. The robot trades all available coins simultaneously, tracking their exact prices and selling as soon as they reach their target profit. A human cannot apply real-time technical analysis to more than one open position, while the bot can do it easily. It is also possible to connect additional functions:

Cryptobot Signals

The cryptohopper.com website has a "Signals" section, which contains a whole catalog with a large selection of signals from different traders. These signals can be both paid and free. Cryptohopper constantly updates information about the signals that brought the most interest from selling cryptocurrency in a day. For better analysis, there is a ranking where the top 10 weekly signals are listed. You can choose for yourself suitable by type of exchange, different sorting conditions, its cost. For additional income you can sell your own signal to enter the market on the site. There is a separate button "Become a Seller" for this purpose.

Pricing

All Cryptohopper services are divided into packages and each of them has its own cost. The service offers a free "Pioneer" package that includes 20 positions, the ability to manage a securities portfolio, manual trading options with the site tools and, importantly - trading with this package is available on all exchanges connected to the site. Please note that you can test a free 7-day version of the package "Explorer", which gives the right to use the automatic bot to sell and buy cryptocurrencies.

Mobile App

The developers of Cryptohopper have created a separate mobile app. It has all the same features as on the website. You can download it from the App Store if you use the iOS operating system or from Play Market if you prefer Android. It is free of charge. Many traders are immediately attracted by its design, which is similar to that of the website. This program has the same set of options and settings and even more, all the sections are adjusted for the convenience of the client, so you shouldn't have any problems with the application.

Deposit and withdrawal

When you register on cryptohopper.com, a wallet in BTC-currency is created for you at once. You can deposit your balance using a lot of e-wallets that specialize in cryptocurrencies. You can see their complete list on the service itself in the "Pricing" section. The payment system of the site accepts not only BTC, but also other cryptocurrencies, which are automatically translated into bitcoin at the optimal rate. Withdrawal of funds is also possible through a personal account to different cryptocurrencies. When you try to withdraw, cryptohopper.com will automatically suggest different options and you will be able to choose the right one for you.

Cryptohopper Minimum Deposit

If you want to test the bot we advise to place £20-40 worth of Bitcoin on your Poloniex account. For optimal results, you can deposit of £300 - on Poloniex or Kraken.

Cryptohopper Summary

Conclusion

Cryptohopper is constantly evolving, upgrading strategies and programs, bots, finding new trends in trading and applying them in practice in real time. Dozens of positive feedbacks from grateful crypto-traders have been written about it.

Latest page updates

1 December 2021 - Added minimum deposit information