Cryptohopper is an automated cryptocurrency trading robot. Find out how it works today in our review.
What Is Cryptohopper?
Cryptohopper, found online at Cryptohopper.com, makes trades on your behalf using automated trading algorithms. You connect Hopper to a crypto exchange, then choose between strategies. Hopper will implement these strategies and try to make profit on your behalf.
Cryptohopper also emphasizes ease of use: you don’t need professional programming experience or other deep tech skills to use Cryptohopper. If you’ve successfully opened a crypto trading account, then you’ll have no problem using Cryptohopper.
How Does Cryptohopper Work?
You access your Hopper dashboard online, then get a clear view of your trading positions and settings.
From your dashboard, you can read performance reports of signalers and subscribe to the best signals. You can also choose your strategies, adjust them, tell your Hopper how much it can invest in each position, and how much profit you wish to make.
You can also check your trading history, stats, and price movements of all currencies.
Setting up Cryptohopper for the first time is easy. You pay for your subscription online, then link the Hopper to the exchange where your funds are kept, then you’re good to go.
Cryptohopper also has an extensive education and community section. The education section consists of the “Cryptohopper Academy”, which is a library of videos. There’s also the Hopper forum where you can interact with other members of the Hopper community to talk about strategy.
Hopper supports trading on Poloniex, Bittrex, GDAX, and Kraken, although more exchanges will be added in the future. You don’t need to give Cryptohopper any permission to withdraw funds, although you will need to give the platform permission to make trades on your behalf.
Cryptohopper emphasizes all of the following features:
Cryptohopper claims to be the first and only automated trading platform to integrate professional external signals. When configured, your Hopper will automatically buy cryptocurrencies based on these external signals. You can check performance reports to see how accurate the signals have been over time.
As mentioned above, Cryptohopper is designed to be easy to use. Even if you have limited tech skills, you should have no trouble getting Cryptohopper running 24/7.
There’s an online community of Cryptohopper users who share ideas and settings. You can also read tutorials or get support from Cryptohopper’s team.
Cryptohopper has a number of unique strategies available to users. You can adjust the strategy per coin, then tweak the strategy per coin as much as you’d like. If you find that one coin’s price is more emotion-based, for example, then you can adjust your strategy compared to a higher-volume coin like bitcoin, where the price is based on a wide range of factors.
You can backtest your strategies per coin, letting you see how your strategies would have earned money based on the historical movements of that coin.
Select Multiple Coins:
Cryptohopper lets you choose up to 75 coins. You can buy any currency for which there’s an external signal. You can also spread risk by investing in multiple coins.
Cryptohopper comes with a free (“Bunny”) trial month. You don’t need to provide any payment details – you just sign up and you’re good to go. When your trial month is over, your Hopper is automatically disabled, and you can decide if you want to purchase a full subscription from there.
Bunny Adventure Hopper ($19 Per Month)
- 80 positions
- Maximum of 15 selected coins
- Running time every 10 minutes
- “Best effort” support
Hare Advanced Hopper ($49 Per Month)
- 200 positions
- Maximum of 50 selected coins
- Running time every 5 minutes
- Extended support
Kangaraoo Master Hopper ($99 Per Month)
- 500 positions
- Maximum of 75 selected coins
- Running time every 2 minutes
- First line support
With each of these fees, you can pay per month or purchase a whole year. Cryptohopper doesn’t provide any refunds.
Who’s Behind Cryptohopper?
Cryptohopper doesn’t provide any team information online at the official website, and we can’t find any additional information about the developers available online. The company does have a Reddit account with a single post (they responded to a review for Cryptohopper). Cryptohopper also has social media profiles on Twitter, Facebook, and Instagram. Aside from that, however, we have limited information about who’s behind the project.
The Cryptohopper.com domain was registered in July 2017.
Cryptohopper is one of many cryptocurrency trading robots on the market today. The robot makes the same claims as other trading robots: you can easily trade multiple currencies based on signals and algorithms. Cryptohopper doesn’t seem nearly as sleazy as some other crypto trading bots: it doesn’t guarantee profits, for example, or try to dazzle you with promises of easy money. Instead, it simply claims to make intelligent trades based on external signals.
Cryptohopper is currently available through a free one month trial, then priced at $20 to $100 per month after that. It supports Bittrex, GDAX, Kraken, and Poloniex.