Cryptohopper is a versatile crypto scalping bot recognized for its automation and intelligence. In this comprehensive review, we'll explore what Cryptohopper is, its main benefits, key settings, and how it can help you transform your trading strategies.
What Is Cryptohopper Bot?
Cryptohopper is a cryptocurrency trading bot designed to simplify and improve the cryptocurrency trading experience. This tool aims to decrease human errors, increase trading intelligence, and optimize profit generation while minimizing downside risk.
The platform offers a semi-automated approach, aligning trading strategies with algorithmic trading techniques and external signals. Cryptohopper's inception began with the vision of two brothers, Ruud Feltkamp, a former soap opera actor turned successful day trader, and Pim Feltkamp, an expert web developer. Combining their unique expertise, they developed a trading bot that works around the clock, supports multiple cryptocurrencies, and integrates with multiple cryptocurrency exchanges via API Keys.
Headquartered in Amsterdam, the Netherlands, Cryptohopper BV owns and operates the platform. With more than 75,000 users, it has gained a foothold in the crypto community, offering support for up to 75 cryptocurrencies and nine major exchanges, including Binance, Bitfinex, and others.
CScalp recognizes the value of bots, but our primary purpose is to provide you with the skills and knowledge you need to execute live hands-on trading. Bots can be useful in a variety of scenarios, but nothing can replace a person's intuition and quick thinking in a competitive market. Download the free CScalp professional trading terminal and experience trading in a new way.
The platform offers a semi-automated approach, aligning trading strategies with algorithmic trading techniques and external signals. Cryptohopper's inception began with the vision of two brothers, Ruud Feltkamp, a former soap opera actor turned successful day trader, and Pim Feltkamp, an expert web developer. Combining their unique expertise, they developed a trading bot that works around the clock, supports multiple cryptocurrencies, and integrates with multiple cryptocurrency exchanges via API Keys.
Headquartered in Amsterdam, the Netherlands, Cryptohopper BV owns and operates the platform. With more than 75,000 users, it has gained a foothold in the crypto community, offering support for up to 75 cryptocurrencies and nine major exchanges, including Binance, Bitfinex, and others.
CScalp recognizes the value of bots, but our primary purpose is to provide you with the skills and knowledge you need to execute live hands-on trading. Bots can be useful in a variety of scenarios, but nothing can replace a person's intuition and quick thinking in a competitive market. Download the free CScalp professional trading terminal and experience trading in a new way.
Main Benefits of Cryptohopper
Here are the advantages that make Cryptohopper stand out as a tool to improve your trading strategies.
Automation
Cryptohopper operates as a web-based solution, providing an intuitive user interface. This user-friendly platform lets you configure the bot to execute trades automatically 24/7, harnessing both algorithmic and social trading. Whether you prefer technical indicators or insights from third-party trading experts, Cryptohopper has you covered.
Technology
The semi-automated trading takes place through API integration with numerous cryptocurrency exchanges. You can access and control your Cryptohopper bot from any Internet-connected device, including desktops, laptops, tablets, and mobile phones.
Robust Tools
Cryptohopper bot equips traders with an array of powerful tools. These include a bot backtesting tool, customizable templates, trailing stops, and a variety of technical indicators. From Stochastic Oscillator and RSI to Bollinger Bands and MACD, these tools offer insights and options for refining your trading strategies.
Exchange Integration
Cryptohopper currently supports nine exchanges, including Binance, Bitfinex, and Coinbase Pro, among others. The platform's roadmap includes adding support for additional exchanges like BitFlyer, Bitstamp, and more. This broad exchange integration ensures flexibility and a diverse range of trading options.
Responsive Customer Support
Cryptohopper understands the importance of responsive customer support. The platform offers assistance through support tickets, Twitter, Telegram, and Facebook. It also provides comprehensive FAQs and a library of tutorials to assist users in navigating its features.
Cryptohopper Bot Settings
Let's take an in-depth look at what specific settings and tools you can access with Cryptohopper bots.
Mirror Trading
Cryptohopper's marketplace offers both free and paid options for mirror trading. You can replicate the trading strategies of expert traders, purchase templates and strategies, and receive signals for potential investment opportunities.
Paper Trading
Included in every package, paper trading allows you to test new strategies without owning cryptocurrencies or an exchange account. Experiment with up to 100k worth of any cryptocurrency to fine-tune your strategies before implementing them on your live trading bot.
Strategy Designer
Cryptohopper provides a powerful strategy designer with over 130 indicators and candle patterns. Design your technical analysis to receive optimal buy and sell signals. You can visually create your strategy or edit existing ones, test them with Cryptohopper's backtesting tool, and execute
Automatic Trading
At the heart of Cryptohopper's functionality, automatic trading ensures your bot operates 24/7, executing trades based on your predefined strategies and configurations. It analyzes market conditions, buys, and sells cryptocurrencies to maximize profit opportunities.
Trailing Stop Loss
Cryptohopper's tools – Trailing Stop Loss, Trailing Stop Buy, and Trailing Stop Short – empower you to manage risk and secure profits. Whether you want to apply a Stop Loss, buy when an uptrend begins, or close a short position when prices rise, these tools provide valuable options.
Beginner-Friendly Features
Cryptohopper is well-suited for traders of all experience levels, including beginners. Some beginner-friendly features include:
- Hopper Academy: Access a video library that explains how the Cryptohopper bot works and provides guidance on using the service.
- Active Community: Engage with experienced users through Discord, Telegram groups, and a special forum available in multiple languages, including English, French, Spanish, Dutch, and Portuguese.
Cryptohopper Pricing
Cryptohopper offers four pricing plans to cater to different trading needs:
- Pioneer (Free): A free package with a 7-day trial, including 20 positions, portfolio management, and manual trading.
- Explorer ($19/Month): For $19 per month (7-day free trial), you get 80 positions, technical analysis with a 10-minute interval, and one simulated trading bot.
- Adventurer ($49/Month): Priced at $49 per month, this plan offers 200 positions, a 5-minute interval for technical analysis, and one simulated trading bot.
- Hero ($99/Month): The Hero plan at $99 per month includes 500 positions, a 2-minute interval for technical analysis, all coins for signals, market arbitrage, market making, and algorithm intelligence (Beta).
Scalping with Cryptohopper
Scalping is a very popular trading strategy in the cryptocurrency markets. It consists of making numerous small trades to profit from small price fluctuations. Cryptohopper can help you set up specific bots that perfectly suit your needs and strategies. Its 24-hour automated trading is ideal for taking advantage of all market movements, saving you hours in front of the charts.
If you are looking to automate your trading, Cryptohopper bot is a great tool for that. With a wide range of customizable functions, this platform offers great possibilities to improve your strategies. If you wish to create your own scalping bot, read our article: “Python Scalping AutoBot: How to Create a Scalping Bot.”
Remember that even if you choose tools to automate your operations, these do not exempt you from continuing training on your own. Experience CScalp and seize command of your trading journey. To further enrich your trading experience, we invite you to join our Discord server. Your insights, questions, and discussions will be a valuable addition to our growing community.
Learn more: Cryptohopper Algotrading Platform Review
If you are looking to automate your trading, Cryptohopper bot is a great tool for that. With a wide range of customizable functions, this platform offers great possibilities to improve your strategies. If you wish to create your own scalping bot, read our article: “Python Scalping AutoBot: How to Create a Scalping Bot.”
Remember that even if you choose tools to automate your operations, these do not exempt you from continuing training on your own. Experience CScalp and seize command of your trading journey. To further enrich your trading experience, we invite you to join our Discord server. Your insights, questions, and discussions will be a valuable addition to our growing community.
Learn more: Cryptohopper Algotrading Platform Review
