Cryptohopper Review: Is This Crypto Trading Bot Right for You?

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Automated cryptocurrency trading has surged in popularity, especially among traders seeking efficiency and precision without constant screen time. One platform consistently mentioned in this space is Cryptohopper—a cloud-based trading bot designed to automate buy and sell decisions across multiple exchanges. Whether you're new to crypto trading or a seasoned investor looking to scale your strategy, Cryptohopper offers tools that promise flexibility, ease of use, and 24/7 market execution.

This in-depth review explores how Cryptohopper works, its core features, pricing structure, compatibility, and whether it lives up to the hype—without oversimplifying risks or omitting key details.

What Is Cryptohopper?

Cryptohopper is an automated cryptocurrency trading bot platform launched in 2017. It enables users to create, test, and deploy trading bots that execute trades based on predefined conditions. Unlike fully AI-driven systems, Cryptohopper operates as a semi-automated bot, meaning its success depends heavily on the quality of strategies programmed by the user.

With over 140,000 users reportedly using the platform, Cryptohopper supports integration with major exchanges such as Binance, Coinbase Pro, Kraken, and KuCoin. This broad exchange compatibility ensures access to high liquidity markets, essential for timely trade execution.

👉 Discover how automated trading can work for your strategy today.

The platform caters to both beginners and advanced traders. Beginners can leverage pre-built strategies from the marketplace, while experienced traders can design custom bots using technical indicators and logic-based triggers—all without writing a single line of code.

How Does Cryptohopper’s Trading Bot Work?

At its core, Cryptohopper functions on an IF/THEN logic system—similar to conditional statements in spreadsheets. You define market conditions (the "IF"), and the bot executes actions (the "THEN") when those conditions are met.

For example:

This automation removes emotional decision-making from trading—a common pitfall for retail investors during volatile market swings. Instead, every action follows your pre-set rules consistently and instantly.

Because the bot runs in the cloud, it operates 24/7—even when you’re offline. This is particularly useful for strategies like swing trading or scalping, where timing is critical.

However, it's crucial to understand: the bot only performs as well as your strategy allows. A poorly designed bot can lead to losses just as quickly as manual errors.

Key Features of Cryptohopper

Market Condition Adaptability

Cryptohopper adjusts to different market environments:

Dollar-Cost Averaging (DCA)

Ideal for long-term investors, DCA lets bots purchase more of an asset at regular intervals or after specific price drops (e.g., every 5% decline). This reduces average entry costs over time.

Drag-and-Drop Bot Builder

No coding skills? No problem. Cryptohopper’s intuitive interface allows you to build complex strategies by dragging indicators and setting conditions visually. Simply select a trigger (like RSI crossing below 30), choose an action (buy), and configure volume and timing.

Technical Analysis Integration

Over 130 technical indicators are available, including:

These allow advanced users to incorporate sophisticated strategies directly into their bots.

Backtesting & Strategy Validation

Before risking real funds, test your bot against historical data. The Strategy Tester shows performance metrics like win rate, profit factor, and drawdown—helping refine logic before going live.

👉 See how backtesting could improve your next trade setup.

Using the Cryptohopper Marketplace

One standout feature is the Marketplace, where users share or sell pre-built trading strategies. These range from simple scalping bots to complex multi-indicator systems.

You can:

While convenient, remember: past performance ≠ future results. Always verify a bot’s logic and test it yourself before deployment.

Also, using someone else’s strategy means trusting their risk management approach—which may not align with yours.

How Trading Execution Works

Cryptohopper does not hold your funds. All trades occur through your connected exchange account via API keys. This means:

  1. You fund your exchange account (e.g., Binance) directly.
  2. Generate API keys with trading permissions.
  3. Link those keys securely to Cryptohopper.

Once linked, the bot sends trade signals to your exchange in real time. You retain full control—revoking API access instantly stops all activity.

Security tip: Always restrict API key permissions to “trade only” and disable withdrawal rights.

Supported Exchanges and Cryptocurrencies

As of now, Cryptohopper integrates with 8 major exchanges:

This covers most high-volume trading pairs globally.

The platform supports trading across 75 cryptocurrencies, including:

Smaller altcoins with low liquidity are excluded to ensure reliable execution.

Pricing Plans: Which Tier Is Right for You?

Cryptohopper offers three subscription tiers:

PlanPrice/monthMax PositionsCoinsTriggersUpdate Interval
Explorer Hopper$198015210 minutes
Adventure Hopper$492005055 minutes
Hero Hopper$9950075102 minutes

Higher tiers unlock:

All plans include a 7-day free trial—no credit card required—letting you explore the Explorer tier risk-free.

Payment options include PayPal and multiple cryptocurrencies (BTC, ETH, LTC, XRP, etc.).

Customer Support and User Feedback

Support is available via email ([email protected]) and a contact form. There’s no live chat or phone support, which may frustrate users needing urgent help.

On third-party review platforms like Trustpilot, Cryptohopper has mixed ratings—partly due to unrealistic expectations about profitability. Many negative reviews stem from losses incurred using marketplace bots, underscoring the importance of due diligence.

Technically, the platform performs reliably: bots execute as programmed, and downtime is rare.

Frequently Asked Questions (FAQ)

Q: Can I lose money using Cryptohopper?
A: Yes. The bot follows your rules exactly—even if they result in losses. Poor strategy design or sudden market shifts can lead to negative outcomes.

Q: Do I need coding experience to use it?
A: No. The drag-and-drop interface makes bot creation accessible to non-developers.

Q: Is my money safe on Cryptohopper?
A: Your funds stay on your exchange account. Cryptohopper only accesses trading functions via secure API keys.

Q: Can I run multiple bots at once?
A: Yes. Depending on your plan, you can manage dozens or hundreds of simultaneous strategies.

Q: Does Cryptohopper offer mobile access?
A: Yes. The platform has a mobile app (iOS and Android) for monitoring and managing bots on the go.

Q: Are there hidden fees beyond the monthly subscription?
A: No. The only cost is the subscription fee. Exchange trading fees still apply but are standard.

Final Verdict: Who Should Use Cryptohopper?

Cryptohopper shines for:

Its drag-and-drop builder, backtesting suite, and marketplace make it one of the most user-friendly crypto bot platforms available.

That said, success isn’t guaranteed. Like any tool, results depend on how well you use it.

👉 Start refining your own automated strategy with powerful tools at your fingertips.

If you're serious about systematic crypto trading—and willing to learn—the combination of accessibility, functionality, and scalability makes Cryptohopper a strong contender in the automated trading space.

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