Cryptohopper Review 2020 Is Cryptohopper Automated Trading System Legit or Scam

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Cryptohopper Review: Scam or Legit? The Results Revealed!

Last Updated: 07 January 2020

Cryptohopper is a famous trading robot launched in 2020. This robot is said to be highly profitable, with a claimed daily return of up to 20%. Moreover, it is fully automated, making it suitable for complete beginners. Cryptohopper claims that with just a deposit of $250, you can start earning big money online through their app. But is Cryptohopper a scam or is it as profitable as it is said to be?

In this review, you will find evidence that Cryptohopper is legit and also tips to help you make the most of this robot. But before we can go any further, it is essential to note that there is a significant risk in trading with robots. It is therefore advisable that you only trade with an amount you can afford to lose.

  • Robot
  • Rating
  • Features
  • Trade
  • 88% Win Rate – Not a Scam
  • $250 Min Deposit
  • Accepts credit card and Sofort

Is Cryptohopper Legit?

    InsideBitcoins appears legit and their platform is fully active and working. Cryptohopper has a good reputation, the majority of online reviews claim out that this robot is profitable Cryptohopper customer service is excellent This robot seems trustworthy : the information on their website is verifiable and accurate The platform is secure and they are GDPR compliant

From the above metrics, we find Cryptohopper legit. This robot is similar to Bitcoin Trader, another fully auto robot. Read our Bitcoin Trader review for an alternative or click here to see top bitcoin robots for 2020.

What is Cryptohopper?

Before we look at what Cryptohopper is, it is essential to note that you do not need to understand trading jargon to use this robot. All you need is to follow the guidelines provided to set up their web-trader and click live trading to start trading.

Cryptohopper is a trading robot that claims to allow traders to capitalize on trading opportunities in the crypto markets. The software enables both automatic and semi-automatic trading. In auto trading, the app carries out investment research and automatically places trades. The Cryptohopper app applies high-frequency strategies to scan the markets for tradable news and place trades.

When it comes to semi-automated trading, this software is said to copy strategies of the best crypto traders and recommend them to users. This approach is known as copy trading and is popular in forex and stock trading. With the semi-automated approach, users are responsible for determining which trading strategies to apply in their accounts.

InsideBitcoins investigations reveal that Cryptohopper algorithms are highly powerful. We did a live test and confirmed that it is real. Click here to open an account now or keep reading for more information.

How does Cryptohopper work?

As mentioned earlier, Cryptohopper provides both fully automated and semi-automated crypto trading. Fully automated trading involves the robot carrying out all the investment research and placing trades automatically. Semi-automated trading, on the other hand, consists of the trading bot carrying out research and delivering tradable insights to the user.

We can confirm that Cryptohopper provides high-quality trading signals to traders. These signals are sourced from the best of crypto traders and recommended to users to apply in their accounts. This method is known as copy trading and is popular in forex and stock trading.

Also worth noting, Cryptohopper trades on margin with most of its brokers providing leverage of up to 1:500. High leverage means that you can place trades bigger than your trading capital. For instance, a leverage of 1:500 means that you can place a trade that is 500 times bigger than your capital. Consequently, Cryptohopper claims that your profits will multiply to that level. The same thing happens to losses meaning that there is a high chance of your trading account going into negative. When trading on margin, never deposit an amount you cannot afford to lose.

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Who is the founder of Cryptohopper?

According to Crunchbase, Cryptohopper was founded in Sep 2020, by Ruud Feltkamp. InsideBitcoins Investigations reveal that Ruud Feltkamp is a real person. He is a well-known quant with a product portfolio worth billions of dollars and he claims that Cryptohopper is one of his most successful products. Further online research reveals that this person is popular in the tech and trading industry. He features in various platforms as a guru crypto trader and an early investor of Bitcoin. Moreover, he did not found Cryptohopper alone. He was helped by his brother, who is also a software engineer and trader.

How to register with Cryptohopper

The registration process with Cryptohopper is secure and straightforward. We took less than ten minutes to open an account and start trading. Below is a step by step guide on how to get started with this robot.

It is important to note that this robot is only available in countries where it has a regulated broker. Try the signup process here to determine if it is available in your country.

STEP ONE: Registration

The first step to creating an account with Cryptohopper is to fill the form provided on their homepage. InsideBitcoins determines an excellent signup process by the amount of personal data collected and how the robot safeguards this data. A great signup process should be easy and fully secure.

We find the signup process with Cryptohopper to be easy and fully secure. Users must submit their full names, email address, and agree to the robots terms of use. This step also involves creating a password and opting in or out of their mailing list. Users must verify their email address to continue.

The best signup practices take only the necessary user details and provide an option to opt-in or out of the providers’ mailing list. A right provider should never share clients’ details, including contacts with third parties. Also, they should protect users’ data by ensuring that their website is fully secure.

Cryptohopper is GDPR compliant and therefore has all measures in place to safeguard its clients. We can also confirm that their partner brokers have proper regulation and are highly professional. The majority are under CySEC, ASIC, and the FCA.

STEP TWO: DEPOSIT

After registration, you need to deposit a minimum trading capital of $250 to start trading. Cryptohopper accepts deposits through Visa, Master Card, Wire Transfer, and over 70 cryptocurrencies.

Deposits take a few minutes to reflect on a trader’s account and the deposit process is fully secure.

STEP THREE: Demo Trading

After depositomg, you will be redirected to the trading dashboard where you can choose to start with backtesting or demo trading. The demo trading account requires you to select a trading strategy and set stop loss and take profit functions.

Backtesting uses historical data and is therefore not reflective of what you will make in live trading. We suggest that you start with the demo account before going to live trading.

STEP FOUR: Live Trading

As mentioned earlier, Cryptohopper offers both full auto and semi-auto trading. Full automation involves the robot doing all investment research and trading. On the other hand, partially automated trading consists of the app gathering tradable insights and recommending them to the user for execution.

InsidBitcoins research reveals that Cryptohopper trading technologies are the latest in the industry. For instance, this platform uses AI, Machine Learning, and Natural Language Processing to trade news. It also has the potential to analyze thousands of charts within a microsecond and execute trades. This, according to Cryptohopper, is what makes their app highly profitable.

Is Cryptohopper legit? The Verdict!

Cryptohopper appears to be a legit trading robot. Our investigation finds this robot to be real (it does trade automatically on your behalf), transparent, and user-friendly. Furthermore, we can confirm that all their partner brokers have proper regulation.

When it comes to withdrawals, this robot allows traders to withdraw their money whenever they want. Our test shows that all transactions through Cryptohopper take a maximum of 48 hours to be processed. We have also determined that this robot customer service is readily available, knowledgeable, and friendly.

User testimonials show that many investors have made daily profits of $100 from a deposit of $250. Click the trade now button in the table below to start trading with this robot.

Remember that trading with automated robots, including Cryptohopper, carries risk. Please do not invest more than you can afford to lose.

Is Cryptohopper legit?

InsideBitcoins investigation reveals that this trading robot is legit.

How much can I make with Cryptohopper?

The earning potential with Cryptohopper is endless. According to Cryptohopper, your earnings with this robot depend on your invested capital. This robot claims to generate a daily profit of up to 20%.

How much should I deposit with Cryptohopper?

The minimum deposit with Cryptohopper is $250. We recommend that you start with this amount only and grow your account by plowing back your profits.

Can I withdraw my profits from Cryptohopper?

Yes! Cryptohopper allows you to withdraw your money whenever you want. Fill a withdrawal request form, and your funds will reflect in your bank account within 48 hours.

Cryptohopper Review – Is This A Leading Crypto Trading Bot?

Cryptohopper Reviews – Is Cryptohopper a Scam or a Legit Trading Software?

These digital coins have given investors worldwide the opportunity to become millionaires by simply trading cryptos online. With the emergence of digital currencies, many software developers have quickly jumped on board to provide investors with solutions to trading cryptos effectively.

  • While some products have really given both new and experienced traders the tools required to profit from cryptocurrencies, others are simply a way to scam people out of their hard-earned cash.
  • Over the last few years, we have had the opportunity to test a variety of products and today, we will review Cryptohopper in depth to understand if it delivers as promised.
  • From the moment you enter the Cryptohopper site, you are immediately bombarded with a large amount of information informing you that this trading bot will enable one to trade cryptos automatically, 24/7, based on one’s preferred technical indicators or you even have the choice to sign up to one of the company’s trading signal providers and trade manually .

There is also a section on all the features offered by Cryptohopper as well as the choice of exchanges you can connect to in order to trade. They also offer a variety of plans at different costs based on one’s personal trading preferences and requirements.

Let us explore Cryptohopper in more detail.

Understanding Cryptohopper

As we have said, Cryptohopper is a trading bot that enables you to trade a variety of cryptos either automatically or manually. On the homepage, you can access a video that does not provide much information except for a short review on what Cryptohopper is and does.

When we compare this to other crypto trading software, we noticed that other crypto software, such as Algo Signals, provides more detailed information in their introductory video, giving you a much clearer understanding of what the software offers and how it works.

We move on now to the Strategy Designer feature that Cryptohopper offers. If you are new to the online world of crypto trading, this feature would not be of any value as you would need a broad understanding of indicators and candlestick patterns in order to use the software effectively.

When compared to Algo Signals, Cryptohopper seems to be tailored for professional traders. Algo Signals, on the other hand, is tailored for both new and advanced traders and this software does all the analysis for you and provides you with trading signals of which cryptocurrency to trade and when.

That being said, Algo Signals also allows on to customize the platform based on one’s trading preferences. You can customize and set the preferred probability for the trading signals you will receive, putting you in full control of your trading experience.

Demo Trading – Practice Before You Step into the Trading Arena

Cryptohopper offers a paper trading feature, which is an account that you can trade on without owning any cryptocurrencies or an exchange account. This allows one to learn how to trade and use the software and other features, without taking any risks.

The site provides you with a wealth of resources on how to set up your paper account but they also make it clear that configuring your Hopper does not guarantee any profits. A trader needs to have a clear understanding of market conditions in order to profit with Cryptohopper.

In comparison, Algo Signals also offers a demo trading account that allows you to practice trading and view their features in action. This account is much simpler to set up, access and use, making cryptocurrency trading far more accessible to both new and advanced traders.

Trading Platform

A big difference between Cryptohopper and Algo Signals is the trading platform. Cryptohopper gives traders access to register with a wide choice of exchanges so they can trade cryptos. These include, for example, Binance, KuCoin, Coinbase and many more.

By signing up with an exchange, you will be required to reveal your API keys to a third party and then you can access their trading platform in order to trade. We liked the fact that Algo Signals has done the work for you and offers access to a choice of reputable brokers that offer an all-inclusive trading environment, which includes an innovative trading platform, a choice of effective trading tools, secure banking options and professional customer support.

Trading Signals

Okay, so this is where we can really separate a leading software product from those that are in this business to make money . If you choose to opt for trading signals with Cryptohopper, you will need to select one of their signals plans. Here you can choose between their Free Hopper Trial account for 7 days, their Explorer Hopper starter plan for $19 per month, the Adventure Hopper medium plan for $49 per month and the Hero Hopper pro plan for $99 per month.

Each account type is tailored to offer a variety of features, such as the number of positions one can open, the maximum crypto coins one can trade, technical analysis and the number of signals you will receive.

With Algo Signals, the process is a lot simpler. The software is available free of charge, there are no plans that one can sign up for. The only financial commitment one needs to make is to pay $250 to the selected broker. This money, however, is used as trading capital and it belongs to the trader. The other advantage is that once a trader wants to withdraw their funds, the process is seamless and easy to do.

Shorting

One of the features that Cryptohopper offers is the ability to short sell one’s cryptocurrencies. This means that even if the price of cryptos rises or falls, you can still trade and profit. You can also create a stop-loss order on your trades, which will then automatically sell the digital coins when the price starts to fall. This protects traders from selling too early and allows one to maximize profits.

In comparison to Algo Signals, shorting cryptos is beneficial as it allows you to profit irrespective of the direction of the market movements. What we liked about Algo Signals is that you are trading crypto CFDs (Contracts for Difference), which means you are not actually buying and selling digital currencies. You are simply making a prediction regarding the direction the price of the cryptos will move. Here you can also make a profit even if the price of your preferred crypto is moving up or down.

Mirror Trading

One of the features that Cryptohopper offers is Mirror Trading. Once you have signed up and joined the Marketplace, you can then mirror or copy a pro trader and open and close trades based on the trader’s strategy. While this mirror trading feature is free to use, you will need to buy the templates, signals or strategies and you can then trade manually. Cryptohopper also offers Indicator Cheat Sheets. These are professional grade strategies which have been created from advanced indicators and they are designed and tested by approved traders.

  • These strategies are a collection of technical indicators that a trader has selected and it creates an outline of parameters which will dictate a trader’s buying and selling decisions while using Cryptohopper.
  • It is important to note that these cheat sheets do not include the other aspects that may guide the hoppers trading, and this includes one’s preferred cryptocurrencies or any additional trading tools.
  • In other words, these indicator cheat sheets are market analysis that gives you insight into the market and the expected future movements.
  • While this is a beneficial feature, especially for advanced traders who understand what to look out for in market movements, it might be too advanced for new traders.
  • With Algo Signals, the brokers they have selected offer comprehensive education centers as well as daily market analysis that is simple to understand and grasp.

Now, we are not saying that Algo Signals is necessarily better than Cryptohopper. Instead, what we are saying, is the software that you choose needs to meet your trading needs and preferences. If you are new to the world of cryptocurrency trading, signing up to a software and paying money for features you do not understand, is simply a waste of money. We recommend taking the time to view the different software and to carefully evaluate the features on offer and how these can boost your trading success.

Is There a Cryptohopper Scam or Is It Safe?

The ability to trade in a secure trading environment without worrying about the safety of your funds and the security of your personal information is vital if you are to trade successfully. We went online and searched the Internet for other reviews and found some reviews warning about the use of While we understand that a lot of negative reviews exist online and are placed there by competitors, we took this opportunity to try out the software for ourselves.

  • We have reviewed many software products in the crypto market and we found Cryptohopper to be a little complicated.
  • While we understand that this trading bot can be tailored exactly to meet your trading requirements, this is definitely not a ‘plug and play’ product and it required a lot of reading and understanding when it came to configuring the software so we could trade.
  • We were stuck in many cases, such as which exchange to sign up to and which indicators to use.
  • While the site offers a lot of documentation and tutorials online, it was sometimes quite frustrating to go through the entire learning process when all we really wanted to do is trade cryptocurrencies.
  • In comparison, with the Algo Signals software, the process is a lot simpler.
  • Once you have signed up and selected the broker, the Algo Signals can be automated to make trades for you.
  • If you wish, you can also trade manually, putting you in full control of your trading activities.

The Algo Signals algorithm does all the work for you – it will analyze the markets and will even make the trades for you. This software also offers live data streaming, which gives a trader real-time access to the latest market changes. With this vital information, you can then adjust the trading features to meet the current market conditions. It is easy to fully customize the trading process with Algo Signals.

How Do I Join?

On the Cryptohopper website, they provide 3 easy steps to getting started as follows:

1. You need to start by selecting which exchange you would like to trade with, such as Cryptopia, Binance, Bittrex and many others. The site offers tutorials on how to get started for all the exchanges. In terms of which exchange to use, I assume this is a personal choice.

2. Once you have signed up at an exchange, you then need to open a Cryptohopper account. Here you will need to provide some basic information and once your account is approved and opened, you can access the hopper dashboard. Now this is where things got complicated for us.

It states on the Cryptohopper site that from the dashboard, a trader can create as many Hoppers as one would like yet these Hoppers require a separate subscription and trades on the exchange account you have selected. The learning process took us awhile here.

You now need to select a template that corresponds with the exchange you have picked. You also have the option to create a trading template from scratch. Once your Hopper is created, you then need to go to the config tab, and you need to copy the public and private API key from your exchange account and paste it in your configuration and save your selection.

3. The final step requires you to configure your Hopper. The basic template that is provided does comes with example settings, but as Cryptohopper warns, this example does not guarantee any profits. One needs to configure their Hopper based on the market conditions and to make the necessary changes as the market conditions change.

The hopper that one creates can buy crypto coins for you or you have the choice of subscribing to a signaler, who will send signals for your hopper to buy. You can also base the trading process on technical analysis and this can be done by purchasing strategies on the marketplace, or you can configure them yourself.

The success of using Cryptohopper really comes from doing your homework – and a lot of it. You should read the forum and the all the tutorials provided online to get an understanding of how the software works and how it can help you to trade cryptocurrencies in the markets.In comparison, the sign up process with Algo Signals is a lot simpler. Once you have provided some basic information, your account is opened. You then simply select your preferred broker and you can start trading.

Crypto-Hopper or Algo-Signals?

While we found Cryptohopper to be a little complicated to use and to understand, it is evident that this software and its many features work for some traders. Below we have provided a comparison table of the features we reviewed and how these features worked for us.

Remember, that trading is a personal activity and one needs to choose the right trading tools that will help them achieve their trading goals effectively.

Cryptohopper Algo Signals
This software offers a variety of plans with the most expensive being $99 per month. Algo Signals does not charge any fees and they do not offer any trading plans. You simply need to deposit $250 into your selected broker’s account so you can trade with this capital.

Strategies

You can purchase strategies and templates from Cryptohopper, or you can create your own trading strategies. The broker you select to trade with will provide you with a choice of trading tools and market analysis to enable you to trade effectively.

Automated Trading

You can trade automatically using the Cryptohopper bot. You can trade automatically using the Algo Signals trading software.

Straight Forward

If you have no previous experience, it can be quite complicated to create your Cryptohopper account, register with an exchange and create your trading template. The trading process is straight forward. Once you have registered with Algo Signals and signed up with your preferred broker, you can start trading cryptos immediately and automatically based on the signals provided.

Demo Account

Paper trading is available, so you are able to simulate trading activities. A demo trading account is available so you can test the features and tools before making a trade with real money.

Customer Support

Customer support is available, if required. Customer support is available, if required.

Trading Platform

You need to register at one of the exchanges before you can trade. Select one of the preferred brokers and start trading.

Bottom Line

It really goes without saying that we live in a world full of scams and there are many products and software services that do not deliver as promised. While Cryptohopper offers all the features and tools one would need to trade cryptocurrencies effectively,

we feel that this product caters a lot more to experienced traders. The reason for this is that the templates and strategies that one can buy from Cryptohopper require some understanding of the markets before one can configure their trading template.

As we have said before, the software you choose is a personal choice and while Cryptohopper offers an all-inclusive solution, Algo Signals was a lot easier for us to use and to get started in trading cryptocurrencies in the markets.

Pretty! This was an incredibly wonderful article.
Thank you for providing this information.

Cryptohopper Review : Is Crypto Hopper Trading Bot Scam?

Check out my Cryptohopper review to learn all about the brains behind Crypto Hopper, how you can make money, and whether this site is a scam or not!When you’re taking your first step into the world of cryptocurrency trading, it can be hard to know who to trust. For companies like Cryptohopper, sometimes these advertisements seem too good to be true. To save you a bit of time, I wanted to share my experiences with the website, and hopefully, help a few beginners know whether this bot is the one for them. While there are a variety of bots available online, Cryptohopper is quickly becoming one of the most popular options for beginners and veterans alike. Once you start looking into it, it’s not hard to see why.

Cryptohopper Review :- The Automatic Cryptocurrency Trading System Explained !!

Entering the marketplace in the summer of 2020, Cryptohopper is a sophisticated trading bot, operating with multiple cryptocurrency exchanges. This review found that Cryptohopper operates based on algorithms created by experts, although it can be manipulated to be a more tailored trading system. After making an account, all you’ll have to do is select your crypto exchange and then simply choose your strategy. The bot and accompanying system has been developed with ease of use in mind, making it pretty usable for even beginners in the industry.

The Cryptohopper Team – Developers Behind The System

The Cryptohopper actually has a pretty interesting backstory. It was started by two brothers — one a day trader and one a web developer — who were determined to create a competent trading bot. After a few prototypes, the pair had created Cryptohopper review system. Although originally designed for personal use, the two brothers recognized the demand for this type of bot, leading to www.cryptohopper.com being released to the public.

Key Features Of The Crypto Hopper Review System

Apart from their intuitive and unique design, the Cryptohopper Review system actually has a wide variety of features that set it apart from the competition. In completing my review, I’m thoroughly impressed with the bot, although these additional benefits are enough to sway anyone on the fence. Check out some of the detailed features below:

Cryptohopper External Signals: One of the things that make Cryptohopper so unique is its ability to use external signals to maximize your earning potential. After setting up your account, you’ll be asked to set up these external signals, which Cryptohopper will then use to automatically buy cryptocurrencies.

Cryptohopper Community Involvement: For those who are new to the world of cryptocurrency, this will probably be the most useful part of the entire experience. With active Discord, forum, and Telegram groups, the amount of community support from Cryptohopper is second to none. With veteran users from around the world, you’re able to learn at all times of day and will have plenty of help setting up your system. Even when utilizing the free trial, I was able to learn more from these lovely group of people than I have doing hours of research on my own!

Cryptohopper Backtesting: For nervous beginners, this is going to be a huge help. When you’re not sure if your configuration is tweaked just right, you’re able to backtest your setup to see how much you would have earned in the past. In this Cryptohopper review, this is a fantastic way to get a full understanding of how external signals work while still learning the market.

Cryptohopper Completely Customizable: Once you’re comfortable using the system, you’ll appreciate the level of customization like I have. One, it’s incredibly useful that you can invest in multiple coins. Not only does this diversify your portfolio, you can also reduce your risk of losing it all by spreading out your investments. Secondly, it’s important to note that you can set up unique strategies for each coin you’re interested in.

The Hopper Academy: Designed for newbies, this is an absolutely invaluable resource. Hopper Academy is available to all members and allows you to browse a library of videos to help you understand how Cryptohopper works and how to make it work for you.

Is Cryptohopper a Scam?

From everything I’ve experienced, as well as plenty of positive reviews available today, Cryptohopper is definitely not a scam. Everyone who has joined has been paid when they should have, although it’s important to know that the Cryptohopper system cannot guarantee any profits. As this is only an automated bot, it’s up to you to develop a strategy that works best for you.

How to Join The Cryptohopper’s Crypto Cloud Trading Website ?

Our reviews have proved that due to Cryptohopper’s intuitive nature, it’s also incredibly easy to get started. Simply jump over to www.cryptohopper.com and sign up for the trial membership. When starting up for a trial, you’ll have a great opportunity to experience the site for yourself, all without investing a penny. Afterward, you’ll be able to select one of three tiers to allow you to continue to use this sophisticated bot.

Current Cryptohopper Membership Levels Are As Follows:

Cryptohopper Bunny: This option will cost you $19 a month. You’ll have access to the cloud trading boy 24 hours a day, 7 days a week, and you’ll also get access to their amazing customer support. For those looking to make a small investment, this option is fantastic; however, you will only have access to 10-minute buying intervals, 80 positions, and only 15 cryptocurrencies.

Cryptohopper Hare: Hopping up from the Bunny plan, the Hare plan will run $49 per month. In addition to the features of the Bunny plan — such as the access to the trading bot itself, as well as customer support — you’ll also receive 200 positions, an impressive 5-minute buying interval, and up to 50 cryptocurrencies supported. For those who have been successful with the Bunny plan, this plan is includes everything you need to move up for a great value.

Cryptohopper Kangaroo: Leaps and bounds ahead of the other membership plans, the Kangaroo level will cost $99 a month. For this ultimate plan, you’ll have access to the bot, arbitrage trading, and the highest level of customer support available. You’ll also have access to 75 different cryptocurrencies, 2-minute buying intervals, and 500 positions supported.

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Final Thoughts : The Cryptohopper System is Scam Free & profitable !

For those worried that the Cryptohopper review system sounds too good to be true, you can put those concerns to rest. This site is not a scam! While you can’t expect to make money for no work, the impressive amount of support offered with Cryptohopper memberships will make crypto-trading a carefree process — even for the absolute beginner. With the level of transparency offered by this company, even the most hesitant will feel comfortable using their platforms, and if you don’t, always remember that their active community is open to the general public! Join in, learn as much as you can, and utilize the free trial to your full ability.

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