Cryptohopper Review: Automated Crypto Trading Made Simple

If you've ever felt overwhelmed watching cryptocurrency markets 24/7, you're not alone. The crypto market never sleeps, and neither should your trading strategy. That's where automated trading bots come in, and Cryptohopper has emerged as one of the more accessible options for traders at all experience levels.

Cryptohopper is a semi-automated trading bot designed to remove human emotions from cryptocurrency trading decisions. Instead of making impulsive trades based on fear or excitement, the platform uses algorithmic approaches and external signals to execute trades on your behalf. It's not a magic money-making machine, but rather a tool that helps you trade more intelligently based on programmed strategies.

What Exactly Is Cryptohopper?

The platform was created by two Dutch brothers: Ruud Feltkamp, a former soap opera actor turned successful day trader, and Pim Feltkamp, a skilled web developer. They combined their expertise to build a bot that trades automatically around the clock across multiple cryptocurrencies and exchanges.

Based in Amsterdam and launched in 2017, Cryptohopper now serves over 75,000 users worldwide. The platform supports up to 75 different cryptocurrencies and integrates with nine major exchanges including Binance, Bitfinex, Bittrex, Coinbase Pro, Huobi, Kraken, Kucoin, and Poloniex.

What makes Cryptohopper different from manual trading? It operates continuously without breaks, follows pre-programmed trading strategies, and can subscribe to signals from experienced traders. For those looking to automate their cryptocurrency portfolio management, 👉 Cryptohopper offers a comprehensive solution that bridges the gap between manual trading and full automation.

Core Features That Matter

Accessibility and Interface: The web-based platform works on any internet-connected device, whether you're using a desktop computer, laptop, tablet, or smartphone. The interface is intuitive enough for beginners while offering advanced features for experienced traders.

Technical Integration: Trading happens through API integration with various cryptocurrency exchanges. This means your funds stay on the exchange where they belong, and Cryptohopper simply executes trades on your behalf using the access you grant it.

Trading Tools: The platform includes backtesting capabilities, so you can test your strategies against historical data before risking real money. You'll also find customizable technical indicators like RSI, Bollinger Bands, MACD, and Stochastic oscillators. Trailing stops help you lock in profits while limiting losses.

Signal Integration: One of Cryptohopper's standout features is the ability to subscribe to external trading signals. Professional traders share their insights, and your bot can automatically execute trades based on these signals. You can combine multiple signals with your own technical indicators for a more robust strategy.

Support and Education: The company maintains active support through ticket systems, Twitter, Telegram groups, and Facebook. The Cryptohopper Academy provides video tutorials, and there's an engaged community forum available in multiple languages including English, French, Spanish, Dutch, and Portuguese.

Getting Started: The Setup Process

Setting up Cryptohopper is straightforward, even if you've never used a trading bot before. Here's what the process looks like:

Account Creation: Visit the website and provide your name, email, username, and password. You'll receive a confirmation email to activate your account.

Configuration Wizard: Once logged in, a setup wizard walks you through the essential steps. You'll select your preferred exchange and connect it using API keys. The wizard provides helpful links to tutorials at each step, so you're never left guessing.

API Connection: You'll need to generate API keys from your chosen exchange. These keys give Cryptohopper limited access to execute trades on your account. Importantly, the platform cannot withdraw your funds, which adds a layer of security.

Strategy Setup: Configure your bot's basic settings, including which cryptocurrencies to trade, your risk tolerance, and whether you want to follow external signals.

For traders who want to optimize their automated trading strategy without spending hours learning complex programming, 👉 platforms like Cryptohopper make algorithmic trading accessible to everyone.

Pricing Structure and Plans

Cryptohopper offers a 7-day free trial called the "Pioneer Plan" that doesn't require payment details. After the trial ends, your bot automatically deactivates unless you choose a paid subscription.

The paid plans break down as follows:

Explorer Plan ($19/month): Suitable for beginners testing the waters. You get 80 positions, can select up to 15 currencies, and the bot checks technical analysis every 10 minutes. This plan is limited but functional for learning.

Adventure Plan ($49/month): Increases capacity to 200 positions and 50 currencies, with faster 5-minute technical analysis intervals. This tier also includes exchange arbitrage capabilities.

Hero Plan ($99/month): The professional option with 500 positions, access to all 75 supported currencies, and 2-minute technical analysis checks. You also get market arbitrage and market making features.

Annual subscriptions are available at a discount. Keep in mind that Cryptohopper doesn't offer refunds, so make the most of that free trial before committing.

Is This Beginner-Friendly?

Unlike many trading bots that assume you already know what you're doing, Cryptohopper puts effort into helping newcomers. The Cryptohopper Academy offers video tutorials explaining how everything works. The active Discord and Telegram communities mean you can ask questions and learn from more experienced users in real time.

The marketplace feature is particularly helpful for beginners. Instead of building trading strategies from scratch, you can download templates created by experienced traders. Some are free, others are paid, but the "plug and play" approach lets you start trading with proven strategies immediately.

Backtesting removes much of the guesswork. You can see how your settings would have performed historically, adjust them, and understand what works before risking actual capital.

Security Considerations

The platform has earned credibility through years of operation and a large user base. The company is registered in the Netherlands as Cryptohopper BV, providing legal transparency.

Security-wise, the API-only approach offers protection. Even if Cryptohopper's systems were compromised, attackers couldn't withdraw your funds from the exchange. That said, API access does allow trading, so enabling two-factor authentication (2FA) is essential.

A historical concern with trading bots involves "pump and dump" schemes where compromised APIs are used to buy worthless coins. While this is rare, it's a reminder to start with modest amounts and enable all available security features.

The Marketplace Advantage

The Cryptohopper marketplace deserves special mention. If you're skilled at creating trading strategies, you can sell your templates to other users. If you're just starting out, you can purchase or download strategies that others have developed and tested.

This creates a community-driven ecosystem where knowledge and strategies circulate. It's not a guaranteed path to profits, but it does lower the barrier to entry for algorithmic trading.

Real-World Performance Expectations

Let's be clear: no trading bot guarantees profits, and Cryptohopper doesn't claim otherwise. The platform is a tool that executes strategies based on algorithms and signals you configure. Its effectiveness depends entirely on the quality of those strategies and market conditions.

Some users report that free signal services can be unreliable, especially during sideways or bearish markets. Paid signal services tend to be more reliable, but they add to your monthly costs. The key is doing your research and testing strategies thoroughly before committing significant capital.

The backtesting feature is your best friend here. Don't just blindly follow signals or templates—test them against historical data and understand why they work or don't work.

Pros and Cons Worth Considering

What Works Well: The platform is genuinely user-friendly, the educational resources are helpful, and the multi-exchange support provides flexibility. The ability to combine technical indicators with external signals gives you control over your trading approach. The active community means help is available when you need it.

Limitations to Note: Quality varies significantly among signal providers, especially the free ones. The platform can't withdraw funds (which is actually a security feature), but this also means you need to manage your exchange balances separately. There's a learning curve even with the beginner-friendly design, and automated trading always carries risk.

Who Should Use Cryptohopper?

This platform makes sense for several types of traders. If you're new to crypto but want to learn algorithmic trading in a structured way, the educational resources and marketplace provide a solid foundation. If you're an experienced trader who wants to automate your strategies and trade 24/7 without constant monitoring, the advanced features deliver what you need.

It's less suitable if you're looking for a completely hands-off "set it and forget it" solution. Successful bot trading requires ongoing optimization, monitoring, and adjustment based on market conditions.

Final Thoughts

Cryptohopper sits in a competitive space, but it differentiates itself through accessibility and education. The combination of user-friendly design, comprehensive features, and community support makes it a solid option for anyone interested in automated cryptocurrency trading.

The 7-day trial is genuine, requiring no payment details, which means you can explore the platform risk-free. Take advantage of this—test different strategies, explore the marketplace, watch the academy videos, and get a feel for how automated trading works before spending money.

Start with modest amounts even after subscribing. Test your strategies, learn from the community, and gradually scale up as you gain confidence and see results. Remember that in cryptocurrency trading, protecting your capital is just as important as growing it.

Whether you're looking to supplement manual trading with automated strategies or build a fully automated portfolio, the tools are available. The question isn't whether the technology works—it's whether you're willing to invest the time to learn how to use it effectively.