How to Set Up Cryptohopper: A Trading Bot That Works Around the Clock

If you've ever watched crypto prices fluctuate at 3 AM and wished you could trade without losing sleep, you're not alone. That's exactly where automated trading bots come in, and Cryptohopper has built a reputation as one of the more accessible options for traders who want to automate their crypto strategies without needing a computer science degree.

So what makes Cryptohopper worth your attention? Let's break down what this platform actually does, who it's designed for, and whether it lives up to its promises.

What Cryptohopper Actually Does

Think of Cryptohopper as your 24/7 trading assistant. It's a semi-automated trading bot that connects to major cryptocurrency exchanges through API integration, executing trades based on algorithmic strategies and external signals. The platform was founded by two Dutch brothers—Ruud Feltkamp, a web developer, and Pim Feltkamp, who transitioned from acting to day trading—and it's operated by Cryptohopper BV in Amsterdam.

The core idea is simple: remove human emotions and timing issues from crypto trading. Instead of panic-selling during a dip or FOMO-buying at a peak, the bot follows pre-programmed trading techniques and technical indicators. You can also subscribe to signals from experienced traders if you'd rather follow their strategies than build your own from scratch.

For those looking to dive into automated trading without the steep learning curve, 👉 explore Cryptohopper's features and start trading smarter with automated strategies. The platform supports up to 75 cryptocurrencies across nine major exchanges including Binance, Kraken, Coinbase Pro, and Bittrex.

Key Features That Set It Apart

Exchange Integration and Currency Support
Cryptohopper currently works with nine exchanges: Binance, Bitfinex, Bittrex, Coinbase Pro, Cryptopia, Huobi, Kraken, Kucoin, and Poloniex. Support for additional exchanges like BitFlyer and Bitstamp is reportedly in the works. You can trade up to 75 different cryptocurrencies depending on your subscription tier.

Technical Tools and Indicators
The platform includes a solid toolkit: backtesting capabilities, configurable templates, trailing stops, and customizable technical indicators like RSI, MACD, Bollinger Bands, and Stochastic oscillators. You can test strategies against historical data before risking real money, which is particularly valuable for beginners.

Signal Marketplace
One of Cryptohopper's standout features is its signal marketplace. You can subscribe to trading signals from professional traders—some free, some paid—and your bot will execute trades based on these signals. Each signal provider has transparent performance reports, so you can track their profitability before subscribing.

Educational Resources
The Cryptohopper Academy offers a video library explaining how the platform works and best practices for automated trading. There are also active communities on Discord, Telegram, and dedicated forums in multiple languages where you can learn from experienced users.

Setting Up Your Account

Getting started is straightforward. Visit the Cryptohopper website and register with your name, email, username, and password. After confirming your email, you'll land in the dashboard where a setup wizard walks you through connecting an exchange via API keys and configuring your bot's basic settings.

The wizard includes helpful tutorials at each step, making the process accessible even if you've never worked with trading APIs before. Once setup is complete, you can immediately start using your hopper, subscribe to signals, create templates, and enable two-factor authentication for added security.

For traders ready to automate their strategies with minimal technical hassle, 👉 get started with Cryptohopper's user-friendly setup and comprehensive trading tools. The platform is designed to work on any internet-connected device—desktop, laptop, tablet, or mobile.

Pricing Structure

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

Explorer Plan ($19/month): 80 positions, up to 15 selected currencies, 2 triggers maximum, technical analysis every 10 minutes, and 1 simulated trading bot.

Adventure Plan ($49/month): 200 positions, up to 50 currencies, 5 triggers, technical analysis every 5 minutes, 1 simulated bot, and exchange arbitrage features.

Hero Plan ($99/month): 500 positions, all 75 currencies, 10 triggers, technical analysis every 2 minutes, market arbitrage, market making, and 1 simulated bot.

You can pay monthly or purchase an annual subscription. One important note: Cryptohopper doesn't offer refunds, so make full use of the free trial before committing to a paid plan.

Is It Beginner-Friendly?

Unlike many trading bots that cater exclusively to experienced traders, Cryptohopper puts real effort into helping newcomers get started. The Hopper Academy provides video tutorials explaining how everything works. The active community across Discord, Telegram, and multilingual forums means you can ask questions and learn from experienced users at any time.

The platform itself is intuitive and doesn't require programming experience. The backtesting feature lets beginners experiment with different settings and see how they would have performed historically, which is invaluable for learning without risking capital.

Security Considerations

Cryptohopper operates through API connections, meaning you never transfer funds directly to the platform. API keys give the bot limited access to execute trades on your behalf but don't provide withdrawal permissions. This reduces risk compared to platforms that hold your funds directly.

The company is registered as Cryptohopper BV in Amsterdam and has established relationships with major exchanges. You can enable two-factor authentication for additional account security.

That said, no system is completely risk-free. In the event of a security breach, malicious actors could potentially use API access to manipulate trades—a known risk with automated trading bots. It's wise to start with modest capital and only increase your investment as you gain confidence in the platform.

Realistic Expectations

Cryptohopper doesn't guarantee profits. Like any trading tool, it's only as good as the strategies you implement and the market conditions you're trading in. Some users report that free third-party signals can be low-quality, especially in sideways or bear markets where signals arrive too late or lead to sudden losses.

The key is spending time researching which signal providers have consistent track records and being willing to pay for quality signals if you're relying on external strategies. Alternatively, you can build your own strategies using the platform's technical indicators and backtesting tools.

The Bottom Line

Cryptohopper positions itself as an accessible automated trading solution for both newcomers and experienced traders. Its comprehensive feature set, support for 75 cryptocurrencies across nine exchanges, and educational resources make it a solid option in a crowded market of trading bots.

The platform's strength lies in its balance: sophisticated enough to offer advanced features like arbitrage and market making, yet user-friendly enough that beginners can get started without feeling overwhelmed. The marketplace for strategies and signals adds another layer of accessibility, letting you essentially "plug in" proven strategies created by experienced traders.

If you're considering automated trading, take advantage of the free trial, start with conservative capital, and spend time learning through the Academy and community resources. The platform gives you the tools—how effectively you use them depends on your willingness to learn and adapt your strategies as market conditions change.