Shark Tank star Mark Cuban recently aired his thoughts on Ethereum’s upcoming “Merge” upgrade. He pointed out how Ethereum’s utility as a smart contract platform and as a deflationary asset are at odds. In an interview with Altcoin Daily on Sunday, Cuban explained that there is an inverse relationship between deflation and utilization of Ethereum. “If utilization goes up, and the value of a token goes up, then the cost to do something goes up,” he explained. “So you have…
CryptoHopper is an Amsterdam-based advanced trading bot system that enables investors to free up their time and improve their market responsiveness. This powerful tool allows anyone to trade and automatically across a variety of well-recognized exchanges.
CryptoHopper is the brainchild of two innovative brothers. One of the pair was an active day trader, and the other a developer. Together, the team created a next-gen trading tool that caters to both new and experienced traders. Impressively, CryptoHopper is one of the most popular cryptocurrency trading bots on the market today. The network currently lists over 200,000 active traders.
Benefits of CryptoHopper Bot
CryptoHopper delivers a wide range of benefits to users. For one, the system is a reliable platform that delivers timely analytics and real-time trading capabilities. CryptoHopper users enjoy 24-hour trading and a host of other functionalities that make this bot an ideal selection for investors.
CryptoHopper’s developers took great care to ensure the bot was accessible for traders of all levels. The network features a top-notch user-friendly interface that focuses on new traders. Notably, the platform even offers a tutorial section. Here, you can study up via documents and videos to get the most out of your trading bots.
CryptoHopper offers industry-grade security across the network. The system is safely and securely hosted with Amazon Web Services. In this way, users enjoy constant uptime with no degradation in bot responsiveness.
In terms of performance, CryptoHopper is at the top of the list. The network’s API functions efficiently. Additionally, the platform’s bots are capable of advanced trading algorithms and can scan multiple pairs at the same time to ensure you get the best results.
CryptoHopper users enjoy high interoperability within the market. The network can connect to the most well-known exchanges at this time. Specifically, you can use this trading bot on Binance, Bitvavo, Huobi, KuCoin, Bittrex, Poloniex, Kraken, Coinbase Pro, Bitfinex, HitBTC, OKEx, and Binance US. New users will appreciate that CryptoHopper provides resources on linking your account to various exchanges on its tutorials page.
CryptoHopper offers a selection of functionalities that experienced traders are sure to find interesting. You can create your own trading bot templates from scratch or build on options available from other traders. There are bots already geared towards nearly every market condition. Additionally, you can tweak your strategy even further using signals and indicators.
Another cool feature found on CryptoHopper is social trading. Social trading is one of the most sought after options in the market currently. These systems allow new users to mirror the trading strategies of expert traders. This strategy allows you to earn profits while you learn trading strategies.
CryptoHopper offers support via trouble tickets. Users have reported that the customer service is helpful. In most cases, user’s issues are resolved in 24-hours.
How Does CryptoHopper Bot work?
CryptoHopper bots perform technical analysis based on market conditions and execute trades automatically on your behalf. You can program your bot to conduct both buys and sells automatically. CryptoHopper users must preset their bots trading strategy.
The CryptoHopper interface is easier to navigate than some of the competition. Additionally, you gain access to a portfolio manager and other trading tools. The interface provides a universal gateway to all the vital features and services provided by CryptoHopper.
Users can subscribe to indicators, signals, and trading strategies in the Strategy Marketplace. You can purchase trading strategies from users for a one-time payment. This approach enables new users to copy a strategy of an experienced trader based on their merits. Specifically, you can see the historical performance of all the signals. You can also read user reviews, see a track record, and review a full breakdown of the strategy.
There is also a nice selection of free Signals available to users. These signals are an attractive option for traders who want to learn more about utilizing bots. Keenly, free signals are not as profitable as their paid counterparts in most conditions.
Programming your bot can be a real pain for new users in the market. Luckily, CryptoHopper introduces a visual designer that streamlines the process considerably. The system introduces drag and drops indicators to make bot programming a breeze. There are more than 130 indicators and candle patterns available at this time. You can create your own technical analysis and include powerful features such as Trailing Stop Loss, Trailing Stop Buy, and Trailing Stop Short.
Another bonus for users is the paper trading feature that allows you to test your bot. You must put your bot to the test in this practice environment to ensure its reliability and performance. You can load your account with up to $100,000 in “fake” crypto that mimics its real-life counterpart and tests your investment strategies under current and past market conditions.
Interested traders will be happy to learn that CryptoHopper offers a free trial for seven days. After the trial period, you will need to select from three packages. Each package has a monthly fee attached. The first package, the Explorer Hopper, is suitable for most traders.
The Explorer Hopper costs $19/month. It includes 80 positions with this package. You can trade 15 different coins, and there are 2 triggers available with this option. Notably, this level bot is set to 10 min buy intervals. The other options, Adventure Hopper and Hero Hopper (Pro), include increased positions, coin selection, triggers, and buy intervals.
CryptoHopper – An Advanced Trading Bot with a Free Trial
Users have nothing to lose when they sign up for the free trial week with CryptoHopper. If you are looking to learn more about trading bots and how they can benefit your trading strategy, CryptoHopper provides you with the opportunity to do so without financial risk. When you combine this offer with the bot’s overall popularity and reputation, it’s easy to see CryptoHopper remain a top trading bot for the foreseeable future.