Cryptohopper: Automated crypto trading bot
Cryptohopper is a versatile automated cryptocurrency trading bot that streamlines the management of all exchange accounts in one centralised location.
This bot has various functions, including copying traders, market-making, exchange/market arbitrage, and the ability to simulate or backtest trading strategies. With Cryptohopper, investors can expect rapid automated investing and efficient portfolio management for more than 100 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, on the world's leading crypto exchanges.
Features of Cryptohopper
It offers a range of features for cryptocurrency traders:
Portfolio Management: Connect and manage all your exchange accounts in one place using the free terminal.
Trailing features: Automatically buy or sell based on price movements, with options for trailing stop-loss and take-profit orders.
Trading Bots: Choose from pre-built strategies or create your own, and use AI to automate your trades.
Pro Tools: Access advanced tools like dollar-cost averaging (DCA), market-making, and arbitrage, as well as free charting software.
Take your crypto investing a step ahead with Cryptohopper
Trading Options: This bot offers a variety of trading options to its users, including long and short positions, limit and market orders, and stop loss orders, among others. This allows traders to customise their strategies to their risk tolerance and market outlook.
Automated Trading: With this bot, users can automate trading strategies to allow them to take advantage of market opportunities 24/7. The platform offers a range of customizable bots tailored to different market conditions and user preferences.
Copy Trading: For users who prefer to follow the trades of more experienced traders, Cryptohopper's copy trading feature allows them to do just that. Users can browse and select from various successful traders to copy and adjust their settings to match their risk and investment goals.
Strategies: It also offers a range of pre-built strategies that users can utilise or customise to suit their needs. These include strategies based on technical indicators, market trends, and other factors.
Pro Tools: It provides pro tools for advanced traders, including market-making, arbitrage, and dollar-cost averaging (DCA) tools. These tools can help traders to optimise their trades and minimise risks.
Positions: Cryptohopper lets users view and manage their positions in real-time, including open orders, trades, and portfolios. Users can also track their performance and adjust their strategies as needed.
Trading Features: Besides the above, it also offers a range of other features, such as backtesting tools, trailing stop-loss orders, and order execution notifications. These features help users stay on the market and make informed decisions.
How does Cryptohopper work?
Cryptohopper functions by automatically executing trades on a linked trading account.
To link an exchange account to your Cryptohopper account, you'll need to enter the API key, which can be found in the exchange account settings. Although the linking process may vary between exchanges, Cryptohopper offers comprehensive tutorials on linking accounts to various exchanges.
Once your exchange account is connected to the Cryptohopper bot, it will perform trades based on the applied settings. The bot will conduct technical analysis based on market conditions and then buy or sell your cryptocurrencies according to the pre-set trading strategies.
One of the advantages of using Cryptohopper is that it is supported on most major exchanges, making it a versatile tool for traders. Additionally, it is easy to set up and use, which is particularly beneficial for novice traders who may need more support with complex trading platforms. It also provides users with good tutorial resources, which can help simplify the platform's process.

Author: Harsh Verma
Harsh is the founder of FinEndorse SEO agency and is an experienced content writer and SEO expert with hands-on industry experience and a proven track of success.
Share