Cryptohopper Review: Scam or Legit? The Results Revealed!

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Cryptohopper is a famous trading robot launched in 2017. 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
1
 
The Best Choice
  • 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 2019.

A legit trading robot should have a proven track record and should guarantee consistent results irrespective of market conditions. Unlike human traders, robots are allegedly designed to make money in both rising and falling markets. Consequently, many users report using robots because they claim that the potential to make money remains the same all the time, even when the markets are crashing.

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.

Who is the founder of Cryptohopper?

According to Crunchbase, Cryptohopper was founded in Sep 2017, 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.

Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets.

FAQs

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.

Remember, all trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.

About Patrick Webber

A cryptocurrency and trading writer and editor, I specialise in algorithmic trading. I’ve written about every type of automated trading tools - from cryptocurrency robots, binary option robots, down to robo advisors. My goal is to write honest reviews about automated trading tools in order to help users understand which software are trustworthy and which ones they should stay away from. I am constantly analysing and scrutinising the up and coming trading apps so if you are seeking advice or if you would like me to write a robot review in particular don't hesitate to get in touch – I’m happy to help!

12 thoughts on “Cryptohopper Review: Scam or Legit? The Results Revealed!

    1. Hello Jani, we are glad that you found our information useful for you. As mentioned in the article, try Cryptohopper for a legit robot. Please get back to us with your results

  1. During the time when there was an economic crisis between China and US, I tried making some trades on the cryptohopper but none of the trades yielded profits. I was so devastated and I almost lost it all.

    I do not know why the founders launched this kind of cryptocurrency robot! It’s a SCAM!!! It’s not worth your investment, BELIEVE ME. Look for other worthwhile robots and invest your money elsewhere, you will thank me later.

    I have been craving to ask this question and I hope I get a good response. Which of the cryptocurrency robots do you consider the best of all?

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