In recent years, the impact of blockchain and cryptocurrencies has seen astonishing growth. This has led to a steady rise in the number of automated trading bots like Cryptohopper—a comparatively newcomer that has seen rapid growth owing to its state-of-the-art features and robust underlying algorithm. Cryptohopper allows individuals to remain in control of their trading regardless of time or place, with zero manual intervention.
Cryptohopper’s powerful trading software allows users to entirely automate strategies that will be leveraged by the bot or “hopper” to trade cryptocurrencies like Bitcoin, Ethereum, Ripple, etc. The hopper scans the market looking for open positions according to your trading strategy or signaller. Being based on the cloud, the cryptocurrency bots on Cryptohopper continue trading even when the user’s device is turned off.
The platform’s uniqueness lies in its ability to study across more than 130 technical indicators and candlestick patterns to form the trading strategy, which provides an array of information fully automate it. In addition, it is the only trading platform that identifies candle patterns—a particular shift in prices that some believe can be key in predicting a particular market movement.
Regardless of how complex engineering the Cryptohopper platform is on the inside, the interface of the application is incredibly simple. Anyone can automate their crypto trading just by following a handful of easy steps.
Step 1: Registration
First, one needs to register on the platform with a username, email address, and password in order to create an account and access a simulator to experience the hopper.
Step 2: Link your exchange to your Cryptohopper account
The paper-trading simulator hopper will be virtually connected to Binance, from where one has to navigate it using tutorials to gain Bitcoins. The simulator can be used to have a hands-on experience on all the things Cryptohopper can do.
In order to start trading with your real cryptocurrencies, you just need to go to Baseconfig —> Exchange, disable paper trading mode and copy-paste your API keys. Now, your funds will be displayed in the dashboard.
Once the configuration is done, the final step is to apply the hopper to the user’s exchange account and see those simulated profits turn into real ones.
Step 3: Create Your Own “Hopper”
The next step is to create a personalized hopper on the Cryptohopper platform. The process requires no technical knowledge since there are already available templates, signallers, and strategies in the app’s marketplace which users can apply on their own hoppers. Click on View your hoppers and then on New. Afterwards, some config templates will be shown. It is possible to select one or create a totally new one for scratch.
Step 4: Start Trading
Cryptohopper offers is the perfect crypto trading platform for both unexperienced and professional traders. It provides the user with the possibility to trade automatically in many different ways. Whether you would like to create your own winning strategy or you prefer to rely on experienced traders, Cryptohopper fulfils all your preferences. A marketplace with strategies, signals and templates as well as a strategy designer allow the user to trade will a incredibly varied range of possibilities.
Cryptohopper continues to tweak and upgrade their platform with the aim of bringing the best out of every trader across the globe. Their goal is to craft a tool that works tirelessly on behalf of individuals to execute strategies and make smart crypto trading decisions “even when you’re sleeping.”
Create an account in less than a minute and enjoy their 7 day free trial by clicking here!