Exploring Cryptohopper: How Much Should You Invest?

how much to invest cryptohopper

Cryptohopper is an all-inclusive trading terminal that makes investing in the cryptocurrency market more accessible. It offers a free basic package, but to access its most advanced features, you'll need to invest in a paid platform. Cryptohopper offers three levels of paid account access, with the Explorer package starting at $16.58 per month, the Adventurer package at $41.58 per month, and the Hero package at $83.25 per month. The platform does not require a minimum deposit to start trading, but the minimum trade amount is $1, and it is recommended to deposit at least €300 to spread risk and meet minimum trade requirements.

Characteristics Values
Minimum deposit $0
Minimum trade amount $
Minimum recommended amount €300
Explorer package cost $16.58 per month
Adventurer package cost $41.58 per month
Hero package cost $83.25 per month
Payment methods BitPay (multiple cryptocurrencies supported), Google Payments

shunadvice

Cryptohopper's Explorer package costs $16.58/month

Cryptohopper is an all-inclusive trading terminal that makes investing in the cryptocurrency market more intuitive and accessible. It is a safe platform that does not require withdrawal rights, meaning that funds always remain on the exchange. While the platform is free to use for most investors, users can also upgrade to a paid account to access Cryptohopper's automated investing capabilities.

The Explorer package is the first tier of paid account access on Cryptohopper. For $16.58 per month, the Explorer package includes 1 simulated trading bot, 80 positions, and a maximum of 15 selected coins and 2 triggers. This package is ideal for those who want to test out Cryptohopper's automated investing capabilities without committing to a more expensive plan.

In addition to the features included in the Explorer package, the Cryptohopper platform offers a range of other benefits. For example, users can track their holdings, execute trades in real-time, and access strategy backtesting features without any monthly or annual fees. Cryptohopper also offers a free 3-day trial of the Explorer package, which includes paper (simulated) trading, allowing users to experience the platform without using their own money.

Overall, Cryptohopper's Explorer package offers a cost-effective way to access automated investing capabilities, with the flexibility to upgrade to more advanced packages as needed. The package provides a good balance of features and affordability, making it a popular choice for those looking to dip their toes into the world of automated cryptocurrency trading.

shunadvice

Adventurer package costs $41.58/month

Cryptohopper is an all-inclusive trading terminal that makes investing in the cryptocurrency market more accessible and intuitive. The platform offers a range of tools and services to help investors make more informed trading decisions.

The Adventurer package is the middle-tier account option offered by Cryptohopper. For $41.58 per month, the package includes all the functionalities of the Explorer package, with extended capabilities.

The Adventurer package allows investors to enter up to 200 positions and select up to 50 coins. This is a significant upgrade from the Explorer package, which only includes access to 15 coins and a maximum of 80 positions. Additionally, the Adventurer package offers five event-based triggers and exchange arbitrage.

With the Adventurer package, investors can benefit from enhanced features such as market-making and arbitrage, extra technical indicators, and AI strategies and AI designer. These tools can provide valuable insights and help investors make more informed decisions.

It is important to note that Cryptohopper is not an exchange itself but a trading terminal that provides access to various markets. Therefore, investors using the Adventurer package may also be subject to additional fees charged by the exchanges their orders are executed on.

shunadvice

Hero package costs $83.25/month

Cryptohopper is an all-inclusive trading terminal that makes investing in the cryptocurrency market more accessible and intuitive. The platform offers a free basic package, but to access its most advanced features, investors will need to invest in a paid account. Cryptohopper offers three levels of paid account access, with the Hero package being the most comprehensive option.

The Hero package is designed for expert-level investors who require a wide range of tools. With this package, investors can enter up to 500 positions simultaneously, trading with up to 75 different coins. Additionally, the Hero package provides access to 10 triggers and unlimited trading signals, allowing investors to automate their investing processes and stay ahead of the market.

One of the key advantages of the Hero package is the advanced technical analysis functionality. This feature enables investors to make more informed decisions by utilising a vast array of indicators and analysis tools. The package includes up to 90 candlestick pattern recognitions and 30 unique indicators, empowering investors to customise their trading strategies and gain a competitive edge.

The Hero package also grants access to Cryptohopper's advanced features, such as copy trading functionality, strategy designer tools, and the ability to take advantage of price differences between exchanges. These features enhance the overall trading experience and provide opportunities for more sophisticated investment strategies.

The Hero package is currently priced at $83.25 per month, offering a flat-rate fee structure. It's important to note that Cryptohopper is a trading terminal that provides access to various markets, and investors may be subject to additional fees charged by the exchanges their orders are executed on.

shunadvice

No minimum deposit to start trading

Cryptohopper is an all-inclusive trading terminal that makes investing in the cryptocurrency market easier and more intuitive. It is a platform that allows investors to automate their investing processes, copy professional traders, set signals and alerts through their mobile app, and more. While there is no minimum deposit required to start trading on Cryptohopper, there is a minimum trade amount of $1. This means that new users can start trading without a substantial initial investment, providing flexibility and ease of access. However, it is worth noting that this amount is usually only sufficient to make your first trade and test the platform. To generate meaningful returns, it is advisable to consider more substantial investments. That being said, it is important to remember that cryptocurrencies are high-risk assets, and investors should only invest what they can afford to lose and maintain a balanced portfolio.

Cryptohopper offers a free Explorer trial that gives users three days of free real-time trading experience, allowing them to try out the platform before committing any funds. This is a great way for new users to get familiar with the platform and its features without any risk. Additionally, Cryptohopper offers paper trading, which is a simulator that allows users to deposit fake cryptocurrency and see how their trading bot would perform without using any real money. This is another excellent way for users to test out the platform and its features before committing any actual funds.

While Cryptohopper's platform is free to use for most investors, providing features such as real-time trade execution and access to strategy backtesting, there is a recommended minimum deposit of €300 to your exchange of choice. This allows Cryptohopper to spread risk across multiple transactions while also meeting minimum trade requirements. It is important to note that this is just a recommendation and not a requirement, as Cryptohopper does not charge any additional fees for depositing funds. However, users should be aware that some payment systems may charge their own fees for transfers.

Overall, Cryptohopper's lack of a minimum deposit requirement makes it a very accessible platform for new investors looking to get started in cryptocurrency trading. With its user-friendly interface, comprehensive mobile app, and advanced features, Cryptohopper is a great choice for those looking to automate their investing processes and improve their trading experience.

shunadvice

Monthly fee depends on number of tools accessed

Cryptohopper is an all-inclusive trading terminal that makes investing in the cryptocurrency market more accessible and intuitive. It is a platform that allows investors to automate their investing processes, copy professional traders, set signals and alerts through their mobile app, and more. While the platform is free to use for most investors, Cryptohopper offers a range of paid accounts with additional features. The monthly fee for these accounts varies depending on the number of tools included.

The Explorer package, for example, includes one simulated trading bot, 80 positions, a maximum of 15 selected coins, and two triggers. The monthly fee for this package is $16.58. The Adventurer package offers more advanced features, including access to 50 selected coins, the ability to enter up to 200 positions, and five max triggers and exchange arbitrage. The monthly fee for this package is $41.58.

For expert-level investors seeking the most comprehensive suite of tools, the Hero package is available. This package allows investors to enter up to 500 positions simultaneously with up to 75 different coins, utilize 10 triggers, and have unlimited trading signals. It also includes advanced technical analysis functionality and access to all of Cryptohopper's advanced features. The monthly fee for the Hero package is $83.25.

It is important to note that Cryptohopper is not an exchange itself but a trading terminal that provides access to a range of markets. Therefore, investors will also be subject to the fees charged by the exchange their orders are executed on, in addition to the monthly charges for the Cryptohopper package they choose.

Frequently asked questions

Cryptohopper offers a free basic package, but for its more advanced features, it offers three paid account options: Explorer, Adventurer, and Hero. The Explorer package costs $16.58 per month, the Adventurer package costs $41.58 per month, and the Hero package costs $83.25 per month.

The Explorer package includes 1 simulated trading bot, 80 positions, a maximum of 15 selected coins, and 2 triggers.

The Adventurer package includes all the functionalities of the Explorer package, plus extended access to 50 selected coins, the ability to enter up to 200 positions, and 5 max triggers and exchange arbitrage.

The Hero package is the most comprehensive suite of tools offered by Cryptohopper. It allows users to enter up to 500 positions simultaneously with up to 75 different coins, utilizing 10 triggers and unlimited trading signals. It also includes advanced technical analysis functionality and access to all of Cryptohopper’s advanced features.

Cryptohopper does not charge any additional fees or commissions on top of the monthly fees for the paid packages. However, users will also be subject to the fees charged by the exchange their order is executed on.

Written by
Reviewed by
Share this post
Print
Did this article help you?

Leave a comment