Cryptohopper Scam: The Truth Revealed
Is Cryptohopper a scam?
You see, Cryptocurrency is everywhere over the net and so Cryptohopper.
Many articles are online discussing the aspects of this tool.
But there is one exact thing about Cryptohopper you should verify.
Is it a scam or legit. As you read more, you will learn further in-depth about Cryptohopper.
What is Cryptohopper?
Cryptohopper is a well-known trading bot started in 2007 that help more than 14 000 traders. It is proven to be very profitable, fully automated, and very suitable both for beginners and old traders.
Using Cryptohopper will help you earn big money. If it is a scam, will it help? Of course not.
Being intrigued by this crypto bot, I made my investigation and research; I even tried the bot to get the first-hand information. Afterward, the result revealed that Cryptohopper is not a scam. It is legit!
It is highly possible to earn $1, 000 in a day using Cryptohopper, but one should understand that there is also a significant risk in trading. Yet, for fast auto trading, portfolio management for Litecoin, Ethereum, and other cryptocurrencies in the world, this trading bot is well-trusted.
As I have said it already, using this tool enable you to trade various cryptos manually or automatically. At the homepage, you can access the video giving an introduction for a more precise understanding of how the software works.
Who founded the Cryptohopper?
Cryptohopper started in September 2017 by Ruud Feltkamp, and this man is a real person and not a robot. He is a popular quant having product portfolio amounting to billion dollars. In fact, this trading bot is one of his most successful products in the market.
Besides, Ruud Feltkamp is well-known in the technology and trading industry where he features in many platforms like the guru crypto trader and a bitcoin trader.
Ruud did not start Cryptohopper alone, his brother, who is also a trader and a software engineer helps him.
How to Start with Cryptohopper?
Essentially, there are four steps to follow in registering to Cryptohopper. First is the registration process, next is depositing in the account, the third is demo trading, and lastly is live-trading. It takes less than 10 minutes to start an account with this bot. By the way, this bot is not available all over the world; this robot is available only in the countries in which Cryptohopper has a regulated broker.
Create an account with Cryptohopper. You can just do this by filling out a form that the bot provides on its homepage. It is important to note that the signup process is fully secure. You will enter your full name, and email address then agrees with the terms and conditions of the site. Also, you need to create your password and the opt-in and out of the mailing list. You should verify your email add to further continue.
The bot complies with the GDPR, so it has all the measure to safeguard the clients. Its partner brokers are also properly regulated by the professional. Most of them are under ASIC, FCA, and CySEC.
Step 2: Deposit
When you are done with the registration, you have to deposit a certain amount in which the minimum is $250 so that you can start with trading. Cryptohopper accepts Visa, Wire Transfer, Master Card, and more than 70 cryptocurrencies.
Step 3: Demo-trading
After you made your deposit, you will be redirected to the trading dashboard. You can choose to begin with demo trading or backtesting. Your demo trading account will require you to choose the strategy and also to set stop loss as well as take the profit functions.
Remember that backtesting uses the data in the past, and it is not in any way reflected with the live trading that you will make.
It is better to start with the demo account prior to live trading to familiarize the bot.
Step 4: Live Trading
Cryptohopper provides either full-auto trading or semi-auto trading. In full automation, the robot does all the investments research and the trading while partially automated trading consists of gathering tradable insights then recommending it to the users to execute.
What do you get from Cryptohopper?
Cryptohopper promises to help you to become a better trader. It helps to save time and enjoy the crypto profits easily. With Cryptohopper, you will get the following benefits:
- Has the number one trading bot
- Change the strategies anytime and anywhere
- Effortlessly copy the successful trading pros
- Save time
Is Cryptohopper a Legit?
Definitely yes! It is safe and never a scam.
However, a lot of negative reviews can be found online about this bot. The software’s competitors place some of them.
Trying out the software ourselves made us think that yes, it can be a little complicated. Although we knew that the software was created to tailor precisely to the requirements for trading, this software is not a plug and then play product. It requires plenty of reading and understanding. We even stuck in some cases. Even though there are many available online tutorials, it becomes difficult to follow all of them.
In the top bitcoin robots in the year 2019, Cryptohopper has a 95% performance. Its trustworthiness ‘score is also very high, at 95%. All the information found in Cryptohopper website is 100% concrete. In terms of security, it is rated as 97%. The overall legitimacy of the score is 94.2%, very high.
Cryptohopper is, indeed a legitimate trading robot. It is still my recommendation to try the software yourself. This bot is highly profitable, user-friendly, and very transparent. Partner brokers abide by the proper regulations.
You don’t have to worry about withdrawals; you can do it whenever you choose to. It only takes 48 hours for Cryptohopper to process the withdrawals. Customer service is always available, friendly, and very knowledgeable about the bot.
Spending $250 for Cryptohopper is very profitable. For a deposit of $250, you can profit $100.
Are you thinking of trading? Think Cryptohopper!