Cryptohopper Review
Verdict
The largest social/marketplace bot ecosystem — buy, sell and copy strategies on a no-code cloud platform across many exchanges.
Score breakdown
Six pillars, weighted identically for every platform — security and custody weighted heavily.
Pros
- Huge strategy marketplace + copy trading
- Genuine free tier and AI strategy tools
- Works across ~14 exchanges from one dashboard
- No-code visual strategy designer
Cons
- API keys stored server-side (cloud, closed-source)
- Past phishing/security incidents
- Pricey for small accounts; real learning curve
Security & track record
2020 SQL-injection (contained) and a Jan 2024 employee access-token compromise that led to phishing emails. Keys are stored on Cryptohopper servers — a real attack-surface consideration.
Details
| Type | Trading-bot platform (SaaS) |
|---|---|
| Maker | Cryptohopper · Netherlands |
| Released | 2017 |
| Pricing | Free tier · paid ~A$44/mo+ — Explorer ~US$29/mo up to Hero ~US$129/mo |
| Fees | Subscription tiers (no per-trade fee); exchange fees apply |
| Custody | Non-custodial funds; API keys stored server-side |
| Automation | Visual strategy designer (130+ indicators), backtesting, paper trading, copy trading, strategy marketplace, AI strategy switching |
| Exchange support | ~14 exchanges (Binance, Coinbase, Kraken, KuCoin, OKX, Bybit…) |
| Regulation | SaaS tool — connects to your exchange via API; not a custodian of funds |
Cryptohopper — frequently asked questions
Do crypto trading bots actually make money?
A bot automates a strategy — it does not guarantee profit. Returns depend entirely on the strategy and market conditions, and you can lose money, especially with leverage. Be very wary of any "bot" advertising fixed or guaranteed daily returns; that's a classic scam pattern. Cryptohopper is a legitimate tool, not a get-rich scheme.
Is Cryptohopper safe?
With Cryptohopper your funds stay on your own exchange; it connects via API keys. 2020 SQL-injection (contained) and a Jan 2024 employee access-token compromise that led to phishing emails. Keys are stored on Cryptohopper servers — a real attack-surface consideration. Whatever bot you use, connect it with API keys that have withdrawal permission switched off.
How much does Cryptohopper cost?
Cryptohopper: Free tier · paid ~A$44/mo+ — Explorer ~US$29/mo up to Hero ~US$129/mo. Legitimate bots charge a subscription or a small trading fee; a "free" bot that requires a large upfront deposit is a major red flag.
Are crypto trading bots legal in Australia?
Yes — automated or API trading is perfectly legal in Australia. The real danger is scam platforms posing as "AI trading bots." Legitimate tools like Cryptohopper charge subscriptions, never take custody of a lump sum to "trade for you," and never promise guaranteed returns.
Can you lose money with Cryptohopper?
Yes. A poor strategy, high volatility, leverage, or simply a falling market can all produce losses — automation doesn't remove risk. Start small, use conservative settings, and never risk money you can't afford to lose.
General information only — not financial advice. Trading bots do not guarantee profits and can amplify losses. Disable withdrawal permissions on any API keys, and never risk more than you can afford to lose.