Cryptohopper Review: Is it Legit or a Scam?

April 16, 2021

What is Cryptohopper?

With Bitcoin being one of the most spoken about topics in the trading world, you are probably wondering if it is possible to get on the Bitcoin train. While it may seem like you have missed out on some tremendous growth and profits, there is still so much to be made from the crypto markets.

When you trade the markets successfully, you can make money of incremental price changes. With the Bitcoin market being one of the most volatile markets in the world, it is not hard to find price changes. If you pair this strategy with a top class trading platform like Cryptohopper, you can earn above average profits from these complex and profitable markets.

But is Cryptohopper legit? How does it work? We are going to answer all these questions in our review of Cryptohopper.

How does Cryptohopper work?

Cryptohopper is a new trading platform in the cryptocurrency space. This web application trading platform allows users to trade the crypto markets with ease using its user friendly and easy to use platform. Many users have rated it one of the easiest platforms to use and navigate.

The system allows users to trade using their state of the art trading system. The system has ultra fast reporting and a precise signaling system. This allows users to trade efficiently and profitably time after time. It is no wonder the trading system has so many positive reviews with users claiming to have made huge profits on the Bitcoin and Crypto Markets.

Another standout feature of the Cryptohopper platform is the automated trading system. This system allows the users to set the platform to trade automatically on a strategy and within limits set by the user. This allows traders a lot more freedom than they have ever had before. Rather than spending hours at your desk trading, you only need to spend 30 mins a day on the system. The automated system has been shown to be as efficient and effective as human traders. Some studies say it may even be better.

How to Get Started on Cryptohopper

Now that you know how Cryptohopper works, you are probably wondering how to get trading and register for this trading platform. You are also probably wondering how expensive this trading platform is and how much the deposit is. Luckily we answer all these questions below:

Step One: Register and Verify Yourself

The first step is to register and verify yourself. This process is vital to getting started on Cryptohopper. The process has been streamlined to make it as easy and pain-free for you. However, the team at Cryptohopper has made sure to follow all necessary regulations and have had to include specific steps to comply with this.

Once you have filled out the form and submitted your details, you will be allocated to an account manager. This makes the whole process so much more relaxed as you will have an actual person to help you through the whole process. They will be able to lead you through the verification process and solve any issues you may have. And they will be in contact with you from then on.

Crypto Hopper

Register through ICODATA and get a free account manager to help set up your account.

Step Two: Make A Deposit

Step two is as easy as step one. The next step is to make your deposit. This gives you access to the whole trading system and allows you to take the steps to start trading. The minimum deposit with Cryptohopper is very affordable ar only Є250. The deposit will also be used as your initial investment capital going towards your first trades.

What we suggest: Start with the minimum initial deposit for your first attempt at trading. Then add more money when you start getting the hang of things and making profits.

Step Three: Try out the Demo Account

Wouldn’t it be cool if you could practice without any risk? Wouldn’t it be unbelievable if you could learn without trading for real? I know this sounds unreal, but it is possible with Cryptohopper

With Cryptohopper, you have access to a demo account that functions and looks exactly the same as the real trading system. This gives you the space to practice, test and familiarize yourself with the platform before you trade for real on the live system.

We always suggest testing out the demo account until you know you are ready to trade for real.

Step Four: Move into Live Trading

Now that you have tried and examined the platform you are presumably impressed and excited to get started. At least we were fascinated. You feel like you are using a very expensive platform and what’s crazy is the platform is absolutely free!

This is where you will see the user-friendliness of the platform. The platform has been built to stand out from the other trading platforms through its user interface. It is easy to use for traders just starting out and complex enough for seasoned traders. This is the best of both often not seen on other platforms.

Is Cryptohopper Legit or Scam?

This is a common question we see when a new platform pops up. With so many new trading platforms and systems coming onto the market it can be difficult to determine which is trustworthy and which is a scam. With cybercrimes on the rise, you need to be extra careful of who you give your information to and that is why we wanted to make sure that Cryptohopper is legit and not a scam.

We can confirm that Cryptohopper is legit and not a scam. We did some online research, looked at reviews, and read some surveys and found an unprecedented amount of data showing that Cryptohopper is credible. Their users applaud their security systems and customer service. We have created a three step system to help determine whether a platform is legit and here are the results from Cryptohopper:

  1. Cryptohopper uses registered brokers who are regulated to ensure that your information and data is safe. They have gone through these brokers meticulously to make sure they only partner with the legit ones. This can give you peace of mind.
  2. They have the best security systems. This guarantees that your data and personal information is safe while you use the Cryptohopper software. With the rise of hackers, this is a vital feature. The Cryptohopper system is almost impossible to hack into.
  3. Cryptohopper has a real support team. The common telling point of a scam is they have no humans to talk to in their support team. Cryptohopper has twenty four hours a day, five days a week support via telephone, in platform chat and email.

When was Cryptohopper Founded?

Cryptohopper first emerged in early parts of 2018 and has grown in popularity since then. Many users/investors have had positive experiences with the trading tool. It is reported that a group of brokers decided that it was time to maximise profits through an automated trading tool. This tool became Cryptohopper.

The main aim of the platform was to assist new and experienced investors, with any level of experience or trading skills, to not only trade successfully but also to thrive in the cryptocurrency market. Cryptohopper is 0.1 seconds ahead of the market, meaning that you have a competitive edge when trading with this tool. The algorithm is lightning fast and making decisions happens at a fraction of a second. Investors will find that the tool is simple and easy-to-use and you won’t need much guidance finding your way around.

Should you trade Bitcoin?

In the past, traders used to think that trading major currency pairs was the only way to make profit. This was often due to volatility and liquidity constraints of the other asset in the marketplace. However, today that is no longer the case. Traders have the choice of many currency pairs, CFDs and commodities to trade. But none of them match the Bitcoin Markets.

The Bitcoin Market and Bitcoin Pairs are some of the most traded assets on the world markets. This is because unlike other assets, they run and can be traded 24/7. This gives investors all around the world, unlimited access to trade the swings and patterns in their mission to get profits.

Celebrities who trade Cryptocurrency?

With Cryptocurrency being such a popular topic at the moment and many people trading and investing in it, you are probably wondering what famous people trade cryptocurrency? There are many rumours circulating, but what is the truth?

The answer is yes there are a few celebrities who have stated that they have interests in Bitcoin:

  1. Robert Lewandowski – The well known Polish Footballer and Captain of the Polish Football Team was rumoured to have invested in Bitcoin. However, we could not find any proof of this.
  2. Paris Hilton – She stated in 2017 on Twitter that she was excited to be participating in the new ICO LydianCoin.
  3. Elon Musk – Elon has made numerous comments on Twitter about Cryptocurrencies. He has recently announced that Tesla will start accepting Bitcoins in the future.
  4. Mike Tyson – The world-renowned boxer has been part of produced Bitcoin ATMs and launched a Bitcoin Wallet. He is certainly involved in Cryptocurrency.
  5. Lionel Messi – Many people have asked about this famous soccer player Crypto investments. Although Lionel Messi has not said he owns or trades Crypto, he has stated and partnered with Blockchain companies. So there are many speculations.
  6. Dick Smith – The Famous Australian Filmmaker and explorer was apartied to some false rumours of him trading Bitcoin. These rumours were certainly false.
  7. Somizi Mhlongo – Somizi has not invested or traded in Bitcoin and released a statement on Social Media stating this.
  8. Trevor Noah – The Daily Show host is popular in the world of TV. However, he has not yet invested or endorsed Bitcoin.
  9. Cyril Ramaphosa – The South Africa President and Businessman has made a lot of money investing in companies. But he is not yet involved in Bitcoin.
  10. El Hormiguero – The popular Spanish TV show had been said to have started endorsing Bitcoin. However, we found these rumours to be false.

With many rumours around, a lot of them are false. But there are still a number of celebrities who are using and investing in Bitcoin. People like Elon Musk are said to be leading the way with digital currency integration. These innovators are part of what is driving the bright future of digital currencies.

Our Verdict: Is Cryptohopper Legit?

We have conducted a thorough review on Cryptohopper. We may have been sceptical if this platform would match up against the others in the market, but we were wrong. This new Bitcoin Trading system is taking the world by storm thanks to its superior platform. The Cryptohopper system is certainly legit showing its security and transparency. The system offers a 24/5 support team to help its users achieve their goals. The trading system also uses the best encryption technology to ensure your data and money are safe. They also only use registered brokers and avoid brokers that have scam warnings or shady histories. The Cryptohopper team does very thorough checks on all their brokers to ensure this.

The customer service team has put in considerable effort to make the signup process as easy as possible. They have automated a lot of the process and assigned each user an account manager who can help guide them through the regulatory process.

Their automated trading system was great to see in action. It has been shown to be better and more profitable than a lot of human traders. And the time-saving capabilities are a great saving for its users. There have been reports of users making large profits while using the system.

The platform is an excellent option for new and advanced users, with its exceptional customer service and easy to use system.