Cryptohopper is a powerful automated trading platform that simplifies cryptocurrency trading through advanced bots. This guide covers essential functionalities to help you navigate and maximize your Cryptohopper experience.
Key Features of Cryptohopper
- Bot Subscriptions Management
Every bot trading with real funds requires an active subscription. Learn how to assign subscriptions seamlessly. - Paper Trading
Practice risk-free with simulated trading to refine strategies before deploying real capital. - Triggers & Templates
Automate actions using triggers and save configurations as templates for efficiency.
Getting Started with Cryptohopper
1. Bot Subscriptions
- Purpose: Ensure bots have active subscriptions for automated trading.
- How-to: Navigate to Subscription Management and link a plan to your bot.
👉 Master Cryptohopper subscriptions
2. Bot Overview
- View all active Hoppers (live/simulated) in one dashboard.
- Options: Create, switch, or delete bots.
3. Creating a New Bot
Use the Config Wizard for step-by-step setup:
- Select exchange
- Choose strategy
- Set risk parameters
Advanced Tools
Paper Trading
- Benefits: No real-money risk; ideal for testing strategies.
- Fake Funds: Deposit simulated USD or crypto to practice.
Templates & Triggers
- Templates: Save bot configurations for reuse.
- Triggers: Automate trades based on market conditions (e.g., price thresholds).
FAQs
1. How do I delete a bot?
Go to Bot Settings → Delete Bot. Warning: This action is irreversible.
2. Can I clone a bot?
Yes! Use the Clone feature to duplicate settings for new bots.
3. What are trading bots?
Automated programs that execute trades 24/7 based on predefined rules, eliminating emotional decisions.
👉 Explore advanced bot strategies
Pro Tips
- Start with paper trading to build confidence.
- Regularly review triggers to align with market trends.
- Cloning bots saves time when scaling strategies.
For further reading, visit Cryptohopper’s official documentation.
**Keywords**: Cryptohopper, trading bots, paper trading, triggers, subscriptions, cryptocurrency, automated trading.
**Note**:
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