Software Alternatives, Accelerators & Startups

Cryptohopper VS Freqtrade

Compare Cryptohopper VS Freqtrade and see what are their differences

Cryptohopper logo Cryptohopper

Cryptohopper is the best crypto trading bot currently available, 24/7 trading automatically in the cloud. Easy to use, powerful and extremely safe. Trade your cryptocurrency now with Cryptohopper, the automated crypto trading bot.

Freqtrade logo Freqtrade

Freqtrade is a cryptocurrency trading bot that is developed in Python and supported many exchange marketplaces like Binance, Bittrex, FTX, Kraken, and others.
  • Cryptohopper Landing page
    Landing page //
    2023-08-18
  • Freqtrade Landing page
    Landing page //
    2023-10-18

Cryptohopper features and specs

  • User-Friendly Interface
    Cryptohopper offers a clean, intuitive interface that makes it accessible for both beginners and experienced traders. The dashboard is well-organized, allowing users to easily navigate through different features and functionalities.
  • Automated Trading
    Cryptohopper enables users to automate their trading strategies with customizable bots. This allows traders to execute trades 24/7, even when they are not actively monitoring the market.
  • Marketplace for Strategies
    The platform offers a marketplace where users can buy and sell trading strategies and templates. This feature allows traders to explore various strategies and adopt those that best fit their trading style.
  • Backtesting
    Cryptohopper provides a backtesting feature that allows users to test their trading strategies against historical data. This helps users validate their strategies before putting real money at risk.
  • Cloud-Based
    Being cloud-based, Cryptohopper does not require any software downloads. Users can access their accounts and manage their bots from any device with an internet connection.

Possible disadvantages of Cryptohopper

  • Cost
    Cryptohopper offers several subscription plans, which can be expensive for some users. The more advanced features are only available in higher-tier plans, which may not be affordable for everyone.
  • Complexity for Beginners
    Despite its user-friendly interface, the array of features and settings can be overwhelming for beginners. Users without prior trading or technical experience may find it challenging to set up and optimize their trading bots.
  • Dependence on External Signals
    The effectiveness of Cryptohopper can depend heavily on external signals and strategies, which may not always be reliable. Poor quality signals can lead to substantial losses.
  • Limited Exchange Support
    While Cryptohopper supports several major exchanges, it does not cover all the available cryptocurrency exchanges. Users whose preferred exchange is not supported will have to either switch exchanges or not use the platform.
  • Customer Support
    Some users have reported slow customer support response times and limited support options, which can be frustrating when dealing with urgent issues or technical problems.

Freqtrade features and specs

  • Open Source
    Freqtrade is open-source, enabling users to modify and customize the code according to their needs.
  • Backtesting Support
    It offers robust backtesting capabilities, allowing users to test their strategies on historical data before live trading.
  • Community and Documentation
    The project has a strong community and extensive documentation, providing support and guidance to new users.
  • Multiple Exchange Support
    Freqtrade supports multiple cryptocurrency exchanges, giving users flexibility in choosing where to trade.
  • Strategy Optimization
    It includes tools for optimizing trading strategies, helping improve their effectiveness and performance.

Possible disadvantages of Freqtrade

  • Technical Complexity
    Freqtrade requires technical expertise to set up and use, making it less accessible for non-programmers.
  • Resource Intensity
    Backtesting and live trading can be resource-intensive, requiring adequate hardware and computational power.
  • Manual Updates
    Users need to manually update the software and dependencies, which can be cumbersome for some.
  • Risk of Bugs
    As with any open-source project, there is a potential risk of unaddressed bugs affecting trading performance.
  • Limited Professional Support
    While community support is strong, professional support options are limited compared to commercial trading bots.

Cryptohopper videos

Cryptohopper Review - The best Binance exchange Trading Bot Ever

More videos:

  • Review - Cryptohopper Seven Day Trial Scam Review! Is Crypto Hopper legit?
  • Review - Cryptohopper Review: The BEST Crypto Trading Bot for Beginners?!
  • Review - Cryptohopper Review: My setup & configuration for true daily gains
  • Review - CryptoHopper - 2 Months - The Best Money Even After Mistakes

Freqtrade videos

Optimize Trading Strategies Using Freqtrade Crypto Trading Bot

More videos:

  • Review - Intro to FreqTrade | Build your own Cryptocurrency Trading bot!
  • Review - Trading CryptoCurrency with FreqTrade Explained | config, strategies, Order Book Simplified

Category Popularity

0-100% (relative to Cryptohopper and Freqtrade)
Cryptocurrencies
84 84%
16% 16
Cryptocurrency Trading
90 90%
10% 10
Trading Bots
100 100%
0% 0
Business & Commerce
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Cryptohopper and Freqtrade

Cryptohopper Reviews

  1. cryptohopper review

    Profitable Trading Bot


10 BEST Crypto Trading Bots for Automated Trading (2023)
Cryptohopper is one of the best-automated trading bots that helps you to manage all crypto exchange accounts in one place. It allows you to trade for BTC, Litecoin, Ethereum, and more.
Source: www.guru99.com
10 Best Crypto Bots
Another popular trading bot in the cryptocurrency market is Cryptohopper, which is popular due to the features it offers to users. One of the features of this robot is the simultaneous management of user accounts in different exchanges in one place.
Source: barterify.org
Introducing 4 Profitable Trading Bot
Cryptohopper Trader Robot is one of the best cryptocurrency trading robots in the world, which allows the user to manage all their accounts in cryptocurrencies through a single account.
Source: medium.com
Best crypto trading bots 2020
Cryptohopper is a cloud-based platform for automated trading that saw the light in 2017. These days the service offers you different trading bot types, multiple strategies, technical analysis tools, paper trading and stop losses to manage risks.
Source: tradesanta.com
CryptoHopper vs TradeSanta | Automate Your Trading With Crypto Bots
TradeSanta offers some features unavailable for Cryptohopper users such as Grid strategy and Smart order. It is more user friendly, still enjoying the same powerful functionality of an automated bot. The pricing is also lower, than the one of Cryptohopper.

Freqtrade Reviews

We have no reviews of Freqtrade yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Cryptohopper seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Cryptohopper mentions (3)

  • My crypto trading bot CRYPTOHOPPER.COM and FTX.US exchange Setup and Configuration
    Hello fellow crypto investors. I created a video of my crypto trading bot. It took me some time to set it up. If you are using cryptohopper.com and ftx.us , check out my setup. If you have a better Strategy and Signals (Free and/or Paid), please message me and let me know what your setup is so I can try it out and record metrics. Here is mine:. Source: over 2 years ago
  • $$$ TOP AFFILIATE PROGRAMS 2022 $$$
    Cryptohopper -- 10-15% Recurring Commission -- https://cryptohopper.com -- Cryptocurrency. Source: almost 3 years ago
  • Cryptohopper Market Arbitrage Bot Shame
    There is a big bug in the arbitrage bot on cryptohopper.com and a shameless answer from the company. Source: about 3 years ago

Freqtrade mentions (0)

We have not tracked any mentions of Freqtrade yet. Tracking of Freqtrade recommendations started around Jul 2021.

What are some alternatives?

When comparing Cryptohopper and Freqtrade, you can also consider the following products

3commas - 3commas.io provides tools for cryptocurrency traders and investors.

OctoBot.cloud - Stay ahead of the crypto game with OctoBot using automated strategies. Easily invest using the best Crypto baskets, AI, DCA and grid strategies for free. OctoBot is an open source trading bot capable of running many types of strategies.

Trality - Trality is an automated investing platform offering fully automated bots and portfolios through its innovative Marketplace. The marketplace enables investors to discover, review and rent profitable trading bots created by other expert Trality users.

Coinrule - Coinrule empowers traders to compete with professional algorithmic traders and hedge funds.

HaasOnline - Best crypto trading bot platform trusted by thousands of traders.

Zignaly - Zignaly, a crypto trading bot platform to trade automatically even while you sleep. Never miss a trade opportunity again. Start your free trial today!