This Cryptohopper vs 3Commas comparison

is made to make your crypto trading easier, because there are some crypto trading bots that can assist you in trading. Cryptohopper and 3Commas are popular crypto trading bots that can improve your trading automated systems.

In this article, we will review both crypto trading bots. So you can get more details about how these crypto trading bot works, main features, exchanges supported, etc.

Cryptohopper Introduction

Cryptohopper is an automated crypto trading bot that can copy and manage your trade from your exchange account. The trading bot automatically will open buy and sell positions from your account. You can easily use the platform to trade cryptocurrencies like Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. 

If you don’t have any money to trade, then you can trade on a paper account so you can trade without funding your account. Cryptohopper offers a marketplace that you can use to copy signals. There are strategies that can be purchased on the market place that could help you to improve your trading strategy.

The crypto bot can be used to trade on desktop devices. You can also use the crypto bot on mobile devices too, but the desktop platform is easier to use. Popular exchange platforms like Kraken, Poloniex, Binance, Bittrex, etc, can be integrated with the Cryptohopper.

Cryptohopper is free to use, but you don’t have full access to some features. To access all features and increase your limit of opening positions, time frame interval, etc, you’ll have to pay for it. You can choose 3 packages to trade with more access to positions, intervals, coins, etc. There’s a 7-day trial so you can use packages to try for free.

3Commas Introduction

3Commas is a smart trading platform that uses auto trading bots and you can connect exchange accounts as a broker. The company was founded in 2017 and its mission was to create a crypto trading bot that can make your money in a short time. You can use different tools that can help you to analyze and trade the crypto market. 

3Commas supports 23 exchange platforms like Binance, Cex, Bitstamp, Bitfinex, Kraken. etc. You can also trade with a paper account to stimulate trading before trading with your own money. 3Commas can be used on desktop and mobile devices that use iOS or Android operating systems.

The desktop platform gives you a full experience of the market as it’s easier to navigate between all functions. And you can analyze the crypto market with various tools that can help you spot potential trades.

To use the 3Commas crypto trading bot, you need to subscribe to a package. There are 3 subscription plans so you can unlock more features and limits to trade with the crypto trading bot. 

Each plan can be paid monthly or yearly, but there’s a discount if you subscribe to a yearly plan. You can also try the crypto bot platform with a trial that gives you access to all features and a higher limit for 3 days.

Exchanges Supported

Cryptohopper Exchanges Supported

Cryptohopper supports fewer exchanges compared to 3Commas. You can connect popular exchanges like Kraken, Poloniex, Binance, Bittrex, etc. All you have to do is import the exchange from your account. Once you log in to your account in Cryptohopper, you need to paste the API Key from the exchange you want to connect. 

The API Key can be found on the settings page of your exchange account. Once you finish the set up of your exchange, you can start trading through your exchange. The portfolio of your exchange account can be managed easily on the Cryphoper platform. 

Cryphopper supports the following exchanges:

  • HitBTC – All features available 
  • OKEx – All features available 
  • KuCoin – All features available 
  • Kraken – All features available
  • Binance – All features available
  • Binance.us – All features available
  • Coinbase Pro – All features available
  • Bittrex – All features available
  • Poloniex – All features available
  • Kraken – All features available
  • Bitfinex – All features available 
  • Bitvavo – All features available
  • Huobi Pro – Not all features available

3Commas Exchanges Supported

You can connect your exchange account to 3Commas so you can trade from your exchange accounts. 3Commas supports exchanges like Binance, Cex, Bittrex, Coinbase Pro, Kraken, Poloniex, etc. However, not all features are supported for all exchanges.

There’s no limitation on the number of exchanges that you can connect with your 3Comma’s account. To connect your exchange website with 3Commas you have to go to on the left menu and click “My Exchanges”. 

Then, to complete the exchange process, you’ll have to choose your exchange websites. Once you do that, you’ll need to paste the API Key from the exchange that you’re connecting. You can also change the name of the exchange so you can sort them if you have many exchanges connected. 

Currently, 3Commas supports the following exchanges:

  • Binance – Smart Trade, Portfolios, DCA Bots including Gordon bots, Margin Trading, GRID bots;
  • Binance DEX – Smart Trade;
  • Binance Futures – Smart Trade, DCA Bots, GRID bots;
  • Binance Jersey – Smart Trade, DCA Bots including Gordon bots;
  • Binance US – Smart Trade, DCA Bots including Gordon bots;
  • BitMEX – Smart Trade, DCA Bots, GRID bots;
  • Bitfinex – Smart Trade;
  • Bitstamp – Smart Trade;
  • Bittrex – Smart Trade, Portfolios, DCA Bots including Gordon bots;
  • Bybit – Smart Trade, DCA Bots, GRID bots;
  • Cex.io – Smart Trade;
  • Coinbase Pro (GDAX) – Smart Trade, DCA Bots including Gordon bots;
  • Exmo – Smart Trade;
  • FTX – Smart Trade, DCA Bots, GRID bots;
  • Gate.io – Smart Trade;
  • HitBTC – Smart Trade;
  • Huobi Global – Smart Trade, DCA Bots including Gordon bots;
  • Kraken – Smart Trade;
  • KuCoin – Smart Trade;
  • OKEx – Smart Trade, DCA Bots including Gordon bots;
  • Poloniex – Smart Trade, Portfolios;
  • YoBit – Smart Trade for pairs with daily volume over 2 BTC.

Pricing

Cryptohopper Pricing

As we mentioned at the beginning of the article, to use the Cryphoper platform with more features, you have to subscribe to a plan. You can also trade without subscribing to any package, but there are limitations on some services.

With the free package, you can open up to 20 positions to trade. Also, you can access the portfolio management that’s connected with your exchange. Manual trading, personal stats, strategy builder, strategy backtesting, syncing positions are available on the free package. But these features could not give you the full experience to use the Cryptohopper. So you could pay for the other packages Explorer, Adventurer, and Hero.

Explorer package

The Explorer package (started package) costs $16.58 a month if you pay for 1 year. If you choose to pay only for 1 month, then it will cost $19.00 a month. You can try the Explorer package with a free trial that lasts 7 days. 

Some of the main features of Explorer package include:

  • Open positions: 80 
  • Selected Coins to scan: 15 
  • TA Scan interval: 10 minutes
  • Active bots per subscription 1 
  • Copy Trading: Yes 
  • Portfolio Management: Yes 
  • Manual Trading: Yes 
  • Backtesting: Yes 
  • Stop-Loss: Yes 
  • Take Profit: Yes 
  • Auto-Close: Yes 

The full list of features can be found on the Cryptohopper link here.

Adventurer package

The Adventurer (trader plus) package costs $41.50 per month if you pay for 1 year. But if you want to get charged only monthly, then you’ll have to pay $49.00 a month. The Adventurer package offers more features and higher limits on some tools. You can open up to 200 positions, use technical analysis with a 5 min interval, manual trading, syncing positions, etc.

The main features of the Adventurer package are listed below:

  • Open positions: 200 
  • Selected Coins to scan: 50 
  • TA Scan interval: 5 minutes
  • Active bots per subscription 1 
  • Copy Trading: Yes 
  • Portfolio Management: Yes 
  • Manual Trading: Yes 
  • Backtesting: Yes 
  • Stop-Loss: Yes 
  • Take Profit: Yes 
  • Auto-Close: Yes 
  • Exchange Arbitrage: Yes

Hero package

The Hero (pro trader package) has a cost of $83.25 per month when you pay for a year. If you decide to subscribe on a monthly basis, you will be charged $90.00 on a month. The Hero package allows you to open up to 500 positions, 75 selected coins, technical analysis with 2 min interval, etc. 

The main features of the Hero package include:

  • Open positions: 500 
  • Selected Coins to scan: 75 
  • TA Scan interval: 2 minutes
  • Active bots per subscription 1 
  • Copy Trading: Yes 
  • Portfolio Management: Yes 
  • Manual Trading: Yes 
  • Backtesting: Yes 
  • Stop-Loss: Yes 
  • Take Profit: Yes 
  • Auto-Close: Yes 
  • Market Making: Yes
  • Premium Strategy Indicators: Yes
  • Algorithm Intelligence (BETA): Yes
  • Active Simulators per Subscription: 1
  • Exchange Arbitrage: Yes

The full list of features can be found on the Cryptohopper link below

3Commas Pricing

3Commas platform compared to the Cryptohopper, requires a plan to start trading. You can choose between 3 plans, Starter, Pro, and Advanced. Each package has a limitation of the different features. But you can trade for free with the Pro package, with a free trial that lasts 3 days. 

Starter package

The Starter package costs $174.00 per year that’s calculated $14.50 in a month when you pay for a year. If you do not want to pay for a year, you can pay monthly that costs $29.00 a month. 

The main features of the Starter plan include:

  • Smart Trading terminal (Spot and Futures) 
  • Concurrent take profit 
  • Stop loss 
  • Use 1 service to trade on several exchanges
  • Smart trade 
  • Smart sell 
  • Smart cover 
  • Buy and sell 
  • Trader’s diary 
  • Simple bot 
  • Short algorithm 
  • Long algorithm 
  • View and  copy bots

The list of all available features can be found by visiting the 3commas link Here.

Pro package

The Pro package costs $594.00 per year, that’s calculated $49.50 monthly. But you can pay only on a monthly basis that costs $99.00 per month. 

The main features on the Pro package include:

  • Smart Trading terminal (Spot and Futures) 
  • Concurrent Take Profit 
  • Stop Loss 
  • TradingView 
  • Custom Signals 
  • Simple bots 
  • View and copy bots 
  • Composite bots 
  • Bitmex, Binance Futures, ByBit, and FTX futures bot 
  • GRID bot 
  • Smart Trade 
  • Smart Sell 
  • Smart Cover 
  • Buy and sell 
  • Trader’s Diary 
  • Simple bot 
  • Composite bot 
  • Bitmex, Binance Futures, ByBit, and FTX futures bot

The list of all available features can be found by visiting the 3commas link Here.

Advanced package

The Advanced package costs $294.00 per year, that’s calculated $24.50 monthly. You can also pay on a monthly basis that costs $49.00. 

Some of the main features of the Advanced package include:

  • Smart Trading terminal (Spot and Futures) 
  • Concurrent Take Profit 
  • Stop Loss 
  • TradingView 
  • Custom Signals 
  • Simple bots 
  • Bitmex, Binance Futures, ByBit, and FTX futures bot 
  • Smart Trade 
  • Smart Sell 
  • Smart Cover 
  • Buy and sell 
  • Trader’s Diary 
  • Simple bot 

The list of all available features can be found by visiting the 3commas link Here.

Features

Cryptohopper Features

Cryphopper trading bot besides its very friendly platform offers many features and tools that can be used on trading. The features and tools that can be used on the Cryphopper include:

  • Automatic Trading 
  • Exchange Arbitrage 
  • Market Making Bot
  • Bot Mirror trading 
  • Trailing Stops 
  • Paper trading 
  • Strategy Designer 
  • Backtesting 
  • Exchanges

These tools can be used on the trading crypto bot for strategies, paper trading, backtesting, marketplace (signals), etc.

Automated trading 

With the automated trading feature, you can trade 24/7 and 365 days a year. You can copy the signals of other traders directly to your account. The signals can be copied from successful traders to make your more money with automated trading.

Exchange Arbitrage 

Market Arbitrage known as triangular arbitrage, allows you to do arbitrage exchange without sending funds from one exchange to the other. The prices can be different due to supply and demand, and with exchange arbitrage, you can benefit from that.

Market Making Bot

With this bot, you can easily configure your market maker. You can cancel orders automatically, set a stop-loss, take profit, filled orders. The bot also allows you to use indicators so you can recognize the market trend and configure different trading strategies.

Bot Mirror trading 

Mirror trading allows you to buy temples that you can use on the Cryphopper trading bot. Also, you can buy strategies that can help you in crypto trading. Signals can also be bought from other traders so you can trade the same signals of the other traders.

Trailing Stops 

With this feature, you can spot buying opportunity on the crypto trading bot. The feature it’s built that looks automatically for any buying opportunity when an uptrend forms. Once the uptrend is detected, the buy order will be automatically placed.

Paper trading 

The paper trading helps you to trade with an account that does not need funds to be deposit to start trading. You can start trading the crypto market with real data on an account that’s free to create. With the paper trading feature, you can try different strategies before depositing real money.

Strategy Designer 

The strategy designed tells you when to buy or sell. It gives you indications to trade the market with technical analysis that’s done automatically from the strategy designer feature.

Backtesting 

This backtest tool allows you to analyze the market from past data. It can help you analyze the future market movements and improve your strategy of trading.

3Commas Features

3Commas offer features and tools that can help you in trading. These features and tools assist you with signals, strategies, stop-loss, take profit, etc. 

The feature and tools that are offered by 3Commas include:

  • DCA Bots 
  • Smart Trade 
  • Grid Bot 
  • TradingView 
  • Options Bot

DCA Bots

A DCA (or “Dollar Cost Averaging”) strategy is the practice of investing at preset intervals into an asset or currency to reduce the entry price of a position over time. It’s suitable for both beginners and experienced traders because it’s simple to configure.

Smart Trade

The smart trade uses indicators that can help you to trade successfully. It also helps you with stop-loss and take profit prices. When the price goes against your trade, then the smart trade automatically increases your stop-loss or take profit.

Grid Bot

The grid bot is artificial intelligence (AI) tools that automatically open orders for you. With this tool, your buy or sell order will automatically be opened. If the price drops, then the AI tool will open a buy order, or if the price grows then it will open a sell order.

TradingView

TradingView is one of the most used and known platforms for analyzing the trading markets. Cryphopper has integrated the TradingView on all charts so you can analyze the crypto market. There are different tools that can help you to analyze the market in an excellent method.

Options Bot

Options bot it’s built to reduce your losses and increase your profits. The tool can help you during the bearish (downtrend) and bullish (uptrend).

Summary

The review that we did, listed some of the main futures of each trading platform. Both platforms allow you to connect different exchange websites in your account.

Cryptohpper can be used for free too, as you can use a free plan with limited features and tools. There are some paid plans too and you can use a paid package 7 days for free with a trial.

The 3Commas platform doesn’t allow trading for free, so you’ll have to pay for a plan. However, you can trade 3 days for free and decide if paying for 3Commas is worth it or not. If you did like this Cryptohopper vs 3Commas comparison we would also recommend our BitMEX vs Binance review.

Get started at Cryptohopper Here! vs Get started at 3Commas Here!

Image via Shutterstock, Writer Behar H.

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