Crypto Autopilot as a Cryptohopper alternative
Are you trying to decide which tool to use to invest in crypto? This page will help you do just that. Below you'll find a concise comparison between the OSOM Crypto Autopilot and Cryptohopper, to help you choose a better tool for your needs.
Is Osom App a good Cryptohopper alternative?
Cryptohopper is a crypto trading bot designed to simplify the cryptocurrency trading process. It helps crypto traders of all skill levels to turn a profit on large and trusted crypto exchanges. The platform uses a monthly subscription model but offers a free mode with limited options.
Cryptohopper offers a lot of options for setting up your automated trading bots. The website segregates the many features into easy, pro, and "more" categories. This is a small, yet significant help to new crypto traders who might feel overwhelmed with all available trading tools and features. Cryptohopper also supports paper trading. This means crypto traders can simulate their trading strategies without taking any financial risks. Another beginner-friendly feature is mirror trading. It allows users to copy the trading strategies of professional traders. This includes their crypto trading bots settings, trading strategies, signals, and so on. This is on top of the Cryptohopper marketplace, where users can buy, or subscribe to free signals, strategies, and crypto trading bot templates. The marketplace also offers apps and gift cards. As for the options for users who are already well versed in the world of trading, there are many. Automated trading, DCA, social trading, AI learning-powered trading bot, trailing, shorting, scalping, and strategy designing.
The trading bot configuration on Cryptohopper is fairly advanced, so more experienced traders will be able to better leverage the many features of the platform. If you’re an up-and-coming crypto trader, you may already feel overwhelmed. Because even copying the trading strategies of others is risky. If they abandon their account, get locked out, get ran over by a car or go on vacation, you might keep following a dead strategy without knowing it.
If you don’t choose to blindly follow someone, to use Cryptohopper effectively you will need to research what coins to take positions in, and when to stop. You will need to research trading signals and follow the 24/7/365 crypto markets closely. With OSOM, you leave it up to the team to review the investable universe daily and the algorithm to decide what portfolio to build. If you don’t want to be trading and would rather enjoy life, OSOM might be a better alternative So, let’s now compare the Osom Crypto Autopilot to Cryptohopper and see how it's a good alternative.
Trading bots on 3Commas are highly customizable, giving users a lot of freedom to build their trading strategy
The abundance of different trading tools unfortunately comes at the price of being overwhelming to many inexperienced traders. Not all users may understand the differences between a grid trading bot and a DCA one, as well as when and how to use them effectively. Not only that but there are also smart trading tools features and purchasable trading signals.
This is why 3Commas lets users view other crypto trading bots' settings on the platform and copy them for themselves. This option allows inexperienced users to copy the trading strategies of professional traders for themselves.
3Commas works on a subscription model and offers a lifetime free account with limited options to set up free trading bots.
However, they require a lot of knowledge and time to set up properly. If you're looking for something that's set up "straight from the box", the Osom Autopilot might be a better fit for you.
Because even copying the trading strategies of others is risky. If they abandon their account, get locked out, get ran over by a car or go on vacation, you might keep following a dead strategy without knowing it.
If you don’t choose to blindly follow someone, to use 3Commas effectively you will need to research what coins to take positions in, and when to stop. You will need to research trading signals and follow the 24/7/365 crypto markets closely.
With OSOM, you leave it up to the team to review the investable universe daily and the algorithm to decide what portfolio to build. If you don’t want to be trading and would rather enjoy life, OSOM might be a better alternative
| Feature | OSOM | Cryptohopper |
|---|---|---|
| Ease Of Use | ||
| Trading Experience Required | ||
| Monitoring And Management | fully automatic | semi-automatic if configured |
| Performance History | full | full |
| Head Office In | Estonia | Netherlands |
| Trustpilot Rating | 4.1 | 3.7 |
| Affiliate Program Available |
OSOM Feature highlights
Start small
Cryptohopper recommends starting with €200, with OSOM you need just €100.