Welcome to Cryptohopper Copy Bot, your platform for automated trading made easy. This comprehensive guide will explain how to use bots effectively. For more detailed information on specific topics, please refer to the relevant articles.
What is a copy bot?
A copy bot is your convenient way to trade effortlessly. With it, you can replicate the trades of experienced traders and make trades based on a percentage of their portfolio. Here’s how it works: If a seller has a balance of $10,000 and opens a trade worth $1,000, and you have $1,000 in your exchange account, your copy bot will open a trade worth $100. It’s that simple.
Getting started with Bot Kopi is very easy and involves only three steps:
- Choose a copy bot .
- Connect your stock exchange.
- Keep track of your transactions.
The bot is designed to be user-friendly, so it only has a few optional settings, such as setting the amount of money you want to use.
What makes the Cryptohopper copy bot different ?
The difference between Cryptohopper’s copy bot and similar services on other platforms is how the trades are arranged. Cryptohopper places orders in random batches quickly, one after the other. Subscribers’ buy orders are always placed first, while the seller’s order is placed last. This prevents frontrunning on the part of the seller.
In competing jobs, the seller’s order is always placed first, followed by those of their followers. This is not considered the right way to offer services, and it can also result in the profit percentage shown only applying to the seller.
Additionally, with Cryptohopper, you can easily connect with the seller you follow and follow updates on their strategy. This builds more trust between you and the seller. You’ll also know exactly what your monthly costs are.
Another advantage of trading on Cryptohopper is that you can track all your trades on the dashboard. In the bot view, you can see exactly what problems may have occurred during the buying and selling of the signals received. If there is a mismatch between the positions you hold and the seller’s position, the portfolio synchronization function can fix this.
Overall, using the Cryptohopper copy bot offers many advantages over competitors.
Understanding Bot Kopi Subscriptions
Copy Bots have dedicated subscriptions, so there is no need for additional Explorer, Adventurer or Hero subscriptions . If you ever want to return to regular trading, you can easily stop your Copy Bot subscription. What if you accidentally canceled your Copy Bot subscription when you didn’t mean to? While the recurring payment has been stopped, you can continue to use your Copy Bot subscription until the end of your subscription period. Select the desired Copy Bot from the Marketplace and click “Register” again. Make sure to renew when your subscription is about to expire.
How to choose the right copy bot
Copy bot sellers use different trading strategies. Some prefer manual trading based on support and resistance with fewer trades, while others opt for automated strategies with a large number of open positions. When choosing a copy bot from the Marketplace, it is recommended to check the following:
- The number of transactions the seller has made in the last 30 days.
- Key statistics.
- A detailed explanation of the Copy Bot strategy.
If you still have questions or need clarification about a particular copy bot, don’t hesitate to contact the seller. You’ll find their contact information on the copy bot’s page.
Problems with your copy bot
To ensure your copy bot runs smoothly, you need to pay attention to a few critical details:
- Keep your Kopi Bot subscription active.
- Make sure there are enough funds in your stock exchange account.
- Make sure the Kopi bot is properly connected to your exchange.
If you’re having problems, follow these steps:
- Verify that you are using your exchange trading wallet.
- If the problems persist, check the Kopi bot output at the bottom of the bot control panel.
- Contact our support team for help.
Track your transactions even on the go.
Stay in control of your portfolio no matter where you are! The Copy Bot is accessible via iOS and Android apps, allowing you to track your trades and portfolio status anytime, anywhere.
With this guide, you are well-equipped to harness the power of the Cryptohopper Copy Bot for your trading journey. Good luck trading!
