Pricing
- Free plan – free
- Premium plan – $13.99 a month or 139.99 for the yearly plan
- Professional plan – $29.99 a month or $299.99 for the yearly plan.
Platform
Website, apps
Pros
- AI optimization
- Capable of simultaneously managing several accounts.
- Easily backtest their plans.
- User-friendly UI
- No coding required
- Margin options are included in trading terminals.
Cons
- Lacks a tool for advanced reporting
- Different fees apply to web and mobile subscriptions.
Customer Service
24/7 live chat, email
CryptoHero Review
CryptoHero is a great replacement for skilled algorithm traders of all levels. They’ll develop the most straightforward system for automating your cryptocurrency investments and increasing your income.
Unfortunately, there aren’t enough videos available to teach more strategy information. If they had an academy where new traders could learn the complexities of automatic trading, that would be fantastic. In addition, Web apps may experience display issues, however, this is not always the case.
Moreover, Binance and Kraken, two of the best cryptocurrency exchanges, are linked with CryptoHero. When you have finished selecting your trading parameters, the AI-optimized bots will run simulations and inform you of the finest market chances.
About CryptoHero
CryptoHero is a multi-platform cryptocurrency bot that employs AI technology to produce the best outcomes. Based in Singapore, CryptoHero is established in 2020. With years of experience in the financial markets, the executive team of the organization includes crypto experts. The experienced fund managers with more than 20 years of experience trading cryptocurrencies and other markets created the flexible trading bot. Because of the extensive market knowledge this gives them, skilled algorithm traders of all levels will find CryptoHero to be a fantastic option.
Who Should Use?
traders who want to learn more about cryptocurrencies but are short on time or are beginner traders with little time to research their trades.
Is CryptoHero Safe?
Despite the fact that the company is relatively new, CryptoHero is already supported by the Novum Collection, a sizable blockchain group of businesses active in the hedge fund, media, and technology sectors. Nevertheless, they were able to become well-known among many international traders. The top cryptocurrency exchanges on the market are regulated by CryptoHero, which also gives its users fundamental services for free.
CryptoHero Platform & Features
Security
Basic security elements in CryptoHero include employing application programming interface (API) keys and hosting the program via a secure protocol (HTTPS). This is useful for verifying the user’s account throughout the building of the bot.
By utilizing API keys, the CryptoHero program ensures that you won’t need to share your exchange account password. Instead, you can grant CryptoHero access to the back end of your accounts.
Backtesting
On CryptoHero, you can also choose to backtest your bots’ performance. Once finished, these backtest demonstrate how your trading strategy compares to historical data.
Trading options
In CryptoHero, there are numerous trading possibilities available. You can begin by connecting your current trading accounts to CryptoHero, choosing your level of subscription, and configuring the bots’ settings. Currently, CryptoHero interfaces with:
- Kraken
- FTX
- Binance
- Gate IO
- Bittrex
- Okex
- Bitfinex
- Huobi
- Coinbase Pro
- Kucoin
The AI-optimized bots execute simulations after you specify your trade parameters so you can determine which choice is optimal. You can even duplicate the bot for later usage if you decide it will produce the greatest results for you.
Technical indicators
Technical indicators are available on CryptoHero for your entry and exit situations. To assess price trends, market volatility, and asset value, apply technical indicators. These are the indicators explanations:
- Bands by Bollinger (BB)
a sign of momentum that investors might use to determine a security’s strength or volatility.
- Simple Moving Average (EMA).
Both long-term and short-term trends can be detected with this indicator. The financial institution’s software enables the bots to access extra performance graphs and a paper trading option inside the complex system.
- Index of Relative Strength (RSI).
The RSI can be used to determine how quickly and how much prices fluctuate. With better performance for multiple exchange support transaction that hedge funds can use for up to a year, these replicated successful bots bring success.
- Stochastic RSI (SRSI)
This measures an item’s worth rather than its raw price.
Paper trading
Paper trading allows you to replicate transactions and market conditions. Because in CryptoHero, you may imitate a fully free bot without using any genuine and well-known cryptocurrencies by using the Paper trades option. It is a risk-free method of testing the bot before employing it.
Long and short strategy
simply relies on your objectives and whether you’re a long-term or short-term trader. This means that you might choose to wait a little longer or practically immediately see the effects. In the second scenario, the CryptoHero bot can wait and scout the market for the greatest possibilities. Additionally, the CryptoHero short strategy can analyze the market and make decisions in a matter of seconds.
CryptoHero Pricing
CryptoHero offers its users three plans – a free plan, a premium, and a professional one.
- Free plan
The plan is cost-free, and this consists of:
- 1 active bot
- Risk-Free Paper Trade
- Unlimited Connected Exchanges
- Unlimited Trading Limit
- Unlimited Positions
- No Sharing Of Trading Data To Exchanges
- Premium plan
The plan cost $13.99 a month for monthly billing or 139.99 for the yearly plan, and This consists of:
- 15 Active Bots
- Access to Simple, Arbitrage, Advanced, DCA, and more (except Grid)
- TradingView
- 5 Price Alerts
- + Everything in Basic Plan
- Professional plan
The plan cost is $29.99 a month for monthly billing or $299.99 for the yearly plan. This consists of:
- 30 Active Bots
- Grid Bot/Market Making
- 5 Minute Trading Frequency
- Custom Backtest Period
- 10 Price Alerts
- + Everything in Premium Plan
How to Open an Account?
Creating a CryptoHero account is easy, and takes only a few minutes to finish. Take these easy steps to get started:
- Go to the website Cryptohero.ai
- In the top right corner, select the “Free Signup” button.
- fill out the registration form by provide your email addresses and a secure password.
- You will receive a confirmation email after submitting the form to verified your account.
- You can log in and use the service right away.
In Conclusion
CryptoHero is a cloud-based cryptocurrency trading bot created in 2020 and controlled via a web browser interface. The automated system, which is located in Singapore, is made to be simple, intuitive, and straightforward to use.
What sets CryptoHero apart is its remarkable ease of use, tailored to traders of all experience levels. Whether you’re exploring the dynamics of cryptocurrency trading or seeking to leverage years of industry expertise, CryptoHero offers an uncomplicated avenue to achieve your goals.
One of its standout features is its cloud-based nature, eliminating the need for additional software installations. Instead, you can seamlessly tap into its capabilities through modern web browsers across various desktop and laptop devices.
CryptoHero Review Overall
CryptoHero offers a robust platform for algorithmic cryptocurrency trading, leveraging AI to optimize strategies and providing user-friendly tools for both beginners and experienced traders. The bot's ability to manage multiple accounts and backtest strategies makes it versatile and practical. However, it lacks advanced reporting tools, and subscription fees vary between web and mobile platforms. Overall, CryptoHero is a solid choice for those looking to automate their cryptocurrency trading with ease.
Pros
- Uses AI to optimize trading strategies.
- Capable of managing several accounts simultaneously.
- No coding required, making it accessible for all users.
Cons
- Lacks advanced reporting tools for detailed analysis.
- Different fees apply to web and mobile subscriptions.
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Performance and Reliability:
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