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3Commas vs Cryptohopper — Safety Comparison

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Overview

3Commas — Safety Notes

3Commas Trading Bot Overview

3Commas is an automated cryptocurrency trading platform founded in 2017. It connects to exchange accounts via API keys and supports DCA bots, grid bots, smart trading, and copy trading features. In 2022, a significant number of users reported unauthorized trades on exchange accounts connected via 3Commas API. The company confirmed the incident after initially attributing it to user phishing. This is the most significant safety consideration for any user evaluating 3Commas.

Cryptohopper — Sa>Cryptohopper — Safety Notes

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Cryptohopper Trading Bot - Overview

Cryptohopper is an automated trading platform based in the Netherlands. It connects to exchanges via API and offers a marketplace where third-party signal providers offer paid and free subscriptions. Signal providers in the marketplace are unvetted — their track records, identities, and incentive structures are not independently audited. No significant public API breach has been reported for Cryptohopper as of the time of this review.

 

Comparison table

>Comparison tableection" id="Comparison_table">Comparison tablep-block-table">
  3Commas CryptoHopper
Company Location Canada The Netherlands
Founding Year 2017 2017
Supported Exchanges 23 13
Free trial period 3 days for Pro 7 days for Starter
Price 29-99 US$ 19-99 US$
User Experience Superior Advanced
Payment options PayPal / Apple Pay / Credit or Debit Card / Crypto PayPal / Bank Transfer / Crypto
Cloud-Based Yes Yes
Automated trading Yes Yes
Backtesting Yes Yes
Social trading Yes Yes
Mobile app Yes Yes
Day/night interface Yes Yes
Partnership program Yes No

3Commas vs Cryptohopper:>3Commas vs Cryptohopper: Features

-block-image size-large">3Commas vs Cryptohopper Features

3Commas offers mostly automatic trading bots and offers a range of trading tools. 

  • Smart Trading Terminal: Smart Trading feature is used for optimizing trading processes using different features, like the take profit and stop-loss order feature, take profit and stop-loss trailing order feature, sell-by multiple targets, trade signals from TradingView, etc.
  • Automated Trading: Automated trading feature includes tools like a simple bot that runs on a single pair, a composite bot for multiple trading pairs, etc.
  • Portfolio Management: An analytic and management console for your investments.

Cryptohopper platform’s feature list includes:

  • Automatic Trading: Automated tracking and trading of up to 75 coins simultaneously; you can set up an operable trading strategy in five minutes.
  • Strategy Designer: Customization of a trading strategy using a wide collection of indicators and candle patterns.
  • Paper trading/Backtesting: Paper trading lets you check the effectiveness of your customized trading strategies without using real money.
  • Risk management: Limiting losses by trailing stop-loss, trailing stop-buy, and trailing stop-short features. 
  • Marketplace: The option to integrate third-party signal providers into the platform (“mirror trading”), and other advanced features.
  • Trading Bots/Tools: It offers two types of trading bots, the arbitrage and market makers bots. 

 

API Security and Known Inci>API Security and Known Incidents

aragraph">Both platforms connect to exchange accounts via API keys. The following security disclosures and incidents are relevant to users of either platform.

Automated trading bots have the authorization to execute trades automatically, but have neither access to the deposited funds nor the ability to withdraw or transfer fiat or cryptocurrencies, which makes them perfectly safe to use.

An additional plus is the fact Cryptohopper offers insurance protection for all user accounts.

Ease of Use

Ease of Usetoc-section" id="Ease_of_Use">Ease of Usearagraph">Ease of use is a major asset of any crypto trading bot. Newly arriving users are often inexperienced in technical trading concepts and they appreciate a mild and short learning curve.

In this domain, 3Commas is a clear winner. It is probably the most user-friendly automated trading platform developed so far. Beginners can enjoy a set of useful training materials, allowing them to master the necessary skills in a short period.

On the other hand, Cryptohopper seriously lacks documentation and training support. The difference here is so profound that it may be one of the decisive arguments for beginners to opt for 3Commas, regardless of other qualities of both automated trading tools.

UI/UX

UI/UXs="ez-toc-section" id="UIUX">UI/UXaragraph">3Commas automated trading platform is the result of systemic efforts of its developers to deliver tools and features that are easily customizable, allowing users to design, connect, and change their trading strategy.

3Commas UI UX

An easily understandable and intuitive user interface guarantees a fast-track approach to 3Commas’ Smart Trading features.

Conversely, Cryptohopper’s user interface is less intuitive than 3Commas’. Its dashboard is a bit too demanding, which can be overwhelming for novices.

Cryptohopper UI UX

The good thing is that there are many useful tutorials on how to use each of the bots, created by the developers or by different YouTubers and bloggers.

Here, we see 3Commas as the winner in terms of user-friendliness.

Pricing

Pricing"ez-toc-section" id="Pricing">Pricingaragraph">Cryptohopper offers four subscription plans, including a time-limited free account package

The pricing tiers rise significantly higher and higher, but before subscribing, a user can test out the platform during a 7-day trial period, without even submitting the payment information.

Pioneer (7-day free) plan:

  • Access to strategy builder
  • Portfolio management
  • 130+ indicators and candlesticks
  • Strategy backtesting
  • Manual trading only

Explorer (19$ per month) plan:

  • 80 positions
  • Max 15 selected coins
  • Max 2 triggers
  • TA with 10 min interval
  • 1 Simulated Trading Bot

Adventurer (49$ per month) plan:

  • 200 positions
  • Max 50 selected coins
  • Max 5 triggers
  • TA with 5 min interval
  • 1 Simulated Trading Bot
  • Exchange arbitrage

Hero (99$ per month) plan:

  • 500 positions
  • Max 75 selected coins
  • Max 10 triggers
  • TA with 2 min interval
  • All coins for signals
  • Market Arbitrage
  • Market-Making
  • 1 Simulated Trading Bot

3Commas is free to try out for three days, after which you have to decide which package you will purchase. There are three available packages – Starter package, Advanced, and Pro.

Starter Plan (29$ per month):

  • Trading platform and free educational materials
  • Access to general and altcoin signals from TradingView
  • Simultaneous orders like take profit, stop loss, etc.
  • Active SmartTrade
  • Unlimited scalper terminal
  • One grid bot
  • One options bot
  • One DCA Bot
  • Paper trading to review the 3Commas bot and its features safely
  • Unlimited scalper terminal
  • Unlimited smart trades

Advanced Plan (49$ per month):

  • All the features of the starter plan
  • Unlimited DCA bots

Pro Plan (99$ per month):

  • All the features of the Starter plan
  • All the features of the Advanced plan
  • Unlimited grid bots
  • Unlimited options bots
  • Composite bots & strategies
  • Bitmex and ByBit bots

The nuances decide which bot offers more for less. The pricing of the plans is similar, but we might say the financial burden for non-professional traders is a bit lighter with Cryptohopper.

Crypto Exchanges SupportedCrypto Exchanges Supported

ragraph">Cryptohopper is currently compatible with 13 exchanges, and 3Commas – with 20:

Cryptohopper

  1. HitBTC
  2. OKEX
  3. BitPanda Pro
  4. KuCoin
  5. Bitvavo
  6. Binance
  7. Binance US
  8. Coinbase Pro
  9. Bittrex
  10. Poloniex
  11. Bitfinex
  12. Huobi
  13. Kraken

3Commas

  1. Binance
  2. Binance Futures
  3. Binance TR
  4. Binance US
  5. Bitfinex
  6. Bitstamp
  7. Bittrex
  8. Bybit
  9. Coinbase Pro (GDAX)
  10. Crypto.com
  11. Gate.io
  12. Gemini
  13. Huobi Global
  14. KuCoin
  15. OKX
  16. BitMEX
  17. Bybit
  18. Deribit
  19. Gate.io
  20. OKX Futures

 

Note: not every exchange supports all 3Commas’ features.

What to Check Before Connect>What to Check Before Connecting Either Platform

ragraph">Before connecting 3Commas, Cryptohopper, or any third-party bot to your exchange account: configure API keys with trade permissions only — never enable withdrawal permissions; enable IP whitelisting on your exchange where available; review the platform’s terms of service for liability clauses covering security incidents; test any strategy with a small position before deploying significant capital. ScammerWatch does not recommend either platform. If you have experienced unauthorized trades or fund loss connected to either service, submit a report at scammerwatch.com/report-a-scam.

Crypto trading bots are software platforms that automate specific crypto trading tasks (e.g. selecting, buying, or selling a cryptocurrency), based on specific rules predefined by the robot’s designer and fine-tuned by the user.

The following article compares 3Commas and Cryptohopper, the two most common crypto trading bots on the web. They both serve the main purpose, but there are differences between them, indicating a proper selection between them is warranted.

3Commas — Safety Notes

<>3Commas — Safety Notes
3Commas Trading Bot Overview

3Commas is an automated cryptocurrency trading platform founded in 2017. It connects to exchange accounts via API keys and supports DCA bots, grid bots, smart trading, and copy trading features. In 2022, a significant number of users reported unauthorized trades on exchange accounts connected via 3Commas API. The company confirmed the incident after initially attributing it to user phishing. This is the most significant safety consideration for any user evaluating 3Commas.

Cryptohopper — Safety Notes

Cryptohopper Trading Bot - Overview

Cryptohopper is an automated trading platform based in the Netherlands. It connects to exchanges via API and offers a marketplace where third-party signal providers offer paid and free subscriptions. Signal providers in the marketplace are unvetted — their track records, identities, and incentive structures are not independently audited. No significant public API breach has been reported for Cryptohopper as of the time of this review.

 

Comparison table

  3Commas CryptoHopper
Company Location Canada The Netherlands
Founding Year 2017 2017
Supported Exchanges 23 13
Free trial period 3 days for Pro 7 days for Starter
Price 29-99 US$ 19-99 US$
User Experience Superior Advanced
Payment options PayPal / Apple Pay / Credit or Debit Card / Crypto PayPal / Bank Transfer / Crypto
Cloud-Based Yes Yes
Automated trading Yes Yes
Backtesting Yes Yes
Social trading Yes Yes
Mobile app Yes Yes
Day/night interface Yes Yes
Partnership program Yes No

3Commas vs Cryptohopper: Features

3Commas vs Cryptohopper Features

3Commas offers mostly automatic trading bots and offers a range of trading tools. 

  • Smart Trading Terminal: Smart Trading feature is used for optimizing trading processes using different features, like the take profit and stop-loss order feature, take profit and stop-loss trailing order feature, sell-by multiple targets, trade signals from TradingView, etc.
  • Automated Trading: Automated trading feature includes tools like a simple bot that runs on a single pair, a composite bot for multiple trading pairs, etc.
  • Portfolio Management: An analytic and management console for your investments.

Cryptohopper platform’s feature list includes:

  • Automatic Trading: Automated tracking and trading of up to 75 coins simultaneously; you can set up an operable trading strategy in five minutes.
  • Strategy Designer: Customization of a trading strategy using a wide collection of indicators and candle patterns.
  • Paper trading/Backtesting: Paper trading lets you check the effectiveness of your customized trading strategies without using real money.
  • Risk management: Limiting losses by trailing stop-loss, trailing stop-buy, and trailing stop-short features. 
  • Marketplace: The option to integrate third-party signal providers into the platform (“mirror trading”), and other advanced features.
  • Trading Bots/Tools: It offers two types of trading bots, the arbitrage and market makers bots. 

 

API Security and Known Incidents

>API Security and Known Incidentsforms connect to exchange accounts via API keys. The following security disclosures and incidents are relevant to users of either platform.

Automated trading bots have the authorization to execute trades automatically, but have neither access to the deposited funds nor the ability to withdraw or transfer fiat or cryptocurrencies, which makes them perfectly safe to use.

An additional plus is the fact Cryptohopper offers insurance protection for all user accounts.

Ease of Use

Ease of use is a major asset of any crypto trading bot. Newly arriving users are often inexperienced in technical trading concepts and they appreciate a mild and short learning curve.

In this domain, 3Commas is a clear winner. It is probably the most user-friendly automated trading platform developed so far. Beginners can enjoy a set of useful training materials, allowing them to master the necessary skills in a short period.

On the other hand, Cryptohopper seriously lacks documentation and training support. The difference here is so profound that it may be one of the decisive arguments for beginners to opt for 3Commas, regardless of other qualities of both automated trading tools.

UI/UX

3Commas automated trading platform is the result of systemic efforts of its developers to deliver tools and features that are easily customizable, allowing users to design, connect, and change their trading strategy.

3Commas UI UX

An easily understandable and intuitive user interface guarantees a fast-track approach to 3Commas’ Smart Trading features.

Conversely, Cryptohopper’s user interface is less intuitive than 3Commas’. Its dashboard is a bit too demanding, which can be overwhelming for novices.

Cryptohopper UI UX

The good thing is that there are many useful tutorials on how to use each of the bots, created by the developers or by different YouTubers and bloggers.

Here, we see 3Commas as the winner in terms of user-friendliness.

Pricing

Cryptohopper offers four subscription plans, including a time-limited free account package

The pricing tiers rise significantly higher and higher, but before subscribing, a user can test out the platform during a 7-day trial period, without even submitting the payment information.

Pioneer (7-day free) plan:

  • Access to strategy builder
  • Portfolio management
  • 130+ indicators and candlesticks
  • Strategy backtesting
  • Manual trading only

Explorer (19$ per month) plan:

  • 80 positions
  • Max 15 selected coins
  • Max 2 triggers
  • TA with 10 min interval
  • 1 Simulated Trading Bot

Adventurer (49$ per month) plan:

  • 200 positions
  • Max 50 selected coins
  • Max 5 triggers
  • TA with 5 min interval
  • 1 Simulated Trading Bot
  • Exchange arbitrage

Hero (99$ per month) plan:

  • 500 positions
  • Max 75 selected coins
  • Max 10 triggers
  • TA with 2 min interval
  • All coins for signals
  • Market Arbitrage
  • Market-Making
  • 1 Simulated Trading Bot

3Commas is free to try out for three days, after which you have to decide which package you will purchase. There are three available packages – Starter package, Advanced, and Pro.

Starter Plan (29$ per month):

  • Trading platform and free educational materials
  • Access to general and altcoin signals from TradingView
  • Simultaneous orders like take profit, stop loss, etc.
  • Active SmartTrade
  • Unlimited scalper terminal
  • One grid bot
  • One options bot
  • One DCA Bot
  • Paper trading to review the 3Commas bot and its features safely
  • Unlimited scalper terminal
  • Unlimited smart trades

Advanced Plan (49$ per month):

  • All the features of the starter plan
  • Unlimited DCA bots

Pro Plan (99$ per month):

  • All the features of the Starter plan
  • All the features of the Advanced plan
  • Unlimited grid bots
  • Unlimited options bots
  • Composite bots & strategies
  • Bitmex and ByBit bots

The nuances decide which bot offers more for less. The pricing of the plans is similar, but we might say the financial burden for non-professional traders is a bit lighter with Cryptohopper.

Crypto Exchanges Supported

Crypto Exchanges Supporteder is currently compatible with 13 exchanges, and 3Commas – with 20:

Cryptohopper

  1. HitBTC
  2. OKEX
  3. BitPanda Pro
  4. KuCoin
  5. Bitvavo
  6. Binance
  7. Binance US
  8. Coinbase Pro
  9. Bittrex
  10. Poloniex
  11. Bitfinex
  12. Huobi
  13. Kraken

3Commas

  1. Binance
  2. Binance Futures
  3. Binance TR
  4. Binance US
  5. Bitfinex
  6. Bitstamp
  7. Bittrex
  8. Bybit
  9. Coinbase Pro (GDAX)
  10. Crypto.com
  11. Gate.io
  12. Gemini
  13. Huobi Global
  14. KuCoin
  15. OKX
  16. BitMEX
  17. Bybit
  18. Deribit
  19. Gate.io
  20. OKX Futures

 

Note: not every exchange supports all 3Commas’ features.

What to Check Before Connecting Either Platform

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