“The crypto market never sleeps”, is a sentence you’ve probably heard many times before. It’s exactly this urgency or FOMO (fear of missing out) that makes crypto trading so attractive to thousands of investors worldwide.
At the same time, no one wants to spend their days glued to a monitor, working non-stop to catch every market movement. More flexibility is now available to traders thanks to automated trading bots such as the HaasBot (By HaasOnline).
Today, we’ll compare HaasOnline’s product to another popular competitor – the Cryptohopper trading platform.
Table of contents
- About the Platforms
- Cryptohopper vs HaasBot: Pricing
- Cryptohopper vs HaasBot: Trading Features
- Security and Privacy
- Cryptohopper vs HaasBot: Supported Exchanges
- Customer Support
- Cryptohopper vs HaasBot: Conclusion
- Cryptohopper and HaasBot alternatives
About the Platforms
HaasOnline Software was founded in 2014 by current CEO Stephan de Haas. With the help of a stellar team of experts, HaasOnline Software launched the trading platform HaasOnline TradeServer (HTS) where users can engage in automated crypto trading using HaasOnline’s signature trading bots, simply called HaasBots.
This year, HaasOnline announced that they’ve been working on a web version of their popular on-premise product, which is currently being called HaasOnline Cloud. This is great because retail traders no longer have to download and install HTS to their computers and devices. Moreover, on the HaasOnline Cloud, the trading bots will run faster and smoother than ever before thanks to their unified advanced infrastructure. The platform is in the final testing stages and will be available very soon. For now, you can secure your spot on our waitlist.
The HaasBot makes use of a range of trading indicators, strategies, safeties, and signals to predict market movements and help a trader realize their trading strategy with ease. Although experienced traders can maximize the potential of these bots, they’re suitable for amateurs and hobbyists alike.
HaasOnline has an incredible selection of premade trading bots that traders can jump into and repurpose. The list includes Accumulation Bot, Advanced Index, Crypto Index, Flash Crash, Mad Hatter, Market Making, Ping Pong, Scalper, Trend Lines, a Zone Recovery Bot, and many more. Most of them work with their supported exchanges, except for a small number of bots that work with spot and leverage exchanges only.
Cryptohopper started as a personal project of Ruud Feltkamp, a Dutch entrepreneur, and his brother Pim, a developer and crypto enthusiast, in 2017. Their startup is headquartered in Amsterdam and they claim over 100k registration from around the world.
The brothers wanted to design a tool that would help them save time on crypto trading so they could focus on other activities. That’s how the “hopper” came to be, a name used for the platform’s crypto trading bots.
From a personal tool to one of the most popular automated trading platforms worldwide, Cryptohopper is a product that caters to the needs of different traders. Once you choose a trading strategy and preconfigure the trading bot, it keeps an eye on the market for you 24/7, places buy orders when the prices are lowest, and sell orders when the chances for profit are the highest.
Cryptohopper offers two options – you can either use a preconfigured trading bot with trading strategies that you can choose from or build and customize a bot yourself. If you’re a newbie, we suggest sticking to a ready-made template. For a sophisticated technical analysis, the bots work in sync with technical indicators such as EMA, Bollinger Bands, Stoch RSI, RSI, MACD, etc.
Cryptohopper vs HaasBot: Pricing
HaasOnline offers three payment plans: Beginner, Simple, and Advanced. You can subscribe for three, six, or twelve months, with an added discount for annual subscriptions. There’s also a discounted 14-day trial with a full refund if you change your mind.
Use Coupon COINCODECAP and get a 10% discount on HaasOnline products
Let’s take a look at the plans:
Perfect for crypto newcomers, the Beginner plan allows you to use 10 bots, 11 insurances, 10 safeties, and 20+ indicators. You can access all 26+ exchanges and receive chat/ticket support. The plan starts at about $200 for three months and is priced in Bitcoin.
If you’re really serious about crypto investing, purchase the Simple plan, and enjoy working with 20 bots, 13 insurances, 20 safeties, 40+ indicators, and a visual editor. The plan starts at about $350 for three months and is priced in Bitcoin.
Seasoned and institutional investors will benefit from the Advanced plan that gives them access to an unrestricted number of bots, insurances, safeties, and indicators. The plan starts at about $500 for three months and is priced in Bitcoin.
In comparison, Cryptohopper has a free Pioneer package that includes 20 positions, manual trading, and portfolio management but lacks trading bot support. To use their automated services, you can purchase one of the following packages:
Explorer Starter Package
The package features 80 positions, 2 triggers, 15 coins, one simulated trading bot, and paper-trading for $19 per month.
Adventure Medium Package
The package offers 200 positions, 5 triggers, 50 coins, one simulated trading bot, exchange arbitrage, and paper-trading for $49 per month.
Hero Pro Package
For the most experienced among you, this package offers 500 positions, 10 triggers, 75 coins, technical analysis, market arbitrage, and algorithm intelligence (BETA) for $99 per month.
Cryptohopper vs HaasBot: Trading Features
HaasOnline provides winning trading strategies by combining over 50 technical indicators with various insurances and safeties.
Insurances protect users from unwanted losses by determining which conditions must be met before the bot places a buying or selling order (e.g. Sell Lower, Overcome Fee Costs, Trade Only Sideways, etc). Safeties are basically signals that notify users of sudden market changes.
As a trader, to turn to an already developed trading strategy, you must be sure of its profitability. Both HaasOnline and Cryptohopper allow their users to backtest most strategies based on historical data. This way, you can compare a couple of different strategies before settling down for one.
Moreover, Cryptohopper also has some state-of-the-art trading features such as Stop-Buy, Stop-Short, Trailing Stop-Loss, and Dollar Cost Averaging. Their clients can subscribe to one of the platform’s technical analysts who are paid to observe the market and share their predictions with the subscribed traders’ bots.
Security and Privacy
As non-custodial platforms, both HaasOnline and Cryptohopper are more secure than their competitors. This means that malicious third-parties will have a much harder time intercepting traders funds. HaasOnline and Cryptohopper require little personal information when signing up for an account, except for the user’s email address. The platforms apply two-factor authentication, SSL-protocols to transmit and safeguard information, and notification alerts.
Cryptohopper vs HaasBot: Supported Exchanges
The HaasBot can be integrated with 26+ popular crypto exchanges: Binance, Binance Futures, Binance.us, Bitfinex, BitMEX, Bitpanda Pro, Bitstamp, Bittrex, Cex.io, Coinbase Pro, Deribit, Gemini, HitBTC, Huobi Global, Ionomy, Kraken, Kraken Futures, KuCoin, OKCoin, OKEX, OKEX Futures, and Poloniex.
This is almost twice as many when compared to Cryptohopper which supports 13 cryptocurrency exchanges: Kraken, Bitvavo, HitBTC, OKEX, Bitpanda Pro, Kucoin, Binance, Binance US, Coinbase Pro, Bittrex, Poloniex, Bitfinex, and Huobi.
On the platforms’ websites, you can easily find the ‘Support’ page where you can file a support ticket for any problems or questions. You can also browse through their FAQ/Questions section, documentation, guides, and blog posts. Cryptohopper also has a Tutorial Section with video courses and its own crypto learning academy.
The HaasOnline team has been commended for its transparency and responsiveness. They do their best to notify customers of any news and updates via social media channels.
Cryptohopper vs HaasBot: Conclusion
In conclusion, both HaasOnline and Cryptohopper set an industry standard when it comes to automated crypto trading. The final decision is yours to make but you can be sure that both companies are trusted trading providers.
HaasOnline makes an effort to satisfy the requirements of both retail and institutional investors, with or without previous trading experience. Whether you choose a simple and already tested strategy or use your knowledge to design your own, you have plenty of indicators, insurances, and safeties at your disposal, and a wider range of crypto exchanges our bots are compatible with.
Cryptohopper and HaasBot alternatives
- Quadency, a crypto trading automation platform launched in 2018. It brings you a smarter way to trade and manage your crypto. Also, read our Quadency review.
- Bitsgap, a one-stop crypto trading platform that caters to all your trading needs. It allows its users to bring all their crypto-exchange accounts under the same roof and trade from an integrated interface. Read our Bitsgap review.
- 3Commas is an online platform for people interested in trading cryptocurrencies using automated bots. It is especially attractive for people without a technical background in finance or extensive experience in stock markets. Read our 3Commas review.