PrimeXBT vs Cryptohopper: Fees, Coins, Safety Comparison
| Feature | PrimeXBT | Cryptohopper |
|---|---|---|
Overall |
3.8 |
3.8 |
3.5 |
1 |
|
4.1 |
4.7 |
|
4.4 |
4.4 |
|
Investment Instruments |
3.7 |
4.2 |
Platforms and Charting Tools |
3.8 |
4.3 |
Deposit and Withdrawal |
3.5 |
3.7 |
Research |
3.7 |
4.1 |
Education |
3.7 |
3.5 |
Support |
3.3 |
3.7 |
Bonuses |
4.2 |
4.4 |
|
Your capital is at risk.
|
Your capital is at risk.
|
PrimeXBT vs Cryptohopper: Pros and Cons
The PrimeXBT exchange is an international platform for trading cryptocurrencies, tokenized assets, stock indices, and currency pairs. Cryptocurrencies include Bitcoin, Litecoin, Ethereum, Tether, and others. All crypto assets can be bought and sold for US dollars. Currency assets are traded among themselves, with resources and metals. For example, you can buy and sell silver for US dollars. There is Bitcoin trading with leverage up to 1:1000. The company has developed its own trading terminal, called PrimeXBT, with a built-in function for copying trades; and there are browser and mobile versions. The terminal is distinguished by its high-speed operations and advanced functionalities. There is also a demo account.
CryptoHopper is a multi-purpose platform that combines its hub functions, copying service, social trading, and an investment portfolio management service. The CryptoHopper terminal trades in Bitcoin, Ethereum, Litecoin, and dozens of other cryptocurrencies and tokens, which are presented on partner exchanges. The one-of-a-kind system stands out for the presence of free-of-charge trading bots where you can create and test your bots. The platform also provides an emulator of exchange strategies. There is also an in-depth training system.
| PrimeXBT | Cryptohopper | |
|---|---|---|
| Overall Pros | Ability to trade in cryptocurrencies, currencies, indices, and other assets | cryptocurrencies can be traded on any of the partner exchanges from CryptoHopper’s terminal; |
| low trading commissions, large leverage; | no fees or fixed payments for using the service; | |
| several options for the referral program; | profitable partnership and investment program; | |
| own service for copying trades; | service for copying transactions and auto-trading bots; | |
| KYC verification, high level of security; | a vast selection of instruments; | |
| simple and convenient trading terminal; | synchronization of accounts on diverse exchanges; | |
| A demo account is avaible | large trading volumes. | |
| Overall Cons | the company does not have a call center; | free mode is extremely limited in functionality. |
| API is not supported. |
PrimeXBT vs Cryptohopper: Safety and Regulation
| Regulated By: | PrimeXBT | Cryptohopper |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
Licenced in Seychelles |
No |
PrimeXBT vs Cryptohopper: Trading Conditions
| Trading Conditions | PrimeXBT | Cryptohopper |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
PrimeXBT |
Cryptohopper |
Max Leverage (Futures) |
1-1000 |
44835 |
Number of Markets |
100+ |
500+ |
Trading Accounts |
2 |
1 |
Base Account Currencies |
USD, EUR, GBP + 30 fiat currencies, Cryptocurrencies |
Cryptocurrencies, Fiat currencies |
PrimeXBT vs Cryptohopper: Fees
Trading Fees
| Fee | PrimeXBT | Cryptohopper |
|---|---|---|
Max Maker |
0.05% |
0 |
Max Taker |
0.05% |
0 |
Min Maker |
0.01% |
0 |
Min Taker |
0.01% |
0 |
Debit/Credit Card Purchase Fee |
0 |
0 |
Futures Trading fees
| Fee | PrimeXBT | Cryptohopper |
|---|---|---|
Max Maker |
Not supported |
0 |
Max Taker |
Not supported |
0 |
Min Maker |
Not supported |
0 |
Min Taker |
Not supported |
0 |
Non-Trading Fees
| Fee | PrimeXBT | Cryptohopper |
|---|---|---|
Account Fee |
No |
Pioneer - 0%; Explorer $16.58/mo; Adventurer $41.58/mo; Hero $83.25/mo |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
Not supported |
Debit/Credit Card Withdrawal Fee |
0.0005 BTC |
0 |
BTC Withdrawal Fee |
0.0005 BTC |
0 |
Inactivity Fee |
No |
No |
PrimeXBT vs Cryptohopper: Trading Assets
| Asset Name | PrimeXBT | Cryptohopper |
|---|---|---|
Overall |
41+ |
500+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
No |
NFT |
No |
Yes |
Crypto ETF |
No |
No |
PrimeXBT or Cryptohopper: Investment Programs
| Asset Name | PrimeXBT | Cryptohopper |
|---|---|---|
Staking |
Yes |
No |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Copy Trading |
Automatic Trading, Social Trading, |
Trading Platforms: Cryptohopper or PrimeXBT
| PrimeXBT | Cryptohopper | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Cryptohopper or PrimeXBT
| PrimeXBT | Cryptohopper | |
|---|---|---|
SMS Based 2 FA |
Yes |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Cryptohopper or PrimeXBT
| PrimeXBT | Cryptohopper | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
No |
Yes |
Live 2 Quotes |
No |
Yes |
Mobile trading: Cryptohopper or PrimeXBT
| PrimeXBT | Cryptohopper | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Cryptohopper or PrimeXBT
| PrimeXBT | Cryptohopper | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
Yes |
PrimeXBT vs Cryptohopper: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | PrimeXBT | Cryptohopper |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
PrimeXBT vs Cryptohopper: Research
| Research Type | PrimeXBT | Cryptohopper |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
PrimeXBT vs Cryptohopper: Education
| Education Type | PrimeXBT | Cryptohopper |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
No |
Cryptohopper vs PrimeXBT: Support
| Support Features | PrimeXBT | Cryptohopper |
|---|---|---|
Working Days |
44766 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
No |
Other |
No |
Request form |
PrimeXBT vs Cryptohopper: Crypto Bonuses and Promo
| Promo | PrimeXBT | Cryptohopper |
|---|---|---|
Crypto Bonus |
A deposit bonus of 7% on deposit, up to $7,000 |
30% Sign up Bonus Hero Pro Cryptohopper Subscription, temporary bonus offers |
Affiliate Program |
According to the standard affiliate program, you can receive up to 70% of the commissions of each referral, depending on the volume of his trades. According to an alternative program, you can be credited $40-1,250 for each client referred. |
CryptoHopper offers a flexible affiliate program based on getting a referral link to invite users. It is available to any verified trader. A user who has registered on the platform using TU’s referral link will bring you income by trading on partner exchanges. The benefits are: up to 15% from each payment of your referral; $1.9 per referral fee for whoever bought the ExplorerHopper package; $4.9 per referral fee for whoever purchased the Adventure Hopper package; $9.9 per referral fee for whoever bought the HeroHopper package. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Cryptohopper
-
Comment
If you want to automatically trade cryptocurrencies, Cryptohopper is a good option. It has both ready-made robot programs and a constructor that helps traders independently create a trading program for automatic opening of orders when trading cryptocurrencies. And here a lot will depend on the trader’s strategy. That's why I chose Cryptohopper.
-
Comment
I think that they shouldn’t write negative reviews of Cryptohopper. Indeed, this is not a standard cryptocurrency exchange. But there are good opportunities for automatic trading on different exchanges. Trading programs are created based on templates. If you have no trading experience, you can use a ready-made trading advisor. Nobody says it is safe and 100% profitable. Everything is like ordinary trading.
-
Comment
It is better not to start working with cryptohopper. It’s a terrible platform for exchange or trading, everything here works with problems. And cryptohopper charges a large fee for such services. The exchange administration claims that they do not charge a deposit fee. But when I entered USDT 600, I only received 570. And the rest of the money, according to support, was withheld as a fee. So this is how they deceive traders here.
-
Comment
Tried trading with Cryptohopper's robots and realized that I made a big mistake. You cannot trust third-party software when you are trading and using your own money, especially when it comes to cryptocurrency trading. The robot programs at Cryptohopper are not the cheapest, and you can only test them by fully paying for the rental. As a result, I lost money both in renting and in trading with the robots.
-
Comment
I can confidently say that Cryptohopper is a scam. I don't know what kind of trading bot designer the company offers. I used to rent trading bots that they designed. By the way, I was immediately offered ready-made programs for trading. And it was these Cryptohopper bots that led me to lose almost BTC 0.38. Of course, no one returned my money to me.
Top 5 Reviews on PrimeXBT
-
Comment
PrimeXBT has a lack of transparency regarding fees that can eat into profits. I cannot recommend PrimeXBT as a reliable option for crypto trading. Potential users would be wise to explore alternative exchanges offering more user-friendly interfaces, transparent fee structures, and robust security measures.
-
Comment
It has recently become impossible to trade with primexbt, as the trading platform freezes very much when opening an order, and when it reaches the take, it does not close immediately, so the price turns in the other direction!
-
Comment
I feel comfortable trading with PrimeXBT, I have no questions about this company. Trading conditions are acceptable. Trading itself is going well. There are no problems, no failures, etc. withdrawals are fast too. So everything is ok.
-
Comment
No one will get bored in PrimeXBT. There are a lot of opportunities for trading and assets. Traders of different skill levels will find the most profitable for them. The broker does not interfere with trading, everything is always fast. I mean execution. And most importantly - withdrawals! They are quick and efficient! I advise you to trade here! You won’t blame me)
-
Comment
Quality broker. I advise for beginners, the conditions for trading are excellent, the spreads are acceptable. And most importantly - the broker withdraws profit! It's worth it guys!
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.