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How to select a Copy Bot?

Considerations for selecting a Copy Bot: Exchange compatibility, quote currency choice, order frequency. Explore Cryptohopper's Marketplace.

Pete Darby avatar
Written by Pete Darby
Updated over a week ago

When selecting a Copy Bot, there are several factors to consider:

  1. Crypto Exchange: Ensure that the Copy Bot operates on the crypto exchange you use. If not, you may need to consider creating an account on a supported crypto exchange.

  2. Choice of Quote Currency: Verify if the Copy Bot trades with the quote currency you intend to use. Your Copy Bot uses the quote currency to purchase other currencies and sell them back for the quote currency. Deposit funds corresponding to the quote currency to ensure your bot has the necessary funds for trading.

  3. Frequency of Orders: Always check how frequently the Copy Bot places orders. Some Copy Bots trade frequently, while others trade infrequently.

Checkout all Copy Bots in Cryptohopper's Marketplace.

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