CryptoHero Review: We tested the crypto bot in 2023
Let me guess: You’ve come looking for a CryptoHero review because you’re not convinced the trading software is legit?
If so, well done!
Before signing up to any crypto platform, it’s crucial to do your research because there are many scams and bad actors out there!
Luckily for you, we have put CryptoHero through a rigorous test and can tell you whether you should sign-up.
But before we do that, let’s examine the facts about the platform in 2023.
How we conducted this review
Unlike most CryptoHero reviews you’ll find on Google, this wasn’t slapped together in a few hours using Chat GPT.
Instead, it’s the result of a major deep dive carried out over several weeks.
We wanted to be 100% sure CryptoHero is worthy of your investment.
To determine this, we took several steps:
- Conducted an in-depth review of its security measures
- Assessed its ease of use
- Examined genuine user testimonials
- Researched the team behind the product
- Tested the responsiveness of its customer support
Our goal was to give you a comprehensive, unbiased evaluation of whether CryptoHero stands up to the hype.
So, with all that in mind, let’s begin our comprehensive review…
What is CryptoHero?
Because the platform connects directly with your crypto exchange account via API, you don’t need to deposit cryptocurrency directly with the platform.
This means you don’t need to worry about CryptoHero going bust or running off with your crypto, because it can’t!
I love that extra layer of safety.
As of 2023, CryptoHero is trusted by thousands of experienced and novice traders around the world.
How CryptoHero works
Once you’ve connected CryptoHero to your cryptocurrency exchange, it can execute trades automatically (even while you sleep).
The platform does this by using a series of pre-set trading algorithms that can execute trades on your behalf. These algorithms are called ‘bots’.
A great thing about CryptoHero is you can either create your own bot, or rent one that has been created by somebody else.
CryptoHero will then use that bot to carry out the pre-determined trading strategies, making buy or sell decisions based on real-time market data, trends, and indicators.
If you want to ‘rent’ a bot, there is a marketplace that lists the best performers by APY (Annual Percentage Yield) and W/L ratio (win/loss ratio).
In the following screenshot, which I captured in September of 2023, you’ll see there is a bot with an APY of 640%, which you can rent for US$5 per month.
Who is behind CryptoHero?
CryptoHero is developed by the Novum Group, which is a consortium of companies from the blockchain space.
The team, which includes experts in software development, financial markets, and machine learning, is led by founder Christopher Low.
With nearly two decades in tech entrepreneurship, Mr Low has an impressive history of success.
His first major venture, Pendulab, was a SaaS platform that gained thousands of global customers and was eventually acquired by a U.S.-based private equity firm.
He later founded Viwawa, a leading casual gaming platform in Southeast Asia, and SoftPay Mobile, which became Vietnam’s largest Mobile Point of Sale service.
A graduate in Computing from the National University of Singapore, Mr. Low’s varied experience and passion for blockchain make him a formidable leader for CryptoHero.
Is CryptoHero a scam?
After conducting significant research, we can safely say CryptoHero is not a scam.
Despite being relatively new to the market, the platform has rapidly gained traction and has garnered significant attention from traders globally.
One of the hallmarks of its credibility is its connectivity with premier cryptocurrency exchanges in the industry, which provides users with seamless and reliable trading experiences.
Furthermore, CryptoHero demonstrates its commitment to its users by offering its basic services at no cost.
CryptoHero’s security protocols align with the industry’s gold standards.
The platform employs a robust secure protocol for its software hosting and utilizes API keys for executing fund transfers to and from various cryptocurrency exchanges.
By facilitating backend access to your crypto accounts, the trading bots of CryptoHero ensure that your passwords remain uncompromised and safe.
In terms of customer support, CryptoHero adheres closely to what’s expected in the industry.
During business hours, users can leverage the live chat feature.
If agents aren’t immediately available, a systematic queue ensures you’re lined up to be assisted as soon as an agent becomes free.
Although incorporating video or phone support would be an appreciated addition, it’s not a major shortcoming for CryptoHero at this time.
CryptoHero offers various pricing plans designed to cater to different trading needs.
Free plans are available for those who want to try the platform without financial commitment, while more advanced features require a monthly subscription.
The table below shows exactly what you get in each subscription tier:
CryptoHero currently has a 4.2 star rating on the Apple App Store.
Here is a selection of the CryptoHero reviews out there:
“This software and especially their customer service impressed me so much that I felt compelled to give them a good review. To anyone who is looking for a great crypto trading bot, look no further. CryptoHero is the one.” – Jason B, Fund Portfolio Manager
“I am a retail trader but have been dabbling in trading bots since the pandemic started just to earn some extra income. I’ve used a few (shall not name them here) and find CryptoHero to be the best overall in terms of price to functionalities.“ – Henry W, Game Operation Manager
“I’ve been using this app for a month and am glad to make some profits from the bots. Unlike others which I’ve tried, the onboarding for this CryptoHero was easy. The UI is logically laid out as well.“ – Joel M, Software Engineer
Conclusion: Is CryptoHero worth the money?
The value of CryptoHero ultimately depends on your specific trading needs and how well you can leverage its features for your benefit.
Its user-friendly interface, variety of available trading strategies, and pricing options make it an attractive choice for many traders.
However, like any trading bot, it’s essential to remember that it’s a tool that should be used in conjunction with a well-thought-out trading strategy and risk management practices.
For those willing to invest the time in setting up their trading bot correctly and monitoring its performance, CryptoHero can be a valuable asset.
Therefore, based on its capabilities and functionalities, many users may find that CryptoHero is indeed worth the investment.