Mizar vs Cryptohopper: Picking The Best Copy Trading & Automation Platform
Mizar vs Cryptohopper Crypto Bot Comparison: A Quick Overview
Although Mizar and Cryptohopper are both platforms designed to automate trading, their approach differs across the board. This article breaks down key and advanced features to consider which automated trading platform might fit you better.
Mizar vs Cryptohopper Crypto Bot: Pros Compared At A Glance
Mizar Crypto Bot Pros | Cryptohopper Crypto Bot Pros |
|---|---|
Token-powered automated trading ecosystem | AI-powered crypto trading bot |
Unlimited features at no extra cost Up to a 95% discount on paid plans, only pay if trading | Expert-level features, beginner-friendly tools and flexible setup options |
Intuitive onboarding and one-click trading automation experience | IOS/Android mobile app and one-click trading |
Mizar vs Cryptohopper Crypto Bot: Cons Compared At A Glance
Mizar Crypto Bot Cons | Cryptohopper Crypto Bot Cons |
|---|---|
Lacks reputation, as the platform has been launched recently | Limited free mode duration and features |
No mobile application | No trading signals by default |
Disrupted learning curve | No marketplace for copy trading strategies, only signals. You have to setup bots by yourself |
Mizar vs Cryptohopper Crypto Bot Comparison: In-Depth View
Mizar vs Cryptohopper Crypto Bot Comparison: Key Features
Description | Mizar Trading Bot | Cryptohopper Trading Bot |
|---|---|---|
Unlimited Features [W/O Subscription] | Yes | No |
User-Friendliness | High | Medium |
One Click Copy-Trade | Yes | No |
Marketplace Of Strategies | Yes | No |
DCA Bots [No Coding] | Yes | Yes |
API Bots | Yes | No |
Grid Bots [No Coding] | No | Yes |
Pay-Per-Use Paper Trading [Unlimited] | Yes | No |
API And TradingView Connect | Yes | Yes |
Portfolio Tracker | Advanced | Good |
Positions Manager | Advanced | Good |
Mobile App [IOS/Android] | No | Yes |
Free Paper Trading | Yes | No |
Mizar Trading Bot Key Features Explained
Copy Trading. Automatically Copy experienced traders in one click and enjoy profits.
Social Trading. Embrace a powerful trading community, tips, and strategies in an automated way.
Trading Bots. A wide range of bots, including DCA, Grid [soon], and API bots. No coding background or prior advanced trading experience required.
Marketplace. A venue packed with bot trading strategies for any taste.
Smart Trading & Portfolio Tools. Track and manage your portfolio like a pro while saving time with smart management automation. You can close the positions, cancel, add funds, edit take profits, and more.
Paper Trading. Safe trading environment, including practicing with stop loss & trailing orders, stop loss selling, multi-take profits, and more.
Cryptohopper Trading Bot Key Features Explained
Copy Trading. Less user-oriented copy trading, no one-click solution.
Social Trading. A powerful community to follow and exchange experience.
Trading Bots. DCA and Grid bots, but no API bots.
Marketplace. Cryptohopper doesn’t have a trading strategy marketplace.
Smart Trading & Portfolio Tools. Some portfolio tracking and management tools.
Paper Trading. Professional tools to test your trading ideas & strategies.
Mizar vs Cryptohopper Crypto Bot Comparison: Advanced Features
Description | Mizar Trading Bot | Cryptohopper Trading Bot |
|---|---|---|
Advanced Trading Functions (Stop Loss, Trailing, Multi Take Profits) | Yes | Yes |
Multi-Currency Bots | Yes, Unlimited | Yes, Depending On Your Subscription |
Multi-Exchange Bots | Yes, Unlimited | No |
Multi-Subscription Bots | Yes, Unlimited | Each Time You Want To Trade With A Bot, You Have To Develop/Copy A New One |
Multi-Quote Assets Supported | Yes | Yes |
Multi-Markets Supported | Yes | Yes |
Smart Trading Terminal | Yes | Yes |
Both Mizar and Cryptohopper have similar advanced features set, but Mizar does a better job when it comes to multi bots —- you get unlimited access, unlike Cryptohopper.
Mizar vs Cryptohopper Crypto Bot Comparison: Fees And Rewards
Description | Mizar Trading Bot | Cryptohopper Trading Bot |
|---|---|---|
No Subscription Or Monthly Fees | Yes | No |
Profit Sharing [For Copy Trading] | Yes | No |
Referrals - Scalable, Based On Traded Volumes | Yes | No |
Discounts | Up To 95% | 6% With Yearly Plan |
Free Trial | $10k Free Traded Volume Each Month + $5 For Free | 3 Days |
Mizar Trading Bot Fees And Rewards Explained
Trading with Mizar comes at no extra cost, as you can try all the features for free without any subscription or fees whatsoever. The trial is capped at $10k free traded volume each month. You don’t pay unless you trade over that amount.
Furthermore, Mizar has featured the STAR tiered system to provide a flexible fee structure for active users. You can get a discount on trading fees by participating in the project’s economy — the more you stake MZR tokens, the fewer your trading fees become. Total up to 95% discount on general fees, and up to 50% off the performance fees. [copy trading fees, paid only if profitable]
Cryptohopper Trading Bot Fees And Rewards Explained
Cryptohopper requires you to subscribe and pay regular fees to use the bot. The price isn’t as flexible because the platform doesn’t provide an opportunity to refer other users. However, you can get a 6% discount for a year-round plan. The free trial period lasts for 3 days straight, then you have to get a subscription.
Mizar vs Cryptohopper Crypto Bot Comparison: Exchanges & Customer Support
Exchanges
Description | Mizar Trading Bot | Cryptohopper Trading Bot |
Supported Exchanges | 11 CEX, Multiple Markets | 18 CEX, Multiple Markets |
Non-Custodial - API Connect | Yes | Yes |
Customer Support
Description | Mizar Trading Bot | Cryptohopper Trading Bot |
Customer Support | Very Good | Good |
Features Implementation Community Centric | Yes | No |
Cryptohopper supports more exchanges but doesn’t stand a chance against community relations. The key difference between Cryptohopper and Mizar lies in the operational model and community work. Mizar has the blockchain backbone, allowing decentralized decision-making, while Cryptohooper does not. In other words, the Mizar community has a say in major decisions, unlike Cryptohopper.
Closing Thoughts
The power of an automated trading niche lies with Mizar advanced features, flexible pricing, and the flywheel cultivated by tokenomics. Although the ecosystem is fairly new, traders can already benefit from copy trading and other smart trading tools — all under one single interface. Overall, it’s a go-to solution for traders of all talks.
Cryptohopper, on the other hand, is less user-friendly, has a few multi-trading features, and no blockchain underpinning. Onboarding is rather challenging, bot setups are complicated either. Especially if you’re a newbie looking for one-click solutions. Overall, Cryptohopper is a go-to solution for advanced traders with high-volume accounts.
FAQ
What is Copy Trading by Mizar?
The copy trading feature is a simple way to capitalize on the experience of other traders — you can copy their trades for profits. No trading, technical, or other experience required.
What is Smart Trading by Mizar?
On Mizar you can connect to TradingView and use indicators via Mizar copy trading & automation platform to spot trading opportunities otherwise missed. You can access a wide range of tools directly via the Mizar interface.
What Are Copy Trading Exchanges by Mizar?
The Mizar copy trading & automation platform supports 10 crypto exchanges, including the following: Huobi, FTX, Binance, OKX, Coinbase Pro, MEXC, WOO NETWORK, Bybit, Crypto.com, and KuCoin crypto exchanges.
What is a Crypto Portfolio Tracker?
Portfolio tracking software is one of the ways to manage your trading/investment activity. You can add, remove and rebalance your assets either manually or according to your predefined rules. This way, you can still efficiently control your portfolio while saving time.
