What Cryptohopper and 3Commas Wont Tell You And How to Build the Alternative
Disclaimer: Not financial advice. This is an educational comparison. All trading examples use paper trading only. Crypto is extremely volatile you can lose 100% of your investment. I'm not here to ...

Source: DEV Community
Disclaimer: Not financial advice. This is an educational comparison. All trading examples use paper trading only. Crypto is extremely volatile you can lose 100% of your investment. I'm not here to bash Cryptohopper or 3Commas. They're legitimate products with real users and real utility. But there are things they won't tell you in their marketing things I had to learn the hard way. And there's an alternative approach they definitely won't mention, because it makes their product unnecessary. Let's talk about both. What Cloud Trading Bots Don't Tell You 1. Your API Keys Are Permanently Exposed When you connect your exchange to a cloud bot, you create an API key with trading permissions and paste it into their system. That key now exists in their database. Permanently. Until you revoke it. If their database is breached and security breaches happen to reputable companies your API key is compromised. Depending on the permissions you granted, that could mean someone has the ability to trade