What is the fomo app?

How does fomo work?

You sign up with email or Apple/Google, a self-custodial wallet is created for you (powered by Privy), you deposit with Apple Pay, a card or crypto, and you trade from a feed of other traders' activity.

What does it cost?

0.50% per spot trade with about a $0.95 minimum; 0.45% with a referral code such as maxama.

Is fomo an exchange?

No. It is a self-custodial app that routes trades on-chain (via DFlow, according to fomo), not a regulated exchange or broker.

Where can I use it?

iPhone, Android and the web at fomo.family; app availability varies by country.

How trade size changes what you really pay

Platform fees are only part of the cost. On every buy and sell you also pay network fees, sometimes a priority tip, the liquidity pool's own fee and price impact. Price impact grows as your order gets bigger relative to the pool's liquidity, which is why the same token can be cheap to buy for $50 and expensive for $5,000. Before any trade, look at the expected output on the confirm screen, not just the headline fee.

Plan your exit before you enter

Memecoins can drop 50% in minutes and some become impossible to sell. Write down three numbers before buying: the most you will lose (then sell), the price at which you take back your stake, and a time limit after which you exit if nothing happens. Rules decided in advance beat decisions made while the chart is moving.

Account security checklist

Use a unique password and app-based two-factor authentication on the email or Apple/Google account you log in with. Never share login codes or private keys with anyone, including people claiming to be support. Bookmark the official domain and use it instead of search ads or links from DMs. Keep only trading money in a hot wallet.

Related fomo guides

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