What Is the Fomo App and How Do You Use It?

Fomo is a crypto trading app where you can buy a Solana meme coin and a Base token from the same balance, then post how the trade went. It runs on iPhone and Android, and on a computer at fomo.family. FOMO Labs Inc. owns it.

What is the Fomo app?

Think of Fomo as a trading app with a social feed built in. Trades from other users show up live, and people post short notes on why they bought. You can open a coin and see which traders hold it, and you can filter the feed down to what you care about.

Someone at the top of the leaderboard this week can be down next week. Fomo has no copy trading, so every buy is your own decision.

What can you trade on Fomo?

You can trade tokens on eight chains from one cash balance: Solana, Base, BNB Chain, Monad, Ethereum, Robinhood Chain, Arc and Elysium. You never move money between chains yourself, because Fomo does that part for you.

Meme coins get most of the attention, but big coins like BTC and ETH are there too. Outside the US, Fomo also offers perps, which use borrowed money. Skip them until normal trading feels easy.

How to sign up for Fomo

1. Install the Fomo app from the App Store or Google Play, or open fomo.family in a browser. Check that the developer name is FOMO Labs Inc. before you install.
2. Sign in with your Apple ID or your Google account.
3. Pick a username. You can connect your X account now or later.

You won't get a seed phrase to copy, and you skip the long ID check. Fomo makes two wallets for you, one for Solana and one EVM wallet that the other seven chains share. They are non-custodial, so the keys belong to you and Fomo staff can't move your coins. The flip side is that nobody can undo a mistake for you.

Write down which login you used. Before you deposit, turn on multi-factor authentication in Settings under Security. The guide to creating a Fomo account shows every screen. You need to be 18 or older to use Fomo.

How to add money to Fomo

Start with an amount you'd be fine losing while you learn the app. The guide to how much money you need to start lists every minimum. On your phone, tap Deposit. The options depend on your country and account, so two friends can see different lists. Some people can pay by card or Apple Pay. Crypto shows up for everyone.

With crypto, the network is the part to get right. Pick the network in Fomo, then send USDC on that same network. On Robinhood Chain you send USDG instead. The first time, send a small test amount and wait for it to land. On the web you can deposit crypto only.

How to make your first trade

1. Search for the token by name, or paste its contract address. The address is safer, because fake tokens often copy a popular name.
2. Before you buy, check the token's liquidity and how much of the supply the top wallets hold. Thin liquidity or a few giant holders means the price can collapse in minutes.
3. Type a small amount and open the trade details to see the fees.
4. Confirm, then find the new position on your profile.

What does a trade cost?

On most chains, Fomo charges 0.50% per trade and you pay the network fee on top. Solana works differently. Fomo pays the network costs there, and small trades use a sliding scale on Solana's cheapest route: 0.10 USDC under 5 USDC, 2% from 5 to 47.50 USDC, and a flat 0.95 USDC from 47.50 to 190 USDC. Above 190 USDC, the rate is 0.50%. Other Solana routes charge 0.50% with a 0.95 USDC minimum.

In practice, a 10 USDC trade on that route costs 0.20 USDC (2%), and a 200 USDC trade costs 1 USDC (0.50%). Tiny trades lose a bigger share to fees.

A few major tokens cost only 0.05%. If you joined with a referral code, the 0.50% rate drops to 0.45%. Some meme coins also carry a token tax set by their creators. Trust the number on your trade screen over any guide, including this one.

How PnL and PnL cards work

PnL is short for profit and loss. Fomo tracks it for each position, and the number includes any part you already sold. When you close a trade, Fomo uses the price you got, which can differ a bit from the quote.

A PnL card turns a position into an image you can post on X. Fomo has share cards for top trades and holdings. It also has replay cards, which animate a trade from entry to exit. Cards you share carry your referral code.

A card shows the result but not the risk the trader took, and a 1,000% card from last month says nothing about the price today. You can also post a thesis, a note of up to 3,000 characters on why you bought a coin you hold.

Common Fomo problems and how to fix them

My account looks empty

You probably signed in with a different Apple ID or Google account than the first time. Each login opens its own account, so sign back in with the original one.

My deposit never showed up

Most of the time, the USDC went out on the wrong network. Fomo only credits USDC on the networks its Deposit screen lists. On a supported chain, check the minimum, because a smaller amount waits until a top-up pushes it over. Ethereum deposits can also wait while network fees are high.

If you used an unsupported network, the funds are still at your address. You hold the private key, so you can move them to a supported network yourself.

I got a worse price than the quote

Small coins move fast, and other trades can land between your quote and your fill. Use smaller orders on thin coins. You can also set a custom slippage limit in the trade details, and the trade fails if the price moves past it.

A token I never bought is in my wallet

Scammers send fake tokens to wallets in bulk. They often show a big dollar value that you can't sell. Leave them alone and never sign anything connected to them.

Card deposits don't work in my country

Some users in Canada have said in App Store reviews that card deposits didn't work for them. When cards aren't open in your region, the app says so. Crypto deposits work everywhere Fomo does, so buy USDC on an exchange and send it over on the right network.

A quick word on risk

Crypto prices can drop fast, and meme coins can go to zero. You can lose some or all of the money you put in. Fomo doesn't give investment advice, so only trade money you can afford to lose.

Fomo app FAQ

Is the Fomo app legit and safe?

FOMO Labs Inc. is a Delaware company, and it isn't a bank or a broker. Your coins sit in wallets you control, so the main risks are the coins you pick and how well you guard your login. Turn on MFA, and never hand your private key to anyone, including people who say they work for Fomo.

Which countries can use Fomo?

Most countries can. In its terms, Fomo shuts out Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Syria, Venezuela, Yemen, the Democratic Republic of Congo, the Crimea, Donetsk and Luhansk regions of Ukraine, and any place under sanctions. US persons can't trade perps, and people in the US, Canada, the UK and Switzerland can't trade stock tokens. The full list is in where Fomo is available.

Does Fomo work in Canada?

Yes, for buying and selling crypto. Stock tokens aren't open to Canadians, and if a card deposit fails, you can send USDC instead.

How much does Fomo charge?

Most trades cost 0.50%, and small Solana trades follow the sliding scale above.

Does Fomo have a Discord?

Yes. Open Settings in the app and tap Discord to join the official server.

How do I reach Fomo support?

Email [email protected], or open Settings in the app and tap Help and Support. Here is what to send so support can help faster.

Can I copy other traders?

No. You can follow traders and watch what they buy, but you place every trade yourself.

Where to go next

New to all of this? Follow the first week checklist, one small step a day. The tab-by-tab tour shows where everything lives, and the Fomo glossary explains the trading words on each screen.