Get up to 25% off trading fees: sign up with code Bestrader. Join Fomo here (opens in a new window). Fomo's standard trading fee is about 0.5% per trade, so the discount adds up fast when you trade often.
Fomo is a social crypto trading app built for speed. It combines a trading terminal with social features, so you can find a coin, see what other traders are doing, and buy or sell in a few taps, all from your phone. Think of it as trading plus a live feed of what everyone else is trading.
This guide explains what Fomo actually is, how the social and copy-trading side works, and what to know before you sign up.
What is Fomo?
Fomo is a mobile-first app for trading crypto, including meme coins, altcoins, and stablecoins, across Solana and Base. Its whole pitch is removing friction. You do not bridge assets or manage gas manually, and the trading loop lives inside one app instead of a wallet plus a separate DEX.
The part that makes it different from a normal exchange app is the social layer:
- A trader leaderboard so you can see who is performing well.
- Live trade feeds showing positions and moves in real time.
- Follow and copy trading so you can track or mirror traders you rate.
- Notifications on market moves and the traders you follow.
How Fomo works
Onboarding is intentionally light. You sign in with a Google or Apple account, fund your in-app wallet, and start scanning markets. Funding is designed to be simple, with support for USDC and card or Apple Pay style payments, so you can go from download to first trade quickly. Our deposit guide covers the funding step in detail.
Fomo is designed as a non-custodial app, which means you control your wallet rather than the app holding your funds the way a centralized exchange does. That is a meaningful difference for security and responsibility, and we break it down in the Fomo wallet guide. Always confirm the current custody details and back up your recovery information.
Fees, and the discount
Fomo charges a transparent trading fee, around 0.5% per trade, instead of a tangle of hidden costs. Because meme trading means a lot of quick in-and-out trades, that rate compounds, so lowering it matters.
Use code Bestrader when you sign up and you get up to 25% off trading fees. Set it up through our Fomo link before you deposit so the discount is attached from your first trade. Run your typical size through our fee calculator to see what 25% off actually saves you over a busy week.
Who Fomo is for
Fomo suits traders who want to move fast on Solana and Base meme coins and like the social angle: seeing real positions, following sharp traders, and copying strategies instead of staring at charts alone. It is a strong home base for that scene, though it is not an official Robinhood partner. Complete beginners should start with our Fomo beginner's guide.
The honest caveat
A slick app does not change the underlying odds. Meme coins are extremely high risk and most go to zero. Copy trading can amplify losses just as easily as gains, because you are mirroring someone else's risk appetite. Start small, size positions so no single coin can hurt you, and only trade money you can afford to lose. See how to trade Solana meme coins safely for the guardrails.
Bottom line
Fomo is a social, mobile-first crypto trading app for Solana and Base, with copy trading, a non-custodial wallet, and a simple ~0.5% fee. Sign up with code Bestrader through our Fomo link for up to 25% off fees. Just treat it as a fast tool, not a shortcut around risk. Nothing here is financial advice.