Knowledge base | Alpha Impact

How to stake FOLO in Alpha Impact Lobster Trading Competition

In order to complete your first stake on Alpha Impact, you will need to complete the following steps.

Buy and Deposit FOLO: When you first log in to the Alpha Impact platform, you will see this “Wallet” icon on the left-hand side of the navigation bar

For new users who want to buy FOLO tokens, please click on “Buy FOLO” or follow this article on how to purchase FOLO tokens

For users who have existing FOLO tokens, click on the “Get On-chain Wallet” icon to deposit FOLO tokens.

According to your wallet address, select your (Polygon / Ethereum) network and ensure that the network is the same as your wallet address.

If you have any issues or for more details about how it works, feel reach to reach out to our Telegram community managers.

Once you deposit FOLO in Alpha Impact Wallet, refresh the page and you would be able to see your deposited FOLO in the “Total” and “Balance” segments.

*Please be mindful that the “Total” Balance included the Sum of Credits as well. For the staking program, we accept FOLO tokens only.

After depositing on Alpha Impact, here are 4 steps on how to stake on a trader on Alpha Impact!

1. Go to the left side of the navigation bar and click the “Competition” page.

2. You will be able to see some traders who have already registered for the Alpha Impact Trading Competition. Click on the “Stake a Trader” button to select the trader you would like to stake

3. The minimum and maximum amount that you can stake on a trader is 750 FOLO to 15,000 FOLO (Est. min $2 – max $50 USD ). Choose the amount you would like to stake on your selected trader.

4. You should see a sliding pop-up in the top right corner that indicates that you have successfully staked on a trader.

For stakers, you will only be able to stake on a maximum of 3 traders so choose wisely.

It’s important to note that all FOLO tokens (the FOLO that you staked) that have been staked on the selected Trader will be locked until the competition starts to end. Hence, during the competition, staked FOLO cannot be unstaked until the end of the competition period.

This ensures that stakers remain committed throughout the competition and helps maintain the integrity of the event.

In Alpha Impact Trading Competition, stakers need to be aware of the profit and risk of losses as their profit and loss is depending on the trader’s trading performance during the competition period.

Here are 3 scenarios of what might happen to your staked FOLO tokens:

If the staked trader becomes one of the TOP 3 TRADERS and made a PROFIT during the competition period.

Stakers who have correctly staked on the top 3 traders will be able to share 40% of the competition prize pool. Additionally, if the selected staked trader manages to earn a profit of 50%, stakers who have staked on them will be able to earn 50% of the amount they staked on Trader A.

If the staked trader DID NOT become the top 3 traders but made a PROFIT during the competition period.

Stakers who have allocated their stakes to traders who achieve profitability, regardless of their ranking within the top 3, will have the opportunity to receive 90% of the generated profit (e.g., 50% profit) based on their stake amount associated with that particular trader.

If the staked trader DID NOT become the top 3 traders but made a LOSS during the competition period.

If stakers choose a trader to stake on, but the trader fails to rank among the top 3 traders and instead experiences, let’s say, a 50% loss during the competition, stakers will also face the same 50% loss on the amount they staked. It’s worth mentioning that in such cases, the trader won’t earn any fees from the stakers, and the Alpha Impact platform will not charge them any fees either.

This highlights the importance of carefully considering the potential risks and rewards associated with staking on traders. While staking can be a potentially lucrative opportunity, it’s important to remember that there are also potential risks involved, including the possibility of incurring losses. Therefore, it’s crucial to do thorough research on the traders you want to stake and make informed investment decisions.

And that’s it! We hope this comprehensive guide will help you to understand how Alpha Impact Staking work. If you have any questions or concerns, click here to talk to our team.

Things to Note About the Alpha Impact Staking Program

Traders cannot stake themselves using multiple accounts
One account per person allowed
A deposit of FOLO is required for the account you wish to stake with.
Stake up to a maximum of 3 Traders
Minimum Stake (per Trader): 750 FOLO
Maximum Stake (per Trader): 15,000 FOLO
Max. Aggregate Stake limit of 1,000,000 FOLO across the entire competition
KYC may be required if suspicious activity detected

Subscriptions: What it is and what's on the Subscriptions Page?

What are “Subscriptions”?

The “Subscriptions” page helps you to see an overview summary of the traders you subscribe to and also the breakdown of each payment that you paid to your subscribed traders at regular intervals.

What is on the “Subscriptions” Page?

For users who have not subscribed to any traders, your subscription page will look like the following below and you will see that there is no subscription in place.

To begin your subscription journey, it’s recommended that you start by following some traders on the “Discover page” and subscribe only when you feel confident that the trader is consistently making well-informed trades and has a deep understanding of the cryptocurrency market. A good trader never rushes into trades without proper analysis and preparation.

For users who subscribe to a trader, you should be able to see the traders to who you are currently subscribed in the “Active Subscriptions” section.

As a subscriber, you can easily view the monthly fee for each of the monetized traders you follow on Alpha Impact. Additionally, Alpha Impact provides a conversion feature that allows you to view the monthly fee in either USD or an estimated value in FOLO.

You will also have visibility of the upcoming billing date.

What does each icon mean here?

Active — This means that the trader you are subscribed to is still actively trading

Expiring — This indicates that the subscription for the trader is expiring, which could be due to insufficient FOLO funds or the trader potentially demonetizing their profile.

Auto-copyable — If a trader has enabled the “Autocopy” feature on their profile, it means that you can automatically copy their portfolio as a subscriber.

Trader Announcement — The subscribed trader has just made an exclusive trader announcement on his profile. This is only exclusively for subscribers that are subscribed to this specific trader.

Trade Notifications/Signals — These trade notifications or alerts are provided by the traders you subscribed to. This indicates their current buying, selling, or holding activity for specific cryptocurrencies. The purpose of these trade notifications or signals is to assist subscribers in maximizing their profits and earnings together with their subscribed traders in this cryptocurrency market.

Mute/Unmute — You can use this bell icon to mute/unmute specific traders. By muting, you won’t be notified of new signals from the trader that you mute for the chosen time period. You will still be able to view the notifications/signals by navigating to the trader’s profile page.

What does “Expired Subscription” mean?

When a subscription has expired, it means that the period of time for which a subscriber has paid has come to an end, and they are no longer able to access the trader’s signals. In order to regain access to the signals, the subscriber must either renew their subscription or wait for the trader to re-monetize their profile.

You will be able to see the reason under “status”, if you have any issues or questions, feel free to contact us on Telegram.

Why do I need Alpha Impact Traders’ Notifications/Signals?

Crypto signals are trading recommendations that utilize market analysis and technical indicators to assist people in making informed decisions about purchasing or selling cryptocurrency.

These signals are used by subscribers to save time, benefit from the expertise of experienced traders like Alpha Impact Traders, and increase profitability by identifying opportunities to enter or exit trades at optimal times based on their trading expertise and track record. By following these signals, subscribers can benefit from the knowledge and experience of these traders to make more profitable trades.

To read the guides on how to connect to any one of the exchanges above and auto copy/copy trade, click here:

How do I receive Alpha Impact Traders’ Signals?

To receive trade notifications or signals from the traders you follow or subscribe to, you can choose between connecting your Telegram or Email.

Click on your profile on the top right hand of the platform. Under “Account” click on “Settings”

You will be able to see there are 2 options for Alpha Impact Notification Preferences.

We recommended that you connect your Telegram account as you can choose to mute the notifications on the Alpha Impact platform or on Telegram if it’s too many notifications.

Please be mindful that the notifications might be overwhelming if the traders execute trades on a regular basis or use High-Frequency Trading (HFT) and trading bots to help them quickly enter and exit a crypto asset.

How do I mute some Alpha Impact Traders’ Notifications/Signals?

To mute the notification, you can go to Telegram and search for @AlphaImpact_bot and select “…” in the top right-hand corner and click “mute”.

OR you can go to the Alpha Impact Platform, click on the “Subscriptions” page, and click on the “bell” icon.

If you would still like to know the traders’ trading status, do not worry as you will still be able to receive notifications on the Alpha Impact platform’s top notifications bar.

For more questions:

Go to Alpha Impact App Feedback Channel: https://t.me/+b2qrQINLDX45MGFl or contact us by filling out the form below Help Center.

How to be a Featured Trader?

To be featured in “Featured Traders”, the traders will need to be assessed by the Alpha Impact Team as well as a private online meet-up to verify the trader’s background and validate each trader’s authenticity and strategies.

To enquire more you can go to our trading channel: https://t.me/alphaimpact_fi_trading

What is Auto Copy?

Auto Copy Trading enables individuals to automatically copy positions opened and managed by another selected expert trader. This method allows subscribers to copy their desired trader with a specific strategy.

Whether you’re a beginner learning the basics or not sure what to trade, now it’s easy to leverage other traders’ expertise. With Alpha Impact Auto Copy Trading, you can automatically copy top-performing traders from Binance and Kucoin, instantly replicating their trading in your own portfolio in real-time.

To learn more about how to auto-copy in Alpha Impact:

This article will guide you through

How to Auto copy trade in Alpha Impact ?

Alpha Impact is a social trading platform that allows users to copy the trades of experienced traders.

To auto-copy trade in Alpha Impact, you can follow these steps:

1. Sign up for an account on Alpha Impact and complete the verification process.

2. Link one of your Binance or Kucoin portfolios to Alpha Impact.

Click here to learn more about connecting a Binance account
Click here to learn more about connecting a KuCoin account

3. Remember to fund the exchange you connected.

4. Choose a trader whose trades you want to copy. You can browse through the list of traders on the platform’s “Discover” Page and analyze their trading history and performance.

Please make sure that the trader that you want to copy has an “autocopyable” portfolio.

5. Once you have chosen a trader, go to their profile page and click on the portfolio that you would like to “Auto-copy”

6. You will be able to see the asset composition comparison of your own portfolio with the trader you choose.

7. Start auto-copying the trader’s trades by clicking on the “Auto-copy” button.

For more detailed step-by-step guides, please refer to:

*For Binance users, please ensure that ‘Spot and Margin Trading’ has been enabled for your Binance API key settings.

To do manual copy trading, check out the link here.

Alpha Impact offers various tools and features to help you manage your auto-copying strategies, such as risk management tools, real-time notifications, and detailed analytics. It is important to remember that auto-copying involves risks, and you should carefully consider the traders you choose to follow and the amount you have for auto-copying their trades.

Join our community here to get updated when it’s available!

Is Copy Trading good for beginners?

It is ideal for beginners. It allows beginners to mimic the investment strategies of professional traders with little effort. It makes sense for busy professional traders too who cannot commit their time to devise their own trading strategies or don’t want to.

Since Alpha Impact’s new automated copy trading, the strategy works well for passive income without tying up much of your time.

How do I Monetize my Profile?

Navigate to your Profile page > Monetization Tab, you’ll see a “Monetize” button which will direct you to the subsequent steps.

How to make a post on Alpha Impact?

On Alpha Impact, There are 2 ways to make a post.

As a normal user, you can make a post by posting on the social feed or by clicking on “Create Post” on the right-hand side.

Monetized Traders can choose to post content either to the public or subscriber-only post content.

Why should I subscribe to other traders?

Driven by the understanding that many people struggle to find the right type of experts to learn from, Alpha Impact believes that one of the keys to success is by replicating the strategies that have worked for others.

With Alpha Impact, you have access to a variety of different traders to learn from. You can copy their trades directly, you just need to find the Traders that fit into your trading style.

If you subscribe to a trader, you will have the following privileges:

1. Receive real-time trade signals.

2. Enabling the “quick-copy” function to copy trade traders in the app more conveniently.

3. Able to access a full view of subscribing traders’ portfolios.

You will be able to see the composition of the trader’s top 3 holdings and their open order status. 4. Receive exclusive trader announcements in real time.

Why is Sharing Exclusive Insights Important?

For monetized traders, you can create private announcements just for your subscribers by monetizing your profile.

Money is moved by scarcity and inefficiency; the more of a resource there is, the less you can charge for it.

Subscribers want more exclusivity, so when you share your knowledge and experience in a private announcement, they will be more likely to buy. This can assist others in learning more about the market and making educated decisions.

To know more about Alpha Impact Signal Monetization, please refer to:

How does Signals Monetization work?

For any other inquiries that you might have, you can head to our Help Center for more information or contact us via our Telegram channel.

How much do copy traders earn?

For now, traders with auto-copyable portfolios do not charge extra fees on top of the subscription fee to their subscribers. However, having an auto-copyable portfolio will increase the chances of attracting more users to subscribe to you since you will be attracting 2 different target groups (i.e. those who have the time to DYOR and wish to have more control over copying via quick-copying feature + those who simply don’t have the time/energy to DYOR and thus, would like to auto-copy a trader).

Is Automated Trading Risky?

Automated trading, just like any other form of trading, demands careful thought and effective risk management. Although it can provide benefits such as eliminating emotions from the trading process and executing trades quickly, it is crucial to acknowledge the possible risks.

To mitigate these risks, subscribers should extensively test and optimize the trading strategies of traders prior to deploying them. This can be achieved by engaging with traders on the Alpha Impact platform and keeping a regular check on their trading performance. The traders on Alpha Impact are eager to communicate with subscribers and elaborate on the technical analysis supporting their trades and strategies. Monetized traders also use exclusive Trader Announcements to reach out to their subscribers

Moreover, diversifying your portfolio and starting with a small amount of funds can also contribute to reducing the risk involved.

By taking these precautions and staying abreast of market conditions, subscribers can make informed decisions and potentially reap the benefits of automated trading on the Alpha Impact platform.

For more information on :

What is the minimum copy trading amount?

There’s no minimum amount to copy trade. However, the minimum size for trading on Binance is 10 USD.

Can other traders copy me?

Yes, other traders can copy you as long as your profile is public. However, if you would like other traders to auto-copy your portfolio, you will need to link a Binance Spot portfolio and monetize your account.

How long does it take for copied trades to be executed once I copy the trader?

If no error is encountered, copied trades will be executed almost immediately.

How Binance Auto Copy Trading Works on Alpha Impact: Explained

It is often said that imitation is the highest form of flattery, but it can also be extremely profitable. If you want to trade like the best, then a case can be made for emulating the best traders. This feature enables subscribers to replicate — in real-time and in their own exchanges — the actual trades of top traders.

What is Auto Copy Trading? And How Does it Work?

Auto Copy Trading enables individuals to automatically copy positions opened and managed by another selected expert trader. This method allows subscribers to copy their desired trader with a specific strategy.

Whether you’re a beginner learning the basics or not sure what to trade, now it’s easy to leverage other traders’ expertise. With Alpha Impact’s Auto Copy Trading, you can automatically copy top-performing traders, instantly replicating their trading in your own portfolio in real-time.

This article will guide you through how to auto-copy trade Binance traders on the Alpha Impact platform.

How to Auto Copy Trade on Alpha Impact?

Do make sure the following details before attempting to auto-copy trade on Alpha Impact:

Create an account on Alpha Impact. Click here to sign up.
Link at least one portfolio to Alpha Impact. We support Binance and KuCoin Exchanges.
Click here to learn more about connecting a Binance account
Click here to learn more about connecting a KuCoin account

*For Binance users, please ensure that ‘Spot and Margin Trading’ has been enabled for your Binance API key settings.

To do manual copy trading, check out the link here. Join our community here to get updated when it’s available!

Binance Auto Copy Step-by-step Guide on Alpha Impact

The following guide is a walk-through of the first version of the Binance auto copy trading feature on Alpha Impact.

If you already have an existing Alpha Impact account, please proceed to Step 7.

1. Log in to app.alphaimpact.fi and click on “Linked Portfolios”

If you have a friend’s referral code, please key in so that you and your friend can get a reward of up to $50! For more details, refer here.

2. Connect your portfolio first. Let’s use “Binance” as an example here. Once you connect to your Binance account, go to “API Management”.

3. On the API List, click on “Create API” and name your API Key

4. Once your API Key is created. Click on “Edit Restriction” and

a. Click on “Enable Spot & Margin Trading”

b. Under “IP access restrictions”, click on “Restrict access to trusted IPs only (Recommended)”

c. Type “52.220.91.198 13.213.195.58” and click “Confirm”

5. Copy the “API Key’’ and “Secret Key” from Binance and paste the “API Key” and “Secret Key” on the Alpha Impact platform.

6. Click “Link” and you’re done!

7. Now you can finally start to auto-copy trade! Please ensure you have funds in your Binance exchange.

Select a trader on the “Discover’’ page that shows “Auto-copyable” on their portfolio. Click on the Auto-copyable Portfolio.

8. You will be able to see what the trader is trading in real-time and how many subscribers are auto-copying his/her trades.

9. Once you click on the top bar to auto-copy your desired trader, you will be able to see a percentage comparison of your portfolio and the trader’s auto-copyable portfolio.

10. Read through the T&Cs and click on them once you verify on it

And you’re done auto-copying this trader! Now you can sit back, relax and watch how the trader does his work!

Happy Trading!

Please note that you will only be able to access the trader’s real-time trades (Signals) history after subscribing to the trader. Alpha Impact recommends subscribing to traders to have the best trading experience. Learn more about Alpha Impact signals here.

Unable to “Autocopy”? on Alpha Impact! Check out our Alpha Impact Help Centre for more information.

Need more help? Contact our team via Telegram Community or email team@alphaimpact.fi

About Alpha Impact

Crypto Made Easy.

Alpha Impact is a social trading platform designed to bring trust to crypto trading. Whether you want to copy an expert trader automatically or you’re already a crypto trader and want to build and monetize your following, we’re building the infrastructure to take the guesswork out of crypto trading.

Traders on the Alpha Impact platform are some top-performing crypto traders in the industry. In good markets or bad, our traders are incentivized to share their trades and trading strategies through the Alpha Impact platform. Finally, a place where users can filter through the noise and learn about crypto trading from experts with a visible track record. Even better, traders have an incentive to share their investment thesis, analysis of the market, and the reasons behind their trades.

We share our fees with traders, meaning that there is finally an incentive for expert traders to share their activity and views with crypto enthusiasts and beginners.

Built by experts from the traditional finance space, our philosophy is to empower everyone to become a crypto trader. Whether you’re a beginner wanting to learn from an expert, or an expert wanting to get paid, we’re here to democratize access to this industry, one trade at a time.

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