FOLO Points vs. FOLO Balance
FOLO Points are in-app rewards that you can earn by completing simple tasks like setting up your profile, engaging on our in-app social feed, and sharing your trading insights.
FOLO Balance, on the other hand, is a digital representation of the cash value* of your FOLO Points. You can use it to access platform features or withdraw it for instant rewards*.
You can choose to pay subscription fees in either FOLO Points or FOLO Balance.
- If you opt for FOLO Points, the lead trader’s earnings will stay as FOLO Points within the platform.
- However, if you choose FOLO Balance, their earnings will be converted to FOLO Balance, which can be withdrawn.
*FOLO Points are now able to be cashed out by converting them to withdrawable FOLO Balance. As of 3 Dec 2024, the exchange rate is 10 FOLO Points to 1 FOLO Balance.