Monetization Upgrade with USDT Support | What’s New in Release 7.4

Wishing you prosperity and joy as we usher in the Lunar New Year! As we embrace new beginnings, Alpha Impact unveils remarkable enhancements in our platform with Release 7.4. Let’s dive into the exciting updates.

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Additional Monetization Option with USDT Support

On top of FOLO, you can now easily deposit and withdraw USDT (on both ethereum & polyon networks) directly to/from your Alpha Impact wallet. This support expands flexibility for monetized traders’ profitability & provides more convenience to users who wish to use their USDT to subscribe to their favourite traders. One important thing to always remember is, if you’re depositing tokens via polygon network, only deposit USDT (POS) tokens (or FOLO (POS)).

Enable 2FA in order to make a withdrawal request.

What does it mean that this feature provides flexibility for monetized traders’ profitability? After gathering some of our traders’ feedback, we’re introducing a USDT monetization option, where traders may choose to accept monetization payments in either FOLO or USDT depending on their personal preference.

Upon choosing your payment asset, key in your subscription fee (denominated in USD). Preview the estimated amount of payment fee when converted to your chosen payment asset. (e.g. 5USD ~ est. 5USDT)

Do take note that the chosen payment asset cannot be changed while you’re still monetized — this is to minimize confusion & inconvenience to the rest of the community. Also, monetized trader’s revenue sharing will be *significantly* better for traders who opt for FOLO as their payment asset.

As for subscribers, this additional payment asset support could make it easier for them to subscribe as they could also pay in USDT (if trader accepts in USDT, that is).

It will be communicated clearly to subscribers that subscription fee will be deducted in monetized trader’s chosen payment asset (USDT in the above example).

DeFi Portfolios: Dive Into Transaction History

Sensitive information of your transactions will be remain hidden to the rest of the community - unless you let these to be viewable to all in individual portfolio settings!

Transaction history for DeFi portfolios are finally on Alpha Impact! As long as you have an on-chain portfolio connected on our platform (learn how to start by reading the detailed guide here), you’ll gain access to comprehensive transaction details right at your fingertips. Track your portfolio’s performance with precision and gain valuable insights into your on-chain trading activities. No more having to go to blockexplorer to view your transactions and view your portfolio performance separately with Alpha Impact yay!

Futures Position: Effective Leverage Reporting

We understand the importance of accurate reporting, especially when it comes to futures trading and hence, we’ve implemented improvements to ensure that leverage reporting for futures positions is more precise than ever before. On top of providing you with your maximum leverage set on the exchange of your portfolio, we also provide the effective leverage that is being applied to your open position. Rest assured knowing that you have complete visibility of your leverage.

Homefeed Content Integration with Telegram

Stay informed effortlessly. Our app home feed content now automatically syncs with the main Telegram channel, ensuring you never miss out on the latest updates and discussions. Simply make a post in-app and you’ll be able to see your post automatically posted on our engaging telegram channel.

Vietnamese Language Support

Alpha Impact is always looking to serve a more diverse crypto community, and in this release, we have added yet another language support for our Vietnamese-speaking community members, enriching the Alpha Impact experience for them. Not sure how to change your language settings on our app? Refer to this article here!

Earn Referral Rewards with Trader Win Badge

Remember the super useful Trader Win Badge feature that Alpha Impact rolled out in release 7.1? We’ve been noticing numerous traders utilizing this feature to post their good trades/positions ever since the rollout!

Now, we’re also introducing a referral sign-up link to be attached to the Trader Win Badge when you post it on the platform, giving you better opportunity to earn rewards for inviting others to join the Alpha Impact community. Don’t miss out on Alpha Impact’s referral rewards!

Other Minor Enhancements and Scalability Improvements

Performance Optimization: Database Tuning

Efficiency at its finest. Through database performance tuning, we have optimized change listeners to reduce CPU load, ensuring a smoother and more responsive platform experience.

Increased Auto-Copying Limits

After sufficient monitoring, the initial maximum limit of KuCoin portfolios for spot auto-copy has been raised to 11K, offering you greater flexibility and potential for growth in your auto-copying endeavors.

Other Minor UX Enhancements, scalability improvements, bug fixes and house cleaning

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 of the top-performing traders in crypto. 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. What’s even better is that traders have the incentive to share their investment thesis, analysis of the market, and the reasons behind their trades.

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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