Team Alpha Impact

All, How To Guides29 Aug 2022

Buy FOLO on Ethereum and Polygon

What is FOLO?

FOLO is Alpha Impact’s native token that powers our ecosystem. With FOLO, you can:

  • Access real-time trade alerts from top traders
  • Boost your social posts for more visibility
  • Earn rewards by sharing your trading insights… and more!

Before You Start

Before purchasing FOLO, you’ll need to:

Quick Guide to Buying FOLO

1. Set Up Your Wallet

Visit the “Buy FOLO page on Alpha Impact and connect your MetaMask account to Quickswap.

Note: MetaMask doesn’t support Safari, so ensure that you’re using either Chrome, Firebox, Brave, or Edge.

2. Optional: Connect to Polygon Network for Low Gas Fees

Ensure that your MetaMask account is connected to the Polygon network for lower gas fees.

3. Swap your Assets for FOLO

Swap your assets for FOLO. If you don’t see FOLO as an option, you’ll need to add its Token Address into MetaMask manually. Copy it here:  0xef205f99bd869e74b16050199d54327a0ecd343d

Note: You’ll need to have enough digital assets in your MetaMask wallet to swap for FOLO and pay gas fees. If you wish to purchase POL (previously known as MATIC), click here.

4. Adjust Slippage Tolerance (If Needed, Try Above 0.1%)

If the swap fails, you might need to increase your slippage tolerance. Go to “Settings” and adjust your slippage tolerance percentage higher than 0.1%. 

5. Confirm Your Swap

Confirm the swap by clicking “Accept” and “Confirm Swap”.

6. Wait For Transaction Confirmation

Confirm the transaction on MetaMask, paying attention to the gas fees. You’ll receive a notification once your transaction is confirmed.

What’s Next?

After purchasing, deposit your FOLO tokens into your Alpha Impact wallet to:

  • Subscribe to top traders
  • Boost your social posts
  • Start earning rewards

Next stop: Check our guide on depositing FOLO to your Alpha Impact wallet.

Note: As of September 2024, POL has replaced MATIC as Polygon’s native token. Both terms refer to the same asset.

About Alpha Impact

Alpha Impact is a non-custodial, technology platform building social infrastructure and integrates with Interoperable Real-World Signals.

Our Interoperable platform provides real-time trade signals, comprehensive cross-exchange portfolio analytics, risk management, and copy trading. This empowers signal providers to monetise their expertise and actionable insights through a social community.

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Need help?

Submit a question and check out our Help Desk here.
Still have questions? Our support team is here to assist you!

Let us be your signal to success, today

It only takes three minutes to link your portfolio with us.

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To our Community, Investors, and Traders,
 
After navigating the complexities of the crypto market and being early movers with automated copy trading, Alpha Impact has reached a difficult crossroads. Due to unsustainable cloud infrastructure costs, we are announcing the formal cessation of all platform services.
 
The Hard Stop Date: Thursday, April 23, 2026
 
On this date, the Alpha Impact web and mobile applications, all trade automation, and API-linked intelligence engines will go offline permanently.
 
Critical Action: Withdraw Your Assets
If you hold assets on the Alpha Impact platform, you must initiate a withdrawal to a self-managed custodial wallet by April 16, 2026.
 
Eligibility Minimums:
FOLO Balance: 1,500 FOLO
USDT: 1 USDT
FOLO Points: 15,000 Points (Must convert to FOLO Balance in-app first)
 
Security & API Keys:
Non-Custodial Safety: Your funds on linked exchanges (Binance & Kucoin) are SAFE. Our shutdown only disconnects the automation.
Revoke Access: We strongly advise all users to manually delete their "Alpha Impact" API keys directly within their Binance or Kucoin API settings immediately.
Data Purge: On April 23, we will execute a permanent scrub of all encrypted API keys to ensure user privacy and security.
 
⚠️ Security Warning
Alpha Impact staff will NEVER ask for your seed phrase, private keys, or passwords. We will never ask you to "migrate" funds to a new address. Only use the official app for withdrawals.
 
A Final Note
We are incredibly proud of the $100M+ in trade volume and the next-gen trade intelligence engine we built together. While this journey is ending sooner than we envisioned, we thank you for your "diamond hands" and support through the highs and lows.
 
The Alpha Impact Team