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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Alpha Impact Update

Thank you to everyone who was part of the Alpha Impact journey.

After several years building one of the early automated crypto copy trading platforms, Alpha Impact has ceased operations and the platform is no longer available.

Founded in 2020, Alpha Impact was a venture-backed fintech startup that built a cloud-native and hybrid-Web3 trading platform integrating multiple cryptocurrency exchanges, on-chain wallets, real-time portfolio analytics, automated trade execution, and AI-powered trader intelligence. Over its lifetime, the platform processed more than $100 million/year in trading volume, serving thousands of traders.

Although the company is now dormant, we’re proud of what we built and grateful to our community, investors, partners, and team members for their support throughout this journey.

Security Reminder: Alpha Impact will never ask for your seed phrase, private keys, passwords, or request that you transfer assets to another website, platform or wallet.

— The Alpha Impact Team