# How to Trade on fomo: A Complete Beginner's Guide

> Step by step: download fomo, set up your wallet, fund your account, and make your first trade. Written for someone who has never bought crypto before.

*Source: https://fomoappguide.com/guides/getting-started/how-to-trade-on-fomo*

This is the guide for someone who has never bought crypto before and doesn't want to feel stupid figuring it out. No jargon you haven't already been told the meaning of, and every step includes what to actually look at on the screen.

> **Key takeaway:** The whole process takes about 15 minutes the first time. The one thing worth doing slowly is checking the fee on your first order before you confirm it — that's the step most guides skip, and it's the one that saves you money.

![fomo's full trading interface, showing the token chart, buy panel, and the fee displayed before you confirm a trade](/images/getting-started/how-to-trade/fomo-order-screen.webp)

*Source: fomo -- official product image*

## The one habit that will save you money

Check the fee line on every single order before you tap confirm, especially on small trades. fomo's minimum fee on Solana orders under 200 USDC is $0.95 flat — that doesn't change whether you're buying $5 or $150 worth of a token. If you're testing the app with small amounts, you'll notice the percentage cost is much higher than the 0.50% headline number suggests. See [fomo Fees Explained](/guides/fees) for the full breakdown with every scenario worked out.

> **Warning:** The social feed makes it easy to buy something because you saw someone else buying it. That's a real risk specific to how fomo is designed, not a hypothetical one — a frictionless buy button and a feed of other people's trades are a combination built to make buying feel easy, which is different from making it a good idea. Take the extra ten seconds to look at what you're actually buying.

## Setting up perps (optional, and not for everyone)

fomo also offers perpetual futures — leveraged trading — powered by outside venues, primarily Hyperliquid. This is a materially different and riskier product than spot trading, it carries its own fee on top of the venue's own fee, and it is **not available to US Persons**. If you're new to trading, we'd suggest getting comfortable with regular spot trades first. When you're ready, our [trading features guide](/guides/trading) explains exactly how fomo's perps work and what they actually cost.

**Ready to get started?** — Sign up through our link and get a permanent 10% discount on trading fees, from your very first trade. [Get the fomo app](https://fomo.family/r/Concept211)

## What to read next

- [fomo Fees Explained](/guides/fees) — the complete, worked-out fee math
- [Is fomo Safe? Wallet Security Explained](/security) — how the non-custodial wallet actually works
- [fomo vs Moonshot](/compare/fomo-vs-moonshot) — how it compares to the other big mobile trading app