Fomo Sign-Up Bonus: What You Really Get
With code DEAL, the Fomo sign-up benefit is 10% off every trading fee, plus 12.5% of your fees back in USDC from the code owner. Fomo's help pages describe no cash bonus, no free crypto and no bigger discount for any code.
- From Fomo: 10% off trading fees, 0.45% per trade instead of 0.50%, for every trade on the account.
- From the DEAL code owner: 12.5% of your Fomo fees back, in USDC, every month (weekly from 50 USDC).
- Not offered by Fomo: cash for signing up, free tokens, or a bigger discount for any code.
What the "bonus" is worth
| Your trading | Fomo's 10% saves | DEAL cashback adds | Total benefit a month |
|---|---|---|---|
| $1,000 a month | $0.50 | $0.56 | $1.06 |
| $10,000 a month | $5.00 | $5.63 | $10.63 |
| $100,000 a month | $50.00 | $56.25 | $106.25 |
Spot trades at the standard fee; network fees not included.
Promo code, discount code, invite code
People search for all three, but on Fomo they're the same thing: a referral code, which is just a Fomo user's username. That's why every one of them gives the same 10% from Fomo. A number like "100" in a code's name is part of the name, not a bigger discount (Fomo's referral rules).
Where the cashback fits
Fomo itself pays no cashback. It pays every code owner 25% of their referrals' fees, out of the fee the user already pays. The DEAL code owner hands half of that back to DEAL users, which is the only reason DEAL is worth more than 10%. Terms and payout screenshots: Fomo cashback with DEAL.
Claiming it
There's nothing to claim. Open fomo.family/r/deal before you sign up; the discount applies to every trade by itself, and the cashback arrives in your Fomo account in USDC.
Questions
Does Fomo give new users a cash bonus?
Fomo's help pages describe no cash sign-up bonus and no free crypto. The new-user benefit is the referral discount: 10% off trading fees.
Is a Fomo promo code different from a referral code?
No. The promo, discount and invite codes people mention for Fomo are referral codes: a Fomo user's username.
What does code DEAL add to the sign-up benefit?
The DEAL code owner pays back 12.5% of the Fomo fees you pay, in USDC, on top of Fomo's 10% discount.