copyfomo vs fomoscan: look up, or look up and copy

copyfomo vs fomoscan comes down to one question: do you want to check who a fomo trader is, or copy them? fomoscan is a free, read-only lookup (plus a paid api from $99 a month) that links handles to wallets. copyfomo is a telegram bot that finds a trader's wallet and then mirrors their buys and sells into yours.

the short verdict: pick fomoscan if you want to look someone up or build on trader data; pick copyfomo if the lookup is step one and copying is the point.

what fomoscan does well

fomoscan's pitch is "the api for social trading". give it a handle and it returns the wallets that person controls; give it a wallet and it returns the person. its copy trading page is aimed squarely at fomo users: verify a trader before you copy them.

three things it does better than we do, honestly:

• it is built for developers. a rest api with plans from a free 25,000-credit tier up to enterprise. if you are building a leaderboard, a feed or your own bot, that is the product. copyfomo has no public api.
• it is strictly read-only. by its own description it never takes custody, never places orders and never asks for a private key or a wallet connection. if all you want is information, touching nothing is the safest possible design.
• it goes wider than fomo. it presents itself as social trading data in general, and claims more than 1,000,000 wallets mapped to socials. copyfomo is deliberately narrow: fomo traders, and the wallets you ask it to watch.

what copyfomo adds on top of the lookup

a verified wallet is a starting point. the next question is what happens when that wallet trades at 3am.

the lookup, then the copy

/find turns a handle or a screenshot of any fomo profile into a wallet you can copy. it checks the wallet really is theirs before saving it, and refuses rather than guesses, because copying the wrong trader is worse than not finding one. ten searches a day, and a trader someone already identified is free. from there the trader is copyable like anyone on the leaderboard. the trader pages show a few of the most followed ones, and finding a fomo trader's wallet address explains what a trustworthy match looks like.

buys and sells, mirrored

when the trader buys, copyfomo buys at your size within seconds. when they sell, it sells: the same share of your bag with the default mirror exit, or the whole position with "all at once". before copying a buy it checks the trader actually paid for it, since anyone can push tokens into a famous wallet to fake a purchase.

guards you set per trader

fixed dollar sizing (from $3, default $50) or a percentage of the trader with a max per trade, max chase so you do not buy the candle they created, market cap band, first buys only, cooldown, take profit ladder, stop loss, breakeven after a take profit, and a pause all switch. every setting explained.

alerts, if you only want to watch

you do not have to copy to use it. the get alerts button on a trader card pings you when they trade, wallet alerts watch any address, and price watches fire on a dip under the trader's entry. no deposit needed for alerts. if that is all you want, tracking a fomo trader's wallet compares the options.

the custody difference, stated plainly

fomoscan never touches money, so there is nothing to hold. copyfomo trades, so it needs a wallet. it gives you one evm address and one solana address, and the private key is exportable from /settings at any time. you can withdraw as usdc whenever you like (minimum $1, no copyfomo withdrawal fee). copyfomo shows its rate on the confirmation screen before anything is armed, and charges nothing on deposits, withdrawals or holding.

that is a real difference in shape, and it is the right one for each product. a lookup tool should never need your funds. a copy tool cannot work without them, so the question to ask it is whether the money stays yours, which you can check yourself by exporting the key.

copyfomo vs fomoscan: using both

nothing stops you from cross-checking. look a trader up on fomoscan, run the same handle through /find, and if both agree you have two independent opinions instead of one. a disagreement is worth more than an agreement: it tells you to wait.

whichever tool you use, a verified wallet tells you who the trader is, not whether copying them will make money. memecoins can go to zero and copying does not reduce that risk. full details are in the copyfomo docs, and when you want the lookup to turn into copies, @copyfomo_bot takes a handle or a screenshot.