Zcash on Moon.com: what a ZEC bet does at 10x, 100x and 1000x

Zcash on Moon.com: the bet in one paragraph

A Zcash bet on Moon is a call on direction. You open the ZEC market, pick Up or Down, set a stake and a leverage multiplier anywhere from 1x to 1000x, and your profit or loss is the percentage move in Zcash’s price, multiplied by your leverage, applied to your stake. There is no coin to hold and nothing to withdraw to a wallet at the end; the bet settles in your Moon balance. Moon advertises the market as open 24/7, which for Zcash matches the underlying asset, since it trades around the clock like the rest of crypto.

Sign up through our referral link, flip the account into play money, and open ZEC. Five minutes watching the price tick against a 100x position teaches more than any table below.

• 1x to 1000x Leverage range
• 0.1% Liquidation distance at 1000x
• 1% Opening fee
• $1,323 Biggest ZEC win we have recorded

What a Zcash move pays at each leverage tier

The arithmetic is the same on every Moon market, so the only variable that is Zcash-specific is how far ZEC actually moves. Take a $100 stake and a 1% move in Zcash’s price. Figures are gross, before the fees covered further down.

Read the last column first. At 1000x a Zcash move of 0.1% against your entry ends the bet. At a ZEC price of around $1,215 that is about a $1.22 move, the kind that happens inside a minute on an ordinary day. At 100x the line is 1%, or about $12.15. At 10x it is 10%, or about $121.50, which is a move that takes days rather than minutes. The leverage guide has the full tier table and an interactive calculator; the liquidation guide explains how Moon closes the position when the line is hit.

The biggest Zcash bet we have seen

Our live pages record every large win and liquidation on Moon’s public feed. The largest ZEC win we can find is a long at 1000x: a $124.74 stake, a 1.25% move in Zcash’s price, from $1,135.65 to $1,149.88, and a return of $1,323.24, an 11.6x multiple on the stake, taken as a partial closure. It is on the biggest wins board with the trader and the date.

The same market has produced the other side of it too. The largest ZEC liquidation we can find is a short at 1000x: a $1,174.89 stake that got closed out after ZEC moved just 0.13% against the position, from $1,117.28 to $1,118.72, for a loss of $1,186.76, slightly more than the stake once fees are counted. That 0.13% move is almost exactly the 0.1% liquidation distance the table above predicts at 1000x. The liquidations page lists more like it.

Fees on a Zcash bet

Moon charges the same four things on ZEC as on every market. From its help centre and terms:

• Opening fee: 1% of the stake. $1.00 on a $100 bet, at any leverage. Leverage changes your exposure, not this fee.
• Holding fee: every 8 hours the bet stays open, at a dynamic rate Moon does not publish as a number. Because ZEC trades 24/7, an overnight Zcash bet keeps accruing this while you sleep; the shorter the bet, the fewer of them it pays.
• Performance fee: at least 10% of realized profit. Charged on winners only. On a $100 gross win it is $10.
• Spread: Moon’s terms reserve a pricing edge in its favour. It is inside the price you bet at rather than a separate line, so the liquidation distances in the table above are the before-spread figures.

So the 100x row above, a $100 win on a 1% move, is about $89 in hand: $100 gross, less the $1 opening fee, less a $10 performance fee, with holding fees on top if the bet ran past eight hours. The fees guide works three full examples, and if you registered with our code, 3.5% of every one of those fees comes back as rakeback.

Sizing a Zcash bet on Moon

Three rules that follow from the table rather than from opinion.

Choose leverage from the move you expect, not from the payout. If you think ZEC will move 2% today, 50x puts the liquidation line at 2% and 100x puts it at 1%, which is inside the normal noise of that same day. Lower leverage survives the noise.

Treat 500x and 1000x as minute-scale bets. At those tiers the liquidation line is 0.1% to 0.2% away, so the position either resolves fast or is closed by Moon fast, as the ZEC liquidation above shows. They are not positions to hold overnight, and the holding fee agrees.

Practise on play money first. Moon’s simulated balance refills to $100,000 without limit and uses the same ZEC market and leverage ladder. Run twenty 100x bets there and count how many hit the line before they hit the target; the play money guide has a practice plan.

Other Moon markets

Bitcoin and XRP take the same bet with the same fee stack; the Bitcoin page and XRP page cover them, and the markets guide lists everything we have seen bets on, more than 30 markets across crypto, gold and silver, forex, stocks and indices. Availability depends on where you are; the FAQ has the current list.