Moon.com review: the wildest price-betting platform of 2026, rated honestly

Here is the short version. Moon.com is the fastest way to bet on price direction that exists right now: pick Bitcoin, Ethereum, Solana, Apple or Tesla, tap Up or Down, set your leverage anywhere from 1x to 1000x, and you’re in. Markets run 24/7, the play-money mode lets you learn the whole thing for free, crypto deposits land as soon as the network confirms, and signing up through our link puts you on the VIP track with rakeback on every fee.

We rate it 3 out of 5: the product is a 4 or better, and the score is held back by paperwork (no licence number in the terms, crypto-only, KYC before deposit, a spread Moon doesn’t publish). None of that stops you playing. Start with play money, pick a leverage tier you understand, and you’ll have the best start Moon offers.

• 1000x Max leverage
• 1% Opening fee
• 10%+ Performance fee
• 24/7 Markets

3.0/5

★★★☆☆

Our verdict

The fastest, wildest up/down betting product going, reportedly from the Stake founders' orbit. Here's how to get the best start.

Pros

• +Simple mechanic: pick a market, pick Up or Down, pick your leverage
• +Play-money mode so you can learn the fee stack for free
• +Fees are documented in a public help-centre article
• +Crypto, stocks, futures and commodities on one screen, 24/7
• +VIP track with 3.5% rakeback on fees via referral sign-up or Bronze VIP
• +Named operating company, registered address and detailed terms

Cons

• −No licence number published in Moon's own terms
• −Registered in the Comoros, no local licences anywhere
• −Crypto-only deposits; ID and proof of address before you can deposit
• −Undisclosed spread plus a dynamic holding fee with no published rate
• −Not available in 43 jurisdictions including the US, UK and Australia
• −Launched late August 2026: no withdrawal track record yet

Sign up on Moon

Is Moon.com legit or a scam?

This is the question most people arrive with, so let’s deal with it before the fees and the leverage math.

What we can confirm. Moon.com is operated by Moon International Limited, a company incorporated in the Union of the Comoros under registration number 16151, with a registered office at Hamchako, Mutsamudu, on the island of Anjouan. That entity is named in Moon’s terms of service. The terms are long, specific and cover the things a working operator has to think about: KYC, anti-money-laundering checks, withdrawal limits, restricted countries, responsible-gambling tools, and Moon’s right to apply a pricing edge in its own favour. The help centre publishes how the fees work, how account verification works and whether there is an app. The platform itself is live, has a public feed, a leaderboard and a chat, and lets you practise with play money before depositing.

None of that is what a fly-by-night operation bothers to build.

What we cannot confirm. Moon’s terms do not publish a gambling licence number or name a regulator. They say only that the company is incorporated in the Comoros. At least one third-party review site reports an Anjouan gaming licence for Moon; we have not verified that against the register ourselves, so we do not repeat the number. Moon’s terms also state that it does not hold local licences in the markets it restricts.

How the product is structured. Moon is not a peer-to-peer prediction market where you are matched against another user. When you bet Up on Bitcoin, Moon is on the other side. Its terms reserve “a spread or other pricing edge” in Moon’s favour, which is how a house-banked product makes money in addition to fees. That is normal for this kind of product, and it means Moon sets the price you trade at.

Who is behind it. Moon.com does not name its founders. Press coverage of the launch reported a link to Easygo, the company behind Stake, through its founders Ed Craven and Bijan Tehrani, citing LinkedIn postings. We describe that as reported rather than confirmed. If it is accurate, it explains why the product looks as polished as it does ten days after launch.

The verdict on legitimacy: Moon.com is a real, offshore, house-banked betting product with a real company behind it and no published licence number. That is a legitimate business with a trust gap, not a scam. Watch for lookalike domains that use the Moon name with extra words attached; they are nothing to do with moon.com.

What Moon.com actually is

Moon describes itself in one line: bet Up or Down with up to 1000x leverage, with play money or real money, around the clock. That is accurate.

You pick a market. At the time of writing the visible ones are Bitcoin, Ethereum, Solana, Apple and Tesla, and Moon says it covers crypto, stocks, futures and commodities. You pick a direction. You pick a stake and a leverage multiplier. Your stake times your leverage is your exposure. If the price moves your way, your profit is calculated on the exposure. If it moves against you far enough that the loss on the exposure equals your stake, the bet is closed and your stake is gone. You cannot lose more than the stake, which is the one thing that separates this from margin trading at a broker.

Moon’s terms only promise “leverage of 1x or greater”; the 1000x figure is homepage marketing. Whether every market offers the full 1000x at all times is something you will see on the bet ticket, not in the legal document. We walk through the mechanics with worked numbers on our how Moon works page and the liquidation math by leverage tier on the leverage page.

Around the betting screen there is a social layer: a public feed of bets, a leaderboard, a “Best Bets” view, the ability to follow other users, a watchlist and a chat. It makes the site feel alive in a way most betting products don’t, and it’s worth remembering that the feed shows wins rather than the average result.

The play-money mode is the best thing Moon does for a new user. Use it. Watch how the holding fee accrues on an open position, watch how far a 100x position moves in five minutes, and work out what the spread costs you on entry and exit, all before you upload a passport.

The Moon.com fee stack

Moon’s help centre lists the fees in one article. Here they are in one table.

Two of these deserve a closer look.

The opening fee is charged on stake, not exposure. That is the fair way to do it. A $50 bet at 500x costs $0.50 to open, not $250. If Moon charged on exposure, high leverage would be unusable, so this is the right design. It also means the opening fee is nearly irrelevant to your outcome compared with the spread.

The spread is the fee you cannot see. Moon’s terms reserve the right to apply a spread or other pricing edge in its favour, and neither the terms nor the help centre says how big it is. At 1x that might be a rounding error. At 1000x, the spread is multiplied by your leverage just like everything else. If the spread is 0.05% and you are at 1000x, you open the bet already 50% of the way to liquidation. We do not know Moon’s spread; it is the single most important undisclosed number on the platform.

The holding fee is the other soft number. It is assessed every 8 hours at a rate Moon describes as dynamic. For a bet you close in ten minutes it never applies. For a position held overnight it does, three times, and you will not know the rate until you see it on your ticket.

The performance fee is the most transparent. Moon takes at least 10% of realized profit on winning bets and nothing on losing ones. “Minimum” is doing some work in that sentence; the help centre sets a floor, not a ceiling.

A worked example

Say you put $100 on Bitcoin Up at 100x. Your exposure is $10,000. The opening fee is $1. Bitcoin rises 1%, you close, and the gross gain on the exposure is $100. Moon takes at least $10 as a performance fee, so you net about $89 after the opening fee, minus whatever the spread cost you on the way in and out. If Bitcoin had fallen 1% instead, your $100 stake is gone, plus the $1 fee. You pay a cut of wins and eat 100% of losses; that is the price of the product.

What 1000x really means

At 1000x, your exposure is a thousand times your stake, and a price move of about 0.1% against you costs you the whole stake, before the spread has moved your entry price and before the opening fee. Bitcoin routinely moves 0.1% in under a minute, so a 1000x bet is a call on the next few seconds rather than the next few hours.

Our leaderboard tracks Moon’s top traders by profit day by day and week by week from Moon’s public boards, and about the data explains exactly how we collect those figures and what we miss.

Lower tiers are a different product. At 10x you need a 10% move against you to be liquidated, which for Bitcoin is a bad day rather than a bad minute. At 100x it is 1%. Our leverage guide has the liquidation distance at every tier and a calculator you can put your own numbers into. Read it before you touch the top of the slider.

KYC, deposits and withdrawals

KYC comes before deposit, not just before withdrawal. Moon’s help centre is explicit: you verify your account before you can deposit. Verification means a government ID, front and back, plus proof of address. Moon’s terms also allow enhanced due diligence, including source-of-funds requests, for users it considers higher risk. Get it done straight after registering and the deposit screen is open by the time you’ve finished with play money.

Deposits are crypto-only. Moon states that it only supports cryptocurrency deposits, so there are no card, bank or e-wallet rails, and funds are usable as soon as the network confirms. Moon does not publish the list of supported coins and networks in the pages we reviewed; you will see the options on the deposit screen after verification. Moon also does not publish a minimum deposit.

Withdrawals are subject to AML and counter-terrorist-financing checks, minimum and maximum limits and network fees, per the terms. Moon does not publish a processing time, and because the platform launched in late August 2026, there is no meaningful body of withdrawal reports yet. Our deposits and withdrawals page tracks the details as facts firm up.

Our practical advice: verify first, deposit small, and make a small withdrawal early so you know how the process behaves for your account.

Where Moon.com is blocked

Moon’s terms name 43 restricted jurisdictions, including the United States, the United Kingdom and Australia. Ontario is listed separately from the rest of Canada, and most of Western Europe is on the list, including Germany, France, Spain, Italy, the Netherlands, Sweden and Denmark, along with Brazil and Mexico.

The full list from Moon’s terms: Afghanistan, Argentina, Austria, Australia, Belgium, Brazil, Cayman Islands, Colombia, Croatia, Cuba, Curaçao, Czech Republic, Cyprus, DR Congo, Denmark, France, Germany, Greece, Iran, Iraq, Israel, Italy, Liberia, Libya, Lithuania, Malta, Mexico, Netherlands, North Korea, Ontario (Canada), Peru, Poland, Portugal, Serbia, Slovakia, South Africa, South Sudan, Spain, Sudan, Syria, Sweden, United Kingdom, United States, Zimbabwe.

Moon applies this list at sign-up and verification. The FAQ keeps the current version.

Mobile, support and responsible gambling

No app. Moon’s help centre says there is no native app for iOS or Android. You use the site in a mobile browser and can add it to your home screen for a one-tap shortcut. Keep the tab in the foreground while a high-leverage position is open; a mobile browser that reloads in the background is not what you want with 1000x running.

Support. Moon runs a help centre with articles on fees, verification and the app question. Its official X account is @getonmoon. We have not tested response times on live chat or email.

Responsible gambling. Moon’s terms include a Take a Break feature (one day to three months) and self-exclusion (a minimum of six months, or permanent). The tools live in the terms rather than on a standalone page. Our responsible gambling page has the tools and the outside help lines.

Who Moon.com is for, and who it is not for

It is for you if:

• You already hold crypto and want to put it to work on short-term price direction.
• You want a fixed maximum loss (your stake) rather than a margin account that can go negative.
• You like the idea of one screen for crypto, stocks, futures and commodities, open 24/7.
• You’ll use the play-money mode first and pick a leverage tier you understand.

It is not for you if you want to deposit by card or bank transfer, or you want an operator with a licence number you can look up in its own terms. Everyone else: start with play money.

Pros and cons

Pros

• The mechanic is genuinely simple. Up or Down, stake, leverage, done. No order books, no funding-rate calculus.
• Your maximum loss is your stake. You cannot owe Moon money.
• Play money is available from the start, so the learning curve costs nothing.
• Fees are laid out in a public help article, not buried.
• Crypto, stocks, futures and commodities in one interface, running 24/7.
• A VIP track with 3.5% rakeback on fees, activated through referral sign-up or Bronze VIP (see our promo code page).
• A named operator, a registered address and detailed terms.
• Responsible-gambling tools are written into the terms.

Cons

• No licence number in Moon’s own terms, and no regulator named.
• Incorporated in the Comoros; no local licences anywhere.
• KYC before deposit, crypto-only rails, no published coin list, no published minimum.
• Undisclosed spread and an unpublished holding-fee rate: two of the four fees have no number attached.
• Not available in 43 jurisdictions including the three biggest English-language markets.
• No native app, which matters when positions close in seconds.
• Launched in late August 2026; there is no withdrawal track record to lean on.
• No welcome bonus at the time of writing.

How we arrived at 3 out of 5

We score on five things: product, fees, trust, banking and access.

Product: strong. The betting interface, the play-money mode and the market range are ahead of most launch-week gambling products. If we were scoring only this, Moon would be a 4 or better.

Fees: middling. The 1% opening fee on stake and the 10% performance fee floor are clear. The undisclosed spread and dynamic holding fee are not, and at high leverage the spread is the fee that decides outcomes.

Trust: below average. A real company and real terms, but no licence number in those terms, an offshore jurisdiction, and a launch too recent to have proven anything about payouts. The reported Stake-founder connection would be reassuring if Moon confirmed it. It has not.

Banking: weak. Crypto-only, KYC before deposit, no published minimum, coin list or withdrawal time.

Access: weak. 43 restricted jurisdictions.

Average those and you get a product that is very good at the thing it does, wrapped in an operator that has not yet done the paperwork to match. That is a 3.

What would move it to 3.5 or 4: a licence number and regulator in the terms, a published spread (even a range), a published holding-fee rate, a coin list and minimum deposit in the help centre, and six months of clean withdrawal reports. Some of them are one help-centre article away.

What would move it down: withdrawal complaints, a change to the terms that widened the pricing edge, or any sign that KYC documents are being used for anything other than verification.

Bottom line

Moon.com is a well-made, house-banked, up/down leverage betting product from a newly launched Comoros-registered company that has documented its fees better than its licensing. It is real, it is fast, it runs 24/7, and it gives you a free sandbox to learn in before you deposit a cent.

The best start is simple: sign up through our link so you’re on the VIP track, learn the fee stack on play money, verify and deposit small, withdraw once early, and stay well below 1000x until the leverage math is second nature. We’ll update this review as Moon publishes more, and the FAQ tracks the smaller questions: minimum deposit, app status, withdrawal time and the current restricted list.