Moon.com play money: a simulated betting balance
Short answer
Yes: Moon's help center describes a Play Money mode that uses a simulated balance and needs no real funds.
Yes, Moon offers Play Money, a practice mode for trying the platform and testing betting strategies without real funds. The largest gap is that Moon's documents do not state a gaming license number. People below the legal gambling age, and people in any jurisdiction that Moon's terms prohibit, must not use the service.
Moon.com is a leveraged betting site where users wager on whether a price rises or falls, Moon acts as the house on every bet, and Moon International Limited runs it.
Key facts
| Item | What Moon's documents say | Source |
|---|---|---|
| Operator | Moon International Limited | Moon terms |
| Play money cost | No real funds needed | Moon help: using play money |
| Practice balance | $100,000 per refill | Moon help: using play money |
| Refill limit | No limit on refills | Moon help: using play money |
| Counterparty | Moon, as the House | Moon terms |
| Opening fee | 1% per new real bet | Moon help: fees |
| Maximum leverage | Up to 1000x | Moon help: leverage |
| License status | Valid on Anjouan register | Anjouan licence register |
| Withdrawals | Subject to verification and AML checks | Moon terms |
| Restricted countries | Listed in section 3.2 | Moon terms §3.2 |
Code ACES: rakeback for affiliate sign-ups.
Moon's help center says accounts opened through an affiliate normally get rakeback switched on: 3.5% of the fees you pay comes back.
What is Moon.com play money?
Moon.com play money is a simulated wagering balance for practice bets in a setting without financial risk. Moon's help center says no real funds are needed to use it. Once a user turns it on, the whole account moves into Play Money mode.
Moon's help article sets a narrow purpose for the mode. Play Money exists for education and practice only, according to that article. The balance is a simulation, so the numbers on screen stand for practice amounts and not for money a user owns. A user who wants to learn how a Moon bet is set up can do so here without placing a real wager. The help center frames the whole feature as a learning tool.
Moon International Limited runs Moon.com, according to section 1.1 of Moon's terms. The company is incorporated in the Union of the Comoros under registration number 16151. Its registered office is in Hamchako, Mutsamudu, on the island of Anjouan. The same terms describe the Moon service as an entertainment and gaming product for recreational use. Those words apply to the whole service, which includes the practice mode.
Moon's help article calls the play environment risk-free. That label fits the balance itself, because the money in it is simulated. The help center says a user can try it without putting in real funds. A user still needs a Moon account to reach the toggle, since the switch changes the account's mode. The practice balance and the real balance stay apart, and bets in the mode draw only on the simulated one.
Sources: Moon help: using play money, Moon terms (retrieved October 18, 2026)
Does Moon.com have a demo or practice mode?
Yes, Moon.com has a demo-style practice mode, and Moon calls it Play Money. Moon's help center says the mode lets a user try the platform and test betting strategies with no real funds at stake. A user turns it on from inside a normal account.
The switch for the mode is a Play Money toggle. Moon's help center places it in the dropdown of the main menu. A user can turn it on at any time, according to the same article. The account itself changes mode when the toggle moves, and the help center calls that state Play Money mode. Once the toggle is on, every bet in the account uses the simulated balance and not real funds.
Moon's help article gives a short list of things a user can do with Play Money. Its opening summary names the main aims. The summary mentions getting to know the platform without real funds. It also mentions testing betting strategies. A strategy tried in this mode produces only a simulated result, with no real gain and no real loss attached to it.
Play Money does not depend on a deposit, according to Moon's help center. The Play Money article states that a user needs no real funds to use it. A user who has not funded an account can still try the feature, as far as that article describes it. The toggle also works at any time, so a user can move between practice and real betting from the same menu.
Sources: Moon help: using play money (retrieved October 18, 2026)
Code ACES: rakeback for affiliate sign-ups.
How does the Moon.com play money balance work?
Moon.com play money works as a refillable simulated balance. As of October 2026, Moon's help center says a user who runs out can top the balance back up to $100,000. The same article puts no limit on the number of refills. None of the balance is real money.
Moon's help article has a part headed Refilling Your Play Money Balance. That part covers the moment when the simulated balance runs out. The answer it gives is a top-up that brings the balance back to its full level. After that refill, the user can carry on placing practice bets. The help text describes the process as easy. The refill applies to the practice balance only, since the mode keeps real funds out of it.
Refills have no cap, according to the same help article. A user can top up the Play Money balance as many times as needed. A run of losing practice bets does not end access to the mode, because the balance can be restored each time. Each refill starts the practice from a full balance again. A user who loses the whole practice balance in a single session can refill it and keep going.
Bets placed with Play Money do not use real funds, Moon's help article says. The balance shown in the mode is separate from any real money in the account. Once the toggle is on, the account draws on the simulated balance for every bet. A user who wants to bet with real money has to leave the mode, because the toggle decides which balance the account uses.
Sources: Moon help: using play money (retrieved October 18, 2026)
Is Moon.com play money the same as paper trading?
No, Moon.com play money is practice betting, not paper trading in the investment sense. Moon's terms say the service is not an investment, trading or brokerage service. The same terms say the platform offers no spot trading and no way to buy, sell or hold a digital asset.
Paper trading is a common name for practice trades made with pretend money. Moon's own terms describe something different. They call the whole service an entertainment and gaming product meant for recreational use. The terms also tell users not to treat it as an investment or financial advisory service. A practice bet on Moon rehearses a wager on the platform, and the mode does not simulate the purchase of any asset.
On a real-money bet, Moon itself takes the other side. Moon's terms name Moon.com as the House, meaning the principal counterparty to every bet on the platform. The House pays out on winning bets and keeps the wagers that lose. Play Money mode keeps real funds out of that arrangement, because simulated bets draw on a balance that is not real money.
Any win or loss in the practice mode is simulated, according to Moon's help article. A practice profit is a number on screen and not money a user can spend. A practice loss costs the user nothing in real funds. The help center describes the whole balance as a simulated one, set up for practice in a setting it calls risk-free. Results in the mode stay inside the simulation.
Sources: Moon terms, Moon help: using play money (retrieved October 18, 2026)
Which Moon.com features work in practice mode?
Moon.com practice mode gives access to the same wagering features as the live platform, according to Moon's help center. The help article has a part headed Features Available in Play Money Mode. That part says the betting tools match the live site. Every bet in the mode still draws on the simulated balance.
The help article introduces its list of features with a general statement of parity with the live platform. A user can expect the practice screens to follow the same wagering logic as real bets, based on that wording. The difference lies in the balance, which is simulated. Moon Legit did not open the mode, so the exact set of tools on screen is not confirmed.
Testing betting strategies is among the uses Moon's help center names for the mode. As of October 2026, Moon's leverage guide allows up to 1000x leverage, a multiplier on a bet's price exposure. Moon Legit has not checked whether every setting from the live platform appears in practice mode. The Play Money article says only that the wagering features are the same.
Moon's help article frames the practice mode as a mirror of live wagering. The account stays the same when the toggle is switched on, and only its mode changes. The change the article stresses is the money behind each bet. In Play Money mode, every bet draws on the simulated balance and never on real funds. That is the core of the feature, as the help center describes it.
Sources: Moon help: using play money, Moon help: leverage (retrieved October 18, 2026)
What changes when you leave Moon.com play money?
Leaving Moon.com play money means placing bets with real funds instead of a simulated balance. As of October 2026, Moon's help center says a 1% opening fee applies each time a new bet is opened. On those real bets, Moon's terms make Moon the House on the other side.
Moon's terms put a ceiling on the loss from any single bet. The terms say the maximum loss is always the wager, and they point to section 8.6 for the detail. A losing real bet costs at most the amount wagered, as the terms describe it. In the practice mode, a loss touches only the simulated balance and no real funds.
Moon accepts only cryptocurrency for deposits, according to the help article on account setup. The same article says a user must submit identity verification, known as KYC, before making a deposit. Moon's documents do not mention any fee discount linked to a referral or promo code. The Play Money article, by contrast, says the practice mode needs no real funds at all.
Cashing out a real win runs through Moon's withdrawal process. Moon's terms say withdrawal requests face anti-money-laundering and counter-terrorist-financing checks. The same clause adds minimum and maximum limits and processing times published on the platform. Requests at or above a review threshold that Moon sets get extra automated screening before release. Moon decides that threshold from time to time, according to its terms.
Sources: Moon help: fees, Moon terms, Moon help: using play money, Moon help: account and KYC, Moon help center (retrieved October 18, 2026)
Who can use Moon.com play money?
Moon.com play money is open only to people who meet the user rules in Moon's terms. As of October 2026, users must be at least 18, or older where local law sets a higher minimum age. Section 3.2 of the terms also excludes people in a list of prohibited jurisdictions.
The list in section 3.2 names countries such as the United States, the United Kingdom, Australia, France, Germany and Spain. The terms extend the ban to any country under country-wide sanctions. They also cover places where Moon lacks a local gambling or financial-services license that such bets would need. People in these places must not access or use the service, the terms say.
Moon's terms let each person register and keep a single account, unless Moon gives written permission for more. The practice mode does not need a separate account, because the Play Money toggle switches the existing account into practice. An extra account opened just for practice would go against that rule. The terms also make each user confirm, on an ongoing basis, that their use of the service is lawful where they live.
Moon's terms let a user ask for self-exclusion, meaning a block on their own use of the service. The block can last for a period the user chooses, with a minimum of 6 months, or it can be permanent. The terms also require each user to confirm that they are not currently self-excluded from the platform. A person under a self-exclusion therefore does not meet the terms for using the service.
Sources: Moon terms, Moon terms §3.2, Moon help: using play money (retrieved October 18, 2026)
How do you use Moon.com play money on a phone?
You use Moon.com play money on a phone through the web platform, because Moon has no native mobile app. Moon's help center says a user can add Moon to the home screen instead. The site then works as a progressive web app, which launches in a similar way to a native app.
A progressive web app, or PWA, is a website saved to a phone's home screen that opens like an app. Once Moon is on the home screen, a user can launch it and use it much like a native app. The Play Money toggle sits in the main menu dropdown, according to the Play Money article. Moon Legit has not checked how that menu looks on a small screen.
The help center lists security options for the account that holds the practice balance. Moon supports an extra login check through an authenticator app. Moon also supports passkeys, which the help center presents as a faster and more secure way to log in. Once the extra check is set up, it also covers withdrawals and other ways of sending funds, according to Moon's help center.
A user who loses access to the authenticator codes must write to Moon's account-recovery address. The message has to come from the email linked to the account, according to the help center. Moon then starts a recovery procedure for the extra login check. Moon Legit did not install the home-screen version or set up these checks. Their behavior on a phone is therefore not confirmed here.
Sources: Moon help: does moon have, Moon help: using play money, Moon help: security features on, Moon help: two factor authentication, Moon help: lost two factor (retrieved October 18, 2026)
What we could not verify
Moon Legit could not verify how Moon.com play money behaves inside a live account. Nobody on the site opened an account, switched on the toggle or placed a practice bet. Every statement about the mode comes from Moon's help center and terms, and none of it was checked in use.
The review drew on 26 Moon pages retrieved on 2026-10-18. Those pages were 23 English help-center articles and 3 other moon.com pages. Later versions of those pages may differ. Moon's documents in that set do not state a gaming license number. The public license register of the Anjouan gaming regulator lists Moon International Ltd for the domain moon.com. As of October 2026, that row shows the status as valid.
Moon Legit did not test whether the practice balance refills as the help center describes. The site also did not compare practice outcomes with outcomes on real bets. Nobody checked whether practice bets show any fee on screen. The help article says the practice mode has the same wagering features as the live platform. That statement was not tried in use.
Account behavior, payout speed and support quality are also unverified. Moon Legit made no deposit and requested no withdrawal. It has no record of how long a real payout takes. The site did not contact Moon support about the practice mode, payouts or any other topic. The review compared Moon's documents with a public regulator's register and used no other sources.
Sources: Moon help center, Anjouan licence register, Moon help: using play money (retrieved October 18, 2026)
Check it yourself
- Open the Play Money article in Moon's help center and read the part on refilling your balance. Moon help: using play money
- Read section 3.2 of Moon's terms of service to see whether your country is on the prohibited list. Moon terms §3.2
- Search the Anjouan gaming regulator's public license register for Moon International Ltd and check the status and expiry date yourself. Anjouan licence register
- Read Moon's help article on fees so you know the opening fee before you place a real bet. Moon help: fees
- Check section 1.1 of Moon's terms to confirm which company you would contract with. Moon terms
Questions
Is there a Moon.com demo account?
Yes, through Play Money mode. Moon's help center says a Play Money toggle in the main menu dropdown can be switched on at any time.
Sources: Moon help: using play money (retrieved October 18, 2026)
How big is the Moon.com play money balance?
$100,000 after each refill. As of October 2026, Moon's help center says a user who runs out of play money can top it back up to that amount.
Sources: Moon help: using play money (retrieved October 18, 2026)
Can you refill Moon.com play money as often as you like?
Yes. Moon's help article places no limit on how many times the practice balance can be refilled.
Sources: Moon help: using play money (retrieved October 18, 2026)
Is Moon.com paper trading real trading?
No. Moon's terms rule out spot trading and any buying, selling or holding of a digital asset on the platform.
Sources: Moon terms (retrieved October 18, 2026)
Are Moon.com play money winnings real money?
No. Moon's help article treats every profit and loss in the practice mode as simulated.
Sources: Moon help: using play money (retrieved October 18, 2026)
Who takes the other side of a real Moon.com bet?
Moon does, as the House. Moon's terms name Moon.com the principal counterparty to each bet on the platform.
Sources: Moon terms (retrieved October 18, 2026)
Does Moon.com have a mobile app for practice mode?
Not a native one. According to Moon's help center, Moon has no native mobile app at present.
Sources: Moon help: does moon have (retrieved October 18, 2026)
What is Moon.com practice mode for?
Education and practice only. Moon's help article limits the stated purpose of Play Money to learning and practice.
Sources: Moon help: using play money (retrieved October 18, 2026)
Code ACES: rakeback for affiliate sign-ups.
Sources
Every number in this article comes from one of these records. Each record quotes the document it came from and the date we retrieved it.
Moon help: using play money
Play Money is a simulated wagering balance that lets you practice betting in a risk-free environment.
Play Money is designed for educational and practice purposes only
Play money needs no real funds.
No real funds are required to use Play Money.
Once enabled, your account will switch to Play Money mode and all bets will use your simulated balance instead of real funds.
You can enable Play Money at any time using the Play Money toggle located in the main menu dropdown.
Moon offers a Play Money mode that allows you to experience the platform and test betting strategies without using real funds.
You can use Play Money to:
Profits and losses in Play Money mode are simulated only
The play-money balance can be topped up to $100,000.
If you run out of Play Money, you can easily top up your balance back to $100,000 and continue playing.
Refilling Your Play Money Balance
There is no limit to how many times you can refill your Play Money balance.
Play Money bets do not use real funds
Features Available in Play Money Mode
While using Play Money, you can access the same wagering features available on the live platform, including:
Moon terms
Moon.com is operated by Moon International Limited, incorporated in the Union of the Comoros with registration number 16151 and a registered office in Hamchako, Mutsamudu, Anjouan.
1.1 These Terms of Service ("Terms") constitute a legally binding agreement between you ("User," "Player," "you," or "your") and Moon International Limited, a company incorporated under the laws of the Union of the Comoros with registration number 16151, having its registered office at Hamchako, Mutsamudu, Autonomous Island of Anjouan Union of Comoros (together with its affiliates, "Moon," "Moon.com," the "House," the "Company," "we," "us," or "our").
Moon's terms describe the service as an entertainment and gaming product for recreational use.
The Services are entertainment and gaming products offered for recreational use.
Moon's terms say the service is not an investment, trading, brokerage or financial advisory service and offers no spot trading.
They are not, and must not be treated as, an investment, trading, brokerage, or financial advisory service, and the Platform does not offer spot trading or any means of buying, selling, or holding a digital asset.
Moon.com is the principal counterparty (the House) to every bet: it pays winning payouts and keeps losing wagers.
Moon.com acts as the House: the principal counterparty to every Bet placed on the Platform.
Moon's terms say the maximum loss on a bet is limited to the wager.
Your maximum loss on any Bet is always limited to your Wager, as described in Section 8.6.
Withdrawals are subject to identity verification, AML/CTF checks, limits, network fees and processing times.
Withdrawal requests are subject to identity verification, AML/CTF checks, minimum and maximum limits, network fees, and processing times as published on the Platform.
Withdrawals at or above a threshold that Moon sets receive enhanced screening.
Withdrawal requests at or above a threshold amount determined by us from time to time (the "Review Threshold") will be assessed against criteria that we determine from time to time, using automated tools, including artificial-intelligence-assisted analysis of your Betting and wagering history and Account activity, before being released.
Users must be at least 18, or older where local law sets a higher minimum age.
To use the Services, you represent and warrant on an ongoing basis that: (a) you are at least 18 years of age, or the minimum age at which use of a wagering or gaming product of this kind is lawful in your jurisdiction, whichever is higher; (b) you have full legal capacity and authority to enter into this Agreement; (c) you are not a Prohibited Person; (d) your access to and use of the Services is lawful under the laws applicable to you; and (e) you are not currently self-excluded from the Platform, and are not, to your knowledge, self-excluded from any other gaming or wagering product operated by us.
Section 3.2 of Moon's terms lists prohibited jurisdictions, and also excludes any sanctioned country and any country that requires a local gambling or financial-services licence that Moon does not hold.
3.2 Prohibited Jurisdictions The Services are not directed at, offered to, or intended for use by any person who is a citizen or resident of, incorporated in, or physically located or established in, Afghanistan, Argentina, Austria, Australia, Belgium, Brazil, Cayman Islands, Colombia, Croatia, Cuba, Curaçao, Czech Republic, Cyprus, Democratic Republic of the Congo, Denmark, France, Germany, Greece, Iran, Iraq, Israel, Italy, Liberia, Libya, Lithuania, Malta, Mexico, Netherlands, North Korea, Ontario, Peru, Poland, Portugal, Serbia, Slovakia, South Africa, South Sudan, Spain, Sudan, Syria, Sweden, United Kingdom, United States, Zimbabwe or any other country or territory that (i) is the target of comprehensive, country-wide sanctions administered by a Sanctions Authority, or (ii) requires a local gambling, gaming, wagering, or financial-services licence or authorisation for the provision of Bets of the kind offered on the Platform, which we do not hold (each, a "Prohibited Jurisdiction"). You must not access or use the Services from a Prohibited Jurisdiction.
Each person may hold only one Moon account unless Moon authorises otherwise in writing.
You may register and maintain only one Account, unless we expressly authorize otherwise in writing.
Users can request self-exclusion for a set period of at least six months or permanently.
(b) You may request self-exclusion from the Services for a period you specify (minimum six (6) months) or permanently.
Moon help: leverage
Moon offers leverage of up to 1000x.
On Moon, you can choose up to 1000x leverage .
Moon help: fees
Moon charges a 1% opening fee when a bet is opened.
A 1% Opening Fee is charged when a new bet is opened.
Moon help: account and KYC
Moon accepts cryptocurrency deposits only.
At this time, Moon only supports cryptocurrency deposits.
Identity verification (KYC) must be submitted before a deposit.
KYC must be submitted before you can make a deposit
Moon help center
None of the 26 Moon pages retrieved on 2026-10-18 (23 English help-centre articles and 3 other moon.com pages) mention a fee discount tied to a referral or promo code.
None of the 26 Moon pages retrieved on 2026-10-18 (23 English help-centre articles and 3 other moon.com pages) mention a gaming licence number.
Moon help: does moon have
Moon has no native mobile app.
Moon does not currently offer a native mobile app.
Moon can be added to a phone's home screen as a progressive web app.
Once added to your home screen, Moon will function as a Progressive Web App (PWA) , allowing you to launch and use it similarly to a native app.
Moon help: security features on
Moon supports two-factor authentication with an authenticator app.
Moon supports Two-Factor Authentication (2FA) using an authenticator app for an added layer of account security.
Moon supports passkey login.
Moon supports passkeys for faster and more secure login.
Moon help: two factor authentication
With 2FA set up, the extra security step also applies to withdrawals and other ways of sending funds.
When you have setup 2FA on your account, this also extends the additional security step to withdrawals, and any other protocol which you can use to send funds, primarily for your own protection.
Moon help: lost two factor
Users who lose 2FA access contact a dedicated account-recovery address from the email linked to the account.
If you lost access to your 2FA code, please contact us from the email linked to your account to accountrecovery@moon.com , and we will initiate a 2FA recovery procedure.
Anjouan licence register
The public licence register of the Anjouan gaming regulator (anjouangaming.com) lists Moon International Ltd with licence number ALSI-202601063-FI2, status valid, type b2c, issued 2026-01-31, expiry 2027-01-30, for the domain moon.com.
anjouangaming.com licence register: company "Moon International Ltd", licence number ALSI-202601063-FI2, status "valid", type "b2c", issued 2026-01-31, expiry 2027-01-30, domains "moon.com".