Moon.com vs MoonPay: Moon.com Is the House on Every Bet

None of the 26 Moon pages retrieved on 2026-10-18 (23 English help-centre articles and 3 other moon.com pages) mention MoonPay or Pay with Moon.

Records what the pages read on that date do not mention.

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 International Limited

"Wager" means the funds you commit and place at risk when placing a Bet.

"Bet" means a wager placed on the Platform on the price movement of a Market, with the Wager and Leverage selected by you, whose Payout is determined by that price movement in accordance with Section 8.

Each Bet is placed with a Wager and Leverage, which may be 1x or greater, that you select from the options available on the Platform.

The potential or actual return of a Bet may be displayed on the Platform as a multiple of your Wager (the "Multiplier").

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'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.

(d) The Services are intended for recreational and entertainment use.

Bets offered on the Platform are not securities, investments, or regulated financial instruments; they are speculative entertainment products, and their availability does not create an advisory or fiduciary relationship between you and Moon.com.

The Services are entertainment products; nothing we provide, including price charts or educational content, constitutes advice or creates an advisory relationship.

BETS ARE HIGH-RISK, SPECULATIVE ENTERTAINMENT PRODUCTS AND MAY NOT BE SUITABLE FOR ALL USERS.

The Services are provided for entertainment and recreational purposes, subject to the specific product terms, Betting rules, and risk disclosures published on the Platform from time to time.

You are responsible for reviewing and complying with all Betting rules, Wager limits, and product specifications published on the Platform, as amended from time to time.

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.

"House" means Moon.com acting as the principal counterparty to every Bet placed on the Platform, as described in Section 5.4.

When a Bet settles in your favour, Moon pays your Payout; when it settles against you, Moon retains your Wager.

As the House, Moon has a direct financial interest in the outcome of every Bet.

The House does not apply a spread to its quoted prices.

Instead, the House charges a performance fee (the "Performance Fee"), which is the House’s principal edge on Bets.

"Performance Fee" means the fee described in Section 9.2, which constitutes the House’s edge on Bets.

8.4 House Risk Management

We may manage the House’s aggregate exposure at our discretion, including by adjusting the Leverage levels, Wager limits, and Payout limits available for any Market, declining to accept any Bet, or, in extreme circumstances, closing open Bets in accordance with Section 7.4.

We may impose Wager limits, Bet-size limits, or require the reduction or closure of open Bets at our discretion, including in response to extreme price volatility, regulatory developments, or risk-management considerations, and may suspend or delist any Market or Bet type at any time.

You may deposit Supported Currencies into your Account.

"Supported Currencies" means the cryptocurrencies and, where enabled, fiat currencies that may be deposited to, or withdrawn from, an Account, as published on the Platform.

Deposits are credited only after the required number of confirmations on the applicable blockchain network, or receipt of cleared funds, as applicable.

You represent and warrant that all funds you deposit originate from lawful sources, and that you will not use the Services to launder money, finance terrorism, or facilitate any other illegal activity.

Initiating a chargeback, payment reversal, or similar repudiation of a deposit after using the deposited funds to place Bets is treated as fraud and a material breach of this Agreement.

We may: (a) withhold withdrawals until deposits have fully cleared and are no longer capable of being reversed; (b) recover, including by deduction from your Account balance, any winnings paid out against deposits that are subsequently reversed; (c) suspend or close your Account; and (d) report chargeback abuse to payment providers, card schemes, and relevant authorities.

Moon's terms say Moon.com is not a trust company or licensed custodian, and that its fund-separation measures do not guarantee full recovery after insolvency or a security breach.

Moon.com is not a trust company or licensed custodian, and these measures do not guarantee full recovery of funds in the event of insolvency, security breach, or other loss event.

YOUR USE OF THE SERVICES, AND ANY FUNDS YOU DEPOSIT OR WAGER, IS ENTIRELY AT YOUR OWN RISK.

Deposits not connected to the breach will be returned where it is lawful for us to do so.

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.

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.

You may not operate your Account on behalf of another person, and you may not direct, fund, or conduct activity through another person's Account, including to circumvent a restriction, suspension, closure, or self-exclusion applied to you or to them.

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.

8.6 Maximum Loss Limited to Your Wager

Your maximum loss on any Bet is limited to the Wager you have committed to it, and your Account balance will never be reduced below zero as a result of the placement or settlement of Bets.

"Bust Price" means the price level, determined by the Wager and Leverage of a Bet and displayed before the Bet is confirmed, at which the Bet is automatically settled as lost.

If the price of the Market reaches your Bet’s Bust Price, the Bet is automatically settled as lost and your Wager is forfeited to the House.

The higher the Leverage you select, the smaller the adverse movement in the price of the Market required for your Bet to Bust and your Wager to be lost; at higher Leverage, a Bet can Bust rapidly.

YOU CAN LOSE YOUR ENTIRE WAGER RAPIDLY, INCLUDING THROUGH AUTOMATIC SETTLEMENT (BUST), BUT YOU CAN NEVER LOSE MORE THAN YOUR WAGER.

You will never owe any amount beyond your Wager as a result of a Bust.

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.

Choose an asset , enter your wager , choose your leverage , decide whether you think the asset price will go Up or Down , and send it.

Your leverage (how much you want to multiply that wager).

Moon's leverage guide says a position is liquidated the moment it has lost an amount equal to the original wager.

Key rule on Moon: Your position is liquidated the moment it has lost an amount equal to your original wager.

Moon's leverage guide says a 0.1% move against you at 1000x is enough to lose the entire wager.

Markets can be volatile - a 0.1% move against you at 1000x is enough to lose your entire wager.

Real Example: $100 Wager at 1000x Leverage

If Bitcoin falls just 0.1% to $59,940, you have lost $100 (the full amount of your wager).

For example, a $100 wager with 10x leverage gives you exposure to $1,000 worth of the asset.

Moon Sentiment indicates whether users are predominantly wagering Up or Down on a particular asset.

At the Max Loss Price, you will lose your entire wager amount, but no more.

Moon offers a wide range of markets that can be wagered on 24/7, including:

Your maximum possible loss is limited to your wager amount

Unlike traditional financial markets, Moon allows users to wager on supported assets around the clock.

Play Money is a simulated wagering balance that lets you practice betting in a risk-free environment.

While using Play Money, you can access the same wagering features available on the live platform, including:

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

To make a deposit on Moon, you must complete the Know Your Customer (KYC) process.

Once your email has been verified and KYC has been submitted, you can make your first deposit.

Navigate to the Wallet or Deposit section

Select the cryptocurrency you wish to deposit

Copy your deposit address

After your deposit has been successfully received, you’ll be ready to place your first bet on Moon.

For step-by-step wagering instructions, please refer to our separate guide:

If your deposit hasn't shown up yet and you need help from the Moon.com support team, start by locating your transaction hash - as we will most likely ask for it.

It must also show regular deposits and withdrawals over a period of time (usually 3-6 months).

It must also cover a period of time that corresponds to the funds being deposited (e.g., if a bank statement shows a deposit of $1,000 on March 15, a pay stub from March for $1,000 would be required).

Must include a receipt of winnings and documentation such as a bank statement showing the origin of the funds initially deposited.