Moon.com Review: Fast, Simple — and Unforgiving
Short version: Moon turns market moves into a clean Up/Down bet with leverage up to 1000x and a hard cap on what you can lose. It's simple and runs 24/7. It's also built so that the house wins over time, and at high leverage the price only needs to twitch to end your bet. Great for small, deliberate bets with money set aside for fun. Not a way to invest.
What Moon.com actually is
Moon is a leveraged market-betting site that launched in 2026. You don't buy Bitcoin, Apple or gold. You bet on whether the price goes Up or Down, and pick a leverage multiplier between 1x and 1000x. The maximum leverage depends on the market and current conditions, so not every asset offers 1000x at all times.
Markets cover cryptocurrencies, equities (including outside regular exchange hours), futures, commodities and forex.
How a bet works, with real numbers
Say Bitcoin is at $60,000 and you bet $100 on Up at 1000x.
- Your $100 behaves like a $100,000 position.
- If BTC rises 0.5% to $60,300, the position gains about $500 before fees.
- If BTC falls 0.1% to $59,940, the loss reaches $100 and the bet is liquidated. You lose your $100 and nothing more.
That last line is the whole game. Bitcoin can move 0.1% in seconds. Lower leverage gives you room: at 10x the same bet survives a 10% drop.
| Leverage | $100 controls | Move that ends the bet | BTC $60,000 → liquidated at |
|---|---|---|---|
| 2x | $200 | 50% | $30,000 |
| 10x | $1,000 | 10% | $54,000 |
| 50x | $5,000 | 2% | $58,800 |
| 100x | $10,000 | 1% | $59,400 |
| 250x | $25,000 | 0.4% | $59,760 |
| 500x | $50,000 | 0.2% | $59,880 |
| 1000x | $100,000 | 0.1% | $59,940 |
Try any combination in the liquidation calculator.
The safety net: your loss is capped
Moon closes a position as soon as its loss equals your original wager, and your account balance can never go below zero because of a bet. That's genuinely better than a futures exchange where a fast move can cost more than your margin. It does not make high leverage safe. It just makes the worst case predictable.
What it costs
Moon publishes a fee schedule, and there's also a cost built into the price you're quoted:
- Betting fee when you open a position.
- Holding (rolling) fee on positions kept open past the initial period, charged every 8 hours. Holding a leveraged bet for days adds up.
- Withdrawal and dormancy fees as listed in the fee schedule.
- House edge spread: Moon is the counterparty to every bet and includes a spread in its quoted price. The size of that spread isn't published.
Moon also factors liquidity into the closing price, so larger positions may close further from the market price than small ones. Check the current fee schedule on Moon before you bet, since it can change.
Deposits and verification
Deposits are in crypto. Expect to verify your identity and address before you can deposit, so have an ID and a recent proof of address ready. Moon blocks restricted countries using IP and location checks, VPN and proxy detection and device fingerprinting.
Play money mode
Moon lets you bet with play money. Use it. Ten minutes at 500x on play money teaches you more about liquidation than any guide, this one included.
Who runs it
The operator is Moon International Limited, registered in the Union of the Comoros and licensed by the Anjouan offshore authority. Industry coverage places Moon in the same group as Stake and Kick. More detail in Is Moon.com legit?
Pros and cons
Pros
- Loss capped at your wager, balance can't go negative
- Very simple: Up or Down
- Crypto, stocks, commodities, futures and forex in one place, 24/7
- Play-money mode to practise
Cons
- At high leverage, tiny moves wipe out a bet
- You bet against the house; the spread isn't disclosed
- Holding fees every 8 hours punish long positions
- Offshore licence and a long restricted-country list
Who it's for
A good fit if you want short, deliberate bets on markets you already follow, with a fixed amount you're comfortable losing, and you treat it as entertainment.
Stay away if you're looking to grow savings, if you'd chase losses, or if you're in a restricted country.