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, runs 24/7 on crypto and stocks, and its fees are shown up front. It's also built so the house earns on every winning bet, and at high leverage the price only needs to twitch to end your bet. Good 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 depends on the market and current conditions.
Markets cover cryptocurrencies, stocks (including outside regular exchange hours), indices, futures, commodities like gold, and forex. There are also pre-IPO markets such as SpaceX and Anthropic, and simulated "RNG coins" whose price paths are provably fair.
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. Opening it costs a 1% fee on the wager: $1.
- If BTC rises 0.5% to $60,300, the position gains about $500 gross, and Moon keeps a performance fee from that profit.
- If BTC falls 0.1% to $59,940, the bet hits its max loss price and closes. You lose your $100 and nothing more.
That last line is the whole game. Bitcoin can move 0.1% in a minute. 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 → max loss 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 balance can never go below zero because of a bet. That's genuinely better than a futures exchange where cross margin can pull from the rest of your account. It doesn't make high leverage safe. It makes the worst case predictable.
Get 3.5% rakeback for life on Moon
Sign up with code 1000XGUIDE and get 3.5% rakeback for life.What it costs
- Opening fee: 1% of your wager, not of the leveraged position. $100 at 1000x costs $1 to open.
- Performance fee: a cut of profit on winning bets, minimum 10%, varying with the market and the size of the move. No fee on losing bets.
- No spread: Moon's terms say it doesn't add a spread to prices; the performance fee is its edge.
- Other fees: possible holding fees on open bets per market specs, withdrawal fees, and a dormancy fee after 12 months of inactivity.
Here's what Moon's own in-platform fee calculator showed for a $100 Bitcoin bet:
| $100 BTC bet | Price move | Gross profit | You keep (Moon's calculator) |
|---|---|---|---|
| 10x | +1% | $10.00 | $8.34 |
| 10x | +10% | $100.00 | $89.30 |
| 100x | +1% | $100.00 | $83.42 |
So on a winner you keep roughly 83–89% of the gross profit. Full breakdown: Moon.com fees explained.
Tools in the bet panel
- Auto Profit / Auto Loss: close the bet automatically at a profit or loss you set.
- Flip: close and reverse your bet in one click (it's a new bet, so 1% opening fee again).
- Close All: exit every open bet at once.
- Moon Sentiment: whether more open bets are Up or Down on a market.
- Max profit per bet: each market has a cap. For Bitcoin, Moon's fee panel showed $200,000.
Deposits, verification and withdrawals
Deposits are crypto only. You must submit identity verification (ID and possibly proof of address) before your first deposit, and it must be approved before your first withdrawal, so do it early. Moon blocks restricted countries with location checks, VPN detection and device fingerprinting. Guides: deposits & KYC and withdrawals.
Play money and mobile
Play money gives you $100,000 to practice with, refillable without limit. Use it. There's no native app yet, but Moon works in a mobile browser and can be added to your home screen as a web app.
Rewards
Moon's VIP program starts at Bronze ($10,000 wagered) with weekly and monthly bonuses and rakeback. Normally you'd have to reach Bronze to unlock rakeback; sign up with code 1000XGUIDE and you get 3.5% rakeback for life from your first bet.
Who runs it
The operator is Moon International Limited, registered in the Union of the Comoros and licensed in Anjouan. More in Is Moon.com legit?
Pros and cons
Pros
- Loss capped at your wager, no negative balance
- Very simple: Up or Down, instant fills
- Crypto, stocks, indices, gold and forex in one place, 24/7
- Cheap to open a bet; fees shown before you confirm
- Play money to practice
Cons
- At high leverage, tiny moves wipe out a bet
- Performance fee takes a real share of every win
- You bet against the house
- Offshore license 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.
Decided to try it?
Sign up with code 1000XGUIDE and get 3.5% rakeback for life.