Moon.com in brief

Moon.com is a betting platform, not a crypto exchange or brokerage. A user does not buy Bitcoin, Apple stock or another underlying asset. The wager is linked to the movement of a referenced market price, and the outcome depends on direction, entry price, leverage and when the position closes or busts.

Simple summary: Market + wager + direction + leverage = a Moon.com bet.

The four decisions

1. Choose a market

Moon.com describes markets including cryptocurrencies, stocks, commodities and currencies. Crypto markets may operate continuously; other referenced markets can use extended-hours pricing. Availability changes, so check the live asset list.

2. Enter a wager

The wager is the amount committed to the bet. Under current Moon.com terms, it is also the maximum amount that can be lost on that individual bet. That cap does not prevent multiple bets from depleting an account.

3. Choose Up or Down

Choose Up when expecting the referenced price to rise from the entry level, or Down when expecting it to fall. The bet can gain or lose value as the reference price changes.

4. Select leverage

Leverage multiplies exposure. Moon currently describes options from 1x up to 1000x where available. Before confirmation, review the wager, position size, fees and Bust Price.

Managing an open bet

Moon's official guide says users can monitor profit or loss in real time and close a position. It also describes a Flip control that closes a current bet and opens the opposite direction, plus Close All for multiple open bets. Execution can change during fast markets.

How prices are sourced

Moon says it aggregates independent market data and identifies providers including DXFeed and Pyth Network. For some extended-hours assets, it also describes oracle-based pricing. Moon prices can differ from prices shown elsewhere.

What to understand first

High leverage can bust rapidly. At 1000x, a movement of roughly 0.1% against the selected direction can be enough to lose the entire wager.
  • Moon.com is entertainment, not an investment product.
  • High leverage reduces the adverse move required to lose the wager.
  • Fees and execution affect payouts.
  • Availability depends on jurisdiction and eligibility.
  • Play Money is the sensible place to learn the controls.

Next: understand Moon.com leverage and Bust Price ↗