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Moon.com Review & Overview
Moon.com is not your typical sports betting sites or online casino brand - instead it is a market-prediction platform where you can place Up or Down wagers on price movements.
Think of it as a trading platform not sportsbook because you will find it is about wagering on whether prices on cryptocurrencies, shares, commodities, futures and forex with rise or fall over a period of time.
Instead of purchasing Bitcoin, gold or a stock directly, you take a position on whether its price will rise or fall over the course of your bet.
Selected Moon markets offer leverage of up to 1000x, allowing you to increase exposure beyond your original stake. While this can boost potential returns, it also increases risk considerably, as even small price movements can result in a full loss of your wager.
It is trading-meets-wagering and new customers can try the site with no risk before depositing to familiarise themselves with the process and the real risks.
Use the Moon promo code NEWBONUS when registering to receive 3.5% rakeback on eligible betting activity.
Verdict
From a sports bettors point of view, Moon.com is an unusual new addition but it is actually a very interesting option for users who want to wager on the direction of financial markets without buying the underlying asset.
It simplicity is well thought out as you simply pick an asset, predict whether its price will move Up or Down, choose a stake and decide whether to apply leverage. The site covers crypto, selected stocks, commodities, forex, futures and indices, with leverage of up to 1000x on eligible markets.
The big appeal is that simplicity mentioned with no order books, complicated trading terminals or margin top-ups. Your potential loss is limited to the original wager on each position.
It is the high-leverage model that makes it a high-risk product. At 1000x, a market movement of roughly 0.1% against your position can be enough to trigger the Max Loss Price and lose the full stake.
Moon is best suited to experienced crypto or financial-market bettors who understand volatility and use leverage carefully. New users should begin in Play Money mode, keep leverage low and treat the 3.5% rakeback as a fee rebate, not as a protection against losses.
Pros & Cons
- Simple Up or Down betting on crypto, stocks, forex, commodities, futures and indices
- Leverage from 1x up to 1000x is available on selected markets
- Maximum loss is limited to the original wager on an individual position
- Play Money mode lets users practise with simulated funds before betting for real
- 3.5% rakeback returns a portion of eligible opening, holding and performance fees, including fees incurred on losing bets
- Not suitable for users looking for conventional sports betting, casino gaming or long-term investment tools.
- Market selection is narrower than a full trading exchange
- 1000x leverage is extremely high risk and very small market movements can result in a total loss of the stake
Moon.com - How It Works
Moon.com is different from a standard betting site. Instead of wagering on football matches, horse racing, Esports or casino games, Moon is for users to place price-direction bets on financial markets.
The platform offers markets across Cryptocurrencies, Stocks and Equities, Futures, Commodities and Foreign Exchange (forex).
To place a Moon prediction, you select an asset and decide whether you think its price will move Up or Down. Choose Up if you expect the price to rise, or Down if you believe it will fall. You then enter your stake and, on eligible markets, choose the level of leverage you want to apply.
You are not buying or owning Bitcoin, Tesla shares, gold, oil or any other asset available on the platform. Instead, your position gains or loses value based on the movement of the market price after you open the bet.
Moon operates around the clock, including on selected stock and other markets that would normally only trade during limited exchange hours.
This gives users access to price-direction betting at any time, although pricing outside standard market hours can be more volatile or may operate differently from the underlying exchange.
Opening a Moon Position
- Placing a bet at Moon follows a simple process:
- Choose a market, such as Bitcoin, a listed stock, gold or a forex pair.
- Select Up or Down based on the direction you expect the price to move.
- Enter the amount you want to wager.
- Select leverage, if it is available and you want to use it.
- Review the Max Loss Price, Auto Profit Close and Auto Loss Close settings.
- Confirm your position and monitor it through the Moon interface.
For example, a $100 wager with 10x leverage creates $1,000 of effective market exposure. A 1% move in the underlying market would therefore have an approximate 10% effect on the position value, before fees and the effect of the final execution price.
The same principle applies in both directions. If the market moves your way, leverage can increase the potential return. If it moves against you, leverage increases the speed and size of potential losses.
Moon states that the maximum loss on an individual position is limited to your original wager. This means you cannot lose more than the amount committed to that particular bet, and Moon does not use a traditional broker-style margin call that asks you to add more funds to keep a position open.
How Leverage Works at Moon.com
Leverage lets you control a larger market position with a smaller upfront stake. It can range from 1x up to 1000x on selected assets, although the maximum available amount varies depending on the market and current conditions.
| Wager | Leverage | Effective Market Exposure |
|---|---|---|
| $100 | 1x | $100 |
| $100 | 10x | $1,000 |
| $100 | 100x | $10,000 |
| $100 | 1000x | $100,000 |
Higher leverage means the Max Loss Price is closer to the price where you opened the position. At 1000x, an adverse movement of around 0.1% can be enough to exhaust the entire wager.
For that reason, Moon is best approached as a high-risk price-prediction platform rather than a conventional investment service. Using low leverage or Play Money mode first can help users understand how quickly the value of a position can move.
Leveraged Stock Betting at Moon
Moon’s equity markets allow users to wager on the price direction of listed companies without purchasing shares directly. For example, you can take an Up or Down position on a stock, choose your stake and apply leverage where it is available.
This gives the experience some similarities to leveraged trading, but there is an important difference. You do not own the stock, receive dividends, gain shareholder rights or build a long-term investment holding.
Your outcome is based only on the movement of the market price during the life of your Moon position.
That makes Moon’s stock markets suitable for short-term price predictions, not for investing in companies over time. Before placing a real-money position, check the selected market’s available leverage, opening fee, holding fee, Max Loss Price and any auto-close settings.
Moon.com Fees
Moon charges fees for placing and maintaining positions and it is important to understand them. These costs should be considered alongside the potential return from a wager, especially when using leverage, as fees can affect the final profit or loss on a position.
The main Moon fees are the opening fee, holding fee and performance fee.
Opening Fee
Moon charges a 1% opening fee whenever you create a new Up or Down position. The fee is based on your original wager, not on the total value of your leveraged market exposure.
For example:
| Wager | Leverage | Market Exposure | 1% Opening Fee |
|---|---|---|---|
| $100 | 1x | $100 | $1 |
| $100 | 10x | $1,000 | $1 |
| $100 | 100x | $10,000 | $1 |
| $100 | 1000x | $100,000 | $1 |
This means a $100 wager at 100x leverage creates $10,000 of market exposure, but the 1% opening fee is still calculated from the $100 staked. Moon displays the relevant fee before you confirm the position.
Holding Fee
Positions that remain open beyond the initial period may be charged a holding fee. Moon reviews this cost every eight hours while an eligible position remains open.
The holding rate is dynamic rather than fixed. It can change according to the asset, market volatility, liquidity, supply and demand for Up or Down exposure, and broader funding conditions. Higher-volatility markets or positions held over a longer period may therefore cost more to maintain.
Before keeping a position open for an extended time, check the displayed holding fee and factor it into your potential return. A profitable market move can still produce a smaller net return once holding costs are deducted.
Performance Fee
Moon may charge a performance fee when you close a position for a profit. The fee is calculated from realised profit and is subject to a minimum rate of 10% of the profit made.
For example, if a position closes with a $50 realised profit, a 10% performance fee would be $5, leaving $45 before any other applicable fees.
No performance fee is charged when a position closes at a loss. However, losing positions may still have incurred an opening fee and, where applicable, holding fees.
Moon.com Rakeback
New Moon users who sign up with the promo code NEWBONUS can receive 3.5% rakeback on eligible platform fees. Rakeback is designed to return a small percentage of the fees you generate while placing positions, whether those positions win or lose.
It is important to understand what rakeback is - and what it is not:
- It is a fee rebate, not a deposit bonus.
- It does not reduce your stake or change your Max Loss Price.
- It does not insure a losing position.
- It cannot eliminate the risks associated with market volatility or high leverage.
- It may apply to opening, holding and performance fees, subject to the promotion’s current terms.
For example, if you pay $10 in eligible Moon fees, 3.5% rakeback would return $0.35. Over many positions, this can reduce the long-term cost of using the platform, but it should not be treated as a reason to increase stake sizes or use higher leverage.
The safest way to use rakeback is to view it as a small ongoing rebate. Always focus first on your stake amount, leverage level, Max Loss Price and the full fee shown before you confirm a position.
Moon.com Play Money Mode
Moon’s Play Money mode is a useful starting point for anyone who wants to understand the platform before making real-money price predictions.
It provides a virtual balance that lets you explore Moon’s Up and Down markets without depositing funds or risking cryptocurrency.
Using Play Money, you can:
- Browse the available crypto, stock, commodity, futures and forex markets
- Open simulated Up and Down positions
- Test different wager amounts
- See how leverage affects market exposure
- Compare low-leverage and high-leverage positions
- Review the Max Loss Price before opening a prediction
- Try Auto Profit Close and Auto Loss Close settings
- Get familiar with the charts, market information and bet slip
No real money is required, and simulated results do not affect your live account balance.
Play Money is especially valuable because Moon positions can move quickly when leverage is applied. A high-leverage bet can have a Max Loss Price very close to the opening price, meaning even a small move against your prediction can exhaust the full wager.
Practice mode lets you see how this works in real time before risking your own funds.
Once you are comfortable with the interface, start cautiously if you decide to move to real-money betting. Keep stakes small, use lower leverage and always check the opening fee, potential holding cost and Max Loss Price before confirming a position.
Contact Moon.com
For any questions about your account, the fees, trading markets, deposits and withdrawals, the Moon.com Help Centre is where you will find the answers.
You can also reach the team via the Contact button on the website for live support.
Moon.com FAQs
- What can I bet on at Moon.com?
Moon offers betting markets based on cryptocurrencies, stocks, futures, commodities and forex. Users choose whether they believe the selected market will move Up or Down.
- Can I try Moon.com without betting real money?
Yes. Moon provides a Play Money mode where users can explore markets, leverage and other platform features using simulated funds.
- What is the Moon.com promo code and bonus?
The Moon.com promo code is NEWBONUS. Eligible new users can enter this code during registration to get 3.5% rakeback, subject to the applicable promotion terms.
Moon.com Quick Info
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