What Is Moon.com? The 1000× Price-Betting Platform, Explained

Moon.com is a price-betting platform. You choose one of 40 markets — Bitcoin, Ether, Tesla, gold, the S&P 500 — decide whether the price is going up or down, put down a stake, and pick a multiplier anywhere from 1× to 1000×. If the price moves your way, the position gains at the multiplied rate. If it moves against you far enough, the bet ‘busts’ and the stake is gone. That is the whole product. It is run by Moon International Limited under a gaming licence from Anjouan, and it has been open to the public since August 2026, after an invite-only beta.

Not a casino, not an exchange, not a prediction market#

The reason ‘what is Moon.com’ is such a common search is that the platform does not fit any familiar box. There are no slot machines, no dealers and no random number generator, so it is not a casino in the usual sense — every outcome is decided by a real market price. You never buy or hold a coin or a share, and there is no order book to trade into, so it is not an exchange or a broker either. And unlike Polymarket or Kalshi, you are not buying yes/no contracts from other users about an event: you are betting on a price path, and Moon is on the other side of the bet.

The closest relatives are the leverage-betting products at crypto casinos such as Rollbit, and traditional perpetual futures. We have compared it with both — see Moon vs Polymarket and Kalshi for the prediction-market side and Moon vs Rollbit for the casino side. The short version: Moon takes the futures idea of leveraged exposure, strips out the exchange, the order book and the possibility of owing money, and sells it as a bet.

How a bet on Moon.com works, step by step#

1. Pick a market. Bitcoin, Ether, Solana, Tesla, Nvidia, gold, EUR/USD, the Nasdaq 100 — 40 markets in total, listed below.
2. Pick a direction: Up or Down. That is the entire forecast you are making.
3. Set a stake and a multiplier. The stake is the money you are risking; the multiplier, from 1× to 1000×, is how strongly the price move is amplified.
4. Check the bust price. Before you confirm, Moon shows the exact price at which your stake would be used up and the bet closed. The terms commit to displaying it (§8.2), and it stays visible in your positions list while the bet runs.
5. Confirm and close whenever you like — or let the bet close itself. You can attach an auto-win and an auto-loss level, cash out manually at any time, or hold until the bust price does the closing for you.

A worked example makes the multiplier concrete. Stake $10 on Bitcoin going up at 100× and your position behaves like $1,000 worth of Bitcoin. A 0.5% rise adds roughly $5 to your stake; a fall of about 1% uses the stake up and Moon closes the bet automatically at that point. At 1000× the same $10 behaves like $10,000, and the bust price sits about 0.1% from your entry. On an Ether short we opened in our test account in August 2026, the entry was $2,534.47 and the bust price $2,537.00 — a gap of $2.53. You can run your own numbers in our liquidation price calculator, and the full arithmetic is in how 1000× leverage works.

Two details set the rhythm of the product. Bets can run from one second to one week, so it serves both the person scalping a single candle and the person holding a view over a few days. And the markets never close: outside stock-exchange hours Moon quotes stocks and indices through the SEDA oracle, so a Tesla bet is available at 3 a.m. on a Sunday. Whether that is a feature or a hazard depends on you.

The 40 markets you can bet on#

What is not on the list matters just as much. Moon’s terms define a market as cryptocurrencies, stocks, commodities and currencies. There are no sports markets and no political or election markets, which is the cleanest way to tell it apart from a sportsbook or a prediction market.

What Moon.com costs#

Moon publishes its fee schedule, which is more than many platforms in this corner of the market do. Three fees can apply to a bet, plus a spread that sits inside the price itself.

• ▸Opening fee: 1% of your stake — of the stake, not of the leveraged exposure. It is the same $0.10 on a $10 bet whether you choose 10× or 1000×.
• ▸Holding fee: charged every eight hours a bet stays open, at a rate Moon calls dynamic. The rate is displayed inside the platform on your bet slip rather than on the public fee page; when we looked in August 2026 it showed 0.02% per eight-hour window, a snapshot rather than a published number.
• ▸Performance fee: at least 10% of the realised profit on a winning bet. A losing bet pays nothing here.
• ▸Liquidity adjustment: applied to the closing price only, with no fixed rate stated.
• ▸House spread: Moon is ‘the House’, the counterparty to every bet, and its terms (§9.2) say the settlement price carries a spread in its favour, separate from and in addition to the fees above.

Put together, the fees and the spread make the average bet negative-expectation by construction — the same as any house game, and worth knowing before the first deposit rather than after. The full breakdown, with examples at different multipliers, is in Moon.com fees explained. One thing softens it: 3.5% of every fee you pay comes back to your balance as rakeback if your account was opened through a partner link such as ours, from your first bet and on losing bets as well as winning ones. How that works, and what it is worth in practice, is covered in rakeback explained.

Who owns Moon.com?#

The company behind the platform is named in the terms of service and appears in a public licence register, which is the first thing to check with any betting site. Here is the paperwork as it stands.

• ▸Operator: Moon International Limited, registered in Anjouan, Union of the Comoros (company number 16151), with a registered address at Hamchako, Mutsamudu.
• ▸Licence: ALSI-202601063-FI2, a business-to-consumer gaming licence issued by the Offshore Finance Authority of the State of Anjouan under the Computer Gaming Licensing Act 007 of 2005. Issued 31 January 2026, valid until 30 January 2027, and listed as valid in the official register when we checked in August 2026.
• ▸Governing law: the terms are governed by the law of the Union of the Comoros, with disputes going to arbitration in Moroni.

Two things that a licence of this kind does and does not cover. It does mean a named, registered company is accountable for the platform and that the permit can be checked by anyone. It does not bring deposit insurance or an independent ombudsman: Moon’s terms state that it is not a trust company or licensed custodian, and complaints run through Moon’s own process first and then arbitration. That is the standard shape for an offshore gaming licence, and it is the reason our practical advice is to keep a betting balance, not a savings balance, on the platform.

You will also read that Moon.com belongs to Stake. That claim comes from casino.org, which describes Moon as Stake’s prediction-market brand; Moon itself has not confirmed a connection, and the other published reviews do not repeat it, so we report it as one publisher’s account rather than as fact. Equally worth knowing: the domain itself has a long previous life. Moon.com was a travel-guide publisher’s address for roughly three decades before the betting platform appeared, so old reviews and business records under that name are about guidebooks. Our scam check covers who is who under the ‘moon’ name — see is Moon.com legit.

Where Moon.com is available#

Section 3.2 of the terms names 44 jurisdictions that are officially not served — among them the United States, the United Kingdom, Germany, Australia, Brazil and much of the EU — and adds two catch-all clauses covering sanctioned territories and any country that requires a local licence Moon does not hold. Moon’s help centre also says that opening an account requires residence in a supported country. The full list, grouped by region, is in our restricted countries list.

Money in, money out#

Moon runs on cryptocurrency. Deposits and withdrawals go on-chain in coins such as BTC, ETH, SOL, USDT and USDC, and if you do not hold any, the integrated third-party provider swapped.com lets you buy crypto by card and start straight away. The terms leave the door open for fiat currencies ‘where enabled’, but at the time of writing crypto is the working route.

We tested the round trip ourselves on 22 August 2026: $50.00 in USDC deposited at 01:18, bets placed, and $51.68 withdrawn over the Solana network at 01:56 — 38 minutes from deposit to withdrawal sent, with a $1.00 withdrawal fee, a $0.04 minimum and a one-time code by email before the request went through. Moon’s help centre lists identity verification as a step before the first deposit; no verification prompt appeared during that test, so treat KYC as something the platform can ask for at any point rather than something you can plan around. The screenshots are in the legit check linked above.

Try it without depositing: play money#

Every account comes with a play-money mode: a virtual balance of $100,000, the same 40 markets, the same 1× to 1000× range and the same bust mechanics, refillable to $100,000 as often as you like. It is the right place to learn what a 1000× bust feels like, because in play money it costs nothing. You can open an account and switch to play money before depositing anything. Our play money guide turns it into a practice plan rather than a toy.

Is Moon.com legit — and what is still young about it#

The documentation checks out: a verifiable licence, a named operator, a published fee schedule and three named price sources — DXFeed, Pyth Network and the SEDA oracle — with Moon stating that it does not create or manipulate asset prices. What is still short is track record. The platform has been public for a matter of weeks, the written coverage so far is affiliate and portal material, and there is no native mobile app — Moon points to ‘Add to Home Screen’ in the mobile browser instead. Security features listed in the help centre are two-factor authentication, passkeys and session management; there is no published audit and no provably-fair system, and Moon does not claim one. The sensible reading is ‘documented, but young’: start in play money, keep the first deposit small, and let your own first withdrawal be the data point. Our full Moon.com review goes through all of it in detail.