MoonPay Review 2025: Fees, Security, and User Experience
Affiliate Disclosure:
GNCrypto editors review services independently. If you click on affiliate links, we may earn commissions, which help support our testing. The goal of our reviews is to provide our readers with the most objective and unbiased overviews of available platforms for spot crypto trading.
MoonPay
MoonPay is simple and accessible. Spot trading was quick and easy for beginner-level traders. Solid player in our rating.
The Bottom Line
MoonPay is a fiat-to-crypto service for simple purchases rather than full-scale trading. In our test, transactions were processed quickly, the interface was easy to navigate even for first-time users, and payment options included cards, bank transfers, and Apple Pay. MoonPay is a reliable on-ramp for anyone who wants to buy crypto without dealing with exchange order books or complex trading tools.
- It was and fast
- Available globally
- A lot of supported payment methods
- Somewhat higher fees
- No actual trading interface
- Limited support
Key Features
This MoonPay review shows that the platform’s value lies in its simplicity and accessibility – a tool designed for quick, secure, and beginner-friendly crypto purchases rather than active trading.
MoonPay has positioned itself as one of the most widely integrated on-ramps for fiat-to-crypto payments. Think of MoonPay as a checkout tool that lets you buy crypto with a card – like paying for something online, but instead of a product, you receive Bitcoin or Ethereum.
But how does it actually perform when it comes to fees, speed, and safety? We tested it to find out.
Is MoonPay Good?
Founded in 2019 by Ivan Soto-Wright and Victor Faramond, the London-based company operates in more than 160 countries. Unlike a traditional exchange, MoonPay doesn’t hold user funds or offer trading pairs-it serves as a bridge between traditional finance and crypto.
The platform has become one of the most widely integrated on-ramps in the industry, supporting purchases through wallets, NFT marketplaces, and major exchanges. It’s used by brands such as OpenSea, Trust Wallet, and Uniswap, providing a seamless way to move from fiat currency into crypto within seconds.
Who MoonPay Is Best For
MoonPay is ideal for beginners who want to buy crypto quickly with a card, Apple Pay, or other familiar payment options. Its simple interface and fast setup make it accessible even to those new to digital assets.
The platform also suits NFT collectors and developers who use the MoonPay API to enable direct fiat-to-crypto purchases within their apps and marketplaces.
Overall, MoonPay caters to users who prioritize speed and convenience over low fees. It isn’t designed for frequent traders or anyone looking for advanced trading tools.
MoonPay – Pros and Cons
Before deciding to use the platform, many users ask the same question: is MoonPay worth it? The answer depends on what you’re looking for. MoonPay offers a simple, regulated gateway into crypto – but it’s not a full exchange, so you won’t find trading depth or advanced tools. Here’s how its strengths and weaknesses stack up.
Strengths:
- Fast onboarding and verification
- Wide range of supported payment methods
- Global availability across 160+ countries
- Partnerships with regulated providers
- Strong security certifications (PCI DSS, ISO 27001)
Weaknesses:
- Higher service fees than exchanges
- No trading interface or advanced tools
- Limited customer support response
- Regional restrictions in certain markets
Key Features of MoonPay
MoonPay is built for quick, uncomplicated access to crypto rather than active trading. The platform supports more than 80 digital assets, including Bitcoin, Ethereum, and stablecoins like USDC. It operates in over 160 countries and accepts multiple payment methods – credit and debit cards, bank transfers, Apple Pay, Google Pay, and PayPal.
All transactions are non-custodial, meaning MoonPay never holds user funds or private keys. Its checkout widget integrates directly into wallets, NFT platforms, and exchanges, making fiat-to-crypto purchases a one-step process.
In essence, MoonPay serves as the underlying infrastructure for many crypto applications-a bridge that links traditional payments with digital assets.
How to Use MoonPay: Step-by-Step Guide
Buying crypto with MoonPay takes just a few minutes and doesn’t require any technical know-how. Here’s how it works:
- Create an account and verify your ID. Complete a quick registration and pass identity verification to meet KYC requirements.
- Choose a cryptocurrency and enter your wallet address. MoonPay sends crypto directly to your personal wallet instead of storing it on the platform.
- Select a payment method. Pay with a credit or debit card, bank transfer, or mobile options like Apple Pay, Google Pay, or PayPal.
- Confirm the purchase. Once the payment is approved, your crypto is delivered to your wallet within minutes.
As a non-custodial service, MoonPay never holds user funds or private keys. The process is straightforward and secure – perfectly illustrating how does MoonPay work for everyday users.
Trustworthiness Check
In June 2025, MoonPay received approval for a BitLicense and Money Transmitter License from the New York State Department of Financial Services (NYDFS), allowing it to expand operations across all 50 U.S. states.
MoonPay has obtained money transmitter licenses in dozens of U.S. states, including Wisconsin, and continues to add new jurisdictions to its regulatory coverage.
According to the company’s official compliance disclosures, MoonPay now operates in 180+ regions and holds licenses or registrations in more than 40 U.S. states.
GNcrypto’s Overall MoonPay Rating
| Criteria | Rating (out of 5) |
|---|---|
| Fees & Cost to Use | 3 |
| Ease of Use | 5 |
| Security & Compliance | 4.5 |
| Supported Assets | 4 |
| Reliability & Transparency | 4 |
| Customer Support | 3.5 |
Methodology – Why You Should Trust Us
Our editorial team opened a MoonPay account, completed KYC verification, and made test purchases to evaluate the platform’s real-world performance. We measured transaction speed, fee transparency, and overall user experience.
Categories & Weights
– Fees & Total Cost to use – 25%
– Ease of use – 25%
– Security & compliance – 20%
– Supported assets – 10%
– Reliability & transparency – 10%
– Customer support– 10%
All information in this review is based on firsthand testing and public regulatory records. GNcrypto operates independently and does not accept payments or partnerships from the platforms it reviews. This article is intended for informational purposes only.
Latest News
Recommended Articles/Reviews
The material on GNcrypto is intended solely for informational use and must not be regarded as financial advice. We make every effort to keep the content accurate and current, but we cannot warrant its precision, completeness, or reliability. GNcrypto does not take responsibility for any mistakes, omissions, or financial losses resulting from reliance on this information. Any actions you take based on this content are done at your own risk. Always conduct independent research and seek guidance from a qualified specialist. For further details, please review our Terms, Privacy Policy and Disclaimers.