Is MoonPay Safe And Legit?

Is MoonPay Safe and Legit? A Complete Answer

Cryptocurrencies are all the rage right now, and for a good reason! They offer an exciting new way to transact and store value. 

But with so many crypto exchanges and services out there, it can be hard to know which ones are safe and legit. 

In this post, you’ll look closely at MoonPay and its safety and legitimacy. 

You’ll also see some of the pros and cons and alternatives. 

So if you’re curious about MoonPay but aren’t sure if it’s right for you, keep reading!

First, let’s answer the question: is MoonPay safe and legit?

The short answer is: yes, MoonPay is safe and legit, but you need to keep a few things in mind. That said, MoonPay is backed by some big names in the crypto space. 

The long answer.

What is MoonPay?

MoonPay offers convenient payment methods for buying cryptocurrencies and NFTs. They process cards, mobile wallets, and bank transfers.

It was founded in 2018 by Victor Faramond and Ivan-Soto Wright, launched in 2019, and gained traction.

It supports over 50 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), EOS, Tron (TRX), and more. 

MoonPay uses encryption and advanced risk management techniques to prevent unauthorized access to customers’ data and credit cards.

How MoonPay Works

MoonPay is like any other card processing company but tailored to cryptocurrency.

Quite simply, you register with MoonPay and add your payment credentials.

Several exchanges integrate with MoonPay, but you can still purchase directly from their website.

It’s a simple 4-way process:

  • Enter the amount in BTC or fiat currency that you wish to purchase
  • Enter your BTC wallet address
  • Verify your email and basic information
  • You’re now ready to buy Bitcoin with a credit card or your preferred payment method!

MoonPay doesn’t store your card details on its server, which is excellent for security and privacy.

Features of MoonPay

Some of the features of MoonPay include:

  • Instantaneous Transactions: Payments are processed in real-time, so you don’t have to wait long for your funds to be deposited into your account.
  • High Fees: Moonpay charges a transaction fee of 4.5% for card payments and 1% for bank transfers.
  • A Variety of Payment Options: Customers can buy or sell Bitcoin, Ethereum, Litecoin, and other popular cryptocurrencies.

Multiple Currencies: MoonPay supports payments in over 200 currencies so you can transact from anywhere in the world.

Is MoonPay Safe?

Yes. MoonPay is a safe payment processor.

It is licensed and regulated by the UK’s Financial Conduct Authority (FCA). It complies with the Payment Card Industry Data Security Standard (PCI DSS).

In addition, MoonPay has several safety features in place to protect your data:

  • AES-257 block-level encryption, which ensures that your data is transmitted securely
  • fraud prevention measures such as geolocation tracking 
  • 3D secure authentication.

It’s an excellent solution to start trading cryptocurrencies without dealing with complex technology or complicated rules.

Is MoonPay Legit?

Yes, MoonPay is a legitimate company. With over 43,000 positive reviews on Trustpilot and 10+ million users, yes, it is.

Also, it has good customer support, something you seldom find in this industry.

This platform is available in over 150 countries and is widely accepted except in cryptocurrency-banned areas.

Is MoonPay a Scam?

No, MoonPay, It’s not! The main goal is to make businesses accept and process payments fast.

For approximately four years, MoonPay has never recorded any fraud case.

Pros and Cons of MoonPay

Now that you have a general understanding of MoonPay, it’s time to weigh the pros and cons.


  • User-friendly interface 
  • Fast and easy to use 
  • Good customer support 
  • A wide variety of payment options 
  • Supports multiple currencies 
  • Safe and secure platform 
  • Legitimate company with a good reputation


  • High fees (4.5% for card payments and 1% for bank transfers)
  • Not available in all countries
  • Not tailored for NFTs

MoonPay vs shares several similarities with MoonPay, but some key differences exist.

First is the use case. is designed for the sole purpose of processing NFT payments; you don’t need crypto know-how, wallet, or any of that.

Just connect your NFT marketplace account, and you’re good to go.

Second, we don’t charge transaction fees; it’s 0% for all payments processed through Only the buyer pays the gas fee.

Lastly, is available in all countries, anywhere international cards are processable. is the better solution if you’re looking to process NFT payments. Try it out today!

But if you’re buying crypto with fiat, MoonPay is a good option.


MoonPay is a payment processor that is safe, legit, and easy to use. It’s an excellent solution for buying crypto with fiat without dealing with cryptocurrency’s complexities. However, it does have high fees of 4.5% for card payments and isn’t tailored for NFT projects. doesn’t have transaction fees, making it the better solution for processing NFT payments. Try today!

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