Moonpay Review

Moonpay review is a popular cryptocurrency on-ramp that simplifies crypto purchases for beginners. It offers a user-friendly interface and a variety of payment options, including credit/debit cards, Apple Pay, Google Pay, SEPA for European transactions, and UK Faster Payments for UK users. Additionally, MoonPay provides a non-custodial wallet option to safeguard user privacy and mitigate security threats.

To buy crypto with MoonPay, simply select the coin you want to purchase and provide your payment details. The platform then transfers the crypto to your selected wallet. You can also use MoonPay to sell crypto for fiat currency. For a bank transfer in the EU, UK, or US, the fee is just 1.5%. However, when you sell directly to a card, the fees jump to 4.5%.

Other Features of Moonpay

MoonPay is a great on-ramp for beginners who find traditional exchanges too complicated and intimidating. Its simple interface makes it easy to buy and sell cryptocurrencies, and its support team is helpful. Plus, it’s regulated by the FCA and uses 256-bit SSL encryption for added security.

That said, there are some areas where Moonpay could improve. For example, its fees are higher than some competitors. Also, some users have reported long verification delays when they are flagged for fraud checks.