With more than 500 partnerships, Moonpay won in a few years as a major player in On-Ramp and Off-Ramp services. Present throughout the ecosystem, the platform is distinguished by its simplicity, speed and competitive costs, facilitating conversions between traditional currencies and cryptocurrencies. Whether you manage your assets from a wallet hardware, a browser extension, a CEX or a DAPP, Moonpay is there to serve you. Let's discover together how to use it in each situation. Estimated reading time: 10 minutes
Why use Moonpay?
The reasons to choose MoonPay Rather than another platform can be multiple. Here are several major reasons that make us think that it is a good choice:
Reinforced regulatory compliance and security: Founded in 2019, Moonpay has proven itself as a reliable solution for exchanges between fiduciary and cryptocurrency currencies. Approved in the United States and rigorously regulated in the United Kingdom, the European Union, Canada and Australia, the platform responds to the strictest security standards thanks to various certifications;
Simplicity of use: As you will see in the rest of this article, the platform is very intuitive and requires very little effort to be used;
Large selection of digital assets and currencies: Moonpay allows instant Fiat-Crypto conversions via bank cards (Visa /Mastercard /Maestro), Apple Pay, Google Pay, Revolt Pay, Paypal or transfers. Supporting 34 currencies and 100+ cryptos, the platform also offers the direct purchase of NFT in Fiat thanks to its partnerships as with Opensea, combining speed, choice and accessibility.
Transparent costs: The costs vary according to the payment method, but are still clearly displayed before validation. No hidden costs: a summary systematically details the amount spent and received.
A simple intermediary, not a custom: Unlike platforms that keep your cryptos, Moonpay gives you total control thanks to its non-custodial approach. By acting as a simple bridge, the solution preserves your financial sovereignty while facilitating conversions between Fiat and Crypto. You are free to send your tokens to an address of which you have private keys or on a centralized platform. You can also use the Wallet available on the mobile application.
Integration extended in the crypto ecosystem: With more than 500 partnerships, Moonpay is accessible via all types of ecosystem players, from CEX to DEX via Cold and Hot Wallets.
Use Moonpay via its website or mobile application
Now let's get to the heart of the matter: How to use MoonPay ? If you already have an address to review your tokens (ideally a wallet non custodial) You can directly follow this link. You can also install the mobile application (the process is identical and you will have different addresses of which you will have control). Start by choosing the token that interests you and enter the desired amount (the minimum amount changes from time to time, but is generally around 20 euros).
Purchase of bitcoin via moonpay you will then have to Save you on the platform via an email address. After accepting the conditions of use, you will receive an audit code at the address provided to ensure that you have access to it.
Email verification during the Moonpay login if this is the first time you use MoonPayyou will have to pass a quick KYC. The company keeps your information and the process is only carried out once. Start by indicating your name, first name and date of birth as well as your address.
You must provide your personal info and your address to Moonpay Moonpay will then check your identity in partnership with Sumsub. You will have to photograph (or upload) an identity document (CIN, passport, driving license) of your choice, then scan your face.
KYC on Moonpay once the verification is completed, Enter the address you want to receive your tokens (Make sure you use a compatible address). If you use the mobile application, you can choose to use the address provided.
Selection of the reception address on Moonpay you can then purchase. Select the payment method you want to use and then validate. Please note, the costs applied are not the same depending on the means chosen. The most economical, but also the longest, is to supply your Moonpay account by transfer, then pay with your balance. The other means offered are often faster but more expensive.
Choice of the payment method The turn is played! You will receive a confirmation par emailcontaining a link allowing you to follow the progress of your order live. In general, the reception time corresponds to the block time, a few minutes at most. The opposite approach (selling crypto against euros) is just as intuitive. Deadlines to receive money on your bank account generally oscillate between 1 and 3 working days.
Use Moonpay via wallet hardware
MoonPay is integrated into applications intended to manage The main wallet hardware of the market that are Ledger and Trezor. Here is the approach to follow to use it with Ledger Live. It is almost identical with Trezor Suite. After launching the application, go to the «Buy / Sell» tab (1). Choose your payment method (2) then select Moonpay from the proposed partners (3).
Use of Moonpay via Ledger Live The process is then identical to that which we have described in the previous paragraph. If you've already created an account at Moonpay via the application, the website or any partner, you can use the same identifiers. You will receive your tokens on the address of your Wallet hardware.
Use Moonpay via a browser extension
If you use a browser as Metamaskou phantom (And many others), you can buy your cryptos directly from their menus. Once again, nothing too complicated. Just click on «Buy» or «Buy with liquid money» then select MoonPay.
Use of Moonpay via Phantom you just have to follow the steps described in the paragraph «Use Moonpay via its website or mobile application».
Use Moonpay via a centralized exchange platform
The advantage of using MoonPay with a centralized exchange platform is that your personal information (KYC) can be transmitted automatically from the CEX. You will not have to pass the verification twice. The list of platforms that offers Moonpay evolves over time. Here we give you an example with Bybit, but you can check if your favorite Exchange also offers this option. After connecting to your account, go to «Buy Crypto» (1) then on «One Click Buy» (2). Then select the amount of your purchase and the desired crypto. Please note: all the cryptos offered by Moonpay are not necessarily accessible via the CEX.
Using Moonpay via Bybit once you have made, choose Moonpay and follow the usual approach.
Selection de Moon Pay survey
Use Moonpay via a decentralized application
You can also use Moonpay via decentralized applications such as UniSwap or Polymarket. To do this, start by connecting your wallet to the DAPPS. The approach to follow is then specific to each DAPPS but is often very simple. For Uniswap for example, go on «negotiate» (1) then on «Buy» (2).
Use of Moonpay via Uniswap After selecting the desired crypto and the amount to spend, choose Moonpay and follow the approach described in the «Use Moonpay by its website or mobile application» paragraph.
Selection of Moonpay on Uniswap
To finish
MoonPay is one of the most simple To convert Fiat cryptos and coins, and vice versa. His grip intuitive and its identity verification (KYC) fast allow you to carry out your operations in just a few minutes. Integrated into more than 500 partners (Wallets, Exchanges and Dapps), the service is omnipresent in the crypto ecosystem. Whether you use a bank card, Apple Pay, Google Pay or a transfer, Moonpay combines speed, wide choice of cryptocurrencies and transparent costs. Its regulatory compliance and his Non-custodial approaches make it an option secure For beginners as for experts. To buy, sell or even acquire NFT in Fiat, Moonpay is a reliable and unavoidable intermediary.