the venue on the other end of the links

Moon sells a bet on direction with a multiplier on it. The interesting part is not the 1000×. It is where the fee lands.

Reviewed by Devendra Damani. Figures rebuilt 2026-08-26. Cost model sourced from Moon's own documentation, linked inline.

Two astronauts on a lunar surface watching a violet price line rise along the horizon and break sharply downward in red.

Moon is a leveraged up-down betting venue from Easygo, the company behind Stake.com, and it is in open beta. You pick a market, pick a direction, pick a multiplier between 1× and 1000×, and commit a wager. Moon lists cryptocurrency, equities, forex, commodities and futures, priced around the clock including weekends.

It names asset classes and not tickers, which is why no page on this site tells you a specific instrument is available there until a person has opened Moon and checked.

Asset classes and the 1000× maximum: placing your first bet. Easygo and the beta: trade press coverage.

the fee is charged on the wager, and that is the whole story

Moon's glossary is unusually direct about this. The opening fee is 1% and it is "calculated solely on your wager amount", explicitly "not calculated on your total leveraged exposure". Moon's own worked example: a $1,000 wager at 10× is $10,000 of exposure and a $10 fee.

So the fee does not scale with the multiplier. A $100 wager costs $1 to open at 2× and $1 to open at 1000×. A venue that charges on notional would bill the $100,000, not the $100. That is a structural difference and it does not require anyone else's fee schedule to see.

Moon betting glossary, opening fee.

what the multiplier costs instead

Room. Moon closes a position once it has lost the wager, so the max loss price sits one part in the leverage away: 1.000% at 100×, 0.100% at 1000×. The fee column below is flat and the last column collapses. That is the trade.

LeverageExposure on $100Costs to open Breakeven moveMax loss move
$200$1.000.5000%50.000%
$500$1.000.2000%20.000%
10×$1,000$1.000.1000%10.000%
20×$2,000$1.000.0500%5.000%
50×$5,000$1.000.0200%2.000%
100×$10,000$1.000.0100%1.000%
200×$20,000$1.000.0050%0.500%
500×$50,000$1.000.0020%0.200%
1000×$100,000$1.000.0010%0.100%

Exposure is stake multiplied by leverage. The opening fee is 1% of the $100 stake at every rung, which is why the third column does not move. Breakeven is the move that covers that fee. Max loss move is the adverse move that costs the whole stake, which Moon puts at one part in the leverage with no maintenance buffer ahead of it. A rolling fee applies every 8 hours at a rate Moon does not publish and is not included in any column.

the ratio nobody advertises

Both the fee and the max loss distance scale with the wager, so dividing one by the other cancels the leverage entirely. The opening fee always costs 1% of the distance between entry and the max loss price. At 2×. At 1000×. Every rung.

Which means cost is not the argument against a high multiplier and never was. 1% of your runway is cheap at any rung. The argument is that at 1000× the runway is 0.100%, and most of the markets on this site cover 0.100% several times before lunch.

the fee maths in full

what the downside is capped at

Moon states that a bet cannot take an account below zero, and that a position closes once it has lost an amount equal to the wager. So the wager is the loss. At 1000× that arrives after a 0.100% move, which is not a long wait, but it arrives and then stops.

That is a genuine difference from a margin account, where an adverse gap can leave a balance owing. It is also the reason the multiplier is survivable to write about at all. The risk is not the size of the loss. It is the speed and the certainty of it.

Loss capped at the wager: placing your first bet. Liquidation at one part in the leverage: how leverage works.

Indicative example based on third-party market data. Moon's reference price, spread, fees, settlement and liquidation rules may produce a different result.

three costs that are not in any number on this site

Moon documents a rolling fee charged every 8 hours and describes the rate as dynamic. It publishes no figure for it. Two further costs are reported by third-party testers and appear nowhere in Moon's own documentation: a performance fee taken from realised profit, and a spread inside the settlement price.

Not one of the three is modelled anywhere on this site. Guessing at them would make every table look precise and be wrong, which is the trade this site refuses to make. Treat every cost figure here as a floor. A position held overnight, or closed at a profit, will have paid more than these pages show.

Rolling fee: Moon betting glossary. Performance fee and settlement spread: third-party fee analysis, not corroborated by Moon's own documentation.

what we will not tell you

Whether Moon lists the exact market you want. Moon publishes asset classes and not instrument lists, so across 45 market pages this site shows no Moon link for a named instrument until someone has opened the platform and confirmed it. The gate is visible on every market page. When it says unverified, that is not modesty. Nobody has looked yet.

Also whether Moon is a good idea for you. The tables measure what markets did and which multipliers survived it. They cannot measure your patience.

Moon promo code MAXBONUS

What the code does, what it does not do, and where it is not shown.

read the promo code page

the review

Licence, costs, the beta, and who should stay away from it.

read the Moon review

Moon lists five asset classes at up to 1000×, charges 1% of the wager to open, and caps the loss at the wager.

Open Moon with codeMAXBONUS

MarketMoves earns a commission when a reader opens an account through a link on this page. It costs the reader nothing and does not change the figures shown. That commission does not change what the tables say. The cost model on this page was rebuilt in August 2026 after a review found it overstated Moon's opening fee, and correcting it made Moon look cheaper, not dearer. See the affiliate disclosure and the methodology.