MoonPay Fees

MoonPay Fees

MoonPay is a cryptocurrency buying/selling platform that allows you to buy crypto coins and tokens, using fiat currency. The website is highly intuitive and minimalistic, therefore is a great fit for amateurs in the cryptocurrency space.

Think of MoonPay as the ‘Paypal’ for cryptocurrency because it is that simple to buy and sell cryptocurrency just like how you would shop on an online e-commerce store. 

MoonPay Fees

For every transaction done through MoonPay, the platform charges a fee depending on the type of cryptocurrency and the payment method chosen. The fee amounts also vary with the region the user purchases from. Here are the following fees associated with transactions on MoonPay. 

MoonPay Credit Card Fees 

Through the platform, the user can use the credit card only for buying cryptocurrency. The typical credit card fee is 4.5% of the total value of the transaction. But there is a minimum fee of $3.99 or currency equivalent. This minimum fee will be charged no matter the value of the transaction. 

On the other hand, there will also be a network fee charged depending on the cryptocurrency you are buying or selling. This fee depends on the network and is dynamic. In the case of Ethereum, the network fee may touch more than $10 in peak times. 

MoonPay Bank Transfer Fees 

In MoonPay, you can use bank transfers for both buying and selling cryptocurrency. The processing fee for bank transfer is 1% of the total value of the transaction. There is a minimum fee of $3.99 or currency equivalent for every transaction regardless of how small it is. Apart from this, there will also be a network fee charged and this varies depending on the cryptocurrency used. 

If you are selling cryptocurrency, the processing fee for bank transfer is also 1% and it carries a minimum fee of $3.99 or currency equivalent. 

The network fees in all cases will be displayed on the payment widget at the time of check-out. 

MoonPay Trust Wallet Fees 

Trust wallet does not charge any fee from their end, however, when you buy from Trust Wallet, the transaction happens via MoonPay (this acts as the cryptocurrency provider). MoonPay charges the same minimum transaction fee of $3.99 (or equivalent in the currency transacted) + the network fees will apply.

Does MoonPay Have High Fees?

As per user reviews and customer experiences, MoonPay does have high transaction fees. It is extremely high and impactful if the transactions are small. Other similar solutions and cryptocurrency exchanges are cheaper to purchase and sell cryptocurrency. 


Although MoonPay is a great platform to buy and sell cryptocurrency, be mindful of the fees it carries. If you can choose other platforms that you can understand and have lesser fees, it is recommended to choose that.

But the advantage of MoonPay is that it is easy and less overwhelming for new cryptocurrency market entrants.