Buys and Sells
Moonshot takes a fee on each trade on our platform to cover administrative costs and provide a smooth experience. The fee can be broken down into the following parts:
Network fees: We pay dynamic gas and priority fees on your behalf to ensure that the network prioritizes your order and fills it within a few seconds. Buying a token for the first time via blockchains with "rent" like Solana will incur an additional one time network fee.
Administrative fees: We charge a fee based on the size of your trade to cover the platform's infrastructure and growth costs.
Tiers
Fees are tiered based on the size of your trades with certain minimums.
Trade size | Fee |
$1-$250 | 2.5% with a ~$0.40 minimum |
$250+ | 1% |
Please note: by default, trades have a dynamic slippage tolerance of up to 5% to account for price volatility. This means that when placing a trade to buy $100 of a coin, you may receive $95-$105. You can manually change your slippage tolerance by clicking the filter button at the top left of the buy/sell modal.
Deposits and Withdrawals
Our partner, MoonPay, Inc., charges a fee on each deposit and withdrawal, which varies depending on your payment method. For a complete breakdown, please see their Fee Documentation.
Sends
Moonshot does not take an administrative fee for sends. Send fee can be broken down into the following parts:
Network fees: We pay dynamic gas and priority fees on your behalf to ensure that the network prioritizes your transaction and confirms it within a few seconds. Sending tokens to new users via blockchains with "rent" like Solana will incur an additional one time network fee.