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Changelog – September 2020

In September, we launched our new product offering – MoonPay Sell is now live! We also added new cryptocurrency support and have continued to expand US state coverage, along with updating our fee structure.

1 Sep 2020by Elise Messerli

Changelog – September 2020

In September, we launched our new product offering – MoonPay Sell is now live! We also added new cryptocurrency support and have continued to expand US state coverage, along with updating our fee structure.  

Sell Crypto Now!

We’re excited to announce that our highly anticipated Sell feature is now live! Customers can easily exchange Bitcoin (BTC) or Bitcoin Cash (BCH) for EUR or GBP, with support for additional assets planned in our product roadmap.

Initially, this service is available to customers residing in the EU and the UK. To receive payments, they need either a Euro bank account that can receive SEPA payments, or a UK bank account that can receive GBP payments.

If you’d like to offer this feature to your customers, check out the documentation at https://www.moonpay.io/getting_started/ > Sell Widget. For additional information contact our product lead, Anders.

New Network Fee, Lower Minimum Fee

We’ve made a change to our fees for the purchase of cryptocurrencies. Due to the highly dynamic miner fees associated with certain assets, we now charge an extra network fee when necessary, in order to cover our delivery costs.

To accommodate this increase, we’re lowering our own minimum fee from 4.99 USD/EUR/GBP to 3.99 USD/EUR/GBP. We’ll always display the full fees to the customer before they confirm the transaction. This change will be in effect progressively to all MoonPay accounts later this week.

New cryptocurrencies added

The newest additions to our stable of cryptocurrencies are Mantra DAO (OM), Rio DeFi (RFUEL), Terra KRW (KRT), and Wrapped Bitcoin (WBTC). These can be bought by residents of any of our supported countries except the USA. The complete list of cryptocurrencies we offer is here.

New US State Coverage

We’ve added support for Kansas, Kentucky and New Mexico, meaning we’re now available in 45 out of the 50 states in the US. The complete list of territories we support is here.