New ways to fund your MoonPay Balance

To our UK and EU users: we’re pleased to announce two new, trusted payment methods to fund your MoonPay account with a fiat balance!

You can now instantly top up your MoonPay Balance using PayPal and easy bank transfer via Tink, offering increased choice and faster, more familiar ways to add funds.

MoonPay Balance, first unveiled in November, lets you deposit funds into your account for zero-fee purchases.*

Here’s how it works: 

1. Top up: Fund your balance with your preferred payment method 
2. Buy crypto: Once cleared, use your balance to instantly purchase from 140+ cryptocurrencies (pending jurisdiction)  
3. Withdraw funds: Withdraw to your bank account or supported payment method at any time

You can also sell crypto back into your MoonPay Balance, making it easy to use for future purchases or withdraw whenever it suits you.

Fiat balances have traditionally been limited to centralized exchanges and traditional fintech platforms. MoonPay is bringing this feature to the decentralized ecosystem, offering a seamless way to transact. 

It’s a best-of-both-worlds solution.

Features and benefits

• Zero fees: Zero MoonPay fees on all buy and sell crypto transactions made with MoonPay Balance.*
• Instant payments: Lightning-fast transaction speeds with minimal wait times.
• High approval rates: No more failed transactions or delays. Buying and selling crypto with your balance has a near-perfect success rate. 
• Access to Recurring Buys: Allowing you to “set and forget” repeat crypto purchases made with your MoonPay Balance.
• Rewards: Through the entire month of May, US and EU users will earn $2.50 for every $100+ transaction made with their MoonPay Balance via the MoonPay app.

MoonPay Balance is currently available for customers in the US, UK and EU (excluding Germany), and will soon be rolled out to other jurisdictions. 

* Zero MoonPay fees on buy and sell crypto transactions, but certain payment methods may incur MoonPay fees. Ecosystem and network fees still apply.