Is Moonshot app legit?
Moonshot is a real, operating launchpad live since 2024-06. It is embedded-wallet, KYC: onramp-only, and is backed by Jupiter (majority stake). We found no reported hacks or fund losses in our sources. Legit is not the same as low-risk: the coins traded on it can still go to zero.
Checked 2026-10-16 · 13 sourcesThe checklist
| Check | Finding |
|---|---|
| Operating status | live |
| Custody | embedded-wallet |
| Identity check (KYC) | onramp-only |
| Known backers | 1 on record |
| Reported incidents | none found |
| Published fees | yes |
| US availability | partial |
Custody: who holds your money
Self-custodial wallet app; users can export their secret phrase under Settings > Export keys. Cointelegraph reports the wallet is powered by Turnkey. Deposits and withdrawals are handled by partners such as Coinbase, MoonPay, Robinhood and Revolut.
Who backs Moonshot
- Jupiter (majority stake) (2025-01) source
Incidents
No reported hacks, exploits or frozen withdrawals in the sources we checked.
Real downsides
- Trades of $2-$100 cost 2.5% per side with about a $0.99 minimum, so small round trips cost 5% or more.
- Leverage and tokenized stocks are unavailable to US, Canadian and UK persons.
- Leverage of up to 250x can liquidate positions on small price moves.
- Terms of Use describe the services as "for entertainment purposes only".
Can you use it where you live?
| Region | Status |
|---|---|
| United States | Partly available |
| United Kingdom | Partly available |
| European Union | Unverified |
Operated by Buy Moonshots, Inc. (Miami, FL). Leverage trading and tokenized equities (xStocks) are not available to US, Canadian or UK persons; spot memecoin trading is not restricted by name for those countries. (source)
We report what the venue's own terms say. Don't use a VPN to get around restrictions; venues can freeze accounts that do.
How to use Moonshot without getting scammed
- Only open moonshot.com — fake lookalike sites and "support" DMs are the most common way people lose funds on any trading venue.
- Never share a seed phrase or private key. No real support agent will ask for one.
- A referral code only changes your fee and who gets a share of it. It never needs your keys.
- Treat every new memecoin as able to go to zero. A legit venue does not make the coins on it safe.
Comparing options? See the full Moonshot sheet or pump.fun, Bags, Four.meme.
FAQ
Is Moonshot legit?
Moonshot is a mobile memecoin and tokenized-stock app run by Buy Moonshots, Inc. of Miami, launched in July 2024. Jupiter announced a majority stake in January 2025. Moonshot describes itself as a self-custodial wallet routing swaps through Jupiter, with regulated partners handling deposits. Memecoins and leverage carry high risk of loss.
What are Moonshot's fees?
Moonshot charges 2.5% on trades of $2-$100 with about a $0.99 minimum, and 1% on trades of $100 or more. A separate crypto fee covers network and routing costs. MoonPay charges deposit and withdrawal fees that vary by payment method.
Who owns Moonshot?
The app is operated by Buy Moonshots, Inc. in Miami, Florida, per its Terms of Use. Jupiter founder Meow announced on 2025-01-25 that Jupiter acquired a majority stake; terms were not disclosed.
Can I use Moonshot in the US or UK?
Moonshot is operated by a US company. Its leverage and tokenized-equities agreements exclude US, Canadian and UK persons, so those features are unavailable there.
Does Moonshot hold my funds?
No, per its FAQ. Moonshot calls itself a self-custodial wallet app and lets you export your secret phrase. Partners such as Coinbase, MoonPay, Robinhood and Revolut custody funds during deposits and withdrawals.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Moonshot homepage — checked 2026-10-16
- Moonshot Support: Fees — checked 2026-10-16
- Moonshot Support: Creator fees — checked 2026-10-16
- Moonshot Support: Refer friends — checked 2026-10-16
- Moonshot Support: DEXs — checked 2026-10-16
- Moonshot Support: Leverage — checked 2026-10-16
- Moonshot Support: Tokenized equities — checked 2026-10-16
- Moonshot Support: FAQs — checked 2026-10-16
- Moonshot Terms of Use (effective 2026-10-16) — checked 2026-10-16
- Moonshot Leverage Trading Agreement — checked 2026-10-16
- Moonshot Referral Bonus Program Terms (last updated 2025-03-27) — checked 2026-10-16
- Solana DEX Jupiter acquires majority stake in Moonshot (Cointelegraph, 2025-01-25) — checked 2026-10-16
- Memecoins flood Dexscreener's Moonshot (The Block, 2024-06-25) — checked 2026-10-16