­Moonshot 17+

My name is AZ, here’s my thoughts

The app is cool, you can use Apple Pay to by cryptos. The meme coins are a little unstable and you can lose your money if you’re not careful. You can use Tradingview to find most of the coins and do your own TA. I want them to add limit orders, trailing stop losses, and stop losses in general. I’ve made $700 flipped it to 1k, and went to bed to wake up with $400. You can only buy and sell if you’re there on watching it. Which is annoying. I’d probably put more money. I started with $200. So I’m not going to trade on this platform until they make some updates. Kinda of ridiculous, those functions are crucial. Yet Apple Pay is on there. I’d rather deposit BTC to my account, and have stop losses and order limits. Then have Apple Pay with way stops or limit orders, just market orders.

When things go bad, they get worse

I downloaded this app when the $Trump coin came out, I didn’t put a lot of money at first because I was hesitant. The coin quickly rose to $45, then $50, then $65. I added about $1k when the coin hit $65 and then the coin hit $75 which was amazing. Now here’s when It gets bad, when prices start to drop it’s almost impossible to pull your money out because their app gets “congested”. $Trump coin went from $75 to $40 within seconds and people could not sell their shares to save their money, I was one of those people who unfortunately lost a majority of their profits do to their poor servers. Getting involved in crypto is a very very high risk thing to get involved with and most people understand that. However when something like this happens, it’s out of your control. Moonshot just made thousands of people lose a lot of money because they’re not prepared for this time of business. I smell a bunch of lawsuits coming their way. If you see this review please take the time to fully do research on crypto before you decide to join it. Stay safe and play your cards right y’all.

Honest review.

The app runs silky smooth with a very nice UI. HOWEVER, their fees are flat out ridiculous. Anyone who trades solana meme coins knows that transaction fees normally run within the $0.01-$0.05 range. They have it above $0.30 and on top of that they have their own fee. I tested it 3 times. The first was $1 but which got hit with $0.50 in total fees. So half my buy gone. Same with $2 buy. Half gone. I tried $5 and it ended up being $1 so that may be their cap. But that’s only for the buys! The sells have ridiculous fees as well! It needs to generate revenue which I understand. But perhaps doubling the normal fees ppl can get using a phantom wallet on Jupiter would be reasonable rather than 50X the amount. It makes no sense as a business model for long term sustainability. Why would anyone continue using it when they can pay a fraction of the cost with phantom and Jupiter? Being crypto people you’d think the devs would know not to sacrifice short term greed for long term wealth but apparently not. Truly ashame because otherwise it has the potential to be the number one meme trading app. Wise up devs!

Developer Response ,

Hi there—thanks for your feedback! When you create a swap, you’ll see the fees estimated at the bottom of the screen. Our full fee structure is published in an article located on our Support Center. We’re actively exploring ways to lower fees and appreciate your patience—feel free to reach out at support@moonshot.money with any questions.