Moonshot App review

Moonshot is a phone app for iOS and Android that lets you buy and sell memecoins on Solana. Its help center calls it a self-custodial wallet app, not an exchange. When you trade, the app sends your swap through the Jupiter aggregator to Solana DEXs. Moonshot does not hold your funds and is not the other side of your trade.

The app also has Moonshot Create, a tool to launch your own coin, which went live in June 2025. Outside the US, the UK and Canada, the app also offers tokenized stocks (xStocks by Backed) and leverage of up to 250x on SOL, ETH and BTC.

Moonshot is a different product from the old DEX Screener launchpad with the same name. Moonit's docs say that its classic curve is the same curve that "Moonshot (by DEX Screener)" used. The Moonshot app at moonshot.com comes from Buy Moonshots, Inc. and is a separate product.

Yes, Moonshot is a real app from a named company. The terms of use name Buy Moonshots, Inc., with an address in Miami, Florida. Buy Moonshots, Inc. is also the seller on the Apple App Store, where the app first appeared in July 2024, and the developer on Google Play. On 25 January 2025, Jupiter's founder posted on X that Jupiter had acquired a majority stake in Moonshot.

On 18 January 2025, Moonshot posted on X that the TRUMP memecoin website named Moonshot as the way to buy. In the same post, Moonshot said that it had an extremely high load and was working through its support tickets. We found no report of a hack of Moonshot or of lost user funds from a Moonshot fault, and no enforcement action against Buy Moonshots, Inc.

Moonshot's docs do not say that Moonshot holds a license of its own. The card and bank payments go through partners such as MoonPay, Coinbase and Robinhood, and the docs say these regulated partners hold your funds during a deposit or withdrawal. We did not place test trades, and we could not check how fast support answers today.

Moonshot gives each account an embedded wallet that uses Turnkey's multi-party computation (MPC) system. In MPC, the key is split, so no single party holds all of it. You approve each transaction with a passkey, such as Face ID or Touch ID. Moonshot's docs say that the company cannot see your keys and cannot freeze, move or recover your funds.

Self-custody has a cost. If you lose access and do not have your recovery phrase, Moonshot cannot help you. Export the secret phrase in Settings > Export keys and keep it offline. Moonshot says that its support team never asks for your login code or your secret phrase, and that a blue "Official" check shows a link to a known person or brand, not an endorsement.

The coins are the larger risk. Anyone can create a coin, and unknown airdrops can be scams. A bonding curve sets the early price of a coin, but it does not create future demand.

Moonshot charges by trade size. A trade from $2 to $100 pays 2.5%, with a minimum of about $0.99. A trade above $100 pays 1%. The docs split the fee into a Moonshot fee and a crypto fee for network and routing costs, and the app shows the breakdown before you confirm. Price impact and slippage are separate, and the default slippage tolerance is up to 5%.

The minimum fee makes small trades expensive. A $20 buy pays about $0.99, which is about 5% of the trade, before the deposit fee. MoonPay charges its own fee on each card or bank deposit and withdrawal, and the amount depends on the payment method. A crypto deposit that is already on Solana costs about 0.1% to swap, and a deposit from another chain costs about 0.25% to bridge and swap.

Sends between wallets carry no Moonshot fee, but the network fee still applies. Leverage trades have their own schedule: 0.20% with a $0.25 minimum on trades from $5 to $100, 0.10% above $100, and a borrowing fee that grows every hour while the position is open.

To fund the wallet, open Holdings and tap Deposit. Moonshot lists five payment partners: MoonPay, Coinbase, Robinhood, Binance and Revolut. Between them, they accept debit and credit cards, bank transfers, PayPal, Venmo and Apple Pay. The methods you see depend on your region, and your deposit arrives as USDC or SOL.

Withdrawals to a card or bank go through MoonPay, Coinbase or Robinhood. You can also send crypto to any Solana address. Blockchain transfers cannot be reversed, so send a small test amount first.

To launch a coin, you give a ticker, name, image and description, then pick an optional first buy and your creator fee share. The Create guide lists no creation fee. Buyers trade on a bonding curve until the coin reaches a market cap of one million dollars. The coin then bonds, which means its liquidity moves to a full pool through the Meteora DBC program, and it gets a purple "Created on Moonshot" badge.

Create coins carry a dynamic fee of 0.5% per trade before bonding and 0.3% after bonding. The creator earns 0.25% of each trade before bonding and up to 0.15% after, at the share set in the create form. Moonshot pays creators every hour once the unpaid balance is above $1.

The Moonshot referral link on this page uses the code AIFvZS on moonshot.com. Moonshot runs a limited iOS bonus for US and Singapore card or bank depositors, while supplies last. To qualify, you install the app on iOS, sign up through a referral link, use a real email address and make a deposit with Apple Pay, a debit card, a bank transfer, Venmo or PayPal.

The bonus terms say that the reward is memecoins from a pool funded by third-party sponsors, and that both users must pass identity checks before they get them. The terms list the odds: most rewards are memecoins worth about $3 at the time of the claim. If you do not see a "Referral bonus" banner on the home screen, your account is not eligible or the supply has run out. Separately, the person who invites you earns a share of your trading fees, paid in USDC.

pump.fun is a launchpad for traders who already hold SOL in a wallet, and its 1.25% curve fee is lower than Moonshot's 2.5% on small trades. FOMO is another trading app, with a public trade feed, a leaderboard and trading on more chains than Solana. Moonshot fits best when you want to pay with Apple Pay or a card and keep your own keys. See pump.fun vs Moonshot and FOMO vs Moonshot for the fee terms side by side.