A new partnership between MoonPay and Moonshot is poised to revolutionize the way users deposit cryptocurrency across a range of blockchain networks. MoonPay, known as a leading global crypto payments network, has integrated its MoonPay Deposits feature into the Moonshot platform, a popular on-chain trading mobile app based on the Solana blockchain.
This collaboration aims to simplify the funding process for millions of Moonshot users. With the integration, individuals can deposit cryptocurrencies directly from their external wallets, sidestepping the often complex cross-chain challenges. The Moonshot app has gained traction as one of the fastest-growing applications in the crypto space, allowing users to effortlessly discover, buy, and sell digital assets through their mobile devices.
The added functionality of MoonPay Deposits means that users can select their desired asset for deposit, allowing MoonPay’s advanced infrastructure to handle all necessary operations, including any required swapping, bridging, or routing of assets. This innovation significantly lowers the risk of failed transactions and lost funds—issues that can arise when users attempt to manually navigate between various networks and asset types.
Ivan Soto-Wright, co-founder and CEO of MoonPay, expressed enthusiasm for the partnership, stating, “MoonPay is focused on making it easier for people to move value across the crypto ecosystem, regardless of where their assets sit. Moonshot has built one of the most accessible trading experiences in crypto, and we’re excited to add another layer of flexibility for their users.”
The integration supports a wide array of popular blockchains including Arbitrum, Base, Bitcoin, Binance Smart Chain (BSC), Ethereum, Hyperliquid, Plasma, Polygon, and Solana. This extensive support provides Moonshot users with enhanced options and flexibility in funding their trading activities.
A representative from Moonshot noted that the partnership aligns seamlessly with their mission to make on-chain trading simple and accessible. “By simplifying deposits, we’re saving users time and effort so they can focus on what they do best: discovering the next great token,” they remarked.
Developed entirely on MoonPay’s infrastructure, the MoonPay Deposits feature streamlines the user experience from deposit detection to final asset delivery, integrating natively within partner environments. However, it is important to note that communications regarding MoonPay Deposits are not intended for users based in New York, the UK, or the European Economic Area (EEA).
