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Organisation

MoonPay

4 placements on ChainChoice under MoonPay, each scored against its own category's pool and criteria — none currently #1. The placements are not averaged and not ranked against each other: a #1 exchange and a #6 crypto card are two different products in two different markets.

Onramps
MoonPay
Rank#3 OverallScore70

#1 in this category: Transak

View verdict
Payment Gateways
MoonPay Commerce
Rank#3 OverallScore76

#1 in this category: NOWPayments

View verdict
Crypto Offramps
MoonPay
Rank#6 OverallScore53

#1 in this category: Kraken

View verdict
Crypto Subscriptions
MoonPay Commerce Subscriptions (formerly Helio)
Rank#9 OverallScore52

#1 in this category: Solana Subscriptions Delegation Program

View verdict
Onramps
How you can lose money here, and what the ranking scores
  • Regulatory failure (MoonPay 9/10): no licence where you are, or a forced market exit.
    Scored by Whose money-transmission licence is my money riding — and is that entity my counterparty? · 22%
  • Execution failure (MoonPay 5/10): you get a worse price, later, or nothing.
    Scored by Is the number on the widget the number that settles? · 26%
  • Information failure (MoonPay 5/10): the number is wrong or bought, or your data leaks.
    Scored by How much identity do I surrender before the coins land in my wallet, and how long does that take? · 18%
Not assessed by this ranking: Control failure, Liveness failure, Custody failure, Insolvency failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: What does a €200 purchase actually cost me — by card and by bank, all-in? (34%).
Payment Gateways
How you can lose money here, and what the ranking scores
  • Custody failure: whoever holds the assets loses or withholds them.
    Scored by Operating model · 18%
  • Execution failure: you get a worse price, later, or nothing.
    Scored by Settlement posture · 24%
Not assessed by this ranking: Control failure, Liveness failure, Insolvency failure, Regulatory failure, Exit failure, Information failure. A high place says nothing about these; the Methodology tab says what each means.
Also scored, as cost, quality or a summary of several families: Region fit (22%), Integration path (20%), Coverage breadth (16%).
Crypto Offramps
How you can lose money here, and what the ranking scores
  • Regulatory failure (MoonPay 9/10): no licence where you are, or a forced market exit.
    Scored by Verified licences and regulated footprint · 15%
  • Execution failure: you get a worse price, later, or nothing.
    Scored by Spread disclosure and quote binding · 25% (MoonPay 3/10)
    Scored by Payout rails speed and coverage · 20% (MoonPay 6/10)
Not assessed by this ranking: Control failure, Liveness failure, Custody failure, Insolvency failure, Exit failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: All-in cost of a representative sale (40%).
Crypto Subscriptions
How you can lose money here, and what the ranking scores
  • Custody failure (MoonPay Commerce Subscriptions (formerly Helio) 1/10): whoever holds the assets loses or withholds them.
    Scored by What exactly did my customer sign away, and what stops it from quietly becoming more than that? · 22%
  • Execution failure (MoonPay Commerce Subscriptions (formerly Helio) 6/10): you get a worse price, later, or nothing.
    Scored by The second charge fails. What does the provider actually do next, and when do I hear about it? · 26%
  • Exit failure (MoonPay Commerce Subscriptions (formerly Helio) 3/10): you cannot get out at par, on time, or with what is yours.
    Scored by If this provider is gone next quarter, do I still get paid — and whose licence is the money moving under today? · 24%
  • Information failure (MoonPay Commerce Subscriptions (formerly Helio) 1/10): the number is wrong or bought, or your data leaks.
    Scored by My customer kills the allowance at midnight. Am I told, or do I find out at the next billing run? · 28%
Not assessed by this ranking: Liveness failure. A high place says nothing about these; the Methodology tab says what each means.