MoonPay scores 2 points above Banxa, led by named licence. Banxa ranks #5 and MoonPay #3 of 16 published onramps. Every term of the gap is on the ledger below; the inputs are on the audit receipt.
BABanxa68
vs
MoonPay70
Scores are out of 100; published scores fall within 41–99 · ranks #5 and #3 of 16
Criteria roundingThe criteria block is rounded to whole points before it is spread−0.1
Reproduced gap+2.1
Published gapAfter score rounding and bounds — see the note below7068+2.0
Weight is in points of the 86-point weighted total. Points are score points of the gap between the two.
MoonPay's lead rests on lighter criteria: Banxa is ahead on quote honesty, which carries more weight (26) than any criterion MoonPay leads on (22).
MoonPayScore 70Highest-distribution consumer/embedded fiat-to-crypto rail with the pool's deepest numbered licence stack — but an 'up to 4.5%' card fee cap plus an unquantified spread means the €200 all-in is only knowable inside the widget.Strength: Licence identity — 9/10Watch-out: Every published rate is an 'up to' cap and the spread is acknowledged but never quantified against any benchmark — so the true all-in cost of a €200 card purchase (fee cap alone €9.00) is only discoverable inside the widget at quote time, and once accepted, 'All Orders are final and cannot be refunded.'BanxaScore 68The onramp that publishes its worst case: 1.99% card fee plus a 2-4% typical spread with contractual maxima, riding its own numbered licences in AU, CA, NL (MiCA), UK and 30+ US states - now private under OSL Group since 2026-01-02.Strength: Licence identity — 8/10Watch-out: The honest disclosure cuts both ways: the 'typical 2-4%' Banxa spread carries a contractual maximum of 15% (plus 10% partner-spread max), and the 'locked-in' Final Price is guaranteed only if you send proof of payment 'immediately' - on a 1-3-business-day SEPA/ACH rail the number on the confirm button can lawfully move before settlement.
Quick facts
At a glance
2 of 3 rows read the same for both.
FactBanxaMoonPay
PricingSnapshotBanxa help article "How does Banxa set the price of cryptocurrency?" (https://support.banxa.com/en/support/solutions/articles/44002465167-how-does-banxa-set-the-price-of-cryptocurrency-, "Modified on Thu, 15 May, 2025"), fetched 28 September 2026, HTTP 200. Processing fee: BUY "Cards & Apple Pay" "1.99%", "Other payment methods" "0%". Spread table (buy): Banxa Spread "Typical: 2-4%" "Min: 0%" "Max: 15%"; Partner Spread (Optional) "Typical: 0-1%" "Max: 10%"; Recovery Spread "Typical: €0-1" "Max: €5". Network fee is a separate buy-side line item ("Market price"). Banxa's own worked example: "if you purchase €1,000 of Litecoin using SEPA" with Banxa spread "3%", Affiliate Fee "1%" and Recovery Fee "$1" ("0.1%") gives "Total Spread" "4.1%". The EU entity's identical article (44002625876, "How does EU Internet Ventures B.V (EUIV) set the price of cryptocurrency?") carries the same table. Worked example (our arithmetic, not a Banxa figure): a EUR 200 SEPA purchase at the typical spreads costs roughly 2 to 5 percent plus network fee; by card add the 1.99 percent processing fee, roughly 4 to 7 percent. The spread benchmark ("reputable, independent third-party pricing providers") is not named.MoonPay "Pricing Disclosure" for MoonPay Europe B.V. (https://www.moonpay.com/legal/europe_pricing_disclosure), fetched 29 September 2026, HTTP 200. MoonPay fee, buy side: Payment Cards & Alternative Payment Methods "Up to 4.5%"; Bank Transfers "Up to 1%"; PayPal "Up to 4.5%". Minimum: "A minimum MoonPay fee of €3.99 will be applied if your transaction amount is below a minimum threshold." Direct access: "If you access the MoonPay platform directly, the MoonPay fee will be in an amount between 0% and 5%." Partner-referred: "If you were referred to the MoonPay platform by a partner, your MoonPay fee will be in an amount up to 4.5%, subject to a minimum MoonPay fee that will never be more than €/£/$4.50." Partner ecosystem fee: "This ecosystem fee is set by each partner and may not exceed 10% but is typically between 0% and 2%." Spread: "For MoonPay Rails services, MoonPay Europe may include a spread in the asset price shown to you during your transaction." with no percentage; the base price comes from "reputable, independent third parties every 10 seconds", none named. Network fee: "The network fee covers the costs associated with the transfer of a Crypto-Asset and may vary depending on a number of factors, such as network congestion and operational costs." Worked example (our arithmetic, not a MoonPay figure): a EUR 200 card purchase carries a MoonPay fee of up to EUR 9.00 (4.5 percent cap); by bank transfer up to EUR 2.00 (1 percent cap), or the EUR 3.99 minimum if EUR 200 is below the unstated threshold; each before the unquantified spread, the network fee and any partner ecosystem fee. The "small conversion fee" sentence quoted in the 18 August 2026 note belongs to the page's virtual-account section, not to the onramp.
Asset coverageEditorial——
Region fitSnapshotglobalglobal
From the published criteria
Which should you pick?
BA
Banxa
68#5 of 16
Pick it when
Pick Banxa if quote honesty matters most — it scores 6/10 to MoonPay's 5/10 there (weight 26).
Strength
Licence identity — 8/10
Tradeoff
The honest disclosure cuts both ways: the 'typical 2-4%' Banxa spread carries a contractual maximum of 15% (plus 10% partner-spread max), and the 'locked-in' Final Price is guaranteed only if you send proof of payment 'immediately' - on a 1-3-business-day SEPA/ACH rail the number on the confirm button can lawfully move before settlement.
MoonPay
70#3 of 16
Leads
Pick it when
Pick MoonPay if named licence matters most — it scores 9/10 to Banxa's 8/10 there (weight 22).
Strength
Licence identity — 9/10
Tradeoff
Every published rate is an 'up to' cap and the spread is acknowledged but never quantified against any benchmark — so the true all-in cost of a €200 card purchase (fee cap alone €9.00) is only discoverable inside the widget at quote time, and once accepted, 'All Orders are final and cannot be refunded.'
Self-identify in 10 seconds
Which one is actually for you?
BABanxa
Choose Banxa if quote honesty matters most
Quote honesty: 6/10 against 5/10 for MoonPay (weight 26)
KYC and speed: 7/10 against 5/10 for MoonPay (weight 18)
BanxaScore 68The onramp that publishes its worst case: 1.99% card fee plus a 2-4% typical spread with contractual maxima, riding its own numbered licences in AU, CA, NL (MiCA), UK and 30+ US states - now private under OSL Group since 2026-01-02.Strength: Licence identity — 8/10Watch-out: The honest disclosure cuts both ways: the 'typical 2-4%' Banxa spread carries a contractual maximum of 15% (plus 10% partner-spread max), and the 'locked-in' Final Price is guaranteed only if you send proof of payment 'immediately' - on a 1-3-business-day SEPA/ACH rail the number on the confirm button can lawfully move before settlement.
MoonPayLeads
Choose MoonPay if named licence matters most
Named licence: 9/10 against 8/10 for Banxa (weight 22)
MoonPayScore 70Highest-distribution consumer/embedded fiat-to-crypto rail with the pool's deepest numbered licence stack — but an 'up to 4.5%' card fee cap plus an unquantified spread means the €200 all-in is only knowable inside the widget.Strength: Licence identity — 9/10Watch-out: Every published rate is an 'up to' cap and the spread is acknowledged but never quantified against any benchmark — so the true all-in cost of a €200 card purchase (fee cap alone €9.00) is only discoverable inside the widget at quote time, and once accepted, 'All Orders are final and cannot be refunded.'
Criterion by criterion
Scorecard
Published criteria · weight in points of 868 of 8 cells scored. Strength is read from the evidence file; the weight is the published one. Methodology
Purchase cost
weight 8.2 of 86Tie
Banxa6/10 out of 10
MoonPay6/10 out of 10
Quote honesty
by 1 of 10weight 6.2 of 86Banxa leads
Banxa6/10 out of 10
MoonPay5/10 out of 10
Named licence
by 1 of 10weight 5.3 of 86MoonPay leads
Banxa8/10 out of 10
MoonPay9/10 out of 10
KYC and speed
by 2 of 10weight 4.3 of 86Banxa leads
Banxa7/10 out of 10
MoonPay5/10 out of 10
Score dimensions
weights sum to 86
The published score is five dimensions, each weighted for the category. "Published criteria" is the criteria block above; the other four are the engine's own terms — availability, friction, trust record, measured data. Each bar is one side's points out of that dimension's maximum; the weight beside the name is its points of the 86-point weighted total. The published criteria above can fill 24 of the block’s 30. A weight marked “constant here” belongs to a dimension every ranked product in the category holds at the same value: it still counts in the total, and it orders nothing here.
Availabilityweight 20 of 86
Banxa14/20MoonPay14/20
Tie
Published criteriaweight 30 of 86
Banxa15.9/30MoonPay14.9/30
Banxa leads
Frictionweight 10 of 86 · constant here
Banxa2.7/10MoonPay2.7/10
Tie
Trust recordweight 8 of 86 · constant here
Banxa3.2/8MoonPay3.2/8
Tie
Measured dataweight 18 of 86
Banxa6.5/18MoonPay8.3/18
MoonPay leads
Decision rulePublished order
Choose MoonPay unless the term Banxa leads on is the one you are buying.
Pick Banxa if quote honesty matters most — it scores 6/10 to MoonPay's 5/10 there (weight 26).
The published order weighs every criterion the same way for everyone. To weigh them your way, run .
From the published order
Next best action
If this isn't your case
Other matchups worth comparing
How you can lose money here, and what the ranking scores
Regulatory failure: 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% (Banxa 8/10, MoonPay 9/10)
Execution failure: you get a worse price, later, or nothing.
Scored by Is the number on the widget the number that settles? · 26% (Banxa 6/10, MoonPay 5/10)
Information failure: 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% (Banxa 7/10, MoonPay 5/10)
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%).
Questions
Frequently asked questions
MoonPay scores 2 points above Banxa, led by named licence. Published scores, out of 100: Banxa 68 (rank 5 of 16 onramps), MoonPay 70 (rank 3 of 16).
Reviewed means both products compared here was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
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