Moon.com Debuts High-Leverage Market-Betting Platform
Moon.com has launched an online market-betting platform that allows users to wager on whether the price of a financial asset will move up or down, with leverage ranging from 1x to 1000x depending on the market and prevailing conditions.
The platform offers 24/7 wagering across cryptocurrency, equities, futures, commodities, and forex markets, with 0% slippage. This means that users' bets will be filled instantly at the displayed price without varying the execution price according to the size of the wager.
One key feature is that positions close automatically once their loss reaches the original stake, meaning users cannot enter a negative balance or face a margin call requiring additional funds.