The way we transact is changing fast. Everything from groceries to concert tickets could be settled in digital dollars known as stablecoins. The companies that make this transition seamless are the ones shaping the next chapter of finance.
One of the most trusted names leading that shift is MoonPay. If you have used Apple Pay, PayPal, or Venmo, you already know how simple those payment methods are. MoonPay builds on that same simplicity, allowing users to fund their crypto wallets with a single tap.
This guide will share how to get started with MoonPay—from setting up your first purchase to understanding why stablecoins matter, and how you can now earn passive income by staking Solana (SOL) directly in the app.
What Is MoonPay?
MoonPay is the easiest way to buy crypto. It connects familiar payment options like Apple Pay, PayPal and Venmo directly to digital wallets, all with a simple to use app. With MoonPay you can buy Bitcoin, Ethereum, or stablecoins in minutes without dealing with complex exchanges.
Trusted by millions of users in over 160 countries, MoonPay has become the leading on-ramp for anyone who wants fast, secure access to the crypto economy.
With partnerships with major financial companies such as Mastercard, MoonPay is at the forefront of crypto transactions. This is especially true with their recent integration of stablecoins.
crypto will replace your bank account
we partnered with @getaxal to make that a reality
🌎 instantly open a Virtual Account
⛓️ automate onchain yield and savings
💰 earn 6-10% APY on stablecoins
🔥 DeFi tech + transparency + control
live now, powered by @moonpay and @iron pic.twitter.com/xqAir6cGwq— MoonPay 🟣 (@moonpay) August 5, 2025
Why Stablecoins Matter For MoonPay
Stablecoins are modern digital dollars. They give you all the benefits of fast, borderless blockchain payments, without the volatility. That makes them ideal for sending funds globally, holding value without a bank account, and paying for goods anytime.
Stablecoins have already grown into a $245 billion market, with transfer volumes in 2024 surpassing Visa and Mastercard combined. Yet until recently, it wasn’t easy to spend them like normal money.
That is changing. In May 2025 MoonPay partnered with Mastercard and rolled out virtual Mastercard cards connected to stablecoin balances (USDC, USDT). These cards let you shop at over 150 million merchants worldwide. At checkout, MoonPay automatically converts your stablecoins to local currency. No merchant exchanges needed. This transforms your crypto wallet into a full digital bank account.
On the upside you just gained full access to global spending via stablecoin without leaving the blockchain ecosystem. This reduction of friction increases Web3 integration into the norm.
MoonPay also recently joined with Bitget Wallet to launch fiat “off‑ramp” functionality. With this partnership, users can now sell USDC or USDT and withdraw into 25+ fiat currencies directly to PayPal, Apple Pay, credit or debit, all while remaining self‑custodial.
These moves show MoonPay is not just about buying crypto. They are making stablecoins usable anywhere you currently spend money, while also enabling you to easily withdraw crypto back into cash. That’s powerful.
Now that we’ve established why MoonPay is leading the way in fiat-crypto exchanges and stablecoin spending, let’s explore the step-by-step guide on how to use the platform to your benefit.
How MoonPay Works (Step-by-Step)
Step 1: Download MoonPay app or visit website
Step 2: Open the app and click ‘Get Started’ which will then prompt you to sign up with either your email address or Apple account.
Step 3: As a compliant platform, MoonPay requires users to agree to terms and conditions.
Feel free to read the documents linked in this section if you’d like and check the boxes and click ‘continue’ to proceed with the set up process. Join the email list, they send feature updates keeping you informed of the latest product launches
Step 4: When you’re ready, begin by either clicking on ‘buy’ or ‘deposit’ to fund your account.
‘Buy’ begins a purchasing process that requires I.D verification (credit cards) whereas ‘Deposit’ transfers crypto from an external wallet into MoonPay .
You can skip the I.D verification if you choose to purchase with Apple Pay or debit but you’d still need to provide some basic information such as name and address.
The verification process is seamless and can be completed within 2 minutes.
If you’d like to also deposit from an external wallet, a list of your wallet address associated with different cryptos can be found once you hit the ‘deposit’ button. Simply copy and paste into your external wallet’s send address, double check and confirm the transaction.
Why Use MoonPay?
By providing users with accessible, familiar methods like Apple Pay, PayPal, or Venmo to fund their crypto wallets, MoonPay removes the biggest barriers to getting started with crypto. Users can not only make their first purchase with ease—they can also buy more whenever they want, or set up recurring buys to build their portfolios over time. There is no need to open a complicated exchange account or wait days for a bank transfer to clear, and it works almost everywhere.
MoonPay is licensed, regulated, and trusted by major brands, and purchases clear almost instantly, so you can move funds into your wallet or onto an exchange without long delays. When writing this guide, I was able to go from downloading the app to purchasing any crypto available on the platform within 5 minutes.
The user experience is exceptional and you won’t have trouble finding exactly what you need. They’ve done a great job at removing complexity and I feel comfortable sharing this as a go-to platform for my non-tech savvy family and friends that want to dip into crypto purchases.
break up with your bank account
open a Virtual Account with @getaxal and start earning 6-10% APY on your stablecoins pic.twitter.com/ZFXueZ20o5— MoonPay 🟣 (@moonpay) August 5, 2025
How to Earn Passive Income with Staking on MoonPay
Once your MoonPay account is set up and your wallet is funded, you don’t have to just hold your crypto—you can make it work for you. With MoonPay’s new staking feature, you can easily earn passive income while helping secure blockchain networks.
What is Staking?
Think of staking like earning interest on a savings account—but for cryptocurrency. When you stake assets like Solana (SOL), you contribute to the network’s security and operations. In return, you receive crypto rewards that can automatically grow your balance over time.
Traditionally, staking can feel intimidating with complex wallets, technical setups, and long lock-up periods. MoonPay simplifies this with Earning Pots—a streamlined, user-friendly way to start staking in just a few clicks. No complicated steps, no confusing interfaces—just effortless, automated rewards while you hold your crypto.
How Staking Works on MoonPay
One-Tap Setup: Choose “Earn” in the MoonPay app and start staking your SOL instantly.
No Extra Wallets Needed: MoonPay automatically handles the technical side—no complex DeFi tools or manual token management.
Flexibility: You can unstake anytime and convert your rewards back into SOL, with no penalties or blocked funds.
Why Stake SOL?
Solana is one of the fastest and most cost-efficient blockchains, making it a popular choice for both developers and investors. By staking SOL on MoonPay, you can earn up to 8.49% APY, allowing you to earn crypto simply by holding it.
Getting Started With Staking
Open your MoonPay app and tap Earn.
Select SOL
Create your personalized Pot by adding a name, emoji, and goal.
Confirm the amount you’d like to stake (starting from just $1).
Track your rewards directly from your MoonPay app—withdraw whenever you like.
Staking is perfect for beginners and native alike who believe in the long-term potential of crypto increasing the earning options with up to 8.49% APY but don’t want to manage complicated DeFi setups. It’s safe, simple, and non-custodial, meaning you remain in full control of your funds.
Solana Summer is a vibe 🌞🌊
shoutout to @Iamamystreet for organizing and @JNSilva_ for capturing that big Key West energy pic.twitter.com/QZlJ2OgMA1— MoonPay 🟣 (@moonpay) August 4, 2025
Exceptional Leadership at MoonPay
With cryptocurrency taking over finance, leadership is everything. The person guiding a company can determine whether it becomes a trusted gateway or just another passing trend.
Co-founder and CEO Ivan Soto-Wright has led MoonPay from launch to a $3.4 billion valuation and over $8 billion in transactions, calling this the industry’s “golden age” and envisioning a future where digital wallets replace bank accounts.
His focus on seamless, familiar payment experiences — plus strategic moves like acquiring Iron and Helio — has driven MoonPay’s record-breaking growth.
Alongside him, Keith Grossman brings unmatched credibility from his time as president of TIME, where he launched TIMEPieces and proved Web3 could have cultural impact. Together, they’ve made MoonPay one of the most recognized and trusted on-ramps in the world.
With cryptocurrency taking over finance, leadership is everything. The person guiding a company can determine whether it becomes a trusted gateway or just another passing trend.
Final Thoughts (Why Start Now)
We’re approaching a tipping point in crypto adoption. Stablecoins are becoming mainstream, Visa and PayPal are embracing blockchain payments, and governments are clarifying regulations.
just a punk trying to make crypto mainstream pic.twitter.com/iaA2ExiYDj
— Ivan Soto-Wright (@ivanhodl) August 1, 2025
Now is the perfect time to get comfortable with wallets, buying crypto, and even staking for passive rewards. MoonPay makes this journey simple, intuitive, and secure—helping you stay ahead of the financial future that’s unfolding fast.
