I'm trying to understand if MoonPay is considered a centralized exchange (Cex) or if it's a licensed cryptocurrency broker. I'm confused about its classification and the services it provides in the cryptocurrency space.
6
answers
Davide
Thu Jan 30 2025
Contrary to widespread perceptions, MoonPay does not fall into the category of a centralized exchange (CEX) or a licensed cryptocurrency broker.
Carlo
Thu Jan 30 2025
Instead, MoonPay operates as a cryptocurrency payment processing platform, offering a unique service in the market.
BlockchainVisionary
Thu Jan 30 2025
MoonPay facilitates the purchase of cryptocurrencies using traditional payment methods.
MysticGlider
Thu Jan 30 2025
MoonPay holds a distinct position in the cryptocurrency landscape.
Rosalia
Thu Jan 30 2025
Users can leverage credit and debit cards, as well as fiat currencies, to buy crypto through MoonPay's payment service.