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How to Buy Moonshot Crypto

How to Buy Moonshot Crypto

Karen Tren
Fact Checked
Aug 16, 2022

In this guide we outline the best way to buy the cryptocurrency Moonshot (MSHOT). To invest in this token you will need to purchase it on a regulated and licensed cryptocurrency exchange like Hotbit.

We recommend using Hotbit for their low fees, secure platform and easy-to-navigate UI. It is a great exchange for crypto beginners.

Table of Contents

Platform Highlights

What is Moonshot Crypto?

Moonshot token is a deflationary, frictionless yield and liquidity generation protocol. The tokenomics incentivize users to hold their MoonShot crypto tokens in their wallets. If no one sells their MoonShot tokens, the protocol ensures that the price of MoonShot increases. Their key to success is to just buy and hodl (hold). 

If you would like to learn more about Moonshot and their tokenomics, you can visit their about us or read their white paper here.

Moonshot Home Page

Where to Buy Moonshot Crypto

There are currently only two cryptocurrency exchanges where you can buy Moonshot as it’s still a relatively new coin and most exchanges take a while to list tokens. The two platforms that offer Moonshot are Hotbit and PancakeSwap. 

We recommend using Hotbit as they are a centralized exchange whereas PancakeSwap is a decentralized exchange, meaning you will have to pay for gas fees when making transactions on the platform. Hotbit is not on-chain as it’s a centralized cryptocurrency exchange so you will not need to pay any gas fees to use the exchange. 

Hotbit Home Page

How to Buy Moonshot Crypto

In this step-by-step guide we will show you how to buy Moonshot crypto using Hotbit, a centralized cryptocurrency exchange. Follow the below steps to get started:

  • Step One: Sign up to Hotbit and complete your verification
  • Step Two: Deposit funds into your hotbit account via EPay
  • Step Three: Go to ‘Markets’ and find ‘Moonshot (MSHOT)’ 
  • Step Four: Input the amount you wish to buy and press 'Trade’
Buy Moonshot - Hotbit

Moonshot (MSHOT) Crypto Live Price and Chart

Below you can find the live price and chart of the Moonshot (MSHOT) token.

Karen Tren

Full-time writer and cryptocurrency newbie! Learning about NFTs, DeFi and GameFi with my research and writing for BuyBitcoinBank.

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