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Moonshot International, a mobile-first crypto platform with over 2 million users, has launched a leverage trading product offering up to 250x leverage on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The service, integrated with Jupiter Perpetuals, allows users to fund trades via Apple Pay, Venmo, and debit cards. This marks a significant expansion of onboarding options for retail traders seeking amplified exposure to crypto markets. The integration of Jupiter Perpetuals' infrastructure enables Moonshot to offer mobile-friendly perpetual contracts with high leverage ratios. For traders, this lowers the barrier to entry for leveraged positions while expanding liquidity access. The use of mainstream payment methods like Apple Pay and Venmo could attract a broader demographic, including first-time crypto investors. For the crypto market, this development may increase volatility in BTC, ETH, and SOL as more retail capital enters through high-leverage channels. MENA investors should monitor regulatory responses to such products, as high leverage often triggers scrutiny from financial authorities. Key technical levels for BTC and ETH may face renewed pressure as user activity on the platform grows.
