Cryptocurrency adoption continues to grow, and with it, the demand for seamless, secure ways to convert fiat currency into digital assets. CoolWallet has stepped up by integrating MoonPay, a leading global crypto payment platform, directly into its mobile app. This powerful partnership allows users to purchase crypto quickly, safely, and without leaving the CoolWallet ecosystem.
Whether you're new to crypto or an experienced holder looking for a more convenient purchasing method, this guide walks you through everything you need to know about using MoonPay within the CoolWallet app—why it matters, how it works, and how to get started in minutes.
What Is MoonPay?
MoonPay is a trusted cryptocurrency on-ramp platform designed to simplify the process of buying digital assets using traditional fiat currencies like USD, EUR, and GBP. Founded in 2019 by Ivan Soto-Wright and Victor Faramond, MoonPay has rapidly become one of the most widely used fiat-to-crypto solutions worldwide.
Backed by high-profile investors including Justin Bieber and Snoop Dogg—both early believers in Web3 and NFTs—MoonPay has raised over $555 million in funding and reached a valuation of $3.4 billion. Today, it supports more than 80 cryptocurrencies and serves over 5 million customers across 160+ countries.
The platform enables users to buy crypto using familiar payment methods such as credit/debit cards, bank transfers, Apple Pay, and more—all while maintaining strong compliance with global financial regulations.
👉 Start your first secure crypto purchase today with a trusted global platform.
Why Use MoonPay with the CoolWallet App?
Integrating MoonPay into the CoolWallet app brings together two powerful advantages: ease of access and enterprise-grade security. Here’s why this combination stands out.
🔒 Military-Grade Security for Peace of Mind
CoolWallet is recognized as the world’s most convenient credit card-sized hardware wallet, combining portability with cold storage protection. Your private keys are stored offline inside an EAL6+ certified secure element chip, ensuring they’re never exposed to online threats like hacking or phishing scams.
When you buy crypto through MoonPay via the CoolWallet app, your purchased assets are automatically sent directly to your secured wallet—no intermediate steps, no exposure risk.
Meanwhile, MoonPay enforces strict security and privacy protocols, including end-to-end encryption, real-time monitoring, and secure development practices compliant with industry standards. Together, both platforms ensure your personal data and digital assets remain protected at every stage.
📱 Seamless User Experience
Gone are the days of juggling multiple apps or manually copying long wallet addresses. The CoolWallet app streamlines the entire process:
- Select your desired fiat currency (e.g., USD)
- Choose the crypto asset (e.g., BTC, ETH, USDT)
- Enter the amount
- Confirm the transaction
The app automatically displays your available receiving addresses, so you don’t have to switch screens or risk errors. Once confirmed, your purchase is processed through MoonPay and delivered straight to your CoolWallet—typically within minutes.
And because CoolWallet operates like a physical card, you can carry it in your wallet just like a credit card. Lose your phone? No problem. Restore full access anytime using your recovery seed.
How to Buy Crypto with Fiat Using CoolWallet and MoonPay – Step-by-Step Guide
Follow this detailed walkthrough to safely purchase cryptocurrency using your local currency through the integrated MoonPay service.
💡 Pro Tip: If you’ve already completed MoonPay’s KYC verification for your wallet address, feel free to skip Steps 1, 6–9.
⚠️ Reminder: Check with your card issuer whether crypto purchases are allowed—some banks restrict these transactions.
Part A: Initiate Purchase in CoolWallet App
Step 1: Prepare Your Documents
Have ready:
- A valid email address
- Phone number
- Government-issued ID (passport, driver’s license, national ID, or residence permit)
Ensure your document is:
- Not expired
- Fully visible (all four corners)
- Includes a clear image of your face
Step 2: Open the CoolWallet App
Tap the “Marketplace” icon at the bottom of the screen. Scroll down and select “Crypto Purchase.”
Step 3: Choose Currency & Amount
Select:
- The fiat currency you’ll pay with (e.g., USD)
- The cryptocurrency you want (e.g., Bitcoin)
- The amount
Review the exchange rate offered by MoonPay, then tap “Exchange.”
You’ll be taken to the Payment page—tap the down arrow to continue.
Step 4: Select Receiving Address
Choose the wallet address where you’d like to receive your crypto. Tap the back arrow to return to the Payment page.
Then tap “Check Out” to be redirected securely to MoonPay’s website.
Part B: Confirm Transaction on MoonPay
Step 5: Verify Purchase Details
Enter the amount again if prompted. Provide your email address to receive a verification code from MoonPay.
Check your inbox, enter the code, and click “Continue.”
👉 Skip identity checks if you're already verified—get back to buying faster.
Part C: Complete Identity Verification (KYC)
Step 6: Enter Billing Address
Click “Add address manually” and fill in your billing details. Tap “Continue.”
Step 7: Select Country & ID Type
Choose your country of residence and the type of ID you’re uploading. Click “Continue.”
Step 8: Upload ID Document
Take clear photos of both sides of your ID. Ensure all information is readable and corners are visible.
Step 9: Take a Live Selfie
Follow on-screen prompts to take a real-time selfie for facial verification. Processing may take a few seconds—stay patient.
Part D: Finalize Payment
Step 10: Enter Card Details
Input your credit/debit card information. Use the menu icon to confirm the correct receiving wallet address.
Click “Continue.”
Step 11: Confirm & Pay
Double-check all transaction details:
- Amount
- Fees
- Receiving address
Click “Pay”, then “Confirm Order.”
Wait a few minutes while MoonPay processes your transaction. You can track progress in your MoonPay account under “Order Details.”
Once complete, your crypto will appear in your CoolWallet app—securely stored in cold storage.
🎉 Congratulations! You’ve successfully bought crypto using fiat money—safely, easily, and all within a trusted environment.
Frequently Asked Questions (FAQ)
Q: Is MoonPay safe to use with CoolWallet?
Yes. Both MoonPay and CoolWallet prioritize security. MoonPay uses advanced encryption and fraud detection systems, while CoolWallet stores your assets offline in a tamper-proof chip. Together, they offer a secure end-to-end purchasing experience.
Q: Do I need to complete KYC every time I buy?
No. Once you complete identity verification with MoonPay for a specific wallet address, future purchases are faster—you won’t need to re-upload documents unless required by policy changes.
Q: Which cryptocurrencies can I buy through MoonPay?
MoonPay supports over 80 digital assets, including Bitcoin (BTC), Ethereum (ETH), USDT, BNB, Solana (SOL), Dogecoin (DOGE), and many others.
Q: Are there fees when buying crypto via MoonPay?
Yes. MoonPay charges a transaction fee that varies based on payment method, amount, and market conditions. These are displayed clearly before confirmation.
Q: Can I use Apple Pay or Google Pay?
Yes. MoonPay accepts Apple Pay, Google Pay, credit/debit cards, bank transfers, and other regional payment methods depending on your location.
Q: What should I do if my transaction fails?
First, check your internet connection and card status. If issues persist, review MoonPay’s support page or contact customer service directly through their website.
Ready to dive into the world of digital assets? With CoolWallet and MoonPay, converting fiat to crypto has never been easier—or safer.
👉 Access a seamless gateway to crypto with fast processing and robust security features.