Questions, answered

What is the 3.5% lifetime rakeback?

It is a share of the trading fees you pay on Moon.com, returned to you. Sign up with code PAISA and 3.5% of your fees come back automatically — instantly, for as long as your account exists.

Do I have to claim it every month?

No. There is no claim button, no wagering requirement and no minimum volume. Once the code is attached to your account the rakeback is applied automatically.

Can I add the code after signing up?

No. Referral codes on Moon.com are attached at account creation. If you already have an account without a code, the rate cannot be applied retroactively.

Does rakeback cost me anything?

Nothing. You pay the same fees you would pay without a code — the difference is that 3.5% of them come back to you instead of staying with the platform.

What is a prediction market?

A market where you trade contracts that settle at a fixed value if an event happens and zero if it does not. The price is the market's estimate of probability, so a contract at 62c implies a 62% chance.

Is Paisa on Moon financial advice?

No. We are an independent Moon.com affiliate partner running an education and community project. Everything here is general information. Prediction markets carry real risk of loss — never trade money you cannot afford to lose.

How do I join the community?

Discord and Telegram are free and open. Join from the community page, introduce yourself, and start with the Getting Started guides.

For traders in India

Can I use Moon.com from India?

Moon.com is a global platform and people in India do use it, but eligibility and local rules are your responsibility to check. Read Moon.com's own terms for your country, and if you are unsure about the legal position, speak to a qualified professional before depositing.

Do I need crypto to get started?

Yes — funding is done in crypto rather than a bank transfer from an Indian account. If that is new to you, read the crypto basics guide first: wallets, stablecoins, networks and test transfers, in plain English.

How much money do I need to start?

Enough to place small positions and learn the mechanics — a few thousand rupees is plenty. Cap risk at 1-2% of your balance per trade and you can be wrong repeatedly while you learn.

Are prediction markets the same as betting?

They share a surface resemblance, but a prediction market is a two-sided exchange: prices move with what traders collectively believe, you can exit before the event settles, and there is no house setting the odds. It is still risky — you can lose everything you put in.

How are gains taxed in India?

Crypto gains are taxable in India and transfers can attract TDS, and the rules have changed more than once. Keep every statement and confirm the current rates with a chartered accountant. Nothing here is tax advice.

Which markets are most active for Indian traders?

Events that resolve on public information you already follow — sport, elections, macro releases and crypto prices. Your edge comes from knowing a subject, not from trading every market on the board.

Is the community free to join?

Yes. Discord and Telegram are free and open, in English, with people across Indian time zones. The guides on this site are free too.

For traders in Canada

Can I use Moon.com from Canada?

People in Canada do trade on Moon.com, but eligibility and local rules are your responsibility to check. Prediction markets sit in a regulated space in Canada and provincial rules can differ, so read Moon.com's own terms for your province and speak to a qualified professional if you are unsure before depositing.

Are prediction markets legal in Canada?

There is no simple yes or no — Canada regulates event wagering and trading platforms federally and provincially, and the picture keeps evolving. We break down what is known today in plain language in our guide to prediction markets in Canada. Nothing on this site is legal advice.

Do I need crypto to get started?

Yes — funding is done in crypto rather than an Interac e-Transfer or bank transfer from a Canadian account. If that is new to you, start with our crypto basics guide: wallets, stablecoins, networks and test transfers, in plain English.

How much money do I need to start?

Enough to place small positions and learn the mechanics — a few dozen Canadian dollars is plenty. Cap risk at 1-2% of your balance per trade so you can be wrong repeatedly while you learn.

How are gains taxed in Canada?

Profits from trading are generally taxable in Canada, and whether they are treated as business income or capital gains depends on your situation. Keep every transaction record and confirm the current treatment with a qualified accountant. Nothing here is tax advice.

Which markets are most active for Canadian traders?

Events that resolve on public information you already follow — NHL and NBA games, Canadian and US elections, macro releases and crypto prices. North American evening hours are lively sessions, and the market runs 24/7 regardless of your time zone.

Is the community free to join?

Yes. Discord and Telegram are free and open, in English, with plenty of members on Eastern and Pacific time. The guides on this site are free too.