Trying to sell Reddit Moons used to be a long and complicated process.
Luckily, now you can sell (or buy) Moons quick and easy in just a few steps.
Recently I decided to convert my Moons to fiat.
I spent hours trying to figure out how to actually sell them.
It seemed super complicated.
Almost every blog post, article, or Reddit r/CryptoCurrency post I read had outdated information. The recommended ways for selling Moons no longer worked.
Then I finally discovered how to sell (and buy) Moon tokens fast and easy.
Keep reading to find out how.
Related Reading: How To Earn Free Crypto
How To Sell Moons In 7 Easy Steps.
Here is the step-by-step process for selling Moons fast in 7 easy steps:
Step 1. Go To Celesti.Trade
Celesti makes it easy for buying or selling Moons (MOON).
They claim to be ‘the easiest and fastest way to buy and sell Reddit MOONs.’
I 100% agree.
You don’t even need to open an account with Celesti to sell MOON crypto.
Step 2. Check The Pool Balances
The way that you sell Moons is by exchanging them for Stellar Lumens (XLM).
To convert Moons, there has to be enough XLM available in the Pool Balance first.
The minimum amount of MOON token you can send is 1.
While the maximum depends on the exchange rate and pool balances and is constantly changing.
The first time I tried to sell Moon tokens, there wasn’t enough XLM available, but when I returned to the site a few hours later, there was more Stellar Lumens to exchange.
After Moons are distributed each month, the Pool Balances are usually lower. This is because full-time Moon farmers instantly sell their Moons.
You can also buy Moons by exchanging XLM for MOON.
Step 3. Click ‘Buy or Sell MOON’
You can also see the exchange rate, which is taken from Honeyswap.
After you click ‘Buy or Sell MOON,’ you are taken to a new page.
It displays the current rates for how much 1 MOON sells for in XLM and how much 1 XLM buys in MOON.
The Maximum XLM and MOON token which can be exchanged is also displayed based on the current Pool Balances.
Step 4. Click ‘Sell MOON’
You will need to have a Stellar Address. You can use your XLM wallet on any exchange, Software Wallet, or Hardware Wallet.
Celesti will send the Stellar Lumens to your address.
Enter your Stellar address, and your Stellar memo.
Important: You must enter a Stellar memo and address.
You also need to enter your Moon return address.
If the transaction fails, Celesti will issue you a refund back to your Moon address.
You can find your Moon crypto address in your Vault on the Reddit mobile app.
Click Your Avatar on the top left of the app, then click ‘Vault.’
Next, click the 3 dotted lines.
You will see your Avatar and then your username – starting with u/
Under your username will be your Moon token address. It starts with 0x.
Copy the Moon address and paste it into the Moon ‘return address.’
Next, click ‘SELL MOON.’
Step 5. Get The XLM Address
Now is the time to send your Moons to Celesti.
Make sure that you send L2 moons (not xmoons).
If you are unsure about the difference between L1 and L2 moons, Celesti has provided a FAQ for further detail.
Copy the address by clicking the ‘Copy Address’ button.
Step 6. Send Moons To Celesti
To send your MOONS, go back to the Reddit App, and click the icon on the top right corner of the Reddit Vault.
It will open the ‘Send Points’ screen.
- Paste the Celesti Moon address in the ‘User or Ethereum address’ field.
- Enter the number of Moons you want to send.
- Then, click ‘Send Moons.’
Important: Before you send your Moons, you must follow some transaction rules.
The most important is that you can only send the Maximum MOON, which is listed.
The minimum MOON you can send is 1.
Also, you only have 1 hour to make the transaction. Otherwise, the session will timeout.
If that happens, you will need to restart the process before making a transaction.
Step 7. Receive Your XLM
After your Moon coins have been received by Celesti, they will then transfer the XLM coins to your Stellar wallet. Within minutes I received them.
After receiving the Lumens, you can then convert them to another cryptocurrency of your choice or exchange them for fiat (dollars).
The whole process only takes 10-15 minutes and is the best, easiest, and fastest way for selling Moons in 2022.
How To Buy Moons
Do you want to buy Moon tokens rather than sell them?
Well, the process is exactly the same as how you buy Moons.
Follow steps 1-3, as above.
Then in Step 4, you need to click ‘Buy MOON’ instead of ‘Sell MOON.’
You will need to have XLM to buy MOON.
You then need to enter your L2 Moon Address (found in your Vault on the Reddit App or a MetaMask wallet address).
Then enter your Stellar Refund Address and memo. In case there is a problem, Celesti will issue a refund.
Next click ‘Buy MOON.’
You will then receive the XLM address and memo to send your Stellar.
After you send your Lumens, you will receive Reddit MOON in your Vault or MetaMask Wallet.
What are Reddit Moons?
Moons are the official Cryptocurrency of the Reddit r/CryptoCurrency subreddit. It is an ERC-20 token on the Ethereum Blockchain.
According to Reddit, “Moons reward posters, commenters, and moderators for their contributions to the subreddit. They are distributed monthly and used to weight your vote on polls.”
How Do You Earn Moons?
Reddit r/Cryptocurrency Moons are one of the best ways to earn free crypto.
You can earn Moons just by engaging in r/CryptoCurrency conversations.
They are distributed based on the number of upvotes you receive each month.
The more your posts or comments are upvoted, the more you earn.
There is also a 10% monthly bonus if you don’t sell your Moons.
How To Open Your Reddit Vault
To earn Moons, first, you must open your Reddit Vault.
To access your Vault, you will need to use the Reddit App.
Click on your Avatar on the top left.
Then click on ‘Vault.’
Then follow the instructions to set up your Vault.
Make sure to write down your Recovery Phrase (12 word private key) and keep it in a safe place.
If you lose it, you may no longer be able to access your Vault or Moons.
Now that you have set up your Reddit Vault, you can start receiving Moons automatically once per month based on your karma score.
What Are The Celesti Fees?
Celesti charges a 2% fee per transaction to buy or sell Moons. Part of this fee is used for maintenance and development costs, while the remainder is kept in the liquidity pools.
How Is The Exchange Rate Calculated?
The Moons tokens price is calculated via the actual value of Honeyswap exchange rates. While XLM uses Coingecko exchange rates.
You should be aware that the prices for buying and selling Moons may slightly differ from the exchange rate on the website. It is because the prices are calculated when Celesti receives the coins.
How To Sell Reddit BRICK
You can also sell Reddit Bricks (BRICK) on Celesti. BRICK is the official cryptocurrency of the r/FortNiteBR (Fortnite Battle Royal) subreddit.
The process is exactly the same as buying or selling MOON tokens, except instead of clicking on ‘Buy or Sell MOON,’ you click on ‘Buy or Sell BRICK.’
What better way to get paid in free crypto than talking about crypto with other Reddit users on r/CryptoCurrency.
In 3 months of casually posting on r/CryptoCurrency, I made about $200 from selling my Moons.
Are you looking to sell your Moons for money? In 2022 it has never been easier to sell your Reddit Moons. Follow the above steps and turn your free crypto into cash.
Any information provided is to be used at your own risk, and is not investment advice. Make sure to always do your own research when buying or selling cryptocurrencies.
Affiliate Disclosure: This post contains affiliate links for some products I am recommending. If you use these links to buy something, I may earn a small commission at no cost to you.
Skyler Benson is a full-time blogger. Join Skyler on SkylerBenson.com and learn how to start an online business and create a life of freedom. Before starting this blog, Skyler worked online as a freelance content writer. He worked with digital marketing agencies and B2B companies for four years. Skyler reviews the best software for your online business and teaches you how to write better and start your freelancing career.