According to Decrypt, on May 25, MoonPay launched a dedicated app in the ChatGPT app store, allowing users to generate checkout links to buy Bitcoin, XRP, Solana, and USDC within conversations with OpenAI’s chatbot, with the app going live last Friday.
Workflow: ChatGPT generates a checkout link, KYC is completed on MoonPay
After users tell ChatGPT the type of cryptocurrency and the amount they want to buy, ChatGPT generates a MoonPay checkout link; when users click, they are redirected to the MoonPay website to complete the KYC process and connect a wallet. Once users have completed KYC verification, existing MoonPay users do not need to repeat verification and can directly use their stored payment methods. Arifin compared the app to “a broker sitting next to you, not providing investment advice, but explaining the assets you’re buying,” and said that in the long run, LLM platforms will take more proactive actions rather than merely providing checkout links.
Crypto ecosystem in the ChatGPT app store
MoonPay is among the first batch of apps in the ChatGPT app store to offer direct cryptocurrency purchase functionality. Other existing crypto-related apps (such as Kraken and OKX) mainly allow users to look up blockchain data and cryptocurrency prices. Arifin said that chatbots like ChatGPT and Claude are “becoming the new entry point to the internet,” where users are “no longer just searching on Google, but doing multi-round research to truly understand what they want to do.” He also mentioned emerging AI clients such as OpenClaw and Hermes as an important next step, because they allow AI agents to run locally and interact more directly with users’ machines.
MoonPay’s AI expansion strategy: Dawn CLI and the MoonAgents Card
MoonPay acquired Dawn Labs earlier this month and has also rolled out Dawn CLI, an AI trading assistant that turns English prompts into automated prediction market strategies. MoonPay has also recently introduced the MoonAgents Card, a virtual Mastercard that allows AI agents to spend stablecoins directly from a crypto wallet with online merchants.
FAQ
Do I need KYC to buy cryptocurrency using the MoonPay ChatGPT app?
Yes. Users still need to complete MoonPay’s standard KYC process. Existing MoonPay users who have completed KYC verification do not need to repeat verification and can directly use their stored payment methods. The KYC and payment process are completed on the MoonPay website, not inside ChatGPT.
Which cryptocurrencies are supported for purchases currently?
According to MoonPay’s announcement, supported cryptocurrencies include Bitcoin (BTC), XRP, Solana (SOL), and USDC. Decrypt’s report did not specify whether other cryptocurrencies are supported.
What other crypto-related apps are in the ChatGPT app store?
Existing crypto-related apps include Kraken, OKX, CryptoAudit, and RealOpen. These apps allow users to look up blockchain data and cryptocurrency prices. MoonPay is one of the first apps to offer direct cryptocurrency purchase functionality in the ChatGPT app.
