Key Takeaways
- • Moomoo expanded cryptocurrency trading to Texas, enabling retail investors to trade 52 cryptocurrencies with $0 commission and a 0.49% transaction fee through Moomoo Crypto Inc.
- • The platform launched a Direct Crypto Deposit & Withdraw feature allowing U.S. users to execute on-chain transfers between external Web3 wallets and their moomoo accounts, with connections to dozens of leading wallets and exchanges.
- • Texas investors gain unified access to crypto, equities, options, and other assets on a single integrated platform, consolidating multi-asset trading under one interface.
- • Moomoo is offering a limited-time Bitcoin rewards program tied to new crypto trading volume, incentivizing adoption of its expanded cryptocurrency services.
- • The expansion positions moomoo as a competitive player in retail crypto access, though crypto services remain unavailable in certain U.S. states including New York due to regulatory restrictions.
Summary
Texas investors can now access 52 cryptocurrencies including Bitcoin, Ethereum, Dogecoin, Solana, XRP, Cardano, Avalanche, Shiba Inu, Polygon, Chainlink, and Polkadot, among others. Trading operates on a $0 commission model with a 0.49% transaction fee applied to each trade. The Direct Crypto Deposit & Withdraw feature enables on-chain transfers between external Web3 wallets and moomoo accounts, with the platform maintaining integrations across dozens of leading cryptocurrency wallets and exchanges in the U.S. market.
The expansion reflects moomoo's broader strategy to enhance crypto trading capabilities within its unified platform ecosystem. Users can now manage cryptocurrency holdings alongside existing access to equities, options, and other asset classes without switching between separate applications. A limited-time Bitcoin rewards program has been launched to incentivize trading volume during the initial expansion phase. Moomoo Financial Inc., the U.S. brokerage entity, operates under regulatory oversight designed to promote investor protection across its trading services.
Geographic constraints remain in place—crypto services are unavailable in certain jurisdictions including New York State due to regulatory and compliance requirements. Additionally, while crypto transfers to external wallets are supported, direct fiat withdrawals from crypto accounts to external bank accounts are not currently available; users must first transfer crypto holdings to their securities accounts before initiating cash withdrawals.
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