Multi-asset trading platform moomoo said on Friday it expanded cryptocurrency trading to Texas and launched a Direct Crypto Deposit & Withdraw feature for U.S. users.
The feature lets eligible customers transfer supported cryptocurrencies between external Web3 wallets and their moomoo accounts. Once transferred, crypto can be converted into fiat and used to trade equities, options and other assets on the same platform, the company said.
Texas-based investors can trade 52 cryptocurrencies with $0 commission and a 0.49% transaction fee. Moomoo said U.S. crypto access now includes California, New Jersey, Pennsylvania, Texas and additional states.
Crypto transfers run through Moomoo Crypto Inc., while securities access sits with Moomoo Financial Inc. Company materials describe separate accounts for the two services. Cash cannot be withdrawn directly from the crypto account to an external bank, according to moomoo’s help center, and must first be moved to the securities account.
“We’re actively expanding access to crypto trading across the U.S. while continuing to build additional features that further enhance the overall investing experience for our users,” said Albi Mema, Director of Crypto Operations at moomoo U.S.
Moomoo launched U.S. spot crypto trading in 2025 with around 30 coins and a 0.49% fee. It has since expanded to 50-plus assets and added direct wallet transfers.
