Moomoo Expands Crypto Trading to Texas, Adds Direct Wallet Transfers

Moomoo is expanding its cryptocurrency trading business into Texas while introducing a new feature that allows U.S. users to transfer digital assets directly between external wallets and their platform accounts.

The global investment and trading platform said Texas-based investors can now trade 52 cryptocurrencies through Moomoo Crypto with zero commissions and transaction fees as low as 0.49%. The expansion extends the company’s crypto trading availability across several states, including California, New Jersey and Pennsylvania.

The company also launched a Direct Crypto Deposit & Withdraw feature, allowing customers to move supported cryptocurrencies between external Web3 wallets and their Moomoo accounts. The functionality is designed to give investors access to both digital assets and traditional securities through a single platform.

“The expansion of our crypto trading capabilities to Texas along with the introduction of direct crypto transfers reflects our commitment to meeting investors where they are, whether in traditional markets or Web3, by providing a true one-stop destination where investors can seamlessly trade a diverse range of assets within a unified, secure and compliant platform,” said Albi Mema, Director of Crypto Operations at moomoo U.S.

Moomoo said the platform supports integrations with dozens of cryptocurrency wallets and exchanges while offering access to more than 50 cryptocurrencies in the U.S. The available tokens include newer listings such as BNB and MON.

To support the Texas launch, the company introduced a promotional rewards program for new crypto traders. Eligible users can receive $10 in Bitcoin after making a first trade exceeding $1,000, an additional $15 in Bitcoin after completing three trades totaling $3,000, and $35 in Bitcoin for reaching $10,000 in cumulative trading volume.