Overview
- Moomoo announced on May 22, 2026 that it has opened crypto trading in Texas and launched Direct Crypto Deposit & Withdraw for U.S. users to move tokens on‑chain between external Web3 wallets and their moomoo accounts.
- Texas customers can trade 52 cryptocurrencies on moomoo with $0 commission and an industry‑listed transaction fee as low as 0.49%, and the platform supports connections to dozens of popular wallets and exchanges.
- Direct Crypto Deposit & Withdraw lets users transfer crypto into Moomoo Crypto, Inc., convert tokens to fiat inside the platform, and then deploy that cash across other products offered by Moomoo Financial, Inc.
- To drive signups, moomoo is offering a limited‑time Bitcoin rewards program for new traders tied to trading volume, with specific payouts for first trades and graduated volume milestones.
- The rollout is state‑by‑state and runs through separate affiliated entities, so crypto custody and protections differ from securities accounts and cryptocurrencies are not FDIC‑insured or SIPC‑protected; moomoo says it plans further U.S. expansion and feature additions.