Particle.news
Download on the App Store

Moomoo Expands Crypto Trading to Texas and Adds Direct On‑Chain Deposits

The change lets U.S. customers move supported tokens from external wallets into brokerage accounts, convert them to fiat, then use the funds across equities and options through separate affiliated firms.

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.