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Home Market Research Cryptocurrency

Moomoo Expands Texas Crypto Offering With Wallet Deposit and Withdrawal for Retail Investors

by TheAdviserMagazine
3 months ago
in Cryptocurrency
Reading Time: 4 mins read
A A
Moomoo Expands Texas Crypto Offering With Wallet Deposit and Withdrawal for Retail Investors
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Moomoo, a subsidiary of Hong Kong-based
online brokerage Futu, has expanded its cryptocurrency trading services to
investors in Texas and introduced a new direct crypto deposit and withdrawal
feature for U.S. users, according to a company statement.

A relevant comparison
can be drawn with IG Group,
which has been granted a cryptoasset licence by the UK Financial Conduct
Authority. The licence allows the firm to expand its crypto offering and
makes IG the first UK-listed company to join the FCA’s cryptoasset register.

Following the licence
approval, customers are expected to gain the ability to transfer crypto assets
in and out of the platform.

Albi Mema, Director of Crypto Operations at Moomoo US, Source: LinkedIn

With the rollout in
Texas, users in the state now have access to 52 cryptocurrencies on the
platform. The company said trading carries “$0 commission*”. The expansion
extends Moomoo’s crypto services across several U.S. states, including
California, New Jersey, Pennsylvania and Texas.

Alongside the
geographic expansion, Moomoo launched a Direct Crypto Deposit & Withdraw
feature. The function allows users to transfer supported cryptocurrencies
between external Web3 wallets and their Moomoo accounts.

The company said this
enables users to move assets on-chain through Moomoo Crypto, Inc., while
maintaining access to equities, options and other asset classes through Moomoo
Financial, Inc.

The firm said the
system allows users to convert crypto holdings into fiat currency within the
platform, with funds then available for use across other investment products
offered on Moomoo.

$FUTU Moomoo Expands Crypto Trading to Texas and Launches Direct Crypto Transfers, Advancing Unified Multi-Asset Investing

– Texas investors can trade 52 cryptocurrencies with $0 commission and a 0.49% transaction fee.

– The platform now supports on-chain transfers between…

— stock setter (@MarcJacksonLA) May 22, 2026

Platform Adds Wallet Connections and
Transfers

Albi Mema, Director of Crypto Operations at
Moomoo U.S., said the firm is “actively expanding access to crypto trading
across the U.S.” while continuing to build additional features aimed at
enhancing the investing experience. He added that the Texas expansion and
introduction of “direct crypto transfers” reflect the company’s focus on
“meeting investors where they are.”

The platform said it
supports connections with multiple external wallets and exchanges and provides
access to more than 50 cryptocurrencies in the U.S., including tokens such as
MON and BNB.

Moomoo, a subsidiary of Hong Kong-based
online brokerage Futu, has expanded its cryptocurrency trading services to
investors in Texas and introduced a new direct crypto deposit and withdrawal
feature for U.S. users, according to a company statement.

A relevant comparison
can be drawn with IG Group,
which has been granted a cryptoasset licence by the UK Financial Conduct
Authority. The licence allows the firm to expand its crypto offering and
makes IG the first UK-listed company to join the FCA’s cryptoasset register.

Following the licence
approval, customers are expected to gain the ability to transfer crypto assets
in and out of the platform.

Albi Mema, Director of Crypto Operations at Moomoo US, Source: LinkedIn

With the rollout in
Texas, users in the state now have access to 52 cryptocurrencies on the
platform. The company said trading carries “$0 commission*”. The expansion
extends Moomoo’s crypto services across several U.S. states, including
California, New Jersey, Pennsylvania and Texas.

Alongside the
geographic expansion, Moomoo launched a Direct Crypto Deposit & Withdraw
feature. The function allows users to transfer supported cryptocurrencies
between external Web3 wallets and their Moomoo accounts.

The company said this
enables users to move assets on-chain through Moomoo Crypto, Inc., while
maintaining access to equities, options and other asset classes through Moomoo
Financial, Inc.

The firm said the
system allows users to convert crypto holdings into fiat currency within the
platform, with funds then available for use across other investment products
offered on Moomoo.

$FUTU Moomoo Expands Crypto Trading to Texas and Launches Direct Crypto Transfers, Advancing Unified Multi-Asset Investing

– Texas investors can trade 52 cryptocurrencies with $0 commission and a 0.49% transaction fee.

– The platform now supports on-chain transfers between…

— stock setter (@MarcJacksonLA) May 22, 2026

Platform Adds Wallet Connections and
Transfers

Albi Mema, Director of Crypto Operations at
Moomoo U.S., said the firm is “actively expanding access to crypto trading
across the U.S.” while continuing to build additional features aimed at
enhancing the investing experience. He added that the Texas expansion and
introduction of “direct crypto transfers” reflect the company’s focus on
“meeting investors where they are.”

The platform said it
supports connections with multiple external wallets and exchanges and provides
access to more than 50 cryptocurrencies in the U.S., including tokens such as
MON and BNB.



Source link

Tags: CryptodepositExpandsinvestorsMoomooOfferingRetailTexasWalletwithdrawal
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