Key Takeaways
- Trading platform moomoo is stepping into crypto with the upcoming launch of Moomoo Crypto.
- The company plans to offer 32 coins, which would be the largest list of tradable coins available to U.S. customers through traditional online brokers.
- Moomoo Crypto will initially be offered to existing moomoo customers, and then gradually rolled out to all users in the coming months.
- Moomoo Crypto will utilize Coinbase’s Crypto-as-a-Service (“CaaS”) platform to provide trading access to its customers.
As digital currencies become more mainstream and Bitcoin hits new record highs, moomoo is getting in on the crypto action.
Moomoo, a subsidiary of Nasdaq-listed Futu Holdings Ltd (ticker symbol: FUTU), on Tuesday said it is launching a new crypto offering called Moomoo Crypto for existing U.S. users. In an email to Investopedia dated May 27, 2025, a company representative set June 6, 2025 as the new crypto platform’s official launch date.
Moomoo Crypto will begin by supporting existing customers in the trading of 32 coins, including major cryptocurrencies like Bitcoin and Ethereum. That number of options would be more than any other traditional online broker provides to U.S. customers. Currently, Robinhood holds the U.S. title for widest crypto selection with its menu of 28 coins.
“As digital assets continue to gain mainstream adoption, we saw a clear opportunity to apply our expertise in creating accessible yet sophisticated investment tools for crypto space,” Neil McDonald, moomoo’s US CEO, said in a press release Tuesday.
Bitcoin hit a record high of just under $112,000 last week as investor acceptance of cryptocurrencies accelerates thanks in part to optimism that the Trump administration and allies in Congress will support policies that benefit the asset class. Among other steps, President Donald Trump earlier this year ordered the Treasury to establish a Strategic Bitcoin Reserve.
After its initial offering to existing customers, moomoo plans to roll out the offer to new customers in the coming months. The platform will utilize Coinbase’s Crypto-as-a-Service (“CaaS”) platform to provide its customers with the infrastructure and market access needed for cryptocurrency trading.
After Moomoo Crypto’s official launch, Moomoo will join several other traditional online brokers that offer crypto trading, like Robinhood, Interactive Brokers, eToro, and Fidelity.
| Broker | Minimum Deposit | Number of Cryptocurrencies | Crypto Transaction Fees |
|---|---|---|---|
| Robinhood | $0.00 | 28 (50 U.S. States, some restrictions apply), 40+ (in the E.U.) | 0% |
| Fidelity Investments | $1.00 | 3 | 1% |
| Interactive Brokers | $0.00 | 8 | 0.12% to 0.18% with $1.75 minimum per order, no added spreads, markups, or custody fees |
| eToro | $50-$200 depending on country of residency | 30, the majority can be only bought, not sold; 3 for U.S. residents (in 47 states) | 1% to buy or sell, 2% crypto asset transfer fee |
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