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SG Users' Guide - Manage Your Account

Views 468Jul 23, 2024

How to Trade Crypto on moomoo

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Step 1: Open a Crypto Account

Before you start, please remember to update the app to the latest VERSION.

How to activate after updating:

Go to the cryptocurrency page, scroll down to the "Tradable Currency Pair". Tap on "Trade", select "Crypto", and then tap on "Next". Finally, tap on "Start Now" to submit your application. The process will take 3-5 minutes to complete.

Or click HERE to activate your crypto trading journey.

P.S.: Currently, Moomoo SG restricts crypto activation to selected users who are under 70 years old and have a valid Singapore address or nationality.

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Step 2: Transfer Funds

Go to "Accounts" > Select your crypto account > "Transfers" > Select your preferred currency > Enter Amount.

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Step 3: Start Trading

  1. After completing the above steps, return to the detailed quotes page and click on "Trade" again.

  2. Alternatively, you may go to your crypto account> Click on "Trade"> Enter the cryptocurrency symbol to start trading.

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What cryptocurrency pair can I trade?

Currently, the following pairs are supported:

  • SGD Trading Pair:

BTC/SGD, ETH/SGD, BCH/SGD, XRP/SGD, DOT/SGD, and ADA/SGD

  • USD Trading Pair:

BTC/USD, ETH/USD, BCH/USD, XRP/USD, DOT/USD, and ADA/USD

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Trading Hours:

  1. Cryptocurrency trading is available 7 days a week, 23 hours a day in SGT.

Session

Time

Trading Rules

Auction

8:00AM - 08:15AM SGT

Orders can be placed and cancelled. Orders will not be filled.

Trading Session

08:15AM - next day 07:00AM SGT

Orders can be placed and cancelled. Orders will be filled.

Market Close

07:00AM - 08:00AM SGT

No order can be placed and cancelled.

2. The cryptocurrency you buy can be sold on the same day, i.e., T+0, and there is no limitation on how frequent you can engage in intraday trading.

3. Generally, cash gained from selling crypto between 12AM - 7AM (SGT) may be withdrawn after 11AM (SGT) on the same day. Cash gained from selling between 8AM - 11:59PM (SGT) may be withdrawn after 11AM (SGT) on the next day.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy.

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