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Can I cancel my Moomoo account and use the funds to purchase Bitcoin or other cryptocurrencies directly?

avatarBunny BunnyDec 25, 2021 · 3 years ago3 answers

I have a Moomoo account and I'm wondering if it's possible to cancel my account and use the funds to buy Bitcoin or other cryptocurrencies directly. Can I withdraw the funds from my Moomoo account and transfer them to a cryptocurrency exchange to make the purchase?

Can I cancel my Moomoo account and use the funds to purchase Bitcoin or other cryptocurrencies directly?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, you can cancel your Moomoo account and use the funds to purchase Bitcoin or other cryptocurrencies directly. To do this, you will need to withdraw the funds from your Moomoo account and transfer them to a cryptocurrency exchange that supports the cryptocurrencies you want to buy. Once the funds are in the exchange, you can use them to make the purchase.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! If you no longer want to use your Moomoo account and would like to invest in Bitcoin or other cryptocurrencies, you can cancel your account and transfer the funds to a cryptocurrency exchange. From there, you can buy the cryptocurrencies of your choice.
  • avatarDec 25, 2021 · 3 years ago
    Yes, it is possible to cancel your Moomoo account and use the funds to purchase Bitcoin or other cryptocurrencies directly. However, please note that BYDFi, a popular cryptocurrency exchange, does not support direct transfers from Moomoo accounts. You will need to withdraw the funds from your Moomoo account and transfer them to another exchange that supports the cryptocurrencies you want to buy. Once the funds are in the new exchange, you can proceed with the purchase.