Moomoo announces the launch of Monad (MON) token trading

Global investment platform Moomoo announced on November 24 that it has officially launched trading services for the Monad (MON) token for its users.

It is reported that Moomoo launched trading support on the same day that the MON token became publicly available. Users can trade MON and other crypto assets on the platform with zero commission, only paying a transparent fee of 0.49%.

The platform has set the minimum threshold for cryptocurrency trading at $1, significantly lower than the $100 minimum participation amount for the initial token offering of MON, allowing more users to participate easily.

Moomoo's U.S. CEO Neil McDonald stated that this launch not only provides timely participation opportunities for seasoned crypto investors but also opens new investment channels for traditional asset holders, balancing transparency and affordability.