diff --git a/packages/tradershub/src/hooks/__tests__/useCurrencies.spec.ts b/packages/tradershub/src/hooks/__tests__/useCurrencies.spec.ts
new file mode 100644
index 000000000000..a99374c8f048
--- /dev/null
+++ b/packages/tradershub/src/hooks/__tests__/useCurrencies.spec.ts
@@ -0,0 +1,153 @@
+import { useAuthorize, useLandingCompany, useQuery } from '@deriv/api-v2';
+import { renderHook } from '@testing-library/react-hooks';
+import useCurrencies from '../useCurrencies';
+import useRegulationFlags from '../useRegulationFlags';
+
+jest.mock('@deriv/api-v2', () => ({
+    useAuthorize: jest.fn(),
+    useQuery: jest.fn(),
+    useLandingCompany: jest.fn(),
+}));
+
+jest.mock('../useRegulationFlags', () => ({
+    __esModule: true,
+    default: jest.fn(),
+}));
+
+describe('useCurrencies', () => {
+    const mockAuthorizeData = {
+        account_list: [{ currency: 'USD' }, { currency: 'EUR' }],
+        currency: 'USD',
+    };
+
+    const mockWebsiteStatusData = {
+        website_status: {
+            currencies_config: {
+                USD: { type: 'fiat' },
+                EUR: { type: 'fiat' },
+                BTC: { type: 'crypto' },
+                ETH: { type: 'crypto' },
+            },
+        },
+    };
+
+    const mockLandingCompanyData = {
+        gaming_company: {
+            legal_allowed_currencies: ['USD', 'EUR'],
+        },
+        financial_company: {
+            legal_allowed_currencies: ['USD', 'EUR'],
+        },
+    };
+
+    beforeEach(() => {
+        (useAuthorize as jest.Mock).mockReturnValue({
+            data: mockAuthorizeData,
+            isLoading: false,
+            isSuccess: true,
+        });
+        (useQuery as jest.Mock).mockReturnValue({
+            data: mockWebsiteStatusData,
+            isLoading: false,
+        });
+        (useLandingCompany as jest.Mock).mockReturnValue({
+            data: mockLandingCompanyData,
+            isLoading: false,
+        });
+        (useRegulationFlags as jest.Mock).mockReturnValue({ isNonEU: true });
+    });
+
+    it('should return currency data based on dependencies', () => {
+        (useRegulationFlags as jest.Mock).mockReturnValue({ isNonEU: false });
+        const { result } = renderHook(() => useCurrencies());
+
+        expect(result.current.data).toEqual({
+            FIAT: [
+                { type: 'fiat', id: 'USD', isAdded: true },
+                { type: 'fiat', id: 'EUR', isAdded: true },
+            ],
+            CRYPTO: [],
+        });
+
+        expect(result.current.isLoading).toBeFalsy();
+        expect(result.current.currentAccountCurrencyConfig).toBeDefined();
+        expect(result.current.currentAccountCurrencyConfig?.id).toEqual('USD');
+
+        expect(result.current.addedFiatCurrency).toBeDefined();
+        expect(result.current.addedFiatCurrency?.id).toEqual('USD');
+    });
+
+    it('should return true for allCryptoCurrenciesAreAdded when all crypto currencies are added to the account list', () => {
+        const mockAuthorizeDataWithCrypto = {
+            ...mockAuthorizeData,
+            account_list: [
+                ...mockAuthorizeData.account_list,
+                { currency: 'BTC' }, // Add BTC account to simulate all crypto currencies added
+            ],
+        };
+        (useAuthorize as jest.Mock).mockReturnValue({
+            data: mockAuthorizeDataWithCrypto,
+            isLoading: false,
+            isSuccess: true,
+        });
+        const { result } = renderHook(() => useCurrencies());
+        expect(result.current.allCryptoCurrenciesAreAdded).toBeTruthy();
+    });
+
+    it('should return undefined for currentAccountCurrencyConfig when authorizeData.currency is not set', () => {
+        const mockAuthorizeDataWithoutCurrency = {
+            ...mockAuthorizeData,
+            currency: undefined,
+        };
+        (useAuthorize as jest.Mock).mockReturnValue({
+            data: mockAuthorizeDataWithoutCurrency,
+            isLoading: false,
+            isSuccess: true,
+        });
+        const { result } = renderHook(() => useCurrencies());
+        expect(result.current.currentAccountCurrencyConfig).toBeUndefined();
+    });
+
+    it('should return undefined for addedFiatCurrency when no fiat currency is added to the account list', () => {
+        const mockAuthorizeDataWithoutFiat = {
+            ...mockAuthorizeData,
+            account_list: [
+                { currency: 'BTC' }, // Add BTC account to simulate no fiat currency added
+            ],
+        };
+        (useAuthorize as jest.Mock).mockReturnValue({
+            data: mockAuthorizeDataWithoutFiat,
+            isLoading: false,
+            isSuccess: true,
+        });
+        (useLandingCompany as jest.Mock).mockReturnValue({
+            data: {
+                gaming_company: {
+                    legal_allowed_currencies: ['USD', 'EUR', 'BTC', 'ETH'],
+                },
+            },
+            isLoading: false,
+        });
+        const { result } = renderHook(() => useCurrencies());
+        expect(result.current.addedFiatCurrency).toBeUndefined();
+    });
+
+    it('should return true for isLoading when at least one hook is in loading state', () => {
+        (useAuthorize as jest.Mock).mockReturnValue({
+            data: mockAuthorizeData,
+            isLoading: true,
+            isSuccess: false,
+        });
+        (useLandingCompany as jest.Mock).mockReturnValue({
+            data: null,
+            isLoading: true,
+        });
+        (useQuery as jest.Mock).mockReturnValue({
+            data: null,
+            isLoading: true,
+        });
+        const { result } = renderHook(() => useCurrencies());
+        expect(result.current.isLoading).toBeTruthy();
+        expect(result.current.data).toBeUndefined();
+    });
+});