Buy Crypto with Webull

Buy Crypto with Webull

Dylan Matthews
Fact Checked
Aug 23, 2022

Summary: Webull is a popular 0 commission trading platform that offers thousands of Stocks and 44 different Cryptocurrencies. While their trading fees are 0% - the Webull Crypto exchange charges a hidden 100 basis point (1%). This makes them one of the most expensive ways to invest in digital assets in America.

If you are looking for an alternative multi-asset brokerage, you can sign up for eToro which offers 0 fees, tighter spreads and 80 cryptocurrencies to buy and sell.

Table of Contents

Platform Highlights

  • Trade 80+ Cryptos & 8,000+ Stocks, ETFs and more.
  • 0% Commissions and Tight Spreads on Crypto & Stocks.
  • Licensed and Regulated Trading Platform in the USA.

Can I buy Crypto with Webull?

Yes, the Webull trading platform offers over 44 different cryptocurrencies which include Bitcoin, Ethereum, Solana, Dogecoin, Shiba Inu, Avalanche, Uniswap and many others. The Webull Crypto app also supports native wallet functionality, which enables users to safely store or withdraw their assets from the platform.

Unlike traditional stocks, the cryptocurrencies on Webull are available to trade 24/7 for customers in the United States, including New York.

Webull Crypto

Webull Fees

Webull Crypto currently charges $0 upfront trading fees on all 44 cryptocurrencies listed on their platform. That said, they do charge a 1% stealth fee that is in the 'Spread' of the cryptocurrency's buy and sell price. For more information, read the Webull fee schedule.

This makes Webull one of the most expensive digital asset exchanges in America, with Coinbase Pro and Robinhood Crypto being the only other US exchanges charging a similar fee.

Can I Stake Crypto on Webull?

No, the Webull Crypto app does not offer any staking solutions on their platform. This means you cannot deposit tokens like Ethereum (ETH) or USD Coin (USDC) to earn interest like you can on other exchanges. Alternative platforms like eToro offer staking solutions, as well as cryptocurrencies and stocks - you can read more in our eToro vs Webull comparison.

Webull Crypto Wallet

Webull currently has a Crypto Wallet that is in beta. This wallet allows you to store Bitcoin (BTC), Litecoin (LTC) and Bitcoin Cash (BCH) only. They do intend to add more wallets over time as they become more comfortable with the technology and continue to improve the produce.

About Webull

Webull is a commission-free online brokerage that offers investors access to stock, ETFs, options, and cryptocurrency trading. Webull is headquartered in New York City and was founded in 2017.

The company's mission is to level the playing field for all investors. They offer commission-free trading with no account minimums, and they provide powerful tools and resources that are typically only available to institutional investors.

Webull offers a mobile app for iOS and Android, as well as a desktop platform. The mobile app is intuitive and easy to use. The desktop platform is geared towards more experienced investors and offers more in-depth analysis and research tools.

Webull is a member of SIPC and FINRA, and all of their accounts are protected up to $500,000. They are also licensed and regulated by the SEC and the FINRA. Webull's customer support is excellent. They offer 24/7 live chat, email support, and phone support. They also have an extensive FAQ section on their website.

Overall, Webull is a great choice for investors of all experience levels who are looking for a commission-free online brokerage. They offer a mobile app and a desktop platform, as well as excellent customer support.

Dylan Matthews

I am the Founder & CEO of Buy Bitcoin Bank and was previously an engineer for a Prop trading firm in Crypto.

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