Buy Crypto with Webull

Buy Crypto with Webull

Summary: Webull does offer crypto assets to buy, sell and trade on their platform. However, they only have 44 cryptocurrencies and charge a 1% fee in the spread of their prices. This makes Webull one of the most expensive ways to buy cryptocurrencies in the USA.

We recommend using an alternative broker that specializes in digital assets and is regulated by FinCEN in the United States. Our top pick for users looking to get started quickly is Uphold because they offer 250+ cryptos to buy, sell and stake with 0 fees and tighter spreads.

Table of Contents

Best Webull Crypto Alternative

Platform Highlights

  • Fast and cheap USD deposits via ACH Transfer, Debit Card or Credit Card to trade 250+ Cryptos.
  • Regulated in the USA by FinCEN and has audited Proof-of-Reserves for customer funds.
  • Trusted by over 10 million investors in the United States.
Uphold - Webull Alternative
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Audited Proof of Reserves
Audited Proof of Reserves

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.

One thing to note is that Webull does not currently offer cryptocurrency staking services. This means you cannot stake assets like ETH, SOL or NEAR to earn protocol rewards.

Buy Crypto with Webull
Webull App: Trade Cryptos with $1.

What are Webull's Crypto 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.

What is the Best Webull Crypto Alternative?

The best  alternative to Webull Crypto is Uphold. Uphold is a FinCEN regulated digital asset broker based in the USA that offers more than 250 cryptocurrencies to buy, sell and stake with lower fees and tighter spreads. Uphold also has native wallet functionality allowing users to safely store or withdraw their crypto assets from the platform.

You can get started in 4 simple steps with our guide:

  1. Sign Up: Create an account on Uphold and complete your verification (personal or company).
  2. Connect Account: Select the currency you want deposit on Uphold (USD + 30 more).
  3. Deposit Funds: Connect your US Bank account or Debit/Credit Card to quickly deposit your selected fiat currency.
  4. Buy Crypto: The final step is to find the crypto you want to buy and execute your trade.
Best Webull Alternative - Uphold.

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.

Final Thoughts

Webull is a great platform for investors who are new to the stock market, as well as experienced traders. It offers commission-free trading with no account minimums, and powerful tools and resources that are typically only available to institutional investors.

However, Webull does not offer cryptocurrency staking services and charges a high 1% fee in the spread of cryptocurrencies. For a better alternative, we recommend Uphold which offers more assets, crypto staking services and is trusted by over 10 million users in the USA.

Dylan Matthews

Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.

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