Webull cryptocurrency trading interface showing Bitcoin and other digital assets

Can You Trade Crypto on Webull? Complete Guide to Webull Cryptocurrency Trading

With cryptocurrency becoming mainstream, many investors wonder if they can trade digital assets on their favorite platforms. If you're a Webull user curious about crypto trading, you're in the right place. This comprehensive guide covers everything you need to know about trading cryptocurrency on Webull, from supported coins to fees and features.

Quick Answer: Webull Crypto Trading

Yes, you can trade cryptocurrency on Webull! The platform supports popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin with commission-free trading. However, Webull doesn't support crypto withdrawals to external wallets - you can only buy, sell, and hold crypto within the platform.

Key Features: 24/7 trading, no commission fees, real-time market data, and integration with your existing Webull stock portfolio.

Track Your Investment Portfolio

Join MarketPlays to monitor your stocks, ETFs, and investment strategies with advanced analytics and community insights from experienced investors.

Join MarketPlays Free

What Is Webull?

Webull is a commission-free online brokerage platform that has gained popularity among retail investors for its user-friendly mobile app and comprehensive trading tools. Founded in 2017, Webull offers:

  • Commission-free stock and ETF trading
  • Advanced charting and technical analysis tools
  • Extended trading hours (4 AM to 8 PM ET)
  • Options trading with competitive pricing
  • Fractional shares for expensive stocks
  • Cryptocurrency trading (our focus today)

The platform is regulated by the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC), providing investor protection up to $500,000.

Security & Regulation

  • SEC regulated brokerage
  • FINRA member
  • SIPC protection up to $500,000
  • Two-factor authentication
  • Biometric login options

Platform Features

  • Mobile-first design
  • Advanced charting tools
  • Real-time market data
  • Paper trading simulator
  • Educational resources

Webull Cryptocurrency Features

Webull's cryptocurrency trading functionality is integrated directly into their main platform, allowing you to manage both traditional investments and digital assets from a single account. Here are the key features:

24/7 Trading

Unlike stock markets that operate during specific hours, cryptocurrency markets never close. Webull allows you to trade crypto 24 hours a day, 7 days a week, including weekends and holidays. This gives you the flexibility to react to market movements whenever they occur.

Commission-Free Trading

Webull doesn't charge commission fees for cryptocurrency trades. However, like most platforms, there are spreads between the bid and ask prices, which is how the platform generates revenue from crypto trading.

Real-Time Market Data

The platform provides real-time cryptocurrency prices, charts, and market data. You can view detailed price charts with various timeframes and technical indicators to help inform your trading decisions.

Portfolio Integration

Your cryptocurrency holdings are displayed alongside your stock and ETF positions in your main portfolio view, giving you a comprehensive overview of your entire investment portfolio.

Want Advanced Portfolio Analytics?

MarketPlays offers sophisticated portfolio tracking with risk analysis, performance metrics, and community insights that go beyond basic brokerage tools.

Explore Portfolio Tools

Supported Cryptocurrencies

Webull supports a selection of major cryptocurrencies, though the list is more limited compared to dedicated crypto exchanges. As of 2025, supported cryptocurrencies include:

CryptocurrencySymbolMarket Cap RankDescription
BitcoinBTC#1The original and largest cryptocurrency by market cap
EthereumETH#2Smart contract platform and second-largest crypto
LitecoinLTCTop 20Faster, lighter version of Bitcoin
Bitcoin CashBCHTop 30Bitcoin fork focused on faster transactions
Ethereum ClassicETCTop 50Original Ethereum blockchain
ZcashZECTop 100Privacy-focused cryptocurrency
ChainlinkLINKTop 20Decentralized oracle network

Limited Selection

Webull's cryptocurrency selection is more limited than dedicated crypto exchanges like Coinbase or Binance. If you're interested in altcoins or newer cryptocurrencies, you may need to use a specialized crypto platform.


How to Trade Crypto on Webull

Trading cryptocurrency on Webull is straightforward and similar to trading stocks. Here's a step-by-step guide:

Step 1: Enable Crypto Trading

First, you'll need to enable cryptocurrency trading on your Webull account. This typically involves:

  • Agreeing to additional terms and conditions
  • Confirming your identity (if not already done)
  • Acknowledging the risks associated with cryptocurrency trading

Step 2: Fund Your Account

Ensure your Webull account has sufficient buying power. You can fund your account through:

  • Bank transfer (ACH)
  • Wire transfer
  • Check deposit (mobile)

Step 3: Navigate to Crypto Section

In the Webull app, navigate to the cryptocurrency section. You can usually find this in the main menu or by searching for specific cryptocurrencies.

Step 4: Place Your Order

Select the cryptocurrency you want to trade and choose your order type:

  • Market Order: Buy/sell immediately at current market price
  • Limit Order: Set a specific price at which you want to buy/sell

Step 5: Review and Confirm

Review your order details, including the amount, price, and any applicable fees, then confirm your trade.

Learn Advanced Trading Strategies

Join MarketPlays to access educational content, trading strategies, and connect with experienced stock and options traders in our community.

Join Trading Community

Webull Crypto Fees and Costs

Understanding the cost structure is crucial for any trading platform. Here's what you need to know about Webull's cryptocurrency fees:

Fee TypeWebull CryptoNotes
Trading Commission$0No commission fees for buying/selling
SpreadVariableDifference between bid/ask prices
Account Minimum$0No minimum balance required
Withdrawal FeesN/ACrypto withdrawals not supported
Network FeesN/ANot applicable (no external transfers)

Understanding Spreads

While Webull doesn't charge explicit trading fees, they make money through spreads - the difference between the bid (selling) price and ask (buying) price. This spread can vary based on:

  • Market volatility
  • Trading volume
  • Time of day
  • Specific cryptocurrency

Pros and Cons of Webull Crypto Trading

Pros

  • Commission-free trading
  • 24/7 market access
  • Integrated with stock portfolio
  • User-friendly mobile app
  • Real-time market data
  • No minimum balance
  • Regulated platform

Cons

  • Limited cryptocurrency selection
  • No crypto withdrawals
  • Spreads can be wide
  • No staking rewards
  • Limited advanced crypto features
  • No DeFi integration

Webull vs Other Crypto Platforms

How does Webull compare to other popular cryptocurrency trading platforms? Here's a comparison:

FeatureWebullCoinbaseRobinhoodBinance.US
Crypto Selection7+ coins200+ coins15+ coins150+ coins
Trading Fees0% commission0.5-4% spread0% commission0.1% trading fee
Crypto WithdrawalsNoYesNoYes
Stock TradingYesNoYesNo
Advanced FeaturesBasicAdvancedBasicAdvanced

Compare Investment Platforms

MarketPlays helps you track performance across multiple brokerages and investment platforms. See which platforms work best for your investment strategy.

Compare Platforms

Should You Use Webull for Crypto Trading?

Whether Webull is right for your cryptocurrency trading depends on your specific needs and trading style. Here's who should consider Webull for crypto:

Webull Crypto Is Good For:

  • Existing Webull users who want to add crypto to their portfolio
  • Beginners who prefer a simple, integrated platform
  • Long-term holders who don't need to withdraw crypto
  • Casual traders focused on major cryptocurrencies
  • Portfolio diversifiers adding crypto alongside stocks

Consider Other Platforms If You:

  • Want to trade a wide variety of altcoins
  • Need to withdraw crypto to external wallets
  • Want advanced crypto features like staking or DeFi
  • Prefer lower trading costs for high-volume trading
  • Need advanced charting tools specific to crypto

Best Practices for Crypto Trading on Webull

  • Start small: Begin with small amounts to understand the platform
  • Monitor spreads: Check bid-ask spreads before placing orders
  • Use limit orders: Avoid market orders during high volatility
  • Diversify: Don't put all your crypto investments in one coin
  • Stay informed: Keep up with crypto news and market trends

Stay Informed with MarketPlays

Get the latest stock market insights, analysis, and community discussions. Join thousands of investors making smarter decisions together.

Join MarketPlays Community

Frequently Asked Questions

Can you trade cryptocurrency on Webull?

Yes, Webull supports cryptocurrency trading. You can buy, sell, and hold popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others directly through the Webull app with commission-free trading.

What cryptocurrencies can you trade on Webull?

Webull supports major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Zcash (ZEC), Chainlink (LINK), and several others. The platform regularly adds new supported cryptocurrencies.

Are there fees for crypto trading on Webull?

Webull offers commission-free cryptocurrency trading, meaning no trading fees. However, there are spreads between bid and ask prices, and potential network fees for crypto transfers. Always check current fee structures as they may change.

What are Webull crypto trading hours?

Cryptocurrency trading on Webull is available 24/7, including weekends and holidays. This is one of the major advantages of crypto trading compared to traditional stock market hours.

Can you withdraw cryptocurrency from Webull?

Currently, Webull does not support cryptocurrency withdrawals to external wallets. You can only buy, sell, and hold crypto within the Webull platform. If you need to transfer crypto to external wallets, consider other platforms that support withdrawals.

Is Webull safe for cryptocurrency trading?

Webull is a regulated brokerage platform that's a member of FINRA and provides SIPC protection. While this doesn't specifically cover cryptocurrency holdings, the platform uses industry-standard security measures including encryption and two-factor authentication.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Cryptocurrency trading involves significant risk and may not be suitable for all investors. Always do your own research and consider consulting with a financial advisor before making investment decisions.

Ready to Start Your Investment Journey?

Join MarketPlays today to track your investments, learn from experienced traders, and make informed decisions about stocks, ETFs, and options.

Get Started Free

Comments (0)

?
No comments yet

Be the first to share your thoughts!