Can You Trade Crypto on Webull? Full Guide for 2024

Webull has become a household name among retail investors looking for a sleek, commission‑free platform for stocks, options, and ETFs. In recent years, the appetite for digital assets has surged, prompting many brokers to dip their toes into the crypto market. Naturally, the question on every trader’s mind is: can you trade crypto on Webull?

The short answer is yes—Webull does offer a way to buy, sell, and hold a handful of major cryptocurrencies directly from its app. But the devil is in the details. From the types of coins supported to the fee structure and the tools available, there’s a lot to unpack before you decide whether Webull is the right playground for your digital‑currency strategies.

In this guide we’ll walk through everything you need to know about trading crypto on Webull, compare it with other popular platforms, and share practical tips to help you navigate the volatile world of crypto with confidence. Whether you’re a seasoned trader or just dipping your toes into Bitcoin and beyond, the insights below will give you a clear picture of what Webull brings to the table.

can you trade crypto on Webull – the basics

Webull’s crypto offering is relatively new compared to dedicated exchanges like Coinbase or Binance, but it’s built on the same core premise: give investors a simple, low‑cost way to gain exposure to digital assets without leaving the familiar trading environment. Currently, Webull supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Ripple (XRP). These are the most liquid and widely recognized coins, which helps keep spreads tighter and execution faster.

To answer the headline question—can you trade crypto on Webull—the platform indeed allows you to place market and limit orders for the supported cryptocurrencies. However, unlike some exchanges, Webull does not offer futures, margin, or options on crypto, so your exposure is limited to outright buying and selling.

can you trade crypto on Webull – account setup and eligibility

Getting started is straightforward. First, you need a Webull account that’s fully verified, which means providing a government‑issued ID and linking a bank account for funding. Once your account is active, you’ll find the crypto section under the “Trade” tab. If you’re a U.S. resident, you’ll be eligible to trade the supported assets; non‑U.S. users may face restrictions depending on local regulations.

It’s worth noting that Webull treats crypto as a “non‑margin” product, so you can’t use borrowed funds to amplify your positions. This design reduces risk, especially for newcomers who might otherwise overextend themselves in a market known for sharp price swings.

can you trade crypto on Webull – supported cryptocurrencies

While the list of available coins is modest, it covers the heavy‑weights that dominate market cap and trading volume. Here’s a quick snapshot:

• Bitcoin (BTC) – the original and most valuable cryptocurrency.
• Ethereum (ETH) – the leading smart‑contract platform.
• Litecoin (LTC) – often called “silver to Bitcoin’s gold.”
• Bitcoin Cash (BCH) – a fork of Bitcoin with larger block sizes.
• Ripple (XRP) – focused on cross‑border payments.

If you’re hoping to trade altcoins beyond these five, Webull isn’t the place for you right now. That said, the platform frequently updates its offerings, so keep an eye on announcements if you need exposure to newer projects.

can you trade crypto on Webull – fees and commissions

One of Webull’s biggest selling points is its zero‑commission model for crypto trades. You won’t see a per‑trade fee like you would on many traditional brokers. However, there is a spread—the difference between the bid and ask price—that can be slightly wider than on dedicated crypto exchanges. In practice, this means you’ll pay a small implicit cost when you buy or sell.

Additionally, if you withdraw crypto to an external wallet (a feature Webull recently added), there may be a network fee that reflects the underlying blockchain’s transaction cost. For most casual traders, the overall cost remains competitive, especially when compared with the higher fees charged by some “crypto‑only” platforms.

can you trade crypto on Webull – trading tools and platform features

Webull shines when it comes to charting and technical analysis. The app includes a robust suite of indicators, drawing tools, and real‑time market data that applies equally to stocks and crypto. You can set price alerts, use trailing stops, and even create custom watchlists that blend fiat‑denominated assets with digital currencies.

One limitation worth mentioning is that Webull does not currently support advanced order types like stop‑limit orders for crypto, only basic market and limit orders. If you rely heavily on sophisticated execution strategies, you may find this restrictive.

can you trade crypto on Webull – safety and regulation

Regulatory compliance is a key concern for crypto investors. Webull operates under the oversight of the U.S. Securities and Exchange Commission (SEC) and is a member of FINRA. For crypto, the platform partners with reputable custodians to hold the underlying assets, meaning your coins are not stored in a personal wallet by default.

This custodial approach adds a layer of protection against hacking, but it also means you don’t have direct control of private keys. If you prefer full sovereignty over your crypto, you might opt to transfer your holdings to a non‑custodial wallet—just be aware of the network fees associated with such withdrawals.

How Webull stacks up against other brokers

If you’re still on the fence, it helps to compare Webull with platforms that also blend traditional and crypto trading. For example, Can You Trade Crypto on Thinkorswim? Everything You Need to Know outlines how Thinkorswim offers a more extensive suite of derivatives on crypto, though it requires a more complex account setup. Meanwhile, Can You Buy Crypto on Moomoo? A Complete Guide highlights Moomoo’s slightly broader selection of altcoins but similar fee structures.

In a nutshell, Webull wins on user‑friendly design, zero commission, and strong charting tools, while Thinkorswim and Moomoo may appeal to traders seeking a larger menu of crypto products or deeper integration with futures markets.

Practical tips for trading crypto on Webull

• Start small. Because crypto can swing 10%+ in a single day, consider allocating only a modest portion of your portfolio.
• Use limit orders. Given the spread, a limit order helps you avoid overpaying on the ask side.
• Set alerts. Webull’s price‑alert feature is invaluable for catching breakout moments without staring at the screen.
• Combine analysis. Pair Webull’s technical charts with fundamental news—regulatory updates, network upgrades, or major partnership announcements can drive price action.
• Secure your holdings. If you plan to hold crypto long‑term, transfer a portion to a hardware wallet after the mandatory holding period on Webull.

Common pitfalls and how to avoid them

Even with a user‑friendly platform, new crypto traders often stumble over a few recurring issues. Here’s a quick checklist to keep you on track:

• Ignoring spreads. A wider spread can erode profits, especially on low‑liquidity coins. Stick to the five major assets Webull supports.
• Over‑leveraging. Because Webull doesn’t allow margin on crypto, you can’t accidentally over‑leverage, but you can still over‑expose your portfolio by allocating too much capital.
• Failing to tax‑track. Crypto trades are taxable events in the U.S. Keep a record of each transaction; Webull’s statements can be exported for tax software.
• Neglecting security. Enable two‑factor authentication (2FA) and consider moving long‑term holdings off‑exchange.

By staying aware of these traps, you’ll be better positioned to enjoy the upside potential of digital assets while keeping risk in check.

Overall, the answer to the headline question—can you trade crypto on Webull—is a confident yes, albeit with some limitations. The platform delivers a clean, commission‑free experience that integrates seamlessly with your existing stock and options workflow. If you’re already a Webull user, adding crypto to your arsenal is as simple as toggling a new tab. If you’re still exploring options, weigh the trade‑offs: a smaller selection of coins versus a powerful charting suite and a trusted regulatory backdrop.

As the crypto landscape continues to evolve, Webull is likely to expand its offerings, perhaps adding futures or more altcoins down the line. Until then, treat the platform as a solid entry point for mainstream digital currencies, and use the tips above to craft a disciplined, data‑driven trading plan.