Yes, you can buy crypto on Webull. The platform supports popular digital assets like Bitcoin (BTC) and Ethereum (ETH), making it a convenient choice for investors looking to enter the cryptocurrency market. Webull has built a strong reputation for its zero-commission trading, advanced tools, and intuitive interface—features that now extend to its crypto offerings.
Whether you're a beginner or an experienced trader, Webull provides a seamless way to buy, sell, and monitor cryptocurrencies alongside traditional investments like stocks and ETFs. In this guide, we’ll walk you through everything you need to know about buying and managing crypto on Webull.
Introduction to Crypto Trading on Webull
Webull is widely recognized for its powerful stock trading capabilities, but it also offers cryptocurrency trading—a feature that has attracted growing interest. Unlike traditional crypto exchanges, Webull integrates digital assets directly into its investment platform, allowing users to manage both stocks and crypto in one place.
This integration makes Webull an appealing option for investors who want a unified trading experience. With real-time price data, advanced charting tools, and no trading commissions, the platform delivers value across asset classes.
👉 Discover how easy it is to start trading crypto today.
Setting Up Your Webull Account
Before you can buy crypto on Webull, you’ll need to create and verify your account. The process is simple and designed for quick onboarding.
Step 1: Account Registration
Visit the Webull website or download the mobile app. Tap “Sign Up” and provide your email address and a secure password. After registration, check your inbox for a verification email and click the link to activate your account.
Step 2: Identity Verification
To comply with financial regulations, Webull requires identity verification. You’ll need to submit:
- Full legal name
- Date of birth
- Residential address
- A clear photo of a government-issued ID (e.g., driver’s license or passport)
- A selfie for facial verification
Verification is typically completed within minutes, though it may take up to 24 hours in some cases.
Step 3: Link Your Bank Account
Navigate to the “Account” section and select “Bank Account.” Enter your bank’s routing number and account number to link via ACH transfer. Once connected, you can deposit funds and begin trading.
Funding Your Webull Account
To buy cryptocurrency, you must first fund your account. Webull supports two primary deposit methods:
Bank Transfer (ACH)
- Minimum Deposit: $0
- Processing Time: 1–3 business days
- Best For: Most users due to ease and no minimum requirement
Wire Transfer
- Minimum Deposit: $50
- Processing Time: 1 business day
- Best For: Larger deposits
ACH transfers are free and ideal for regular investors. Wire transfers may incur fees from your bank but are faster and suitable for larger amounts.
Navigating the Webull Platform
Webull’s interface is clean, intuitive, and packed with tools that benefit both new and experienced traders.
Key Features of the Dashboard
- Watchlist: Monitor your favorite cryptocurrencies.
- Markets: Access real-time data across asset classes.
- Trade: Execute buy/sell orders with ease.
- Messages: Stay updated on account activity and market news.
The top navigation bar includes search functionality and account settings, while the left sidebar provides quick access to core features.
Advanced Tools for Smarter Trading
Webull enhances your trading experience with several powerful tools:
- Real-Time Market Data: Make informed decisions with live pricing.
- Advanced Charting Tools: Use technical indicators like RSI, MACD, and moving averages.
- Paper Trading: Practice strategies risk-free with virtual funds.
- Custom Price Alerts: Get notified when a cryptocurrency hits your target price.
- Educational Resources: Learn through tutorials, articles, and market analysis.
These features help you stay ahead in the fast-moving crypto market.
👉 Explore advanced trading tools that can boost your strategy.
How to Buy Cryptocurrency on Webull
Buying crypto on Webull is straightforward. Follow these steps:
- Open the Webull app or website and log in.
- Tap the “Cryptos” tab on the dashboard.
Browse available cryptocurrencies such as:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Dogecoin (DOGE)
- Use the search bar to find a specific coin.
- Select the cryptocurrency you want to buy.
- Click “Trade” and enter the dollar amount or quantity.
Choose between:
- Market Order: Buy instantly at current price.
- Limit Order: Set a specific price for purchase.
- Review your order and confirm.
Your transaction will process immediately (for market orders), and the asset will appear in your portfolio.
Managing Your Crypto Portfolio
Effective portfolio management is key to long-term success in crypto investing.
Track Performance in Real Time
Webull displays your crypto holdings with up-to-date valuations, gains, and losses. Interactive charts help visualize price trends over time, while the history feature lets you review past trades and performance.
Set Custom Alerts
Stay proactive by setting price alerts. For example:
- Get notified when Bitcoin exceeds $70,000.
- Receive an alert if Ethereum drops below $3,000.
These alerts empower you to react quickly to market movements without constant monitoring.
Security Measures on Webull
Security is a top priority when dealing with digital assets.
Two-Factor Authentication (2FA)
Enable 2FA in your account settings. This requires:
- Your password
- A time-based code from an authenticator app or SMS
This dual-layer protection significantly reduces the risk of unauthorized access.
Cold Storage for Crypto Assets
Webull stores the majority of customer crypto assets in cold storage—offline wallets that are inaccessible to hackers. This greatly enhances security, especially for long-term holdings.
Fees and Charges
Understanding costs helps maximize returns.
Transaction Fees
Webull charges a small convenience fee per trade:
- Up to $100: 1% fee
- $100–$1,000: 0.5% fee
- Over $1,000: 0.25% fee
For example, buying $500 of Ethereum incurs a $2.50 fee.
Other Potential Costs
- Spreads: The difference between bid and ask prices.
- Withdrawal Fees: May apply when transferring funds out.
- Inactivity Fees: Rare, but possible after prolonged non-use.
Always review the fee schedule to avoid surprises.
Pros and Cons of Buying Crypto on Webull
Advantages
- Zero-commission trades
- Integrated stock and crypto trading
- Advanced charting and research tools
- Educational content for beginners
- Strong security protocols
Disadvantages
- Limited number of available cryptocurrencies
- No self-custody wallet (you don’t hold private keys)
- Cannot transfer crypto off-platform
- No staking or earning features
Frequently Asked Questions
Can I withdraw crypto from Webull?
No, Webull does not support crypto withdrawals. You can only buy, sell, and hold digital assets within the platform.
Is Webull safe for crypto investing?
Yes. Webull uses encryption, 2FA, and cold storage to protect user assets.
Does Webull offer crypto staking?
Currently, Webull does not offer staking or interest-earning programs for crypto holdings.
What cryptocurrencies are available on Webull?
Webull supports major coins including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE).
Are there any hidden fees?
No hidden fees. All transaction costs are clearly displayed before you confirm a trade.
Can I use Webull’s paper trading for crypto?
Yes. You can practice crypto trading with virtual funds using Webull’s paper trading feature.
👉 Start practicing with virtual funds and build confidence risk-free.
Final Thoughts
Buying crypto on Webull is a convenient, secure, and cost-effective way to add digital assets to your investment portfolio. With zero commissions, real-time data, and powerful analytical tools, the platform caters well to both new and seasoned investors.
While it lacks certain features like crypto withdrawals and staking, its integration with traditional investing makes it a compelling choice for those already using Webull for stocks.
Stay informed, manage risk wisely, and use the tools at your disposal to make strategic decisions in the evolving world of cryptocurrency.
Happy investing!