Summary: If you live in the United States and are looking for a regulated and beginner friendly exchange, we recommend using eToro and Uphold. Both of these platforms are regulated by FinCEN and are perfect to use for beginners who want to invest in 100s of digital assets. Most importantly, both eToro and Uphold offer more cryptocurrencies and lower fees than Webull. Get started today by signing up (only takes a few minutes) and you can then deposit money via bank or credit/debit card transfer.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
Webull offers a small range of 40 cryptocurrencies on its platform. This is made possible through their collaboration with software provider Apex Crypto.
Instead, we recommend signing up to much more versatile and beginner friendly platforms like eToro and Uphold.
While it is possible to buy crypto on the Webull platform, we recommend using two alternative platforms, Uphold and eToro.
Both companies offer a wider range of cryptocurrencies and lower trading fees.
They are also regulated in the United States by FinCEN and are safe to use.
You can open a free account in minutes and have your funds transferred either instantly via card transfer or within 1 business day via ACH transfer.
Once your funds have arrived, you can select from 100s of cryptocurrencies to buy like Bitcoin, Ethereum, Solana, Cosmos, Cardano, Polkadot and many others.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Bank account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Yes, trading cryptocurrencies like Bitcoin, Ethereum and others is possible on Webull.
The downside is that Webull only offers a small selection of cryptocurrencies and the trading fees are high.
Webull currently supports 40 cryptocurrencies on its platform. Below we have outlined a selection of the 10 most well know cryptocurrencies.
Webull charges a 100bps (1%) markup that is added to the price when you buy and sell a cryptocurrency. For example, if you want to buy 1 Bitcoin for $1,000, the price you would pay on Webull would be $1,010 and when you sell Bitcoin you would receive $990.
No, it is not possible to short cryptocurrencies on Webull.
Yes, Shiba Inu is available for purchase on the Webull platform. So is the leading memecoin, Dogecoin.
Webull is registered with the Securities and Exchange Commission (SEC) and regulated by the Financial Industry Regulatory Authority (FINRA).
Webull is also a member of SIPC which protects securities customers of its members with up to $500,000.
Webull is a financial services company founded in 2017 by co-founders Anthony Denier and Wang Anquan. Webull was created with the mission to create a better way for users to trade stocks, options, ETFs and other investment vehicles.
Webull offers zero-commission stock trading on its platform and users can select between 11 stock order types such as market order, stop order and stop-limit order.
Users can also access real-time market data, build a personalized portfolio and receive personalized stock recommendations.
Webull has developed a convenient feature called fractional shares that permits customers to buy a fractional share of a stock or ETF.
This is useful for customers who may not be able to afford the cost of a whole Microsoft share which at the time of writing costs $229.
With fractional shares, customers of Webull can start trading with as little as $5.
Webull has grown to become one of the largest online brokerages in the United States with over 11 million registered customers and 1 million daily active traders.
Webull is a Chinese owned company that has raised over $230 million since its inception.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
