Yes, you can trade cryptocurrency on Webull, but in 2026 you-ll do it through a separate app called Webull Pay. You can still see your overall balances inside the main Webull brokerage app, but crypto buying, selling, and transfers happen in Webull Pay.
This matters because the two-app setup affects everything, from where you place trades to how you fund your account and move coins to a private wallet. Once you understand that split, Webull is a straightforward option if you want stocks and crypto under the same brand, with pricing that-s easy to estimate and no per-trade commission.
Key Takeaways
- Separate Apps: While you can view your balance in the main Webull app, actual crypto trading occurs in the dedicated Webull Pay app.
- Cost Structure: Webull charges a 1% spread (100 basis points) on crypto trades rather than a flat per-trade commission.
- Asset Variety: Users have access over 50 digital assets, including Bitcoin, Ethereum, Solana, and Dogecoin.
- Transferability: Unlike some early-stage “closed-loop” brokers, Webull allows users to move supported crypto to external private wallets.
How Do You Start Trading Crypto on Webull?
You start by having an active Webull brokerage account, then enabling crypto trading so your crypto activity is handled through Webull Pay LLC. In practice, the mistake most people make is assuming their stock buying power or margin automatically works for crypto, it usually doesn-t.
To begin trading, you need “crypto buying power,” which generally means you-ve enabled crypto trading and funded with eligible, settled funds. As CoinSpot explains, margin buying power for stocks does not typically carry over to crypto, so you-ll be using settled cash or specific crypto-eligible funds to place trades.
There is generally no minimum deposit required to open the account, but the minimum trade amount is often as low as $1.
What Is the Difference Between Webull and Webull Pay?
Webull is for traditional securities like stocks, ETFs, and options, while Webull Pay is where crypto trading happens for U.S. users. What actually matters here is that you may see crypto-related balances in the main Webull experience, but the trade execution (buy/sell for coins) takes place inside Webull Pay.
Webull Pay is a specialized platform focused on the digital asset experience. It supports tracking coin prices, placing market and limit orders, and managing your crypto wallet.
The accounts are linked, so your net worth can reflect both sides, but the crypto controls live inside Webull Pay. The trade-off is an extra app, but it also helps Webull handle crypto under a structure aligned with different state and federal requirements.
Which Cryptocurrencies Are Supported on Webull?
Webull supports over 50 cryptocurrencies as of 2026, including major assets and popular altcoins. This matters if you want more than just Bitcoin and Ethereum without moving to a fully crypto-native exchange.
Webull has expanded its list to compete with top-rated crypto-native exchanges. According to the Webull FAQ, supported assets include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Dogecoin (DOGE).
By offering a broader selection than some other discount brokerages, Webull can work well for investors who want more variety without the added complexity of using a decentralized exchange.
What Are the Webull Crypto Trading Fees?
Webull-s crypto fee is effectively a 1% spread on trades, not a separate commission line item. When you buy, you pay about 1% above market, and when you sell, you receive about 1% below market.
Webull advertises “zero commission” trading, but it makes money on crypto through this spread markup, currently 100 basis points (1%) on either side of the trade. For high-volume traders, this can add up compared to platforms with tiered pricing, but many retail investors prefer the simplicity over “maker-taker” schedules.
For more context, see our comprehensive Webull review. A comparison from LOC.edu suggests that Webull-s fee structure remains highly competitive compared to Coinbase-s standard retail platform.
Can You Transfer Crypto Out of Webull to a Wallet?
Yes, Webull Pay lets you transfer supported cryptocurrencies to external wallets and other exchanges. This is a big shift from earlier “closed-loop” brokerage crypto, where you could trade price exposure but not actually move coins.
Users can now transfer supported cryptocurrencies from their Webull Pay account to external private wallets or other exchanges. If you want the mechanics, this guide covers how to move the coins.
This matters if you follow the “not your keys, not your coins” approach and prefer self-custody for long-term storage. Expect security verification steps and possible network fees (gas fees) when moving assets off-platform, which is standard across the industry.
How Secure Are Your Assets on Webull Pay?
Webull Pay uses common security controls like two-factor authentication (2FA) and cold storage for a large portion of user assets. Cold storage means private keys are kept offline, which reduces exposure to many online attacks.
It-s still important to understand the baseline risk: crypto is not insured like bank deposits (FDIC) or brokerage assets (SIPC). If the platform is compromised or an asset collapses in value, there-s no federal backstop.
Webull mitigates custody risk with institutional-grade solutions, but market risk and crypto-specific risks remain with you.
How Does Webull Compare to Coinbase and Robinhood?
Webull generally lands between Robinhood and Coinbase for most U.S. users, offering simpler pricing like Robinhood with a more broker-style trading experience. The trade-off is that Coinbase typically offers more coins and crypto-native features, while Webull may feel more familiar.
| Company | Trading Fee | Supported Coins | Learn More |
|---|---|---|---|
| Coinbase Exchange | $0.99 - 2.00% (Standard), 0.05% - 0.60% (Advanced Trade)
For transactions above $200 (standard account): 1.49% fee for using a bank account or USD wallet, 3.99% fee for using a debit or credit card. For Coinbase Advanced Trade: 0.60% for taker trades and 0.40% for maker trades. The more you trade, the lower the fees - can decrease to as low as 0% - 0.05%. |
+250 | Read Review |
| Kraken Exchange | 0.40% - 0.25%
0.40% for taker trades and 0.25% for maker trades. The more you trade, the lower the fees - can decrease to as low as 0% - 0.10%. Using GT tokens to pay trading fees offers a 10% discount |
+300 | Read Review |
| Gemini Crypto Exchange | $0.99 - 1.49% (Web & Mobile), 0.20% - 0.40% (Active Trader)
For Gemini’s website or mobile app users are charged 0.50% convenience fee For Active Trader, 0.40% for taker trades and 0.20% for maker trades. The more you trade, the lower the fees - can decrease to as low as 0% - 0.03%. |
+150 | Read Review |
- Webull vs. Robinhood: Both use a 1% spread and prioritize mobile usability. Webull typically offers more advanced charting and technical indicators, which can matter if you actively trade.
- Webull vs. Coinbase: Coinbase Exchange usually supports a larger range of assets and more “earn” programs, but casual-user fees can be higher. Webull can be more cost-effective if you already use it for stocks and want to keep accounts under one umbrella.
The Bottom Line
Trading crypto on Webull is a practical option for U.S. users who want a familiar brokerage brand and straightforward pricing, but you should expect to use the Webull Pay app for actual crypto trades. You get access to over 50 assets, a transparent 1% spread, and the ability to transfer supported coins to an external wallet.
If you already use Webull-s charting and trading tools, adding Webull Pay is a natural way to extend your setup into crypto.
