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Can I Buy and Sell Crypto On Webull?
Yes, you can buy and sell cryptocurrencies on Webull through its dedicated Webull Pay platform.
Webull supports a variety of popular digital assets, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), and Shiba Inu (SHIB).
How to Buy Bitcoin, Ethereum, and Cryptos on Webull
Webull makes it easy to trade popular cryptocurrencies like Bitcoin, Ethereum, and Solana—all within the same app you use for stocks and ETF
This guide walks through each step, from researching a coin to placing a trade, using features built for beginner and intermediate investors.
1. Choose and Explore the Cryptocurrency
Before buying any crypto on Webull, take time to understand the project and its real-world use cases. Unlike stocks, crypto assets are driven by different forces — like adoption trends, regulatory shifts, or even hype.
Understand the underlying purpose: Bitcoin is often considered digital gold, while Ethereum powers decentralized applications. Webull provides a snapshot of each asset, but it’s smart to cross-check with resources like CoinMarketCap or Messari.
Check liquidity and market stats: On the asset page, Webull shows 24-hour volume and price performance, which helps gauge tradeability.
Review current sentiment: While Webull doesn’t include in-app social data, you can use the news feed or analyst commentary to gauge investor outlook.
Taking a few minutes to research before trading can protect you from entering a position blindly. This is especially important with newer or lower-cap tokens, where volatility can be extreme and exit points limited.
2. Match Crypto with Your Risk Profile
Just because crypto is available on Webull doesn’t mean it aligns with your goals. Use this step to align your trade with your financial plan and emotional bandwidth.
Clarify your intention: Are you in it for the short-term trade or long-term hold? For instance, if you're buying Bitcoin for diversification, your holding period may span years.
Set clear risk limits: Decide your maximum allocation and set rules for entries and exits — especially since Webull doesn’t support advanced stop-loss automation for crypto.
Account for external risk factors: From SEC news to exchange hacks, crypto is highly reactive. You can follow regulatory updates through Webull’s news section.
As Webull doesn’t currently offer crypto tax reporting tools, make sure to track gains and losses with external software.
3. Buy And Sell Crypto on Webull Platform
Buying crypto on Webull is easy, but if you’re not careful, you may miss out on better timing or price controls. Take a few thoughtful steps before placing your order.
Find the asset and confirm the listing: Search by ticker (e.g., BTC, ETH, SOL) and verify the symbol and logo before proceeding — Webull does not support every token.
Review pricing and order types: Webull supports market orders only for crypto — there are no limit or stop orders, which means you buy at the current market rate.
Start with small orders: With no minimum account balance and the ability to trade fractional crypto, you can get started with as little as $1.
There are no trading commissions on crypto purchases through Webull, but a 1% spread is built into the price.
4. Monitor, Manage, and Sell Your Position
Once you’ve placed the trade, your job as a trader or investor is far from done. Monitoring your position and knowing when to exit are crucial for risk control.
Set alerts for price swings: Webull lets you create custom alerts to stay updated on sudden moves — which is useful in the volatile crypto market.
Track overall portfolio allocation: Use the “Assets” tab to review how much of your portfolio is in crypto versus stocks or ETFs. Rebalancing may be needed after big moves.
Sell strategically: Webull supports full or partial selling of crypto holdings. Since there are no sell-side limit orders, consider using alerts to time exits more effectively.
You can revisit your trade anytime to assess its performance or rationale. Adding a trade note in the “Notes” section helps track your decisions — especially if you're experimenting with multiple assets or entry points.
Best Practices for Crypto Trading on Webull
While Webull makes crypto trading accessible, following a few best practices can help you trade smarter and avoid costly mistakes.
Start Small and Scale In: Especially in volatile markets, begin with small positions and gradually add as you gain confidence in your analysis.
Use Price Alerts, Not Emotions: Since Webull doesn’t support limit or stop orders for crypto, set alerts to stay disciplined with entries and exits.
Monitor Market News: Keep an eye on news that may affect crypto sentiment. Webull’s built-in newsfeed is helpful, but supplement it with crypto-specific sources like CoinDesk or The Block.
Diversify Within Crypto: Avoid putting all your funds into a single coin. Consider allocating across top coins (BTC, ETH) and a few smaller-cap tokens.
Track Gains Separately: Use outside tools like CoinTracker to log trades, especially if you're actively trading and want clean records for taxes.
Key Features of Webull for Crypto Trading
Webull offers several crypto-specific features designed to streamline your trading experience.
While it’s not as advanced as some dedicated crypto platforms, it provides enough tools to manage positions, track market moves, and integrate with your broader portfolio.
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Wide Range of Supported Coins
Webull currently supports over 30 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Litecoin (LTC).
Easy discovery: Search coins by ticker or scroll through the crypto watchlist in the “Markets” tab.
Educational snippets: Each coin comes with a brief description and price chart to help you understand what you’re buying.
Fractional trading: You can invest as little as $1 in any supported crypto.
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Commission-Free Trading (with Spread)
There are no direct commissions when buying or selling crypto, but Webull does apply a 1% markup (spread) to each transaction.
Simple pricing model: What you see is what you get—no extra fees or hidden markups beyond the built-in spread.
Good for small traders: Beginners benefit from knowing their costs upfront.
No gas or wallet fees: Since Webull manages custody, there are no blockchain fees.
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Real-Time Price Tracking and Alerts
Webull makes it easy to track prices and react quickly to market changes using alerts and real-time data.
Custom price alerts: Set alerts for specific price targets or percentage changes on any coin.
Live charts: View candlestick charts with various timeframes, volume, and indicators—even for crypto assets.
Watchlist integration: Track crypto alongside your stocks, ETFs, and options in a single dashboard.
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Integrated Portfolio Management
Your crypto is tracked alongside your other assets, giving a complete picture of your investments in one place.
Single dashboard view: You don’t need a separate app to see your crypto performance.
Built-in allocation insights: Review how much of your total portfolio is exposed to crypto.
Easier tax tracking: While Webull doesn’t support tax reporting directly, the layout helps you track cost basis and gains.
