Webull reopened cryptocurrency trading for US customers in 2025 through its Webull Pay LLC subsidiary, a registered money services business that now supports over 50 digital assets including Bitcoin, Ethereum, Solana, and Dogecoin. The relaunch followed what CEO Anthony Denier described as a regulatory shift enabling platforms to innovate around digital assets, with the company expanding internationally through a June 30, 2026 launch in Canada after receiving approval from the Canadian Investment Regulatory Organization. Crypto holdings on Webull lack SIPC insurance protection that covers traditional stock and ETF accounts, operating instead under state-level money transmitter licenses with custody managed through third-party provider Bakkt Crypto Solutions LLC.
Webull Lists 50+ Cryptocurrencies Including Bitcoin and Ethereum
Webull offers more than 50 spot cryptocurrencies for trading as of mid-2026. The list includes large-cap assets such as Bitcoin, Ethereum, Solana, XRP, Cardano, and Litecoin, along with altcoins like Dogecoin, Shiba Inu, USD Coin, and Polygon. The platform added these assets in stages after its 2025 relaunch.
CEO Anthony Denier told Traders Magazine in a January 2026 outlook that product innovation remained a core focus, with momentum in crypto and new asset classes like corporate bonds and prediction markets driving the platform forward. Compared to dedicated exchanges like Coinbase (which lists over 200 tokens) or Kraken (supporting more than 650 assets), Webull's crypto roster is smaller. However, stock, ETF, options, and crypto trading all operate from the same account and interface, eliminating the need for multiple platforms.
Webull Crypto Setup Requires Separate Activation Through Webull Pay
Crypto trading requires a separate activation within the Webull app. Users who already have a brokerage account can enable crypto through the Webull Pay section. New users need to complete identity verification and fund their account before accessing digital assets.
The minimum purchase amount is $1 for most listed cryptocurrencies. Trading operates 24 hours per day, seven days per week, unlike the stock market's standard session hours. Webull provides real-time price charts, technical indicators, and price alert tools for crypto positions.
The Webull Pay app is available as a standalone download on Google Play and the App Store. It includes advanced charting tools, order book data, and portfolio tracking features designed for active crypto traders. Users can create custom price alerts to monitor specific asset levels across all supported coins.
Denier stated in a Fortune interview that the platform would approach crypto with the understanding that digital asset investing is still investing at its core. That philosophy reflects Webull's design, which wraps crypto trading inside the same risk management and portfolio analytics tools available for equities.
Webull Charges Zero Commissions With Spread-Based Transaction Costs
Webull charges zero commissions on crypto trades. The actual cost comes through the spread between buy and sell prices. This spread varies by asset and market conditions, and it can widen significantly during volatile periods. Webull does not publish fixed spread percentages.
Custody operates through Bakkt Crypto Solutions LLC as a backend provider for trade execution and custody. Holdings are not FDIC or SIPC-insured. According to the platform's disclosures, crypto services use Bakkt Crypto Solutions LLC for custody management.
External wallet transfers are limited. Unlike Coinbase or Kraken, Webull does not currently allow users to send crypto to external self-custody wallets in most cases. This restricts the utility of holdings to trading and portfolio tracking within the Webull ecosystem only. The custody and transfer limitations position Webull as a platform for price exposure rather than full crypto ownership.
Webull Canada Launched Crypto Trading on June 30, 2026
Webull Canada launched crypto trading on June 30, 2026, after receiving approval from the Canadian Investment Regulatory Organization. The rollout includes six initial assets: Bitcoin, Ethereum, Solana, XRP, Cardano, and Litecoin. Webull Canada had already introduced zero-commission equity trading and extended US stock access earlier that same month.
The Canadian expansion followed a crypto launch in Brazil earlier in the cycle. Denier outlined Webull's 2026 vision in Traders Magazine, stating that the company expects continued globalization of investing, with retail participation growing across regions and borders. Forbes also recognized Webull as the best broker for active traders in its 2026 rankings.
Webull Pay LLC operates under state money transmitter licenses in the US. Crypto services also run through Bakkt Crypto Solutions LLC, which holds a New York Department of Financial Services virtual currency license. The GENIUS Act, passed in 2025, brought additional clarity to stablecoin operations.
FAQ
What cryptocurrencies can I trade on Webull right now?
Webull supports over 50 digital assets for trading, including Bitcoin, Ethereum, Solana, XRP, Dogecoin, Cardano, Litecoin, and Shiba Inu.
Does Webull charge fees for buying and selling crypto?
Webull charges zero commissions on crypto trades, but the spread between buy and sell prices functions as the actual cost.
Is my crypto on Webull protected by insurance?
No, crypto holdings on Webull are not covered by FDIC or SIPC insurance protections that apply to stock and cash accounts.
