The Cheapest Way To Buy Crypto With Webull‍

Mike Harry
Feb 2023
3 min to read
Fact checked

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 easy to use and offer a wide range of cryptocurrencies to choose from. 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. Buying your favourite cryptocurrency has never been this safe and easy!

eToro

+80 Cryptos & Copy Trading

Virtual Demo Portfolio

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+250 Cryptos & Staking

Fast & Cheap Deposits

100% Proof Of Reserves

Regulated in the US, EU & UK

Visit Uphold
Crypto assets are high risk and not regulated.
Capital at risk.

Can you buy crypto with Webull? 

Webull offers a small range of 40 cryptocurrencies on its platform. This is made possible through their collaboration with software provider Apex Crypto. 


How to buy crypto with Webull?

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. 

  • Uphold: Spot & Futures Trading | 200+ cryptocurrencies | Low trading fees 
  • eToro: Beginner friendly | 80+ cryptocurrencies | Copy Trading

How to sign up

1. Create Account: Signup and add your identity verification.‍
2. Deposit Funds:
Via your Webull account or credit card/debit card. 
3. Start Buying:
Once your deposit has arrived in your account.

Buy Crypto with Webull and eToro
Buy Crypto with Webull and eToro

Crypto on Webull

In the section below we cover some additional questions about Webull and digital currencies that are commonly asked.

Crypto on Webull
Crypto on Webull

1. Can you trade crypto on Webull? 

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.

2. Webull crypto list? 

Webull currently supports 40 cryptocurrencies on its platform. Below we have outlined a selection of the 10 most well know cryptocurrencies.

  • Bitcoin
  • Ethereum 
  • Solana
  • Avalanche
  • Litecoin
  • Dogecoin
  • Cardano
  • Shiba Inu
  • Chainlink
  • Polygon 

Webull list of cryptocurrencies
Webull list of cryptocurrencies

3. Webull crypto fees   

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.

4. Can you short crypto on Webull?

No, it is not possible to short cryptocurrencies on Webull. 

5. Does Webull have Shiba Inu Coin?

Yes, Shiba Inu is available for purchase on the Webull platform. So is the leading memecoin, Dogecoin.

6. Is Webull good for crypto? 

We would argue that all serious and regulated companies that offer its customers ways to gain exposure to cryptocurrencies are beneficial to crypto as a whole. 

7. is it safe to buy crypto on webull? 

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. 

What is Webull?

Webull Website
Webull Website

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 Fractional Shares
Webull Fractional Shares

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. 

eToro

+80 Cryptos & Copy Trading

Virtual Demo Portfolio

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+250 Cryptos & Staking

Fast & Cheap Deposits

100% Proof Of Reserves

Regulated in the US, EU & UK

Visit Uphold
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.

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