Yes, you can buy cryptocurrency on WeBull, but only certain coins and only if you meet account requirements
WeBull offers cryptocurrency trading through a separate crypto wallet and exchange feature, but it is not the same as buying stocks. You can trade Bitcoin, Ethereum, Dogecoin, and a limited list of other cryptocurrencies directly from your WeBull account. However, you cannot buy crypto with the same cash you use for stocks — you need to fund a separate crypto wallet, and you must be at least 18 years old with a verified account.
The process is straightforward once your account is set up, but there are real limits on which coins are available, how much you can move at once, and what happens if the price swings while you are waiting for a transaction to settle.
Key Takeaways
- WeBull lets you buy Bitcoin, Ethereum, Dogecoin, and roughly 150 other cryptocurrencies, but the full list changes and not every coin is available to every account holder.
- You must fund your crypto wallet separately from your stock cash account, and transfers between the two can take one to three business days.
- WeBull charges a flat fee per transaction (not a percentage), so buying $100 of crypto costs the same fee as buying $1,000.
- Your crypto holdings sit in a WeBull-managed wallet, not in a wallet you control yourself, which means WeBull holds the keys and you cannot move coins to another exchange without selling first.
Which cryptocurrencies WeBull actually offers
WeBull lists over 150 cryptocurrencies available for trading, but the exact list varies by state and by account type. Bitcoin and Ethereum are always available. Dogecoin, Litecoin, Ripple (XRP), and Solana are commonly available. Smaller or newer coins may not be offered in your state or may require a higher account tier.
The best way to see what is available to you is to open the WeBull app, go to the Crypto section, and search for the coin you want. If it does not appear in the search results, it is not available to your account. WeBull does not publish a master list of every coin in every state, so you cannot know the full picture without checking your own account.
How to set up and fund your crypto wallet
Start by opening WeBull and navigating to the Crypto tab. Tap "Wallet" or "Buy Crypto" depending on your app version. WeBull will ask you to verify your identity again — this is separate from your stock account verification. You will need to confirm your phone number, provide your Social Security number, and answer questions about your investment experience.
Once your crypto account is verified, you can fund it by transferring money from your linked bank account or from your WeBull stock cash balance. Transfers from your bank take one to three business days. Transfers from your stock cash balance are usually instant, but the money leaves your stock buying power immediately. You cannot use margin or borrowed money to fund crypto purchases.
After your wallet has a balance, you can buy any available coin by selecting it, entering the amount in dollars (not the number of coins), and confirming the transaction. The price you see is locked for a short window — usually a few seconds — so if the price moves too far, the order will be rejected and you will have to try again.
Transaction fees and what they cost you
WeBull charges a flat fee per crypto transaction, not a percentage of the amount you buy. The fee is typically $1 to $2 per buy or sell order, depending on the coin and market conditions. This means buying $50 of Bitcoin costs the same fee as buying $500 of Bitcoin, which makes small purchases relatively expensive and large purchases relatively cheap.
You also pay the spread — the difference between the price WeBull shows you and the price it actually pays to acquire the coin. This spread is built into the price you see on screen and is not listed separately. For popular coins like Bitcoin and Ethereum, the spread is usually small. For less common coins, it can be wider.
When you sell, you pay the same flat fee plus another spread. If you buy and sell the same coin within a short time, you are paying two spreads and two flat fees, which can add up quickly on small trades.
How WeBull holds your crypto and what that means
WeBull holds your cryptocurrency in a custodial wallet, which means WeBull controls the private keys and you do not. You cannot move your coins to another exchange, a hardware wallet, or anywhere else without selling them first and withdrawing the cash. This is different from buying crypto on some other platforms, where you can transfer coins out to your own wallet.
The advantage is simplicity — you do not have to manage your own private keys or worry about losing them. The disadvantage is that your coins are only as secure as WeBull's systems, and you cannot move them if you want to use a different exchange or wallet later. If WeBull goes out of business or is hacked, your coins are at risk in the same way your stock holdings would be.
WeBull does carry insurance through a third party, but the coverage limits and what they actually cover are not clearly spelled out on their website. Before you buy a large amount of crypto on WeBull, contact their support team and ask exactly what happens if the platform is compromised.
Buying and selling limits on WeBull crypto
WeBull does not publish a single daily or monthly purchase limit, but new accounts often have lower limits than established ones. Your limit depends on your account age, verification level, and trading history. The platform may also restrict how much you can move in or out of your crypto wallet in a single day.
If you try to buy more than your limit allows, the order will be rejected. You can request a limit increase through the app settings, but WeBull reviews these requests manually and may take several days to respond. There is no may provide your request will be approved.
Selling has fewer restrictions than buying, but large sales may trigger additional verification or reporting requirements depending on the amount and your location.
Taxes and what you need to track
Every time you buy or sell crypto on WeBull, that is a taxable event. You owe capital gains tax on the profit (or can deduct the loss) when you sell. WeBull does not automatically report your crypto trades to the IRS, and it does not generate a tax form you can hand to your accountant.
You are responsible for tracking every buy and sell, the date, the price, and the amount. If you make many trades, this becomes tedious quickly. Some people use third-party tax software that connects to WeBull and pulls the transaction history automatically, but you should verify that the data is correct before filing.
If you hold crypto for more than a year before selling, you may may have access to for long-term capital gains tax rates, which are usually lower than short-term rates. Keep records of when you bought and when you sold.
Frequently Asked Questions
Can I transfer crypto from another exchange into my WeBull wallet?
No. WeBull does not accept incoming crypto transfers. You can only buy crypto using cash that you deposit into WeBull. If you want to move coins from another exchange to WeBull, you must sell them first, withdraw the cash, deposit it into WeBull, and then buy the same coins again — which triggers multiple tax events and fees.
What happens if the price changes while my order is processing?
Crypto orders on WeBull are usually filled within seconds, but the price is locked only for a short window. If the price moves too far from what you agreed to, the order is rejected and you have to place a new one at the current price. You cannot set a limit order that buys at a specific price — you can only buy at the current market price.
Can I buy crypto with a credit card on WeBull?
No. You can only fund your crypto wallet using a linked bank account or money from your WeBull stock cash balance. Credit card purchases are not allowed, which protects you from accidentally going into debt on a volatile asset.
Is my crypto insured if WeBull is hacked?
WeBull says it carries insurance, but the exact coverage limits and what is covered are not clearly detailed on their website. Contact WeBull support directly and ask for the insurance policy details before depositing a large amount of money.
Can I set up automatic purchases of crypto on WeBull?
WeBull does not offer recurring or automatic crypto purchases. You must manually buy each time you want to add to your position. Some other platforms offer this feature, but WeBull does not.