Yes, Webull offers Bitcoin trading through its crypto platform
Webull lets you buy, sell, and hold Bitcoin directly in your account. You can trade Bitcoin 24/5 (the market closes Sunday evening through Monday morning) with no commission fees. The platform shows real-time pricing and lets you set up alerts, place limit orders, and track your holdings alongside stocks and other investments in one dashboard.
Bitcoin trades on Webull under the ticker BTCUSD. You'll need a funded Webull account and enough cash or buying power to complete the purchase. The minimum trade amount is typically $1, though some orders may have slightly higher minimums depending on current price and your account type.
Key Takeaways
- Webull allows you to buy and sell Bitcoin 24/5 with no commission, and the price updates in real time.
- You trade Bitcoin as BTCUSD and can place limit orders, set price alerts, and hold it long-term in your account.
- Your Bitcoin holdings are stored in Webull's custodial wallet, not in a personal crypto wallet you control.
- Webull's crypto trading is available to U.S. residents but not all states have equal access to all features.
How to buy Bitcoin on Webull
Open your Webull app or website and navigate to the crypto section. Search for BTCUSD or Bitcoin. You'll see the current bid and ask price, a price chart, and trading volume. Tap or click "Trade" to open the order window.
Choose between a market order (buy at the current price immediately) or a limit order (set your own price and wait for the market to reach it). Enter the dollar amount or number of shares you want to buy. Review the order details—Webull will show you the estimated total cost including any applicable fees—then confirm. The order executes immediately for market orders or sits open until filled for limit orders.
Your Bitcoin appears in your account within seconds of execution. You can hold it indefinitely, set a price alert to notify you when Bitcoin moves, or sell it whenever you choose.
What happens to your Bitcoin when you hold it on Webull
Webull stores your Bitcoin in a custodial wallet, meaning Webull holds the private keys and controls the actual cryptocurrency on your behalf. You own the Bitcoin and can sell it anytime, but you cannot transfer it to an external wallet or move it off the platform. This is different from a personal crypto wallet, where you control the private keys yourself.
Custodial storage is simpler for most people—you don't have to worry about losing your private keys or managing wallet security—but it does mean you're trusting Webull to keep your Bitcoin safe. Webull uses cold storage (offline vaults) for the majority of customer crypto holdings and maintains insurance coverage, but the platform is responsible for security, not you.
Fees and costs when trading Bitcoin on Webull
Webull charges no commission on Bitcoin trades. You won't see a separate trading fee when you buy or sell. However, you will pay the spread—the difference between the bid price (what buyers offer) and the ask price (what sellers ask). On Bitcoin, this spread is typically small but varies depending on market conditions and trading volume.
Some states may have additional regulatory fees or requirements that appear at checkout. Webull also does not pay interest on Bitcoin holdings, so your Bitcoin does not earn yield just by sitting in your account. If you want to earn returns on crypto, you would need to use a separate lending platform or staking service.
State restrictions and account requirements
Webull's crypto trading is open to U.S. residents, but not all states allow all features. New York, for example, has stricter crypto regulations, and Webull's availability there is limited. Before you open an account or fund it, check Webull's website to confirm that crypto trading is available in your state.
You must be at least 18 years old and pass Webull's identity verification to open an account. Your account must be funded with at least $1 to begin trading, though some account types or promotions may have higher minimums. Webull will ask for your Social Security number, address, and employment information during signup.
Selling Bitcoin and moving money back to your bank
To sell Bitcoin, open the same BTCUSD ticker, tap "Trade," and choose "Sell." Select market or limit order, enter the amount you want to sell, and confirm. The sale executes, and the cash appears in your Webull account balance immediately.
To move the money to your bank account, go to your account settings and select "Withdraw." Choose your linked bank account, enter the amount, and submit. Webull typically processes withdrawals within 1 to 3 business days, though your bank may take an additional 1 to 2 days to deposit the funds. Weekend and holiday withdrawals may take longer.
Bitcoin price tracking and alerts on Webull
Webull's crypto charts update in real time during market hours. You can view Bitcoin's price in 1-minute, 5-minute, 15-minute, hourly, daily, weekly, and monthly intervals. The platform includes technical analysis tools like moving averages, RSI, MACD, and Bollinger Bands if you want to study price patterns.
Set price alerts by tapping the bell icon on the Bitcoin chart. You can alert on price reaching a specific level, moving up or down by a percentage, or other conditions. Webull will notify you via push notification, email, or SMS depending on your settings. Alerts are free and don't commit you to buy or sell.
Frequently Asked Questions
Can I transfer Bitcoin from another wallet into Webull?
No. Webull does not support incoming Bitcoin transfers. You can only buy Bitcoin through Webull's platform. If you own Bitcoin in an external wallet, you would need to sell it there and deposit the cash into Webull, then buy Bitcoin again on Webull.
What happens to my Bitcoin if Webull goes out of business?
Your Bitcoin is held in custody by Webull and is insured. Webull maintains insurance coverage on customer crypto holdings. In the unlikely event of a platform failure, your Bitcoin would be protected, though the process to recover it could take time. Webull is a licensed broker regulated by the SEC and FINRA, which adds another layer of oversight.
Can I buy Bitcoin with a credit card on Webull?
No. You must fund your Webull account with a bank transfer or debit card first. Once the cash is in your account, you can use it to buy Bitcoin. Credit card deposits are not supported for crypto purchases on Webull.
Is Bitcoin on Webull the same price as on other platforms?
The price is nearly identical across platforms because Bitcoin trades on a global market. Small differences (a few cents or dollars) may appear due to the spread or slight delays in price updates, but these differences close quickly. Webull's real-time pricing means you see the market price, not a delayed quote.
Do I owe taxes on Bitcoin I hold but don't sell?
No. You only owe taxes when you sell Bitcoin and realize a gain or loss. Simply holding Bitcoin in your Webull account does not trigger a tax event. When you do sell, Webull will provide a tax document (Form 1099-K or similar) showing your transactions, which you report to the IRS.