Webull Launches Crypto Trading in U.S.
Rhea-AI Summary
Webull (NASDAQ: BULL) has reintroduced cryptocurrency trading for U.S. residents directly within its main platform. The integration eliminates the previous requirement of using a separate Webull Pay app, offering users a streamlined experience to trade over 50 digital assets including Bitcoin, Ethereum, and Solana.
The platform now provides 24/7 real-time crypto trading alongside stocks and options in one centralized location. Currently available in the U.S. and Brazil, Webull plans to expand crypto trading to additional markets in the coming months.
Positive
- Integration of crypto trading directly into main Webull platform improves user experience
- Access to over 50 digital assets for trading
- 24/7 real-time trading capability
- Expansion of crypto trading to additional markets planned
Negative
- Limited geographical availability - currently only in U.S. and Brazil
News Market Reaction 1 Alert
On the day this news was published, BULL declined 2.92%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Users are now able to trade cryptocurrencies directly on the Webull platform
The crypto trading experience offers seamless, 24/7 real-time trading of over 50 digital assets, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
"Our mission has always been to deliver a streamlined, user-centric investing experience," said Anthony Denier,
"Cryptocurrencies have become an essential part of today's diversified investment strategies," said Stephen Yip, CEO of Webull Pay. "We are excited to again offer crypto trading through Webull to deliver a more unified and convenient experience that reflects how modern investors want to manage their portfolios."
Crypto trading on Webull is currently only available in the
Visit www.webull.com for more information.
About Webull US
Webull is a leading online investment platform built on next generation global infrastructure. Users of the Webull platform are empowered to pursue their financial goals with advanced charting tools, cutting-edge technology, and real-time market data. Through Webull's online brokerage, self-directed investors can access low-cost trading across a wide range of assets, including securities, options, and futures, along with wealth management services. Webull Financial LLC ("Webull Financial") is registered as a broker-dealer with the Securities and Exchange Commission (SEC) and a futures commission merchant registered with the Commodity Futures Trading Commission (CFTC). Webull Financial is a member of the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the Securities Investor Protection Corporation (SIPC). Advisory accounts and services are provided by Webull Advisors LLC, an investment advisor registered with the SEC. Registration does not imply a level of skill or training. Event contract trading is highly speculative and may not be suitable for all investors. Webull asks customers to carefully consider all risks associated with an investment in an Event Contract, including without limitation the risks set forth in the disclosure documents linked below, and consult with a financial professional and any other advisors that you deem appropriate before investing in any Event Contract. All investing is subject to risk, including the possible loss of principal. Options involve unique risks not suitable for all investors. Please visit www.webull.com/disclosures to read the applicable disclosure documents. For more information about Webull, visit www.webull.com.
About Webull Corporation
Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure. Through its global network of licensed brokerages, Webull offers investment services in 14 markets across
Webull Media Contact
Nicholas Koulermos
Webull@5WPR.com
(212)999-5585
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release or other statements of the Company are forward-looking statements, including the return of cryptocurrency trading for
All forward-looking statements are based upon current estimates and forecasts and reflect the reasonable views, assumptions, expectations, and opinions of the Company and its management as of the date of this press release and are therefore subject to a number of factors, risks and uncertainties, some of which are not currently known to the Company and its management and could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to: (1) the ability of the Company to grow and manage growth profitably, maintain relationships and deepen engagement with users, customers and suppliers, and retain its management and key employees; (2) the reliance of key functions of the Company's business on third-parties and the risk that the Company's platform and systems rely on software and applications that are highly technical and may contain undetected errors that could result in unexpected network interruptions, failures, security breaches, or computer virus attacks; (3) the risks associated with the Company's global operations and continued global expansion, including, but not limited to, the risks related to complex or constantly evolving political or regulatory environments that may result in substantial costs or require adverse changes to the Company's business practices; (4) the Company's estimates of expenses and costs, of profitability or of other operational and financial metrics as well as the Company's expectations regarding demand for and market acceptance of its products and service; (5) the Company's reliance on trading related income, including payment for order flow ("PFOF"), and the risk of new regulation or bans on PFOF and similar practices; (6) the Company's exposure to fluctuations in interest rates, rapidly changing interest rate environments, volatile prices of securities and digital assets and their respective trading volumes; (7) the Company's reliance on a limited number of market makers and liquidity providers to generate a large portion of its revenues, and the negative impact of the loss of any of those market makers or liquidity providers; (8) the effects of competition in the Company's industry and the Company's need to constantly innovate and invest in new markets, products, technologies or services to retain, attract and deepen engagement with users; (9) changes in international trade policies and trade disputes that could result in tariffs, taxes or other protectionist measures adversely affecting our business; (10) risks related to general political, economic and business conditions globally and in jurisdictions where the Company operates; (11) risk of further actions taken by various government bodies in the
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SOURCE Webull Financial LLC