Webull Financial, a commission-free online stock trading platform, formally announced the addition of cryptocurrency trading through its subsidiary, Webull Crypto.
What To Know: Webull is a holistic platform for building and managing wealth.
As part of a vision to offer investors a sophisticated alternative to traditional zero-commission trading platforms, Webull introduced cryptocurrency trading through Webull Crypto, expanding the depth of assets accessible on the platform beyond listed U.S. stocks, ETFs, and options.
“We place great value in our customers and are always listening to their feedback in order to make improvements and additions to the app for a better trading experience,” said Anthony Denier, CEO of Webull. “We are proud to be among the first companies rolling out this feature for traders, and we’re excited to see an increase in both users, and user activity, as more become familiar with it.”
Webull Crypto will allow customers the ability to buy or sell fractions of crypto at a $1 minimum with instant settlement. This means users have immediate access to funds, as well as complimentary real-time crypto data, and advanced security features.
Why It Matters: The addition of Webull Crypto comes at a time when innovation in financial services has gained significant momentum.
Now, Webull investors can bet on the next wave of innovation in digital currencies with popular products like Bitcoin, which is fast-approaching its 2017 all-time high.
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