Yes, Webull offers Bitcoin trading through its platform

Webull lets you buy and sell Bitcoin directly in the same account where you trade stocks and options. You do not need a separate cryptocurrency wallet or exchange account — you can place an order for Bitcoin the same way you would for a stock, and Webull holds it for you. Bitcoin trades 24 hours a day, seven days a week on Webull, unlike stocks which trade during market hours.

The Bitcoin you purchase on Webull is real cryptocurrency, not a derivative or fund that tracks the price. When you sell, you receive U.S. dollars back into your Webull account. Webull charges no commission on crypto trades, though the price you see includes a spread — the difference between what Webull pays for Bitcoin and what it charges you.

Key Takeaways

  • Webull lets you buy and sell Bitcoin 24/7 in the same account as your stocks, with no separate wallet needed.
  • Bitcoin trades with a spread built into the price, not a flat commission, so the exact cost depends on market conditions when you trade.
  • You can hold Bitcoin in your Webull account indefinitely or sell it whenever you want during the 24-hour market.
  • Webull requires you to verify your identity and meet account minimums before you can trade crypto, just as with stocks.
  • If you want to move Bitcoin off Webull to your own wallet, you will need to withdraw it, which may involve fees depending on Webull's current policy.

How to buy Bitcoin on Webull

Open your Webull app or website and search for Bitcoin by typing "BTC" or "Bitcoin" in the search bar. Tap or click on the Bitcoin listing to open its detail page. You will see the current price, a chart, and a "Trade" button. Tap "Trade" and select "Buy."

Enter the amount of Bitcoin you want to buy — you can buy fractional shares, so you do not need to own a whole Bitcoin. Webull will show you the total cost in dollars, including the spread. Review the order and tap "Confirm" to complete the purchase. The Bitcoin appears in your account when ready, and you own it outright.

How to sell Bitcoin on Webull

Go to your portfolio or holdings section and find Bitcoin in your list. Tap or click on it to open the detail page. Select "Trade" and then "Sell." Enter how much Bitcoin you want to sell — again, you can sell fractional amounts. Webull shows you the dollar amount you will receive after the spread is applied.

Review the order and tap "Confirm." The sale completes when ready, and the dollars land in your Webull cash balance. You can then withdraw that cash to your linked bank account or use it to buy other securities.

What you need to know about Bitcoin pricing on Webull

Bitcoin's price changes constantly because it trades around the clock. The price you see on Webull reflects the real-time market price plus Webull's spread. The spread is how Webull makes money on crypto trades — it is the markup between what it pays for Bitcoin and what it charges you.

The spread varies depending on market conditions and how much Bitcoin is trading at that moment. During busy trading hours, the spread is usually tighter. During quiet hours, it may be wider. You will always see the exact price you will pay or receive before you confirm a trade, so there are no surprises.

Bitcoin's price is also independent of stock market hours. Even if U.S. stock markets are closed, Bitcoin continues to trade and its price moves. This means you can buy or sell Bitcoin at 3 a.m. on a Sunday if you want to.

Account requirements for Bitcoin trading on Webull

You must have a Webull brokerage account to trade Bitcoin. The account setup process is the same as for stocks: you provide your name, address, Social Security number, and employment information. Webull verifies your identity before you can trade anything.

Webull requires a minimum account balance to trade crypto, though the amount varies and can change. Check your account settings or contact Webull support to confirm the current minimum. Once your account is funded and verified, you can trade Bitcoin when ready.

Moving Bitcoin off Webull to your own wallet

If you want to transfer Bitcoin from Webull to a personal wallet — a digital wallet you control outside of Webull — you can withdraw it. Go to your account settings, find the withdrawal or transfer section, and select Bitcoin. Enter the wallet address where you want the Bitcoin sent and the amount you want to move.

Webull may charge a withdrawal fee for moving Bitcoin off the platform, though this policy can change. The transfer typically takes a few minutes to a few hours, depending on network congestion. Once the Bitcoin leaves Webull, it is in your personal wallet and Webull no longer holds it.

Taxes on Bitcoin bought through Webull

When you sell Bitcoin for a profit, that gain is taxable income. The IRS treats Bitcoin as property, not currency, so you owe capital gains tax on the difference between what you paid and what you sold it for. If you held the Bitcoin for less than one year, it is a short-term gain taxed at your ordinary income rate. If you held it for more than one year, it is a long-term gain with a lower tax rate.

Webull provides tax documents at the end of the year showing your transactions, but you are responsible for calculating your gains and reporting them on your tax return. If you trade Bitcoin frequently, keep detailed records of every buy and sell, including the date and price.

Frequently Asked Questions

Can I buy Bitcoin with a limit order on Webull?

Webull does not offer limit orders for Bitcoin — you can only place market orders, which execute at the current price when ready. This means you cannot set a price and wait for Bitcoin to drop to that level. You must buy or sell at the price available right now.

What happens to my Bitcoin if Webull goes out of business?

Webull is a brokerage regulated by the SEC and FINRA. Your Bitcoin is held in custody, meaning Webull holds it on your behalf but it is legally yours. If Webull were to fail, your Bitcoin would be returned to you or transferred to another broker, similar to how stocks are protected.

Can I set up automatic Bitcoin purchases on Webull?

Webull does not currently offer automatic recurring purchases for Bitcoin the way some other platforms do. You must manually place each buy order when you want to purchase Bitcoin.

Is there a maximum amount of Bitcoin I can buy on Webull?

Webull does not publish a per-transaction limit for Bitcoin purchases. Your limit is essentially your account balance. If you want to buy a very large amount, contact Webull support to confirm there are no restrictions on your account.

Do I pay taxes on Bitcoin I hold but do not sell?

No. You only owe taxes when you sell Bitcoin and realize a gain. straightforward holding Bitcoin in your Webull account, even if its price goes up, does not trigger a tax bill. You pay taxes only when you convert it back to dollars.