Are there fees for trading crypto with Webull?
Webull does not charge direct trading fees when you buy or sell crypto. Instead, a 1% spread is included in the price of each trade.
Key Points:
No minimum equity requirement to trade crypto.
No separate transaction or commission fees.
A 1% spread (100 basis points) is applied to both buy and sell orders.
The trading fee spread does not apply to stablecoins.
How the spread works:
If the market price of Bitcoin is $50,000:
Buy price (with spread): $50,000 × 1.01 = $50,500
Sell price (with spread): $50,000 × 0.99 = $49,500
In this example, the 1% spread results in buying at a price higher than the market rate and selling at a price lower than the market rate.
The spread accounts for the cost of facilitating the trade and may vary depending on market conditions.
What are the trading limits for crypto?
Trading limits vary based on your location and crypto service provider.
For customers outside of New York, Guam, and the Northern Mariana Islands:
Maximum per trade: $100,000
Maximum total of pending buy orders: $200,000
Minimum order amount: $2.00
Smallest tradable amount: 0.00000001
For customers in New York, Guam, and the Northern Mariana Islands:
Maximum per trade: $100,000
Maximum total of pending buy orders: $200,000
Minimum order amount: $1.00
Smallest tradable amount: 0.00000001
Additional details:
Orders can be placed in either U.S. dollars (USD) or cryptocurrency amounts.
USD-based orders will not exceed the dollar amount entered.
Crypto amount-based orders support fractional trading.