It represents the company’s third global market for integrated crypto trading following successful testing in Brazil.
Webull Securities Australia launched cryptocurrency trading for local users today (Wednesday), expanding access to the most popular digital assets just one day after the brokerage reintroduced crypto to its main US platform.
As the company claims, the Australian rollout comes with competitive pricing at 30 basis points spread, positioning Webull among the lowest-cost crypto trading options in the market. Users can trade through individual accounts, Self-Managed Super Funds, trusts, and company structures.
“The addition of cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and digital tokens to the Webull platform represents the next phase of our ongoing mission to provide Australian investors with the freedom to trade what they want, when they want,” said Rob Talevski, CEO of Webull Securities Australia.
Webull partnered with Coinbase Prime to provide the trading infrastructure, custody services, and real-time market data for the Australian launch. The collaboration mirrors the company’s approach in other markets where it has reintroduced crypto trading after a two-year hiatus.
The Australian launch follows Webull’s Monday reintegration of crypto trading into its primary US app after requiring American customers to use a separate Webull Pay application since 2023. The US relaunch brought back trading for over 50 cryptocurrencies including Bitcoin, Ethereum, and Solana.
Anthony Denier, US CEO and Group President, said the consolidation addressed customer complaints about managing multiple apps. The company had discontinued crypto on its main US platform in 2023, forcing users who wanted digital asset exposure to download a standalone application.
“Our mission has always been to deliver a streamlined, user-centric investing experience,” Denier explained. “By reintegrating crypto trading into the Webull app, we are making it easier for customers to access and manage their entire portfolio, whether they’re trading stocks, options, or digital assets.”
Brazil served as Webull’s testing ground for the return to integrated crypto trading. The company successfully relaunched digital assets there last month, providing management with confidence to expand the approach to other markets.
Webull had been hinting at expansion for some time before the Australian launch. In July, the company consolidated its crypto operations by merging Webull Pay LLC into the parent company, setting up infrastructure for global relaunches.
“The improving clarity of cryptocurrency regulations, both in the United States and internationally, underlies our decision to bring crypto trading back to our platform,” Denier said during the July restructuring announcement.
The company plans to expand digital asset trading to additional markets over the coming months, but hasn’t specified which regions will gain access next.
