WEBULL CRYPTOCURRENCY NOW AVAILABLE – BUT, IS IT WORTH IT?
Webull has finally allowed crypto trading, but is it all worth it? Webull now offers trading of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. All of the Webull cryptocurrency trading can be found within the Webull app or on their website. Today I give the details you should know before you start trading crypto with Webull.
🐂 Join Webull and get up to 4 free stocks (limited time): Today I am sharing the new fractional purchasing options on Webull with cryptocurrency. Hidden fees and some other important factors you must know!
In November 2020, Webull started offering ability to purchase cryptocurrency within their app. While offered by their partner Apex Crypto, you can trade Bitcoin, Litecoin, Ethereum, Bitcoin Cash within Webull (with more crypto coming soon, according to Webull).
In today’s video, I go over:
1. Details you must know if you are purchasing cryptocurrency on Webull
2. I invest $1.00 (minimum allowed) into Bitcoin within the Webull app
3. I explain why I am hesitant in jumping full force into Webull cryptocurrency trading.
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HOW I MADE THIS VIDEO:
📷Camera Set-Up:
📷Camera Lighting:
Chapter’s of today’s Webull Cryptocurrency Review video:
00:00 Introduction
02:33 Webull Review of Crypto and Hidden Fees
06:19 Trading Bitcoin on Webull Example
08:45 What I Don’t Like about Webull Cryptocurrency
Webull tutorial on how to buy bitcoin and cryptocurrencies on Webull:
1. First, get into Webull app (sign up for free:
2. Once you are onboard, you can use Webull for stock trading, but look in your menu and apply for crypto trading.
3. When you are approved for crypto (usually a day or two) you can then start trading crypto.
Get your Webull Free Stock:
*Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
Music Credits:
End Screen: RetroFuture Clean by Kevin MacLeod
Link:
License:
BG Music: www.bensound.com
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Thanks watching all your videos , really helped me out alot but I have a question about Bitcoin how do you know how much your actually getting paid and how does the interest receivable works let me know thanks!
What about not owning the crypto on webull? Any thoughts?
Thanks …but I have a question. I have webull and if at anytime I want to change that into cash . Am I able to do it ?
It’s like forex trading
Webull is China Based company doing business in the US, you don't own the crypo Webull own's the crypo, bs we get no crypo wallet or crypo keyes??
Hahahahah. Bitcoin only $19,000 🤦🏽. Missed that train lol
I don’t care about that small hidden fee , but the outrageous 20% our government take away .
Great advice!
I wish you would have shown selling the same crypto in Webull.
Isn’t there a sell limit for crypto? Like if I invest $10k and it grows to $300k don’t they only allow $100k in sales?
You didn't lose almost 1% that's where they actually get you
I guess I can chit can webull for crypto!
webull is not good for crypto, just use it for stocks
If I heard correctly …your saying Webull offers fractional trading on Crypto Currency but doesn't allow fractional share trading for the Stock Market as of now …
So, you're not familiar with the reality that bank transfers can take several days, and that various brokerages (not just Webull) might take a few days for your money to settle?
I waited 5 business days, horrible wait time
i like to trade with 100x leverage
Jacka$$
I was like number 1000! What do I win?? Lol
I'm trying to figure out which bank to sign up with. It'll only be for 3 figures for now for savings and online purchases.
Is Webull allow to transfer to hard wallet like Trezo
NOTICE as soon as you bought in at a $1 you had lost a penny in which is 1%. Anytime you buy crypto on webull you are automatically down 1% and then to try and sell and break even the crypto has to rise 1% from your purchase price. LOOK at the spread on bitcoin when you bought in you had to buy the ask at $19279 and the bid was $18889. In order for you to break even the bid would have to rise $390. Some people think 1% is nothing but it is a lot and webull is raking in the money on this. They have a commercial that says you can essentially buy sell buy sell 1000 times a day with no commission but if you did that you'd be broke on your 50th time trying to trade
The fees are insane. Lets say u buy a cryto for 50cents for 20k. It wont let you by it for 50..it will cost you like 5075..almost 51cents!!kets say u wanna sell it at 55…then it takes a fee so that basically it sells around 5450….horrible
The hidden fees on webull are sketchy af, which sucks because they have the best user interface imo. But 1% both ways is insane when compared to me paying .08 – .18% on coinbase pro, especially when your doing a lot of trading from 10-20k, that's 100-200$ per trade vs 8-36$ on coinbase pro. That's a massive difference especially if you're a higher volume trader.
I bought a few shares of doge on webull before not too long ago, and now every time i try to buy shares of doge on webull it says i have unsufficient crypto buying power, does anyone know what to do? I have settled funds, i have $ on my account, ive tried uninstalling the app and installing it again nothing is working
Every time I make one transaction it costs 35-40$. I’m done.
Thank Yoy Jake Gyllenhaal
i like how u explains we bull thanks i am just starting .Thanks..
With Webull, you can't set a buy limit to specific price. You can Only set a 15% price from the market price. Example, BTC trade at $10.00/coin. 15% of $10 = $8.50. So you can't set a buy limit below $8.50. Which is gay!!!!!
Webull…. At the moment of watching this video. I can't even sell my Dogecoin from 17:50 – 18:50. Gay!!!!!!!!!!!!!!!!!!!!!!
WeBull gives you instant buying power too.
Hey does anyone know if you can transfer crypto from Webull to a hard wallet?
So the crypto buying power is the same as the buying power for stocks correct?
If you have a webull margin account you get instant buying power with stocks, is it the same if you open up the crypto account in your marginal account??
Using it like everyone else pure uncorrupted fluid purchases for physical things
This is old… YOU CAN buy a fraction of Bitcoin now on webull… he should update this…. BTW FK Robin Hood
19000 bitcoin in 2 dic 2020 lol
Most importantly apex crypto is not REGULATED!
No mention of how you don’t own the crypto you buy on webull.
The time it takes to transfer money to Webull is frankly ridiculous. The only reason I opened up an account with them is because they offer a Roth IRA and this helps with no taxes on the gains. Have not seen the Crypto on the sight though. I have the money sitting there after 5 days and now I have to wait yet again to have access to buy Crypto!!!
Appreciate the review, since I just opened an accnt w/ them. So thanks! I am reallllly new to crytp, been trading Forex and eminis thru the years. Could you do a video for a crypto baby-level person like me, on how to setup with DEX to trade RAY, SOL, in particular? I'll buy you some steak.
Good info bro 😁👍
Total noob here… can fractional shares be sold?