Webull Launches Australia Crypto Trading with Coinbase Prime
Webull has launched commission-free crypto trading in Australia through a partnership with Coinbase Prime. The move brings over 240 digital assets — including BTC, ETH, LTC, DOGE, BCH and UNI — to the Webull platform with institutional-grade custody and execution services provided by Coinbase Prime. The rollout follows Webull’s US relaunch, which resumed crypto trading after a 2023 pause due to regulatory concerns.
Australian users can now trade crypto without commissions, mirroring Webull’s stock trading model. The platform plans to introduce staking and advanced order types later this year. This expansion into Australia marks the first step in Webull’s broader international strategy, with Brazil next on the list.
The launch highlights intensifying competition among brokers to meet rising crypto trading demand in the APAC region. It also underscores growing institutional support for digital asset adoption and could boost market liquidity.
Bullish
Webull’s launch of commission-free crypto trading in Australia via Coinbase Prime is likely to boost demand and liquidity for the listed digital assets. In the short term, the service expansion can attract new retail investors and increase trading volumes across BTC, ETH, LTC, DOGE, BCH and UNI. Over the long term, institutional-grade custody, added features like staking and advanced order types, and further market rollouts (e.g., Brazil) may strengthen market confidence and drive sustained adoption, underpinning a bullish outlook.