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Wondering how many cryptocurrencies does Webull support? Check out this blog post to learn more about the digital assets available on Webull.
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Introduction
Webull is a commission-free investing app that offers a variety of investments, including cryptocurrencies. Currently, Webull supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Ethereum Classic (ETC). However, more cryptocurrencies may be supported in the future.
What is Webull?
Webull is a commission-free stock trading app with advanced features for experienced traders. Webull offers investment products including stocks, ETFs, ADRs, options, and cryptocurrencies. You can trade these products on the Webull app and website 24/7.
How Many Cryptocurrencies Does Webull Support?
Webull is a commission-free stock trading app that also offers cryptocurrency trading. At the moment, Webull supports 8 cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic, Dash, Ripple, and Monero. You can trade these cryptocurrencies with USDT or buy them with other cryptocurrencies.
Bitcoin
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain
Ethereum
Webull does not currently support Ethereum or any other cryptocurrencies.
Litecoin
As of now, Webull only supports trading in Litecoin (LTC).
Bitcoin Cash
Bitcoin Cash (BCH) is a hard fork of Bitcoin that was created in August 2017. The goals of the fork were to increase the block size limit and to make Bitcoin more usable as a currency. Bitcoin Cash has a larger block size limit and uses a different address format than Bitcoin.
Monero
Webull does not currently support Monero.
Conclusion
Webull currently only supports Bitcoin (BTC) and Ethereum (ETH). However, they are planning to add more coins in the future. So, if you’re interested in buying or selling cryptocurrencies on Webull, you’ll need to use one of those two coins.
