Making Money, or in other words, creating assets has become quite easy with the rising popularity of cryptocurrency but with a risky proportion. And now that you are in the right place now, you will get a step-by-step guide on how to start buying and trading cryptos.
So, Let’s deep dive in the world of cryptocurrency and get the answers to the most common questions – How To Trade Crypto On Webull
Does webull charge for crypto trading?
“Webull does not charge for trading crypto. There is a 100-basis point spread on either side of a crypto trade” (source: Webull) Adopting a refreshing approach to the subject, Webull lays out all of the admin fees that might apply to trading.
How do I apply for approval to buy or trade crypto?
After opening an account, you must request permission to buy or trade crypto via the Webull app. To apply for approval, make sure your Webull app is updated to the latest version. Then do the following: • Click on Webull Icon (the middle icon on the bottom row). • Click on the ‘More button’. • Then click on ‘Crypto Trading’ to request permission.
How do you trade Cryptos?
Although the blockchain technology that crypto is based on is revolutionary, the actual mechanics of trading cryptos are the same as if you’re buying stocks, bonds, ETFs or forex. One of the easiest ways to develop the skills needed to trade safely is to take advantage of the Webull Paper Trade service.
How do I Sell my crypto holdings?
If you already have crypto holdings on Webull, you can sell them by navigating from your investment lists to your crypto. Once you have selected the coin you wish to sell, choose the option to sell crypto. You will then see the option to sell all or part of your crypto holdings. Select the amount you would like to sell and review your trade.