- Webull initiates crypto trading in Australia with Coinbase partnership.
- 240 cryptocurrencies available for Australian users.
- No immediate government regulatory announcements reported.
Webull Securities Australia launched crypto trading services in Australia on August 27, 2025, offering 240 cryptocurrencies through a partnership with Coinbase Prime.
This expansion bolsters Webull’s global strategy and offers Australian investors increased trading opportunities with competitive costs.
Webull Securities Australia has launched crypto trading services in Australia in partnership with Coinbase Prime as of August 27, 2025. This move allows Australian users access to 240 cryptocurrencies, marking a strategic expansion of Webull’s global presence.
Rob Talevski, the CEO of Webull Securities Australia, emphasized offering Australian investors the flexibility to trade at their convenience. “The addition of cryptocurrencies 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,” he said. Anthony Denier, the US CEO, highlighted the unified user experience with integrated crypto trading in their app.
The launch is anticipated to influence the Australian crypto market by expanding the range of cryptocurrencies accessible to local investors. This initiative is likely to boost competition among trading platforms, positioning Webull as a prominent low-cost provider.
The introduction of crypto trading without new regulatory updates underlines ongoing challenges for comprehensive legislative oversight. Webull’s actions may prompt discussions on regulatory adjustments needed to support growing digital asset markets in Australia.
Despite the lack of immediate regulatory changes, the inclusion of 240 cryptocurrencies suggests a significant addition to the Australian market. Investors may benefit from the increased market diversity and competitive trading costs.
The reentry of Webull into the market, following its 2023 US crypto trading suspension, reflects improving regulatory environments. Such moves can impact cryptocurrency liquidity and trading volumes, though long-term effects depend on regulatory developments.
