Home Blockchain Webull reopens crypto trading for US users following 2023 suspension

Webull reopens crypto trading for US users following 2023 suspension

0


  • The platform halted the trading services during its IPO preparations.
  • US traders can start accessing Webull from today, August 25.
  • Customers can trade more than 50 tokens, with plans to add more instruments soon.

Webull Corp has reintroduced cryptocurrency trading services to its US customers, starting August 25, 2025.

Notably, the platform supported crypto trading until 2023.

However, regulatory uncertainty and IPO plans forced Webull Pay to become an independent entity.

According to today’s press release, the platform has relaunched trading services.

US users can now buy, sell, and trade digital coins like Bitcoin, Solana, and Ethereum.

For users, the crypto trading resumption feels like a homecoming and a new feature.

Webull CEO Anthony Denier commented on the crypto relaunch, stating:

Our Mission has always been to deliver a streamlined, user-centric investing experience. By integrating crypto trading into the Webull app, we are making it easier for customers to access and manage their entire portfolio, whether they’re trading stocks, options, or digital assets.

Building on Brazil’s comeback

The US reopening comes after Webull relaunched cryptocurrency trading services to users in Brazil in June.

The company used the Brazil comeback to highlight its intent to rejoin the fast-moving crypto industry.

Denier termed it an initial phase of a global push plan to offer clients advanced tools for long-term growth and investment management.

Shifting regulatory climate as a catalyst

Webull’s return to the United States’ cryptocurrency scene isn’t an accident.

The regulatory atmosphere in America has changed since Donald Trump’s victory.

Digital asset entities faced intensified scrutiny under the Biden administration.

Even Webull’s CEO declared that legal uncertainty surrounding crypto at the time partly delayed the firm’s IPO efforts.

However, everything changed since Trump’s inauguration in January.

He promised to make America the hub for digital currency undertakings.

Trump appointed Paul Atkins to replace anti-crypto Gary Gensler, who limited the sector’s growth with unclear policies.

Also, the latest GENIUS law made the US a lucrative nation for crypto activities.

Details of the launch

Webull users in the United States will access over 50 assets, including BTC, ETH, and SOL, at launch.

The platform plans to add more digital tokens and markets in the coming months.

For now, Webull’s over 24 million international customers can enjoy a one-stop venue for managing crypto holdings and traditional investments.

With that, individuals no longer have to depend on many platforms for their digital investments.

That aligns with Webull’s vision of becoming a one-stop shop, allowing investors to manage traditional and crypto assets.

For investors, the timing remains crucial.

Besides the softening regulatory climate in the US, Webull has relaunched amid bullish markets.

Cryptocurrencies have gained popularity in recent months, with most tokens outshining the financial landscape with significant rallies.

Webull Pay CEO Stephen Yip stated that rising crypto popularity fueled their service relaunch.

He said:

Cryptocurrencies have become an essential part of today’s diversified investment strategy. We are excited to again offer crypto trading through Webull to deliver a more unified and convenient experience that reflects how modern investors want to manage their portfolios.

Bitcoin trades at $112,000 after an over 75% increase in the past year. Analysts expect it to close 2025 above $150,000.

Also, Webull’s comeback coincides with the community bracing for a potential altcoin season, which could translate to significant gains for investors.





Source link

NO COMMENTS

Exit mobile version