Webull enters the Australian market, launching trading services for 240 types of cryptocurrencies

According to reports, Webull Securities (Australia) Pty Ltd has launched cryptocurrency trading services in Australia, allowing users to directly trade up to 240 types of cryptocurrencies at a lower cost through its platform, with a trading spread of 30 basis points. This service is in partnership with Coinbase Prime, providing trading infrastructure, institutional custody, financing services, and real-time market data. Australian users can trade digital assets through personal accounts, pension trust accounts, and corporate accounts. Webull pointed out that this service launch is its third market entry into the retail customer segment, with plans to expand into more markets in the future.