Webull Expands Crypto Trading in Australia with Coinbase Prime

Webull Securities (Australia) has launched crypto trading in Australia in partnership with Coinbase Prime, offering 240 tokens at a spread of 30 basis points. This initiative follows Webull’s re-entry into the US market, reflecting their rapid global expansion.

Webull Securities Australia has launched cryptocurrency trading in Australia, in partnership with Coinbase Prime, providing access to 240 tokens as of August 2025.

The new service expands access to cryptocurrencies in Australia, increasing competition among trading platforms. Communities anticipate significant engagement due to Webull’s competitive pricing and token variety.

Webull’s Expansion and Partnership

Webull Securities Australia, a subsidiary of Webull Corporation, has officially introduced crypto trading in Australia, with Coinbase Prime as its platform partner. The collaboration enables trading of more than 240 tokens, surpassing Webull’s US offerings.

Rob Talevski, CEO of Webull Securities Australia, remarked that this marks a new phase for the platform, enhancing investment freedom for users. The initiative is part of a larger strategy to expand Webull’s presence globally, after relaunching in the US.

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. – Rob Talevski, CEO, Webull Securities Australia

Impact and Financial Outcomes

The move is expected to impact Australian investors by providing lower-cost trading options through a competitive spread of 30 basis points. Industry comparison includes platforms like CoinSpot, indicating heightened marketplace rivalry.

Financial outcomes from this expansion might influence the market positioning of existing platforms. The introduction of varied tokens, including BTC and ETH, might draw substantial retail and institutional interest due to associated custodial and market data services from Coinbase Prime.

Regulatory Developments

Ongoing developments in Australia’s regulatory framework for digital assets, led by AUSTRAC and ASIC, are anticipated to shape trade dynamics further. This may lead to more robust oversight, influencing future market strategies for firms like Webull and Coinbase Prime. Retail sentiment could shift as token accessibility broadens amidst a growing digital currency portfolio.