Webull Brings Crypto Trading to Australia, Taking Aim at Local Rivals

Webull has launched crypto trading in Australia, giving users access to 240 digital assets through Coinbase Prime with a 30-basis-point spread. A move set to pressure local exchanges that charge significantly higher fees.

The rollout makes Australia Webull’s third crypto market after the U.S. and Brazil and follows the company’s resumption of U.S. crypto services earlier this week. Industry experts say Webull’s broader asset offering and lower costs could reshape Australia’s young exchange market. Forcing incumbents to cut fees or risk losing customers.

While competition is expected to drive better pricing and features. Analysts caution that investor education, regulation, and trust remain critical to long-term adoption.

Clever Robot News Desk 30^th August 2025