Webull Brings Crypto Trading to Canadian Shores
Webull has expanded its cryptocurrency trading services to Canada through a partnership with Coinbase. This move adds Canada to the list of countries where Webull offers crypto trading, joining the US, Australia, and Brazil.
The Canadian offering will run on Coinbase's Crypto-as-a-Service infrastructure, which provides underlying trading and custody services. Currently, 10 cryptocurrencies are available on Webull's Canadian website, including Bitcoin (BTC), Ether (ETH), and Solana (SOL). Additional assets may be available as well.
Webull cited growing crypto adoption in Canada as a reason for the expansion, pointing to Ontario Securities Commission research that shows digital asset ownership has risen to 25% this year from 10% in 2023. This growth is attributed to clearer rules being established by regulators.