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Webull Launches Cryptocurrency Trading in Australia with Access to 240 Digital Assets

Webull Launches Cryptocurrency Trading in Australia with Access to 240 Digital Assets

Webull expands its global crypto services with a new offering in Australia, introducing 240 digital assets, low fees, and competitive trading options.

Fact Check
The statement is fully supported by the evidence. Multiple credible sources, including a press release on PR Newswire (Source 4 and 10) and reports from industry news sites like CoinTelegraph (Source 2) and Finance Magnates (Source 5), confirm that Webull has launched cryptocurrency trading in Australia. The press release specifically states that users will have access to 'up to 240 cryptocurrencies'.
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Summary

Webull has launched cryptocurrency trading in Australia, providing access to 240 digital assets with a 30 basis point spread. This move, leveraging Coinbase Prime for institutional-grade infrastructure, marks Webull’s third global market. It could spark a fee reduction among local exchanges as Webull brings a competitive edge to the Australian market.

Terms & Concepts
  • Coinbase Prime: A platform offering institutional-grade services for cryptocurrency trading, including custody, financing, and real-time market data.