Webull Adds Crypto Trading Through Kalshi Partnership

Webull Corp., a fast-growing online trading platform, has rolled out a fresh feature that lets everyday investors take a shot at predicting the future prices of top cryptocurrencies like Bitcoin and Ethereum. This new offering, announced Tuesday, comes through a partnership with Kalshi, a company specializing in prediction markets. The two already teamed up earlier this year to let users bet on stock market indexes.

This step dives into crypto territory for Webull, giving its users a chance to place bets on where Bitcoin or Ethereum prices might land without owning the actual coins. Its a safer way to dip into the crypto craze, which has been a hot topic among retail traders.

A Simple Way to Play the Crypto Market

With Webull‘s new setup, users can make small wagers—say, $5—on whether Bitcoin’s price will go above or below a set point, like $105,000, at a specific time. This approach lets investors get in on the crypto action without facing the wild price swings that come with buying digital currencies outright.

“We‘re focused on offering products that fit our users’ needs and make sense for the market right now,” said Anthony Denier, Webulls U.S. CEO, in a recent chat. He stressed that the company is moving carefully, keeping an eye on rules and regulations to avoid any trouble.

Learning from Others Mistakes

Webulls cautious approach comes after seeing others hit roadblocks. Earlier this year, Robinhood Markets Inc. tried offering bets tied to the Super Bowl but had to pull back after the Commodity Futures Trading Commission raised red flags. Robinhood has since launched its own prediction platform, including sports bets, but the hiccup showed how tricky this space can be.

Denier wants to steer clear of those kinds of issues. “The last thing we need is to launch something new and then have to tell our users they can‘t use it because of some regulatory snag,” he said. Webull’s sticking to financial bets for now, avoiding flashier options like predicting music streaming numbers or product launches, which Kalshi offers on its own platform.

Why Retail Investors Are All In

The investing world has changed a lot lately. Apps like Webull have made it easy for regular people to trade stocks, options, and now crypto-related products—things that used to be just for the big players. With stocks climbing and crypto buzzing, more folks are jumping in, looking for new ways to grow their money.

Crypto, in particular, is a big draw for Webull‘s users. Many want in on the action but don’t want the stress of owning volatile digital coins. Webulls betting system offers a middle ground. Even big names like Charles Schwab are eyeing crypto, with plans to possibly add direct trading soon.

Whats Next for Webull

Looking ahead, Webull isn‘t stopping here. The company plans to roll out direct crypto trading—known as spot trading—by the end of 2025. This will give users even more ways to get involved with cryptocurrencies. “We’re all about giving our customers choices,” Denier said, summing up Webulls approach.

About Webull

Webull is an online trading platform that lets users trade stocks, ETFs, options, and now crypto price predictions without paying commissions. Built to make investing simple and accessible, it offers powerful tools for both newbies and seasoned traders. Based in New York, Webull serves millions worldwide and keeps adding features to meet the demands of todays investors.

Discover Webulls innovative trading platform! Start betting on Bitcoin and Ethereum prices today. Visit https://www.wikifx.com/en/dealer/1238913678.html to check out more trading opportunities!