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August 28, 2025cryptonews logocryptonews

Webull Launches Crypto Trading in Australia via Coinbase Prime

US-based trading platform Webull has launched crypto trading in Australia, offering access to up to 240 digital assets through a new partnership with Coinbase ￰0￱ Takeaways: Webull has launched crypto trading in Australia via Coinbase Prime, offering access to 240 digital assets with a competitive 30bps ￰1￱ move is expected to pressure local exchanges to lower fees amid growing competition. Webull’s integration with traditional account types and advanced trading tools positions it as a low-cost ￰2￱ rollout marks the platform’s third crypto market globally, after the ￰3￱ Brazil, the firm said in a Wednesday press ￰4￱ Australian launch includes a 30-basis-point spread, which Webull claims makes it one of the lowest-cost crypto trading options in the ￰5￱ Launch Sparks Fee War Among Aussie Crypto Exchanges Analysts expect the move to pressure local exchanges to reduce fees or risk losing market share in an already competitive environment.

“Crypto trading is the next phase of our mission to provide Australians with the freedom to trade what they want, when they want,” said Rob Talevski, CEO of Webull Securities Australia, in a statement on ￰6￱ offering is integrated across individual accounts, SMSFs, trusts, and company structures, placing crypto within traditional investment frameworks and allowing retail users to manage digital assets alongside equities and ￰7￱ platform also includes premium charting tools, over 40 technical indicators, and 24/7 customer ￰8￱ launch comes days after Webull resumed crypto trading in the U. S. , following a temporary suspension during its 2023 public listing ￰9￱ is officially here!

Now you can trade crypto 24/7 with zero commissions and access to advanced ￰10￱ your journey with as little as $1. #Webull #Crypto #Finance #Investing #Trading #NowAvailable Webull Financial LLC (member SIPC, FINRA) offers self-directed… ￰11￱ — Webull (@WebullGlobal) August 26, 2025 CEO Anthony Denier described the return as part of the firm’s “full-throttle” global expansion into digital assets. Webull’s Australian crypto service runs on Coinbase Prime’s infrastructure, offering institutional-grade custody, real-time market data, and trade ￰12￱ move reinforces Coinbase’s ongoing push into global B2B ￰13￱ more international rollouts expected later this year, Webull is positioning itself as a cost-effective alternative to Australia’s established crypto exchanges, many of which have faced criticism for high fees and limited service ￰14￱ Shuts Down 14,000 Scam Sites Australia’s securities regulator ASIC has taken down over 14,000 scam and phishing websites since July 2023, with crypto-related fraud accounting for 20% of the ￰15￱ agency now targets 130 new malicious sites each week, including deceptive social media ads and AI-powered schemes promising passive crypto income.

ASIC’s January–July 2025 enforcement update highlights evolving scam tactics, including cloaking, fake celebrity endorsements, and “AI washing.” The regulator has launched 345 new investigations, imposed $57.5 million in civil penalties, and wound up 95 companies tied to international pig butchering schemes , following $35.8 million in losses reported by victims in 14 ￰16￱ scam losses falling from 2022’s $3.1 billion peak, Australians lost $945 million to investment scams in 2024, making it the country’s most damaging fraud category. ASIC’s wider enforcement has also targeted greenwashing, misconduct in superannuation funds, and unlicensed operators, including the prosecution of Mormarkets director Brendan Gunn for handling suspected scam proceeds.

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