- Licenses & Disclosures
Webull Pay Licenses & Disclosures
Webull Pay Global Terms of Service
Webull Pay Global Privacy Policy
Webull Pay Community Agreement
Webull Pay Fee Schedule
Webull Pay LLC Acceptable Use Policy
Webull Pay Customer Agreement
Webull Pay Cryptocurrency Risk Disclosure
Webull Pay Virtual Currency User Agreement
Esign Consent
Bakkt User Agreement
(NY, Guam, Northern Mariana Islands)
Bakkt Licenses & Disclosures
(NY, Guam, Northern Mariana Islands)
Data Disclaimer
Bakkt Privacy Policy
(NY, Guam, Northern Mariana Islands)
| All fees | Amount | Details |
|---|---|---|
| Get Started | ||
| Open account | $0 | Webull Pay does not charge an account opening fee |
| Usage Fees | ||
| Monthly fee | $0 | Webull Pay does not charge periodic fees |
| Inactivity fee | $0 | Webull Pay does not charge periodic fees |
| Transactions | ||
| ACH Deposit - Add money from your bank account | $0 | Webull Pay does not charge a fee to transfer funds to the App from your bank account |
| ACH Withdraw - Withdraw money to your bank account | $0 | Webull Pay does not charge a fee to transfer funds to your bank account from the App |
| ACH Reversal – An ACH that reverses for any reason | $6 | Any ACH reversal will incur a $6 fee to the customer cash balance. |
| Trading Spread – A fee charged on crypto buys and sells | 1% | A 1% spread is included in the price of each buy and sell order |
| Coin Transfer Network or Gas Fee – a fee charged on crypto transfers in and out of Webull Pay | Varies | Cryptocurrency networks charge a network or gas fee for coin transfers in and out of Webull Pay. Webull Pay will present an estimated gas fee at the time of a coin transfer, and the amount of the fee is dependent on factors such as the coin being transferred, and the congestion on the coin's network at the time of the transfer. Webull Pay does not charge any additional fees for coin transfers. |
| Information | ||
| Customer Service (email) | $0 | No fee for emailing Webull Pay Customer Service |
| Customer Service (live) | $0 | No fee for calling Webull Pay Customer Service |
Your funds will be held at or transferred to Lead Bank, an FDIC-insured institution. Once there, your funds are insured up to $250,000 by the FDIC in the event Lead Bank fails, if specific deposit insurance requirements are met, and your account is registered. See fdic.gov/deposit/deposits/prepaid.html for details.
No overdraft/credit feature.
Webull Pay LLC (NMLS ID 1886762) is a licensed money transmitter and has a registered address of 108 W. 13th Street, Wilmington, DE 19801.
If you experience any issues please contact Webull Pay customer support via +1 (888) 828-0618 or at support@webull.com.
Please be aware of fraud and potential scams. Any actual or suspected Unauthorized Access and/or Unauthorized Activity will be treated by Webull Pay as potentially fraudulent. You agree to notify us within twenty-four (24) hours if you become aware of or suspect any Potentially Fraudulent Activity, by emailing Webull Pay customer support.
For residents in New York, Guam and Northern Mariana Islands only:
Digital asset services are provided by Bakkt Financial Solutions I, LLC ("Bakkt") (NMLS ID 1890144) through the Webull Pay platform operated by Webull Pay, LLC dba Webull Pay. Bakkt is not a registered broker-dealer and is not a member of SIPC or FINRA. Digital assets are not FDIC- or SIPC-insured. Bakkt Financial Solutions I, LLC is licensed to engage in virtual currency business activity and money transmission by the New York State Department of Financial Services. Please ensure that you fully understand the risks involved before trading. See here for Bakkt Licenses and Bakkt Disclosures.
Webull Pay LLC has collaborated with Bakkt Financial Solutions I, LLC ("Bakkt") to provide you convenient access to cryptocurrency trading. Webull Pay LLC and Bakkt are separate entities. As a customer of both Webull Pay LLC and Bakkt, you have an account at Bakkt to manage your cryptocurrencies.
For more assistance, please contact us via our in app Help Center or at support@webull.com.