Assets, Bitcoin

Do You Actually Own Bitcoin on Webull?

When you buy bitcoin on Webull, you are buying a digital asset that is not bound by any government or financial institution. Bitcoin is stored in a digital wallet and can be used to purchase goods and services, or exchanged for other currencies.

Bitcoin is a decentralized peer-to-peer electronic cash system that does not require a central authority to manage or oversee transactions. Bitcoin is not subject to inflation, and its value is determined by market forces.

NOTE: WARNING: Trading and investing in cryptocurrencies (such as Bitcoin) through Webull can be highly speculative and carries a high degree of risk. The risk of loss in trading or holding cryptocurrencies can be substantial. You should carefully consider whether trading or holding cryptocurrencies is suitable for you in light of your financial condition. Cryptocurrency prices are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade cryptocurrencies, you should carefully consider your investment objectives, level of experience, and risk appetite.

When you buy bitcoin on Webull, you are responsible for maintaining the security of your bitcoin. Webull does not offer custodial services for digital assets.

This means that if your account is compromised, or if you lose your private keys, Webull cannot help you recover your bitcoin.

While buying bitcoin on Webull is a simple process, there are risks associated with all investments. Before investing, be sure to do your own research and understand the risks involved.

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