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Webull

Transfer From Webull To MetaMask (Complete 2022 Guide!)

Jamey Muller
Updated: July 14, 2022
5 min read

So you've set up an account and are ready to enter the crypto world, but you're not sure how to transfer funds from your Webull account to your Metamask? You're not even sure if it's possible! Most people are unsure where and how to begin, but this guide will provide you with the answer!

How To Transfer from Webull to MetaMask:

Unfortunately, you cannot transfer directly from Webull to Metamask. But that doesn't mean you can't do it. You just need to simply withdraw funds from Webull and deposit them into your bank account. You will then be able to transfer money from your external bank account to your Metamask wallet.

Additionally, the following are the steps you must follow to transfer from Webull to Metamask:

1. To withdraw cryptocurrency from Webull, first sign in to your Webull account.

2. After logging in, go to the “Transfer” tab and then to the “Withdraw” tab at the top of the page.

3. You'll then be directed to a withdrawal form that lists all of your funds.

4. Choose a bank account that is linked to your Webull account.

5. Select the currency you want to withdraw and enter a value next to it. Then select “Withdraw.”

6. After successfully withdrawing funds to your bank account, you must launch the Metamask wallet browser extension and create or log in to your account.

7. Select “Buy ETH,” then “Directly deposit ETH.”

8. Following that, you must enter your bank account information (Name, Card number, CVV) that is required for the transfer process.

9. Once successfully processed, the funds should be deposited into your Metamask account.

In general, the steps involved in the process of transferring funds from Webull to Metamask aren't overly complicated, but they can be difficult if you don't know what to do, and they necessitate a certain amount of patience and persistence on the part of the user. So, if you need more guidance or have additional questions, keep reading because this article will provide you with the answers you seek.

How long does it take to transfer from Webull to MetaMask?

Since you can't transfer Webull to Metamask directly, you must account for the time it takes to transfer Webull to a bank account and then from the bank account to Metamask.

Transferring Webull to your bank account can take up to three business days, but it only takes ten minutes to transfer from your bank account to Metamask.

You should also consider the speed of your internet connection to ensure a smooth transfer process.

How much does it cost to transfer from Webull to MetaMask?

When withdrawing from Webull to your bank account, you have to consider the fees that are charged, and it depends on what kind of wire transfer you'll be using. Domestic wire transfers in the United States and international wire transfers have different fees, so keep this in mind before making a withdrawal to your bank account.

According to Webull, if you are transferring via U.S domestic wire, they will charge a fee of $25 per withdrawal and $45 per withdrawal via international wire.

However, no fee will be charged when you transfer the money from your bank account to your Metamask account.

So the only factor to look for when transferring money between accounts is how much money is being transferred and what type of transfer method is used (domestic or international wire).

Is MetaMask really better than Webull?

Because it has more features, is easier to use, and has a larger community, MetaMask is a better choice than Webull.

MetaMask is an Ethereum wallet that lets you manage your funds whether you're browsing the web or using an app. It allows you to use decentralized applications (dApps) and smart contracts, both of which run on the Ethereum network. This means that MetaMask supports all of the same features as Webull but with additional features.

MetaMask also has some extra features, such as:

-The ability to store multiple accounts in one place

-The ability to use multiple accounts at the same time

-A password manager function

However, it will always come down to which one will assist you more effectively in achieving your desired outcome. So, when deciding between MetaMask and Webull, consider how much value these additional features will add to your business needs.

Can you transfer Crypto from Webull to MetaMask?

Webull is great because it is fast, simple to use, and does not require any trading experience. However, one thing that may make you reconsider using Webull is that it currently does not support the transfer of cryptocurrency into and out of your account.

While this is unfortunate, it is not a major issue—Webull is working on adding this functionality in the future, so for the time being, you can only sell the cryptocurrency and transfer it to your bank account. You will then be able to deposit the money from the sale of your cryptocurrency into your metatask account.

Can you transfer Options from Webull to MetaMask?

You cannot transfer Options from Webull to MetaMask because the two platforms store and access your data in different ways.

Webull keeps your data in a database, whereas MetaMask keeps it on the blockchain. This means you can't simply transfer your options from one platform to another because they're stored in different ways.

If you want to move your Options from Webull to MetaMask, you must first export them from Webull and then manually import them into MetaMask, which requires more effort and time.

Why can't I transfer from Webull to MetaMask?

You can't transfer your Webull holdings to MetaMask because the two platforms are not compatible. Webull is a cryptocurrency exchange, whereas Metamask is a wallet.

While exchanges hold your funds while you trade them, wallets store them and allow you to send and receive them. 

MetaMask is a cryptocurrency wallet that allows you to manage and store cryptocurrencies, whereas Webull is an online broker exchange where you can trade stocks and other securities.

You can use your Webull account to deposit funds, which you can then use to buy stocks or other securities. You can also use the web app to track your portfolio's performance and make trades.

If you want to transfer funds between two, you will need to move some of your assets into another wallet or bank account before doing so. 

Sources: 

BTSE: How to Deposit With MetaMask
iCoholder: The Most Comprehensive MetaMask Wallet Review
Wealthquint: MetaMask Wallet Fees 
Forbes: Webull Review
Webull: What are the fees for a wire transfer?

Written by
Jamey Muller
I'm the head-writer @ Knowledge Eager (or, in plain English, I'm the guy writing the majority of the content here). Addicted to the stock market, football, sushi and tacos.
Have any questions? Write us a message.
Jamey Muller
I'm the head-writer @ Knowledge Eager (or, in plain English, I'm the guy writing the majority of the content here). Addicted to the stock market, football, sushi and tacos.