Webull Launches Crypto Hourly Trading with Kalshi Partnership

A New Way to Trade Crypto

Webull, a NASDAQ-listed online brokerage, unveiled a new feature, allowing U.S. retail investors to trade hourly cryptocurrency contracts through its partnership with Kalshi.

The platform now offers Bitcoin and Ethereum markets in a simple over/under prediction format, enabling users to bet on price movements with minimal capital.

“Prediction markets are about transparency and accessibility,” said Anthony Denier, Webull’s U.S. CEO and Group President. The move aims to democratize crypto trading for novices and pros alike.

How It Works

Webull’s new offering lets users predict whether Bitcoin or Ethereum prices will rise or fall within an hour, using Kalshi’s regulated event contracts.

Unlike traditional crypto trading, which often involves high volatility and margin risks, these contracts cap losses at the amount wagered, typically $1 to $100, per Kalshi’s model.

“Our crypto hourly markets offer a very direct way to take a view on crypto,” said Tarek Mansour, Kalshi’s Co-founder and CEO.

Webull, founded in 2018, partnered with Kalshi in March to offer prediction markets on sports, politics, and economic events.

The crypto expansion builds on this tie-up, leveraging Kalshi’s infrastructure to deliver real-time pricing and settlement. “We’re reimagining what trading looks like,” Denier said.

Targeting Traders of All Levels

The hourly crypto contracts cater to diverse investors. Beginners can experiment with small stakes, building confidence without complex options risk.

Experienced traders, meanwhile, can use technical analysis to chase edges in volatile markets, with Bitcoin’s 2025 high of $103,000 fueling interest.

Webull’s platform offers tools like real-time charts and news feeds to support both groups.

Navigating a Tricky Regulatory Landscape

Kalshi’s CFTC oversight gives Webull’s crypto markets a federal stamp of approval, but state-level scrutiny looms. Lawsuits filed in Ohio, Illinois, Massachusetts, and South Carolina accuse Kalshi of running illegal gambling under a prediction market cover.

Attorney Daniel Wallach, who broke the Illinois suit, warned that states view these markets as unregulated betting.