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Best execution in crypto’s biggest assets.

Buy, sell and trade crypto with near-zero spreads and low fees on Bullish. Best-in-class for institutions, now available for serious traders.

TOTAL Trade Volume (24h)

$0

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High-performance crypto trading for BTC, ETH, and other digital assets.

No maker fees
1 bps taker fees
$0.10*BTC-USDC spread
$0.01*ETH-USDC spread
*Based on the mode for bid-ask spread.
*Based on the mode for bid-ask spread.
Unified Trading Account

Maximize capital efficiency by trading spot, margin, and perpetual futures within a single, cross-collateralized account.

Our largest markets.

Trading pairs include:

BTC / USDC

BTC / USDT

ETH / USDC

ETH / USDT

ETH / BTC

USDC / USD

USDT / USDC

EOS / USDC

MATIC / USDC

LTC / USDC

UNI / USDC

LINK / USDC

AAVE / USDC

CRV / USDC

MANA / USDC

SUSHI / USDC

DOGE / USDC

XRP / USDC

CHZ / USDC

LRC / USDC

Perpetual futures

BTC and ETH perpetual futures with up to 7x leverage, 1 basis point to take, 0 basis points to make and minimal slippage.

MARGIN TRADING

Auto-borrow (“borrow-to-trade”) when needed. Auto-repay to minimize funding costs.

Spot trading

Best-in-class order matching engine. Fully automated execution—no manual intervention. Matching on a price (per tick) and time priority.

ACCESS OUR API

Gain access to a range of trading features by connecting to the Bullish API.

Trade with REST and FIX.

Place AMM Instructions with REST.

Monitor markets and private data with REST and Websocket.

Safeguarding your assets.

Bullish’s hardware, software, and operational safeguards ensure platform security and the safety of customer funds. We operate as a full reserve exchange, ensuring that customer assets are consistently maintained in a 1:1 ratio and segregated from Bullish assets.

  • Multi-layer protection with hardware, software, and operational safeguards.
  • Secure inbound, storage, and settlement wallet structures with protocols that govern wallet interaction.
  • Rigorous key management including offline private key isolation, policies that determine what keys are required to sign a transaction, and disaster recovery.
  • Cryptographic security ensures tamper proof authorization and auditability for all transactions.

Learn more about Bullish’s custody architecture

Our annual financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) and audited by Deloitte & Touche LLP.

Learn more about our commitment to trust & transparency

  • We operate as a full-reserve exchange, maintaining a one-to-one ratio of customer assets.
  • We run daily reconciliations to confirm that the amount of customer assets in custody matches the customer account balances.
  • Customer assets are stored in omnibus custodial wallets strictly segregated from Bullish assets.
  • We don’t lend out customer assets or use them for our own trading or investing purposes.

Regulated.

Bullish is licensed by the Gibraltar Financial Services Commission (GFSC), which applies international regulatory standards and supervisory best-practices.

Audited.

Our annual financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) and audited by Deloitte & Touche LLP.

Compliant.

We conduct rigorous customer due diligence through mandatory KYC/ KYB verification, regular AML checks, and consistent transaction and trade monitoring.

Institutional trader?

Connect with a relationship manager.

Source: CoinMetrics.