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

Our markets.

Trading pairs include:

BTC / USDC

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 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 are a full-reserve exchange and customer assets are held 1:1.
  • We run daily reconciliations to confirm customer assets in custody match customer account balances.
  • Customer assets are strictly segregated from Bullish assets.
  • Customer assets are stored in dedicated and segregated 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.