Bullish Global Review 2026

Bullish Global is designed for crypto enthusiasts focused on trading the crypto market without the noise of a typical crypto exchange. They offer low fees and access to multiple markets. In addition to the cheap fees, Bullish Global offers powerful features for advanced users to capitalize on, like OTC and crypto options.

Throughout this Bullish Global review, we'll examine its features, discuss its fee structure, highlight the platform's significant benefits and disadvantages, explain its history, and provide a step-by-step guide on creating and verifying a Bullish account.

Bullish Global Review: Pros and Cons

Pros

• Regulated by multiple authorities
• Extremely low trading fees
• Publicly traded company
• Regularly audited by Deloitte
• Simple and advanced modes
• No hack or security breach history
• Provides access to spot and futures markets

Cons

• Doesn't support staking
• Only 7x leverage
• Relatively limited selection of assets

Bullish Global Background and Reputation

Considering an exchange's reputation and track record is equally essential as analyzing its features and fees, as it provides valuable insight into the user experience.

Company Overview

Founded in 2021 by Brendan Blumer, Bullish Global is an advanced trading platform specializing in cryptocurrency perpetuals. However, it also supports spot trading and lets users speculate on crypto via various financial products, making it highly flexible.

Peter Thiel and Richard Li invested in Bullish during its early days. The company has since gone public, hosting its Initial Public Offering (IPO) in August 2025. Bullish trades under BLSH on the New York Stock Exchange (NYSE). Because it's a public company, Bullish is transparent and regularly audited, enhancing customer safety.

Unlike some lesser-known exchanges, the Bullish Global team is transparent and has a history of working with publicly traded companies. The exchange has offices worldwide, including in New York, Gibraltar, Hong Kong, Singapore, London, Frankfurt, and the Cayman Islands, contributing to its global presence.

Regulation & Licensing

Centralized exchanges attain licenses in their operating regions to stay above board and contribute to customer safety. Unregulated platforms typically lack basic consumer protection.

While it's common for exchanges to acquire a license in a single region and claim to be regulated, Bullish Global has attained four: The Gibraltar Financial Services Commission (GFSC), German Federal Financial Supervisory Authority (BaFIN), and Hong Kong Securities and Futures Commission (SFC) have all licensed Bullish.

In September 2025, Bullish announced that it was awarded a BitLicense from the New York State Department of Financial Services (NYDFS), enabling its expansion into the United States, the world's highest-value crypto market.

Trust & History

No reports or evidence indicate that Bullish Global was hacked or suffered a security breach. The platform has operated consistently without major incidents, demonstrating that it has implemented robust security measures.

Bullish Global is audited by Deloitte, a Big Four accounting firm, so customers can be sure it is financially sound and transparent. Moreover, the exchange publicly discloses its security measures, risks, and policies, which helps to reduce information disparity between the platform and its customers.

User Reviews

Despite being relatively popular, there aren't many Bullish Global user reviews. While this may initially seem like a cause for concern, it could indicate that users have a largely positive experience, as it's much more common for negative feedback to be shared than positive.

There are no genuine reviews of Bullish on Trustpilot, and the Reddit discussion is heavily centered around the firm's recent IPO rather than the platform itself.

The few available comments mainly center around Bullish's formation. It was funded heavily by Block.One ($400 million cash, 164,000 BTC), which the company raised primarily (roughly $4 billion) from the EOS Initial Coin Offering (ICO). Bullish was slated to integrate EOS, but this implementation never materialized.

How to Sign Up for Bullish Global

Learning how to use Bullish Global can be daunting. It's an advanced crypto trading platform with high-risk products. However, you can get started easily by following the step-by-step guide below.

Step 1: Create Bullish Global Account

Before using the platform, you must complete the Bullish Global sign-up process. It only takes a couple of minutes. From the homepage, click the green 'Sign Up' button. Then, enter an email address. Then, you'll have to enter a confirmation code sent to your email from 'donotreply@email.bullish.com'

To help users secure their accounts, Bullish Global requires people to set up a security question before accessing the platform. Afterward, you must enter and confirm a password. We recommend using a unique password containing a mixture of capitals, numbers, and special characters to make your account harder to compromise.

At this stage, Bullish Global will prompt you to set up a passkey or Two-Factor Authentication (2FA) via an authentication app like Google Authenticator. It's not required, but it's highly recommended as it helps secure your account better.

Step 2: Verify Your Account (KYC)

After creating your Bullish account, you must verify it before trading. A green banner will appear once your account has been made, prompting you to complete verification. Click 'Get started now', then press the green 'Complete verification' button. Verification usually takes a few minutes once you've provided the required information.

You'll have to upload a photo or take a picture of your photo ID (passport, driving license, national identification card). Users can swap to mobile for this part of the process. I completed KYC on mobile. Scanning my ID took a few seconds, similar to the face scan.

After providing my ID, I had to enter my home address. Providing accurate details is vital because Bullish requests proof of address (utility bill, bank statement, etc.). At this stage, Bullish Global will inform you if you're from a country where it doesn't (or cannot) operate.

You will be assigned a wallet address upon verification.

Step 3: Deposit Funds and Start Trading

When you're ready to buy Solana or start trading, click the grey 'Deposit' button in the top right corner. Then select the asset you'd like to deposit, double-check the network is correct, and send a transfer to the address Bullish provides.

Deposit times vary by asset, usually from a couple of minutes to a few hours. There are no minimums or fees for depositing. However, Bullish Global's system cannot recognize excessively small deposits with too many decimals. But this is unlikely to be an issue.

Initial Setup & User Experience

The user experience is instrumental for a crypto exchange. They're inherently advanced products, so there's no need to overcomplicate them. Here's how Bullish Global handles the process:

Ease of Use

Bullish Global is an advanced crypto trading platform. It caters directly to traders instead of targeting a general audience of crypto enthusiasts, which is the strategy of comprehensive platforms like Coinbase or Kraken.

While testing for this Bullish Global review, I found that accessing the exchange's various features is straightforward. It's divided into two codes: 'Simple' and 'Pro'. While it doesn't offer a fiat on-ramp, a simple tool for converting cryptos and buying Ethereum or any other supported asset with USDC is available.

Bullish Global is an okay crypto exchange for beginners, thanks to its dual modes. However, novice features are limited, and the 'Pro' mode offers complex products that carry significant risk, so it's best to avoid Bullish Global if you're inexperienced.

Display & Buttons/Touchscreen

I was impressed with the platform's responsiveness and speed during testing for this Bullish Global review. Most exchanges take 2 to 5 seconds for trading interfaces to load and populate with data, while Bullish Global is almost instant, ideal for power users who frequently swap between tools.

Finding Bullish Global's various features is relatively simple. There are two navigation bars, one containing features and the other trading markets. My only complaint was the lack of prompting regarding the Simple/Pro modes. I had to find the toggle myself, which is not great for beginners.

Mobile App Review

In contrast to the vast majority of crypto exchanges, Bullish Global does not offer a mobile app, regardless of whether you have an Android or iOS device.

Bullish Global can only be accessed via the web. As part of my Bullish Global app review, I tested the platform using an Android device and found that it adapts well to mobiles.

While the interface is a bit overwhelming due to showing the order book in full screen, users can access charts, futures, options, and every other desktop feature, making it surprisingly capable. So, although no Bullish Global app is available, the platform is still usable on mobile devices.

Bullish Global Key Features & Services

Whether using an all-in-one Centralized Exchange (CEX) or a specialist platform with only a few features, certain aspects are indispensable for any. They include:

Buying & Selling Crypto

Users can buy Bitcoin and 55 other Bullish Global-supported coins, along with EUR and USD. The crypto trading platform also offers 49 futures pairs, including some CoinDesk indices (CD100, CD20, CD80, CDMEME) - bundles of related crypto assets. Dated futures and crypto options are also available.

While its crypto selection is already relatively limited compared to exchanges like Bybit or KuCoin, which offer hundreds to thousands of tradable tokens, GEO restrictions apply and further limit the selection. For example, FTM and ICP are unavailable in Europe and Hong Kong. The whole list of restrictions is available here.

The primary method of funding a Bullish Global account is using digital assets. However, users can also deposit USD or EUR via wire, CUBIX, or CHATS transfer. No alternative on-ramps exist, like a Peer-to-Peer (P2P) marketplace or a third-party tool for buying and selling crypto.

When charting, you cannot click the trading pair to bring up the menu of available assets. Instead, you must hover over 'Spot' or 'Perpetuals' in the navigation bar. While this is a minor issue, it could cause some confusion for people who have experience with exchanges like Binance.

Unfortunately, Bullish Global offers only 7x leverage for short-term traders who capitalize on small, fast moves. While it's not as streamlined as crypto exchanges for beginners like Coinbase, Bullish Global is a perfectly usable crypto investment platform once people familiarize themselves with its quirks.

Trading Platform

As mentioned, two Bullish Global modes are available, each with slightly different interfaces.

The 'Simple' mode is tailored to beginners. It features a straightforward interface for buying/selling/converting crypto and basic line charts for people to track price history. The 'Pro' mode features an order book and riskier, advanced features like crypto derivatives and an Automated Market Maker (AMM) for extra earnings.

Crypto trading order types make it easier to enter or exit a position precisely when you want to, boosting profits and reducing losses. Bullish Global offers four order types and three time conditions:

Bullish Global integrates TradingView for its charting and analysis, providing a familiar but versatile solution. Users can access an extensive variety of technical indicators and drawing tools, while charts can be enlarged for easier analysis. Moreover, a depth chart is available to assist traders in visualizing where liquidity is.

One of Bullish Global's most significant advantages is that it offers multiple trading methods. Users can access the spot market, perpetual futures, dated futures, and crypto options. This selection caters to traders, investors, and professionals aiming to capitalize on small movements.

According to CoinMarketCap, Bullish handles around $2.25 billion in daily spot volume and commands a liquidity score of 674, which places it roughly on par with BitFlyer (684). Its depth chart makes it easier to understand how much liquidity is available for each asset. For Bitcoin, 170+ BTC was available.

Supported Wallets & Custody

Like any top cryptocurrency platform, Bullish Global includes a wallet for people to store their assets. Any crypto that Bullish supports for trading can be stored in the exchange's wallet. However, other assets, even those on the same network (e.g., ERC-20 cryptos), are unsupported.

According to a Chainalysis money supply report, investors have permanently lost between 2.3 and 3.7 million BTC (out of the 21 million total supply). These losses occur mainly due to lost/misplaced seed phrases and forgotten wallets, which become impossible to locate or access.

My Bullish Global crypto wallet review found that it offers a custodial wallet, meaning the company controls the private keys/seed phrases associated with and used to recover a wallet. This suits beginners as it eliminates the risk of losing a seed and enables easy recovery via email/password/authenticator apps.

People seeking the most secure crypto exchange may prefer using non-custodial wallets. They provide complete asset ownership and give users control over their seed phrases. Some Decentralized Exchanges (DEXs), like PancakeSwap, enable crypto trading by connecting to non-custodial wallets (MetaMask, Exodus).

Earning & Lending

The best crypto exchanges for long-term investors usually offer crypto staking, which enables users to earn rewards for holding assets on the platform and contributing to network security. Unfortunately, Bullish Global doesn't provide any staking capabilities. Some of the best staking exchanges include Bybit and Phemex.

Still, the Bullish global lending system lets users earn yield on idle assets. People create a loan offer and decide on a rate they're happy with (or use predetermined Bullish Global interest rates), then earn a yield on their assets if a borrower utilizes their funds.

The Bullish Global loans tool is available exclusively for institutional clients, not regular users. Moreover, there are no Bitcoin mining pools or trading bots, so Bullish Global heavily lacks tools for earning interest on cryptocurrency.

Security Measures

Security is essential for a crypto trading platform. One of the easiest and most effective ways to protect your account is through Two-Factor Authentication (2FA). This requires users to enter a code sent to their mobile device before logging in or completing sensitive actions like withdrawing funds.

I checked out Bullish Global's security settings and saw that it supports setting passkeys using your computer, phone, or a dedicated hardware security key. Moreover, 2FA is available via authenticator apps like Authy. SMS 2FA is unavailable to prevent SIM-swap attacks.

The vast majority of assets stored on Bullish Global are kept offline in cold storage, helping to prevent network attacks. The exchange utilizes multi-signature wallets and keeps private keys isolated from each other. Moreover, Bullish Global segregates customer and company funds to avoid co-mingling and asset misuse.

Although Bullish Global lacks criminal insurance, which protects against hacks, its custody partners, BitGo and Fireblocks, maintain coverage. For example, BitGo backs assets up to $250 million, covering a significant percentage of user assets on Bullish Global.

Is Bullish Global legit? While the exchange doesn't undergo audits from crypto-specific firms like CertiK, it's a publicly traded company and must release transparent financial records. Deloitte audits Bullish Global, with the company under strict scrutiny as an NYSE-listed stock.

Unfortunately, Bullish Global does not support anti-phishing codes (special codes shown on legitimate communications), which makes it easier for bad actors to mimic the platform. However, it does provide a withdrawal address whitelist for people to set approved withdrawal destinations to prevent funds from being transferred if their account is compromised.

While Bullish Global backs customer assets 1:1 and runs daily checks to ensure they're correctly collateralized, it doesn't offer a verifiable proof-of-reserves system. While this would usually be a cause for concern with other exchanges, it's largely irrelevant to Bullish Global because its financials are audited and public.

Payment Methods & Fees

One of the most significant advantages I found during my Bullish Global review is that the exchange doesn't charge deposit fees. Users can deposit fiat or cash completely free of charge, which is excellent for people making regular, smaller deposits, as it enables account funding without excessive losses.

However, there are some Bullish Global withdrawal limits to be aware of. There's a charge for withdrawing to incentivize users to keep funds on the exchange. It varies by asset, but the rates for some of the most popular cryptocurrencies and fiat withdrawal options are:

Bullish Global's deposit methods and withdrawal fees are highly reasonable compared to other exchanges I've reviewed. While it does charge more for taking funds off the exchange, costs aren't excessive or predatory, supplementing its positive user experience.

Something else that separates Bullish Global from other exchanges is its fee structure. It's incredibly cost-effective, but challenging to understand. If you don't have much trading experience, you're unlikely to understand it at a glance.

Bullish Global's cryptocurrency fees are explained in the table below:

This data shows that Bullish Global is one of the cheapest crypto exchanges on the market. Average fees for the best crypto exchanges are usually around 0.1%. With Bullish global eliminating maker fees and boasting cheap takers, it could be the top low-fee crypto exchange.

Setting up or maintaining a Bullish Global account is free; however, there are a few extra costs to be aware of. It's also essential to remember that crypto isn't tax-free. Paying the correct amount can be challenging. Thankfully, the Blockpit tax software has a Bullish integration streamlining the process.

The Bullish Global fees for liquidations are 0.5% while sending Automated Market Maker (AMM) instructions incurs a fee divided into three categories: (75:25, 90:10, 100:0). The smaller number represents the amount the exchange retains of the gross AMM payment.

Individual accounts have a $10,000 maximum 24-hour withdrawal limit; professionals receive $1 million, and institutions get $10 million. As mentioned, there are no real minimum deposit limits for Bullish users. However, there are a handful of minimums for withdrawing crypto assets:

All in all, Bullish Global is a low-fee crypto exchange. However, its fee structure takes a lot of getting used to because it is divided into many categories. Moreover, the exchange uses a Basis Point (BPS) system instead of defining fees as a percentage, which could confuse less experienced traders.

Customer Support

Based on numerous crypto exchange reviews that I've conducted, most reputable platforms offer three methods of support: a help center covering common topics, like using Bullish Global's features, a chatbot or AI assistant to answer basic questions or direct users to relevant articles, and human support for more complex issues.

When testing Bullish Global, I was surprised by its lack of a robust support system. Users can access a help center, which covers the fundamentals. However, the Bullish Global customer support team does not offer live chat. A request system exists, but it doesn't provide a response timeline or estimate.

Considering its status as a public company, Bullish Global's customer support is inadequate. Users cannot receive timely assistance, and the help center is much sparser than other exchanges I've looked at. While writing this Bullish Global review, I had difficulty finding documentation and understanding how specific features worked.

Based on my testing and research, Bullish Global aims to respond to support requests in under 24 hours. Sometimes replies can be faster, or slower at other times. Availability is not listed, and there's no live chat. Response times are slow, so the team's hours of availability have minimal impact.

Geographical Availability

As its name implies, Bullish Global operates worldwide. It holds many licenses, enabling it to operate in the United States, Europe, Asia, and more. However, there are some essential restrictions to be aware of. For example, Bullish Global is restricted in the UK unless you're a professional or high-net-worth individual.

With multiple licenses, Bullish must follow Know-Your-Customer (KYC) and Anti-Money Laundering (AML) guidelines. Moreover, it will comply with law enforcement requests for user data to prevent criminal activity and ensure it can continue operating lawfully.

Other Bullish Global Products and Services

Bullish Global isn't just for buying Cardano and trading crypto. The exchange offers a selection of other features that aren't crucial for an exchange but enhance the user experience. They include:

Automated Market Maker (AMM)

Its Automated Market Maker (AMM) tool is a unique Bullish Global feature. Users submit AMM instructions and earn rewards while their offer is active.

Only the BTC/USDC pair supports submitting AMM instructions. Users must define a spread (the difference between their highest and lowest offers) and upper/lower price boundaries. Participants generate income while the market is between these boundaries. This advanced product is unsuitable for beginners but can enhance experienced users' earnings.

Over-the-Counter (OTC) Desk

If you're a high-volume trader or investor who wants to buy Shiba Inu or any other crypto that Bullish supports, its Over-the-Counter (OTC) trading desk could be ideal.

Instead of submitting your purchase directly into the order book, which can adversely affect price, particularly in low liquidity markets, OTC orders are handled off-market with a set cost per token agreed beforehand. This prevents price change surprises and keeps the market smooth for other participants.

Crypto Options

Bullish Global also provides users with access to cryptocurrency options contracts. The tool, which is exclusively available for the BTC/USDC pair, lets users speculate on the price of BTC at fixed dates.

Options contracts give users the choice, but not an obligation, to purchase a certain amount of BTC at a specific price, regardless of the current market price. For this privilege, traders pay a premium. They can exercise the option if it's profitable or let it expire, losing only the premium.

Bullish Global vs Other Crypto Exchanges

Here is how Bullish Global stacks against other top crypto exchanges in the market

Who is Bullish Global Best Suited For?

After testing the platform for this Bullish Global review, I found the exchange is explicitly tailored to advanced traders. It provides multiple ways to trade and specialist products like crypto options and the AMM tool. However, investor-centric tools, such as staking and a recurring buy system, are unsupported.

Bullish Global is a public company that's regularly audited and regulated by several top-tier authorities, making it a strong choice for security-conscious crypto enthusiasts. However, despite having a 'Simple' mode with an easy purchase/swap interface, Bullish Global is not ideal for beginners or novice traders due to its complex features.

Conclusion & Final Verdict

Bullish Global could be perfect if you're looking for a powerful and regulated crypto trading platform. It has some of the industry's lowest trading fees and multiple ways people can buy/sell crypto, giving it significant appeal for professional traders.

After thorough testing for this Bullish Global review, I was impressed with the platform. While it doesn't put much effort into catering to investors or beginners, it's a highly capable trading platform with substantial advantages over mainstream alternatives like Binance or Bybit. Overall, Bullish Global is an excellent low-fee exchange.

FAQs (Frequently Asked Questions)