Bull Bitcoin

Written By
Deniz Saat
Reviewed By
Jonathan Hamel

Bull Bitcoin is a platform that allows Canadians to buy Bitcoin and send it directly to their wallet. Users can sign up for recurring Bitcoin purchases while enjoying competitive fees. Customers can also sell their Bitcoin instantly and pay bills directly from their account.

Overview

  • Non-custodial and instant withdrawals
  • Pay your bills with Bitcoin
  • Excellent customer support
Overall Rating
  • Features
  • Ease of Use
  • Payment Options
  • Fees
  • Security

Jump to Section

Who Are They?FeaturesCurrencies SupportedPayment MethodsSupported CountriesFees and Buying LimitsCustomer Reviews
Is 
Bull Bitcoin
 Safe? 
ProsConsFAQ

Who are they?

Bull Bitcoin is a non-custodial Canadian bitcoin exchange that enables you to buy, sell, and spend bitcoin using your own bitcoin wallet.

The company has built their platform to provide users with complete control over their bitcoin during every transaction. Bull Bitcoin is never the custodian of user funds. Customers will always use their own Bitcoin wallet to buy, sell, or spend Bitcoin on the platform.

The founders of the Montreal Bitcoin Embassy, the world’s first physical Bitcoin center founded in June 2013, developed the Bull Bitcoin platform in 2015. Bull Bitcoin was built in order to address the lack of financial services for Bitcoiners in Canada.

Features

  • Pay with Bitcoin: Bylls feature allows users to instantly sell their Bitcoin and pay their bills such as credit cards, utilities and rent to a landlord. 
  • Technical support: Bull Bitcoin is proud to offer the highest standard of customer support in the industry. Their team is accessible at all times through their in-app live chat feature (private and secure). In addition, they can show you how to self-custody your coins and help you setup your wallet.
  • Non-custodial Bitcoin: Bull Bitcoin stands out from other exchanges because they are committed to ensuring that customers have complete control over their money. Users cannot hold any funds with Bull Bitcoin. 
  • Private and secure: All payments sent to Bull Bitcoin are coinjoined right away. In addition, UTXO aggregation is limited and there’s no address reuse. They also don’t share customer data with any third party if unapproved. 
  • Compatible with Lightning Network for increased privacy and lower transaction fees. 
  • Recurring buy option: This feature allows users not to worry about timing the market when buying Bitcoin. Regardless of the price, a user has the ability to consistently purchase the same dollar amount of Bitcoin at regular intervals which is known in the investment world as dollar cost averaging.

Cryptocurrencies

  • Bitcoin (BTC)
  • Lightning Network (BTC)
  • Liquid (L-BTC)

Fiat Currencies

  • Canadian Dollar (CAD)
  • Liquid (L-CAD)

Payment Methods

Bank account (e-transfer)

Supported Countries

Canada

Fees and Buying Limits

  • Bull Bitcoin’s pricing model operates like a traditional currency exchange. Bull Bitcoin quotes a slightly lower rate when users sell Bitcoin (“We Buy” rate) and a slightly higher rate when users buy Bitcoin (“We Sell” rate).
  • No fees for funding an account.
  • No fees for buying bitcoin.

Fees for selling: Will depend on the daily volume of Bitcoin being sold. The fee is added onto the Bitcoin being sold.

Customer Reviews

“Bull Bitcoin is the best!! Telling all my friends about the fantastic support :) I am a neophyte and the help was so fast and rewarding. 10/5 :) :)”

-Randy

“Bull Bitcoin was suggested to me as a solid, respectable exchange. In this day and age, that means something different to different people. I have one word... RESPECT! The staff at BB have been amazing and tech support is 100%.. I HIGHLY recommend this crew.” 

-Sean

“I had a great experience using Bull Bitcoin for the first time. It was a short verification process on my initial funding then I was all set to purchase Bitcoin. I made an order and my sats were sent directly to my custody with no fees. If you're looking for a place to acquire Bitcoin I highly recommend Bull Bitcoin. The non-custodial platform is the way to go.” 

-Harley

Is 

Bull Bitcoin

 safe? 

Bull Bitcoin adheres to all security standards for a safe experience. No user funds are ever stored with Bull Bitcoin. Bull Bitcoin immediately sends the BTC to the user's own Bitcoin wallet after they click the “Buy Bitcoin” button. These bitcoins are part of Bull Bitcoin’s own bitcoin inventory that is kept on their Bitcoin Core node. Users’ Bitcoin is never held by the company. Users of Bull Bitcoin are unable to and do not maintain a balance in bitcoin on their Bull Bitcoin account.

The majority of Bitcoin exchanges utilize third-party institutional wallet providers to maintain custody of their own bitcoin, the bitcoin of their users, and to send and receive bitcoin transactions. To get around these custodial service providers, Bull Bitcoin has created its own self-hosted, open-source Bitcoin wallet system called Cyphernode.

Additionally, Bull Bitcoin has no debt to any other parties. Bull Bitcoin also does not provide loans to any companies.

Pros of 

Bull Bitcoin

  • Non-custodial Bitcoin exchange that does not hold user funds.
  • Customer service is extremely helpful.
  • Customer data is not shared with third parties.
  • Quick verification for new accounts.
  • Recurring buy option.
  • Sell Bitcoin and pay your bills without using your traditional bank account

                                                                                                        

Cons of 

Bull Bitcoin

  • Only available in Canada.
  • Not beginner friendly and requires users to know how to self-custody their Bitcoin.

FAQ

Is Bull Bitcoin a good crypto exchange?

Bull Bitcoin is an excellent option for purchasing Bitcoin safely and securely. As a non-custodial Bitcoin exchange, Bull Bitcoin cannot lose users’ funds. However Bull Bitcoin requires users to know how to self-custody their own Bitcoin. It is also important to note that Bull Bitcoin only sells Bitcoin.

Is Bull Bitcoin available in other countries outside of Canada?

No, Bull Bitcoin is only available for Canadian residents.

Does Bull Bitcoin have a minimum amount for opening an account?

No, Bull Bitcoin does not require a minimum initial deposit or an opening balance. No user funds are held with Bull Bitcoin.

Do I have to pay a fee to sign up for a Bull Bitcoin account?

No fee is required for signing up with a Bull Bitcoin account.

Does Bull Bitcoin have a referral program?

Yes, Bull Bitcoin has a referral program called “The Mission”. You receive $10 for every new user who signs up and you will receive 0.5% of all transaction volume that each of your referrals execute on the exchange.

Does Bull Bitcoin have trading fees?

Bull Bitcoin operates like a traditional currency exchange where quotes are slightly lower for selling bitcoin and slightly higher for buying bitcoin. Please check their rates page for more information on additional rates for selling bitcoin.

WRITTEN BY
Deniz Saat
Deniz Saat is an IT services specialist and technical writer.
REVIEWED BY
Jonathan Hamel
CEO and Founder of Académie Bitcoin

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