What is Bullish?
Launched in November 2021, Bullish is a blockchain-based cryptocurrency trading platform that aims to revolutionize the traditional exchange model. This platform operates as a regulated and externally verifiable exchange, offering a unique combination of a high-performance central-limit-order-book matching engine and DeFi-derived Liquidity Pools. The innovative Bullish Order Book integrates elements of a traditional Central Limit Order Book (CLOB) with Automated Market Making (AMM) protocols.
Platform Features
The Bullish Order Book is designed to provide users with automated market-making capabilities and yield-earning opportunities. Customizable automated market-making instructions (AMM instructions) are implemented for each trading pair, allowing clients to trade and earn income at scale across diverse market conditions. The platform's evolution from a traditional exchange emphasizes transparency, market-neutrality, and determinism in price facilitation.
Digital Asset Offerings
Bullish currently offers a range of cryptocurrency pairs, as listed on its official trade page. The platform aims to expand its digital asset offerings in the future, in accordance with regulatory requirements and customer demand.
Global Accessibility
Operating in 40+ jurisdictions globally, Bullish provides a wide-reaching cryptocurrency trading experience. The total trade volume can be monitored on the bullish.com homepage.
Going Public
Bullish is actively pursuing a public listing on the New York Stock Exchange through a merger with special purpose acquisition company Far Peak Acquisition Corp (NYSE: FPAC). The leadership team, led by CEO Thomas W. Farley, envisions a transformative future for Bullish, combining financial services, blockchain expertise, and technology acumen.
Regulatory Compliance
As a majority-owned subsidiary of blockchain software company Block.one, Bullish adheres to an institutional-caliber regulatory compliance framework. The platform holds licenses from the Gibraltar Financial Services Commission and is registered as a Money Service Business with the U.S. Treasury’s Financial Crimes Enforcement Network (“FinCEN”).
Security Measures
Bullish prioritizes security through its layered custody solution, incorporating offline cold storage, multi-sig processes, and self-managed hot wallets. The platform utilizes a private blockchain to enhance security, transparency, and resiliency. Additionally, Bullish employs WebAuthn standards to create a password-free authentication environment, enhancing the overall security of user accounts.
Conclusion
With its unique combination of traditional and decentralized finance elements, regulatory compliance, and a commitment to security, Bullish presents itself as a dynamic and innovative player in the cryptocurrency trading space, poised for growth and expansion.
What are the trading fees on Bullish?
Taker Fee 0.01%
Maker Fee -0
Does Bullish offer leverage trading?
Bullish does not currently offer margin trading or leverage options.
