Cypherpunk Bitcoin Exchange
What to know about Bull Bitcoin?
Founded in Montreal, Canada, in 2013, Bull Bitcoin’s primary claim to fame is its noncustodial exchange model. Which means, rather than take your fiat and credit a bitcoin balance to your account on their books, Bull Bitcoin forces users to input a Bitcoin public address before purchase event. Bull Bitcoin also happens to be THE longest running BTC-only, self custody exchange.
Bull Bitcoin recently went multinational, bootstrapping a team in France and expanding its services to the whole eurozone. The move comes only a year after announcing their expansion into Costa Rica. The move to Costa Rica was famously driven by an escape from the Covid restrictions in Canada, which Francis protested and opposed.
Bull Bitcoin was an early adopter of Lightning network and have integrated PayJoin which helps control costs. Learn more about PayJoin here
Additionally, Bull Bitcoin is currently working on their BULL Wallet.
Bull Bitcoin has NOT raised any money, ensuring they stay true to their vision(s).
This is a stark contrast to most of the traditional Finance and most of the Crypto realms. Where the moto is raise money early and often, the problem you need to service that debt and accommodate those investor needs.
Dedicated support website
Their customer focused support can be found at bitcoinsupport.com. This support site offers users a range of consulting and education packages to move them through the journey into bitcoin self-custody with proper guidance. Their model also includes a policy that no user data ever leaves Bull Bitcoin, ensuring privacy through the entire onboarding thru purchase experiences.
Summary
Bull Bitcoin noncustodial exchange model method proves that not all crypto exchanges have to operate in the same manner. I like this method / approach, although I have not used it; yet. Hat's off to Bull Bitcoin for being THE longest running BTC-only exchange, very impressive. While opening Central and South America via their Costa Rican office I expect a wider global push based on their success rates thus far.
Credits
BullBitcoin.ca Blog Image = ALL RIGHTS REMAIN!