Bull Bitcoin exchange profile

Bull Bitcoin combines a Bitcoin exchange, larger negotiated transactions and tools for receiving purchases in a personal wallet. The customer chooses a fiat route and a Bitcoin delivery method; there is no multi-asset order book to navigate. Its public service map extends beyond Canada into Europe and parts of Latin America. The detailed contractual discussion below concentrates on the separately published Canadian and European agreements.[1]

Bull Bitcoin is the principal trading counterparty under both regional agreements.[5][6]

The Canadian contract cancels an underfunded DCA plan and requires reactivation; the DCA guide says it skips and retries. Check the plan’s status after a shortfall.[5][9]

The published index is a trigger and reference price. The executable buy price includes a markup, so a limit instruction does not cap the final price at the index trigger. The platform displays the effective spread for standard, recurring, limit and Autobuy purchases.[8]

Illustration only: an assumed CAD100,000 index trigger and 1% markup produce a CAD101,000 buy price. A CAD1,010 purchase then buys 0.01 BTC before any separate delivery charge. The 1% is hypothetical, not Bull Bitcoin’s current quoted spread.[8]

The tariff permits Lightning exchange payments without a minimum, capped at 0.15 BTC; the Canadian agreement gives 1,000 satoshis–0.25 BTC. Confirm the accepted range. The separate BULL Wallet limits below concern swaps, not exchange delivery.[5][7]

Funding by bank bill payment requires the payment details generated inside the Bull account, then an instruction from the customer’s bank. The bank can schedule repeat payments independently of the purchase plan. The older setup guide’s uncapped amount and 2–3-day estimate differ from the current tariff above; its procedural instructions do not override the newer published limits.[11]

A Canadian sell quote lasts five minutes. The rate locks when the unconfirmed payment is detected, but fiat is released only after confirmation. Completed sales are final. Cash-balance withdrawals must go to the owner’s bank; a third-party sale recipient is a different instruction.[5]

The sell workflow also explains the practical sequence: specify the fiat amount and recipient, receive the Bitcoin invoice, pay it from the wallet, and wait for the receiving bank or biller to process the resulting fiat payment. Keep the sale reference and recipient information until the destination credits it.[3]

For Costa Rica, the operator documents conversion to colones for a SINPE Móvil phone-number recipient, including through the Bitcoin Jungle integration. Bull Bitcoin performs the conversion; the recipient receives a local fiat transfer. This establishes the documented payment route, not a complete residency or contracting-entity matrix for every Latin American service.[25]

Self-custody starts with the receiving wallet: the purchase page says Bull Bitcoin does not retain the purchased Bitcoin for the customer. Its fiat balance is different. The Canadian agreement describes that balance as uninsured and unsuitable for leaving money beyond a purchase or withdrawal.[2][5]

RecoverBull’s original technical explanation identifies failure cases involving loss of the file, password or key-server access, and collusion between storage and key-server operators. It describes the system as a hot-wallet backup rather than a replacement for durable hardware-wallet backups. An exchange login reset cannot recreate a lost external wallet seed.[21]

Prime advertises access to an insured third-party custodian for institutions. The page does not identify the applicable policy, beneficiary, individual cap or aggregate. That bespoke possibility should not be read as insurance for every ordinary exchange balance.[4]

The European contract is limited to EU residents and expressly excludes US and UK residents. Its definition of the service is EUR–Bitcoin exchange from and to wallets controlled by the customer. Broader references to EEA availability in the licensing announcement do not resolve the narrower contractual residency wording.[6][17]

The Canadian privacy policy identifies Satoshi Portal Inc. as controller and covers identity, financial, transaction and device information. Self-custody does not remove the exchange’s compliance records. Privacy requests can be directed to [email protected]; retained legal records and public blockchain records have different deletion constraints.[15]

The April 2025 migration announcement promised account-data transfer without customer action but separately announced deletion of pre-June 2020 transactions and accounts inactive since then, with a 90-day archival window. That historical deletion programme is not a recurring inactivity fee. It also limits what a long-standing customer can expect to reconstruct from today’s interface.[13]

The AMF’s firm-specific record names LEONOD SARL, links app.bullbitcoin.com and records authorisation A2026-019, dated 22 June 2026, for exchanging crypto-assets for funds. This confirms that service category for the French entity.[16]

The inspected European terms still say an application is pending. The firm-specific AMF record and subsequent operator announcement establish the later authorisation. The announcement says existing European clients needed no action and experienced no new verification requirement from that change.[6][17][16]

Satoshi Portal’s Canadian privacy notice discloses FINTRAC MSB registration M16730720. The linked firm record could not be retrieved during this review, so the number remains an attributed operator disclosure. AML registration is not a guarantee of trading performance or reimbursement.[15]

The brand presents itself as operating since 2013. Its older V2 announcement connects Bull Bitcoin and Bylls within the same service history, including bill-payment orders. Those names are treated here as one identity. No current independently comparable daily volume or active-user count was established, so the profile supplies no numerical global rank.[14][1]

The April 2025 platform release was a software migration, with app.bullbitcoin.com as the new interface. It also announced future developer access to exchange services. That announcement does not supply current API permission scopes, key revocation rules or account access limits; technical integration needs current documentation from the operator.[13]

Operator

Satoshi Portal Inc. (Canada); Leonod SARL (Europe)

Exchange model

Centralised

Service scope

Bitcoin dealing with delivery to the customer’s wallet, automated purchases and Prime execution.

Client types

Retail clients; Professional clients; Institutional clients

Pricing publication

Public and quoted pricing

Other names

Bull Bitcoin Prime; Bylls

Pricing scope

Buy/sell prices incorporate a spread; processing and network charges are separate.

Funding scope

Local bank rails, with currencies and limits dependent on the route.

Custody and asset handling

Exchange purchases settle to self-controlled wallets; prefunded fiat remains an operator exposure.

Client eligibility

Regional terms and verification apply; the European agreement specifies EU residency.

Support

In-app support; Prime phone assistance and separate wallet education.

Authorisation and registration scope

Leonod SARL has an AMF CASP authorisation. Canadian FINTRAC status is disclosed by Satoshi Portal; its linked register entry was inaccessible.

Exchange metadata checked 21 Oct 2026Source 1Source 5Source 6Source 16

On 20 October 2026, Bull Bitcoin announced restoration of Lightning and Liquid functions after the earlier swap-service suspension. The current notice provides the following wallet limits; these are distinct from exchange delivery limits.[19]

The wallet’s Payjoin implementation lets the receiver contribute an input to an on-chain payment. Bull Bitcoin says supported wallet-to-wallet transfers use it by default when both sides have sufficient UTXOs, with ordinary-transaction fallback if the other wallet lacks support. This is a wallet transaction feature, not a guarantee that an exchange account becomes anonymous.[24]

The Mission referral programme requires an application and approval before a unique link is issued. It advertises 0.5% of referred transaction volume and a 0.25% rate reduction for referrer and referee. For illustration, CAD10,000 of qualifying volume at 0.5% produces CAD50 equivalent before any payout conditions or tax. Public terms inspected did not establish payout currency, withdrawal minimum, cap or termination treatment; this is not a promised withdrawable signup balance.[12]