Bull Bitcoin Review
Non-custodial Bitcoin exchange that sends coins straight to your wallet, with built-in bill pay and credit card payoffs for living on Bitcoin in Canada.
Why We Recommend Bull Bitcoin
Bull Bitcoin stands out by refusing to hold your Bitcoin. Every purchase goes directly to your own wallet—hardware, mobile, Lightning, or Liquid—eliminating the counterparty risk that plagues custodial exchanges. Operating since 2013 (originally as Bylls.com for bill payments), they've built a decade-long track record as Canada's most trusted Bitcoin-only service. Their pricing model is refreshingly transparent: no hidden trading fees, no withdrawal fees, no account funding fees—just a visible 1.3-1.8% spread between buy and sell prices that you can verify on their public rates page before transacting.
The company backs up its self-sovereignty philosophy with serious technical contributions. BULL Wallet is a privacy-focused mobile wallet with coin control, fee customization, personal node connectivity, and Payjoin support. Their open-source Recoverbull backup protocol solves the wallet recovery problem elegantly—encrypting backups with split storage between your cloud and anonymous Tor-accessible key servers with rate limiting against brute force attacks. They've also built BitcoinSupport.com to help users set up proper self-custody before they can even use the exchange, ensuring customers actually understand how to secure their coins.
Best For
Canadian Bitcoiners who want to accumulate into self-custody without the hassle of manually withdrawing from exchanges will find Bull Bitcoin ideal. The platform supports automated DCA purchases that land directly in your wallet via on-chain, Lightning, or Liquid, with Interac e-Transfer funding that typically processes within an hour during business hours. For those wanting to actually spend their Bitcoin, the integrated bill payment system lets you pay rent, utilities, phone bills, and credit cards directly—a feature that's been refined since the Bylls.com days and remains unmatched in Canada.
High-net-worth individuals and businesses benefit from Bull Bitcoin Prime, their OTC desk offering flexible rates and high transaction volumes for treasury management and large accumulation strategies. The tiered KYC approach is practical: transactions under 1,000 CAD for selling or bill payments don't require identity verification, making it accessible for smaller regular use while meeting regulatory requirements for larger volumes.
Privacy-conscious users and Bitcoin maximalists who refuse to touch multi-coin platforms will appreciate the technical depth here. BULL Wallet offers descriptor-based architecture, secure keyboard input, no data collection, and planned Silent Payments support. The ability to connect your own node means you're not trusting their infrastructure for transaction broadcasting or balance lookups. European and Latin American users can also access the platform via SEPA, SPEI (Mexico), and SINPE (Costa Rica), though the full bill-pay ecosystem remains Canada-focused.
Services & Features
Considerations
Bitcoin only—no other cryptocurrencies supported. The richest features like bill payments and credit card payoffs are Canada-specific; international users get basic fiat on/off-ramps. Requires managing your own wallet and backups, which adds responsibility compared to custodial alternatives.
