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September 23, 2025
Bullish Europe becomes the first to offer Societe Generale – FORGE’s USDCV stablecoin, expanding access to regulated crypto assets
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Leave conventional trading behind.

Bullish Europe (BEU) leverages innovations of decentralized finance (DeFi) within a regulated framework so you can execute fast, reliable crypto trades with near-zero spreads, even in volatile markets.
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The order book

Unique hybrid liquidity.

BEU taps into Bullish exchange’s order book which combines the high performance of a central limit order book (CLOB) with deep, deterministic liquidity from our automated market maker (AMM). This combined source of liquidity creates a more reliable order book for digital assets.
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Central limit order book.

BEU's customers can place conventional order types, such as market maker order and limit order consistent across TradFi and digital assets platforms.
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Automated market maker.

BEU leverages Bullish exchange's proprietary AMM which generates thousands of bids and offers using liquidity exclusively available on its platform. These bids and offers create greater depth across variable market conditions, making Bullish Europe more reliable and efficient than other trading venues—centralized or decentralized.
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spot trading

Best execution with low-cost liquidity.

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Using Bullish exchange's best-in-class order matching engine:
1. Matching on a price (per tick) and time priority.
2. Fully automated execution–no manual intervention.
3. Designed to minimize slippage with near-zero spreads.
Designed to minimize slippage with near-zero spreads.
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Access our advanced apis.
Take full control of your trading strategy.

Use REST and FIX for order management and low latency trading.

Execute sophisticated liquidity strategies using AMM Instructions through REST.

Monitor market and private data in real-time via REST and high-throughput Websocket feeds, ensuring complete situational awareness.

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Derivatives

Derivatives with robust, integrated risk management.

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Flexible exposure & advanced margin capabilities.
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Comprehensive risk management framework.
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Flexible exposure & advanced margin capabilities:
  • Go long or short by simply supplying the necessary collateral, eliminating typical hurdles of finding assets to borrow. Access deep, distinct liquidity across BTC, ETH, and other markets. Our integrated margin system allows you to:
  • Auto-borrow and auto-pay : Seamlessly access leverage ("borrow-to-trade") when needed for immediate execution while minimizing funding costs through automatic repayment mechanisms.
  • Cross-Asset Collateralization: Utilize all unencumbered assets in your trading account, including digital assets locked in limit orders, for one overall portfolio margin requirement. Standard liquidity haircuts are applied for prudent risk assessment.
Comprehensive risk management framework:
  • Bullish employs a multi-layered system designed to protect your positions and provide granular control
  • Leverage Restrictions: Active increases in leverage are restricted beyond a predetermined threshold.
  • Smart Partial Liquidation: If margin requirements rise at high leverage levels (e.g., from 6x), a smart partial liquidation process initiates to manage risk incrementally and help prevent full liquidation, promoting orderly markets.
  • Customizable Risk Analysis: Conduct self-service risk analysis, including adjustments for volatility and liquidity, for deeper insights.
  • Automated Risk Waterfall: Benefit from an automated risk management waterfall with optional customizations to align with your specific risk profile.
  • Scenario Analysis: Model various market outcomes by offsetting positions for the same underlying assets.
  • Guaranty Fund Backing: The Bullish Guaranty Fund is in place to mitigate counterparty default risks.
Important note: Derivatives trading is high risk and only available to eligible professional investors in select locations and subject to regulatory approval. Derivatives are not available in Hong Kong or the U.S. or to Hong Kong or U.S. users.
Learn more on the Help Center
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Safeguarding your assets.
Bullish’s crypto custody architecture is purpose-built to maximize asset protection while ensuring the swiftness of your deposits and withdrawals – a critical advantage in volatile markets.We operate as a full reserve exchange, ensuring customer assets are consistently maintained in a 1:1 ratio and strictly segregated from our own assets.
Full reserve & segregation
Multi-layered protection
Regulatory oversight and security audit
Fast and reliable on/off ramps
Secure a demo account.
Validate performance, risk-free.
LEARN MORE
Latest from Bullish
9.23.2025
Bullish Europe becomes the first to offer Societe Generale – FORGE’s USDCV stablecoin, expanding access to regulated crypto assets
9.22.2025
Bullish Makes $4 Million Investment into USD.AI, Its First Since IPO
9.17.2025
Bullish Reports Second Quarter 2025 Results
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Copyright © 2025 Bullish Global. All rights reserved.

Not investment advice. Digital assets and related products are high risk. Consult your professional advisor and trade responsibly. Visit legal for important information and risk warnings. Bullish Europe GmbH is regulated by the German Federal Financial Supervisory Authority (BaFIN ID 10162355). Bullish Europe GmbH, Fora Office, Oper 46, Bockenheimer Anlage 46, 60322 Frankfurt, Germany. Local Court of Frankfurt am Main, HRB 128487; Managing Directors: Marco Bodewein, Marcus Rietsch Imprint

DE The information on this website is aimed solely at qualified investors in Hong Kong. It is not intended for use by any other type of investor. By agreeing to access the information contained on this website, you are deemed to be representing and warranting that you are (1) a person falling under paragraphs (a) to (i) of  the definition of “professional investor” in section 1 of Part 1 of Schedule 1 to the  Securities and Futures Ordinance; or (2) a person within the meaning of section 4, 6  (other than a person referred to in section 6(b)(ii)) or 7 of the Securities and Futures  (Professional Investor) Rules. Important note: Only spot trading in select markets is available in Hong Kong for qualified investors. Bullish (GI) Limited (CE BTW125) has not been licensed by the Securities and Futures Commission and may not eventually be granted a licence as the Commission may refuse its licence application or its application may be withdrawn. It is only deemed to be licensed under the Anti-Money Laundering and Counter Terrorist Financing Ordinance.

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This website is for qualified investors in Hong Kong. Qualified investors are persons covered by paragraphs (a) to (i) of the definition of “professional investor” in section 1 of Part 1 of Schedule 1 to the Securities and Futures Ordinance or section 4, 6 (other than a person referred to in section 6(b)(ii)) or 7 of the Securities and Futures (Professional Investor) Rules.  Spot trading only.

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Thanks for your interest in Bullish. While our services aren't available in your location right now, you're welcome to explore the site to see what we're about.

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Services are available in the United Kingdom only to investment professionals or high net worth entities, as defined in sections 19 and 49 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (as amended).

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