CryptoBulls Exchange: Cryptocurrency Trading & Investing?
Crypto Bulls, found online at CryptoBulls.exchange, claims to be the easiest way to trade bitcoin and Ethereum. Find out how it works today in our review.
What Is CryptoBulls Exchange?
Crypto Bulls is an online platform that lets you buy bitcoin, Ethereum, and 15 other cryptocurrencies.
The platform promises to help traders “discover thousands of trading and investment opportunities.” Crypto Bulls will provide traders with tools like volatility alerts, market updates, stock screeners, calendars, and newsletters.
Don’t confuse CryptoBulls.exchange with CryptoBull.org. CryptoBull.org is an online cryptocurrency blog. CryptoBulls.exchange is a cryptocurrency exchange.
Crypto Bulls doesn’t specifically claim to offer its own liquidity. Instead, the exchange claims to aggregate liquidity from other major cryptocurrency exchanges. However, this function isn’t well-explained on the official website, so it’s not totally clear how Crypto Bulls works or what kinds of advantages they offer over conventional trading platforms.
How Does CryptoBulls Exchange Work?
Crypto Bulls offers the following basic trading process:
- Step 1) Register in less than 1 minute
- Step 2) Deposit money using VISA, MasterCard, Webmoney, and other deposit methods
- Step 3) Buy cryptocurrencies, choosing from one of 15+ cryptocurrency assets available via the trading platform
Overall, Crypto Bulls functions just like any cryptocurrency exchange. You sign up, deposit money into the platform, then start trading. Of course, there are hundreds of major cryptocurrency exchanges available today. Why would you pick Crypto Bulls over a larger exchange?
The main advantage offered by Crypto Bulls is that the exchange offers unique coins you may not find elsewhere. Some of the unique coins currently listed on the platform, for example, including “Silvar Coin”, “Partium”, “Gulf Coin Gold”, and “My Gulf Coin”.
Right now, Crypto Bulls claims their trading platform is processing about $11 billion of trades per month – which would make it one of the most popular cryptocurrency exchanges on the planet. Unfortunately, we can’t find any proof to back up that number, and Crypto Bulls isn’t listed anywhere on CoinMarketCap or similar exchange comparison websites.
Crypto Bulls claims to aggregate exchange data from multiple major exchanges online, but it’s unclear how Crypto Bulls works or where it aggregates its liquidity from. As mentioned above, there’s an overall lack of information available on the official website telling us how Crypto Bulls works.
At the time of writing (April 2018), Crypto Bulls has a total of 9 cryptocurrency trading pairs available online, including BTC/ETH, BTC/LTC, BTC/SIL, BTC/CBXE, BTC/GCG, ETH/LTC, ETH/GCG, ETH/CBXE, and ETH/SIL.
CryptoBulls Exchange Cryptocurrency Trading & Investing Features
Crypto Bulls emphasizes all of the following features:
- Quick Deposits and Withdrawals: Users can deposit and withdraw money using popular payment methods like VISA, MasterCard, WebMoney, and more.
- Short Selling: Crypto Bulls supports short selling, allowing traders to make money even when the price of a particular cryptocurrency drops.
- Easy Trading: Crypto Bulls offers iOS and Android apps along with web and desktop software, allowing you to trade cryptocurrencies whenever.
- 46 Second Response Times: Crypto Bulls emphasizes 46 second response times 24 hours a day, 365 days a year from its customer service team.
Who’s Behind CryptoBulls Exchange?
We have no information about the team behind Crypto Bulls. However, the company’s LinkedIn page lists its location as Washim, Maharashtra, India.
CryptoBulls Exchange Conclusion
Crypto Bulls is an unusual cryptocurrency exchange. The company claims to process $11 billion in trading volume per month, which would make it one of the leading cryptocurrency exchanges on the planet. In reality, we can’t find any information to support that number.
Later, Crypto Bulls claims to be an aggregator that “amasses liquidity” from other major exchanges. Here’s how the LinkedIn page for Crypto Bulls describes their service:
“Cryptobulls is an exchanging stage that amasses liquidity from all major cryptographic money trades and totally robotizes a trade arbitrage process for the partners.”
What does that mean? I’m not entirely sure. Today, however, the only real unique thing about Crypto Bulls is that you can buy and sell unique cryptocurrencies like “Silvar” (SIL) and “Gulf Coin Gold” (GCG).
Ultimately, Crypto Bulls has a number of unusual things on its website – including poor explanations of how the service works. There’s nothing wrong with aggregating liquidity across exchanges, but we need to know how Crypto Bulls does that and what kind of fees it charges – if any.
In any case, you can learn more about the Crypto Bulls cryptocurrency exchange online today at CryptoBulls.market.