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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams
Trust score 9 / 10 · Trust rank #14 · Founded 2018
Bitvavo is a user-friendly cryptocurrency exchange based in the Netherlands, offering a wide range of digital assets for trading. You will benefit from its competitive fees and intuitive platform, suitable for both…
Read the Bitvavo review
Trust score 8 / 10 · Trust rank #24 · Founded 2021
Bullish is a cryptocurrency exchange that provides a secure and efficient trading environment for digital assets. You will benefit from its advanced liquidity features and automated market-making technology, which aim to enhance…
Read the Bullish reviewBitvavo and Bullish are both centralized exchanges. Bitvavo (founded 2018, headquartered in Netherlands) ranks #14 on our trust rank, reports $256.7M in 24-hour trading volume and lists 421 coins across 431 trading pairs. Bullish (founded 2021, headquartered in Gibraltar) ranks #24 on our trust rank, reports $1.47B in 24-hour trading volume and lists 39 coins across 87 trading pairs. The two overlap in 25 countries; Bitvavo is available in 3 countries where Bullish is not, and Bullish in 27 where Bitvavo is not.
Scored on 7 measurable dimensions where both exchanges have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
| Criteria | Bitvavo | Bullish |
|---|---|---|
| Trust score | 9 / 10 | 8 / 10 |
| Trust rank | #14 | #24 |
| 24h trading volume | $256.7M | $1.47B |
| Coins listed | 421 | 39 |
| Trading pairs | 431 | 87 |
| Founded | 2018 | 2021 |
| Headquarters | Netherlands | Gibraltar |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 28 countries | 52 countries |
| Licences / registrations | Authority for the Financial Markets (AFM), MiCA licence - Netherlands | BaFin, MiCA licence - Germany, Securities and Futures Commission (SFC) - Hong Kong |
| Trading types | — | Derivatives, Spot |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that exchange — we never fill gaps with estimates.
Available at both (25): Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Spain, Sweden.
Only Bitvavo (3): Liechtenstein, Malta, Slovenia.
Only Bullish (27): Argentina, Australia, Brazil, Canada, Chile, Colombia, Hong Kong, India, Indonesia, Israel, Japan, Malaysia, Mexico, New Zealand, Norway, Peru, Philippines, Singapore, South Korea, Switzerland, Taiwan, Thailand, Türkiye, United Arab Emirates, United Kingdom and 2 more.
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
Bullish reports the higher 24-hour trading volume ($256.7M vs $1.47B), based on the latest market data in our catalogue.
Bitvavo lists more coins: 421 at Bitvavo versus 39 at Bullish.
Bitvavo has the higher trust score (9 / 10 vs 8 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
Bitvavo is the older of the two, founded in 2018; Bullish was founded in 2021.
They overlap in 25 countries. Bitvavo is additionally available in 3 countries (Liechtenstein, Malta, Slovenia) and Bullish in 27 countries (Argentina, Australia, Brazil, Canada, Chile, Colombia and 21 more).
Risk warning: cryptoassets are highly volatile and largely unregulated in many jurisdictions. You may lose the entire amount you deposit. Nothing on this page is financial advice; check availability and terms with the exchange before opening an account. Full risk disclosure.