Advertiser disclosure: some links on this page may be affiliate links, meaning ExchangeCatalogue may earn a commission if you open an account. This never affects the data shown here, which is drawn from our catalogue and compared mechanically. How we make money.
Data refreshed 5 Nov 2026 · Compiled by Charlie Williams
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 review
Trust score 9 / 10 · Trust rank #13 · Founded 2018
HashKey Exchange is a cryptocurrency exchange platform that provides secure and efficient trading services for digital assets. It is designed to cater to both novice and experienced traders, offering a user-friendly interface…
Read the HashKey Exchange reviewBullish and HashKey Exchange are both centralized exchanges. 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. HashKey Exchange (founded 2018, headquartered in Hong Kong) ranks #13 on our trust rank, reports $98.6M in 24-hour trading volume and lists 40 coins across 62 trading pairs. The two overlap in 50 countries; Bullish is available in 2 countries where HashKey Exchange is not, and HashKey Exchange in 0 where Bullish 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 | Bullish | HashKey Exchange |
|---|---|---|
| Trust score | 8 / 10 | 9 / 10 |
| Trust rank | #24 | #13 |
| 24h trading volume | $1.47B | $98.6M |
| Coins listed | 39 | 40 |
| Trading pairs | 87 | 62 |
| Founded | 2021 | 2018 |
| Headquarters | Gibraltar | Hong Kong |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 52 countries | 50 countries |
| Licences / registrations | BaFin, MiCA licence - Germany, Securities and Futures Commission (SFC) - Hong Kong | Securities and Futures Commission (SFC) - Hong Kong |
| Trading types | Derivatives, Spot | 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 (50): Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, Colombia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, South Korea and 10 more.
Only Bullish (2): Croatia, Peru.
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 ($1.47B vs $98.6M), based on the latest market data in our catalogue.
HashKey Exchange lists more coins: 39 at Bullish versus 40 at HashKey Exchange.
HashKey Exchange has the higher trust score (8 / 10 vs 9 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
HashKey Exchange is the older of the two, founded in 2018; Bullish was founded in 2021.
They overlap in 50 countries. Bullish is additionally available in 2 countries (Croatia, Peru) and HashKey Exchange in 0 countries ().
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.