Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading
By Juan Galt
AI summary of the source article
Bull Bitcoin has integrated the Payjoin privacy protocol into its exchange, offering Payjoin-enabled deposits, withdrawals, and Payjoin-by-default trading. The feature automates UTXO consolidation to enhance user privacy and lower future transaction fees.
Why it matters
According to the company, "Not only does this help reduce the size of Bitcoin’s UTXO set, making it easier for everyone to run a Bitcoin node, but it also reduces fee pressure for every Bitcoin user" and "the more people use Bull Bitcoin, the more privacy the Bitcoin network gains as a whole."
Key facts
- Bull Bitcoin announced integration with Payjoin, claiming to be the first exchange to offer Payjoin deposits and withdrawals.
- Transactions executed on-chain via the built-in exchange will be Payjoin by default for BULL Wallet users.
- BULL Wallet previously integrated the Payjoin V2 protocol in December 2024.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading Bull Bitcoin is the first Bitcoin exchange to offer Payjoin privacy as a deposit and withdrawal option. Every on-chain buy or sell via BULL Wallet is now a Payjoin by default, automating UTXO aggregation for users while reducing future mining fees and the overall Bitcoi…