Relai Wallet

Relai Wallet | Take Control of Your Future

Founded in 2020, Relai Wallet is the fastest-growing Swiss startup that makes purchasing and selling BTC easy and quick. The best thing about the Relai is its no KYC (Know Your Customer) policy, which is great for privacy, managing your private keys, and recurring purchases. Relai aims to create a wallet app for long-term users, believing BTC is the best way. According to the platform, BTC stores value and the best-saving technology worldwide. Since Relai Wallet only supports Bitcoin, you will not see other virtual currencies to trade there.

History of Relai Wallet

Relai Wallet is the fastest-growing startup founded by Adem Bilicon and Julian Liniger in 2020. The wallet has rapidly grown to support 10,000+ users to sell and purchase BTC in Switzerland and Europe. 

Relai has a team of 12 and has notable backing via different VC firms, having recently saved a further 2.5 million CHF series a funding round to expand and grow the business. The company has registered itself at Langstrasse 136, 8004 Zurich. 

Top Perks of Relai Wallet

Let’s understand what you can do with Relai Wallet:

  • No Account Needed: KYC is optional. Users are not required to provide any documents or identification. 
  • Mobile App: Relai provides a user-friendly interface. You can easily check information like profit/loss, performance, order history, etc. 
  • Manage the Private Keys:  Relai is a non-custodial wallet. This means users have true control over their private keys, and Relai doesn’t have access to their funds. Users can restore their wallets on any device. 
  • Savings Plan: Users can enable automatic recurring purchases weekly or monthly. This simplifies it to a dollar cost average and prevents trying to time the crypto market.
  • One-Time Purchase: Sell or purchase BTC simply with trading fees varying from 1%-2.5 %.
  • Relai Private: Trade huge volumes of BTC beginning at 100,000 EUR/CHF each trade. The fees differ from 0.5%-1%, and users get personalized support.
  • Referral Program: The wallet runs a referral program where users can invite their relatives and friends and get rewards. 

How to Set Up Relai Wallet

Purchasing BTC is easy and quick since Relai doesn’t need KYC or verification. You do not need an email account or password, as Relai does not need it. Just follow these steps. 

  • To start, you should head to the Relai Wallet web page. 
  • On the home screen, locate and hit the Get Started button. 
  • Then, a QR code will pop up to scan with your mobile phone. Off to the app store, hit the Get icon to download the app. 
  • After installing the app, launch it and swipe through the welcome screen. 
  • Next, provide an email address and set up a strong password. Hit the Next icon. 
  • After skipping the Intro, tap on the Start Now tab. 
  • Now, you can choose language and currency and hit the Create Wallet button. 
  • Then, you must create a PIN and confirm it. 
  • Lastly, read the Terms of Service and tap the Accept tab. 
  • All done; your Relai Wallet is ready to use. 

Signing Into the Newly Created Relai Wallet

After completing the above procedure, you can follow these instructions to sign in to your wallet. 

  • On the Overview screen, you can instantly purchase BTC, refer family and access the profile. 
  • Under the profile tab, you can choose different options like language and currency, mode of payment, and safety preferences. 
  • Lastly, hit the Overview tab to return to your dashboard. 

Is Relai Wallet Secure?

Relai Wallet is private for users and has no traditional risks like most crypto exchanges. Relai is a non-custodial crypto wallet and doesn’t keep users’ assets or BTC. Which means you’re in control of your BTC at all times. Also, the wallet doesn’t gather your data since it does not ask for KYB to purchase BTC.

  • Relai doesn’t ask for any documents or ID for signing up. 
  • You don’t need an email and password. 
  • Users have control over their private keys. 
  • Safety includes Face ID/Touch ID and PIN sign-in. 

Frequently Asked Questions

Ques: How can I fund my Relai Wallet?

Ans: First, you should enter your Relai Wallet and hit the Buy the First BTC tab from the dashboard.  

  • Input the desired amount of CHF and click Next. 
  • Then, choose a payment method and provide the information about it. 
  • After this, hit the Add referral code tab to reduce the fee. 
  • Lastly, review the details and confirm the transaction. 

Ques: Is Relai Wallet safe to keep BTC?

Ans: The wallet asks for very little information from its users and hands the transactions outside of Relai, which makes its app quite secure. As always, following safety instructions, utilizing cold storage, and not sharing the private key are essential. 

Ques: How do I purchase BTC on Relai Wallet?

Ans: Sign in to your Relai Wallet.

  • Then, hit the blue + sign and select the Buy BTC option. 
  • Specify the desired amount (minimum 10 CHF/EUR). 
  • Next, provide your payment information. 
  • After this, Relai will send Bitcoin to your wallet.