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Relai is an app from Switzerland that makes it very easy to buy Bitcoin. You can buy the Bitcoin once or on a regular basis such as weekly or monthly.
For example, you can regularly and automatically save a small amount in Bitcoin every month and thus make yourse... Show more… Relai – easy bitcoin investing
Relai is an app from Switzerland that makes it very easy to buy Bitcoin. You can buy the Bitcoin once or on a regular basis such as weekly or monthly.
For example, you can regularly and automatically save a small amount in Bitcoin every month and thus make yourself independent of short-term price fluctuations.
The special thing about Relay is that you can already buy Bitcoin without complicated registration and transmission of your personal data . Up to €5.000 per day or €100.000,- per year there is no complex identity check.
You transfer the amount from your bank account and in return receive Bitcoin credited to the Relai Bitcoin Wallet.
How to buy Bitcoin with the Relai App
After you have installed the Relai App in your App Store , you will see the following screen
![Relai Buy Bitcoin]Relai Buy Bitcoin
You click on the “ Buy Bitcoin ” button and you will be taken to the following page to specify the amount you wish to buy:
![Relai Specify purchase amount]Relai Specify purchase amount
You can indicate the amount in Euro or in CHF. Likewise, whether you want to buy the amount once or weekly or monthly to save regularly in Bitcoin.
You will then be asked to provide your own bank details. Caution! It must be the bank account from which you will later actually make your bank transfer. This is necessary so that the payment can later be assigned to you.
![Relai enter your own bank details]Relai enter your own bank details
You will then be taken to the page where you will receive all relevant bank details from Relai. The recipient of the transfer is the bank account of the broker service provider Bity. To the indicated bank account you transfer the amount. Do not forget to indicate the purpose of payment / payment notice with the bank transfer.
![Relai Bank details]Relai Bank details
You can now log on to your bank account at your own house bank and make the transfer.
The bank transfer takes about 1-2 bank working days, after which the Bitcoin amount will be credited to the Relai Bitcoin Wallet.
![Relai Bitcoin Wallet]Relai Bitcoin Wallet
You can now send this amount to another Bitcoin address. Perhaps you already own another Bitcoin Wallet or want to pay for something with Bitcoin, in which case the Bitcoin balance can be forwarded without any problems.
Relai itself has no access to your Bitcoin at any time. Your Bitcoin Wallet is secured with the 12-word seed.
![Relai Bitcoin Seed]Relai Bitcoin Seed
Write down these 12 words well and keep this note in a safe place. Should your smartphone ever break down or get lost, you can always access your Bitcoin again with this 12-word seed.
Conclusion
Relai is a great way to purchase Bitcoin quickly, easily and without a complicated login and registration process.
The fees of approximately 3% at the current bitcoin price are customary and acceptable in the market. A highly recommended solution for those who want to save Bitcoin on a regular basis and would like to avoid a complicated login and registration process.
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Empower Your Crypto Experience. Exchange, Trade, and Accept Crypto Payments Effortlessly. Multiple...
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