relai review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Relai is a French app for euro buyers who want bitcoin in self-custody, with an AMF licence and a free mobile wallet. The trade-off is scope: fees of 1% and a coin list of 1 make it a focused single-asset home rather than a full exchange.
Key facts
- Best for
- A free self-custody bitcoin wallet for euro buyers funding with card, bank and sepa.
- Taker fee
- 1%↗
- Coins listed
- 1↗
- Regulators
- Autorite des Marches Financiers (AMF), VQF (SRO member), Autorité des Marchés Financiers (AMF)↗
- Fiat deposit methods
- Card, Bank, SEPA, Apple-pay↗
- Withdrawal fee
- Bitcoin network fees paid by the client when selling; Relai covers network fees on purchases↗
- Exchange type
- Cex↗
- Legal entity
- RELAI EU SASU↗
- Headquarters
- France↗
- Founded
- 2020↗
- Support channels
- Email, Help-centre, Community↗
- Features
- Self-custody
- Official website
- relai.app
Crypto wallets
Facts checked September 26, 2026, 8 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- TrustpilotLinkedInXreddit.com
Pros and cons
Pros
- Buying and selling fees, and the wallet itself, come at €0.
- Coins sit in self custody with a seed backup, so keys stay with the holder.
- Regulated in France as RELAI EU SASU, registered with the Autorite des Marches Financiers under A2025-006.
- Network fees are covered on purchases, and sellers pay only the bitcoin network fee.
Cons
- A coin list of 1 means no altcoin trading on the app.
- Fees of 1% sit well above the site taker fee of 0.2%.
- Help runs through email, help centre and community only, with no phone line listed.
Who it suits
- Euro buyers in France who want their own keys, with self custody and a seed backup.
- Holders who keep a single asset rather than a trading book, since the coin list is 1.
- People who fund with card, bank and sepa and want a free wallet at €0.
Who should look elsewhere
- Altcoin traders: Bitpanda lists from 650 coins, Relai lists 1.
- Buyers who chase the lowest fee: bunq charges 0.25% to 1.99% against Relai's 1%.
- Traders who want cheap execution: ActivTrades charges 0%.
How relai compares
8.7 vs 9.5- 8.7 vs 9.3
8.7 vs 9.2
8.7 vs 9.7A taker fee of 0% suits people who trade as well as hold bitcoin.
8.7 vs 9.4
8.7 vs 9.6
8.7 vs 9.0
8.7 vs 9.08.7 vs 9.0
8.7 vs 9.08.7 vs 8.9
8.7 vs 9.0
8.7 vs 8.2
8.7 vs 8.2
8.7 vs 9.7
8.7 vs 9.4
8.7 vs 9.3
8.7 vs 9.2
8.7 vs 9.2
8.7 vs 9.1
8.7 vs 9.0
8.7 vs 8.7
8.7 vs 8.6
Where relai is available
- Available
- Andorra, Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Poland, Portugal, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland
- Licence in France
- Autorite des Marches Financiers (AMF) (A2025-006), checked September 26, 2026
- Licence in Switzerland
- VQF (SRO member), checked September 26, 2026
- Licence in France
- Autorité des Marchés Financiers (AMF) (MiCA CASP 9695003EKRFOMYXJQL11), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Greece, Spain, Finland, Croatia, Hungary, Ireland, Italy, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does Relai charge to buy and sell bitcoin?+
The wallet and buying or selling through it cost €0, and the listed taker fee is 1%. Network fees are covered on purchases, while sellers pay the bitcoin network fee. Small recurring buys stay cheap, though larger trades still carry the taker fee.
Which coins can I hold and buy?+
Relai covers bitcoin and nothing else: the coin list is 1 and the wallet supports 1. There is no altcoin trading here, so anyone holding many assets needs another venue. That focus keeps the app simple for a single holding.
Who holds my bitcoin?+
Keys stay with the holder: custody is self custody and self-custody is listed as a feature, with a seed backup for recovery. A lost recovery phrase cannot be restored by the platform, so write it down and keep it offline.
Is Relai regulated?+
The French operation is registered with the Autorite des Marches Financiers under A2025-006, and the MiCA listing records MiCA CASP 9695003EKRFOMYXJQL11. The group also appears with a VQF registration in Switzerland, so the licence sits with the company rather than the app.
How do I fund the account?+
Fiat arrives through card, bank and sepa, so a French customer has several ways to top up rather than a single route. Relai operates as a cex under RELAI EU SASU in France, so buying works as a standard account top-up rather than a peer transfer.
How do I get help?+
Support runs through email, help centre and community, so a help centre, email and a community are the routes in. There is no phone line listed, which matters for anyone treating this as a trading desk rather than a self-custody app.
What kind of wallet and app is it?+
The wallet is a mobile app rather than a hardware device, which suits buying in small amounts from a phone. Relai was founded in 2020 in France and now runs a regulated operation under RELAI EU SASU.
Is Relai right for me?+
Relai suits euro buyers who want their own keys and a free wallet rather than a broad exchange. It is a poor fit for altcoin traders, since the coin list is 1, and for fee-first buyers, since fees of 1% sit above the site taker fee of 0.2%.
Sources
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“ae_homeMemberState=FR”
- relai.app checked September 26, 2026
Backs: Coins listed, Features, Support channels, Wallet type
“Bitcoin only”
- relai.app/about checked September 26, 2026
Backs: Coins supported, Founded
“Bitcoin only App”
- relai.app/bitcoin-security checked September 26, 2026
Backs: Custody
“Relai is self-custodial. Even if our platform went offline, your assets would always stay under your control.”
- relai.app/blog/why-your-bitcoin-is-safe-with-the-relai-wa... checked September 26, 2026
Backs: Backup options
“Please save your 12-word recovery phrase carefully offline on acid-proof paper or a metal plate!”
- relai.app/pricing-policy-eu checked September 26, 2026
Backs: Taker fee, Withdrawal fee
“RELAI APP AND RELAI PRIVATE ... EUR 50.00 - 99,999.99 (per transaction): 1.00% service fee”
- relai.app/terms-and-conditions-eu checked September 26, 2026
Backs: Exchange type, Fiat deposit methods, Regulators
“Relai facilitates the direct sale of bitcoin from its own pre-allocated reserves.”
- support.relai.app/en/articles/194297-how-much-do-i-pay-in... checked September 26, 2026
Backs: Price
“Zero fees on your first monthly auto-invest plan up to 100 CHF/€”
Compiled from 8 source pages, checked September 26, 2026. We did not open an account.
relai
A free self-custody bitcoin wallet for euro buyers funding with card, bank and sepa.