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#Relai 💙 #Bitcoin🧡
Relai
Julian Liniger is CEO and Co-Founder of the European bitcoin app, Relai. He studied psychology and business administration in Switzerland before becoming an entrepreneur. Lininger credits a friend with his introduction to bitcoin in 2015, but said it took him until 2017 to fully grasp the economic implications. Relai is now the top bitcoin on-ramp in Europe, with over 200,000 downloads, 65,000 active users, and over €10 million in monthly trading volume.
“[Crypto] can be categorized as high risk, speculative venture investments. Bitcoin, on the other hand, is for long-term saving,” Liniger said in our interview about the company’s bitcoin only focus. He says their mission is to help people save their money and purchasing power in the long run, contrasting their goals with the big crypto exchanges typically used for trading.
Relai allows customers to buy bitcoin quickly and without registration, 24 hours a day, and send the purchased bitcoin straight into the customers’ self-custodial wallets. Relai said this method is intended to eliminate counterparty risks present with custodial structures.
Liniger told me in our interview that “despite the market turmoil... and crypto exchanges failing, we have doubled our volumes and revenues,” speaking to the success of Relai’s strategy. According to Liniger, customers have continued to buy bitcoin at increasing rates regardless of the price action.
Regardless of your choice, bitcoin only exchanges are a good option for those seeking to begin their journeys with simplicity. With automated savings plans and reduced regulatory risks, bitcoin centric exchanges are emerging from the bear market largely unscathed. Their recurring successes in fund raising and responsible growth strategies are indicative of their potential for longevity. These companies remain optimistic that they will continue to onboard newcomers for a long time into the future.