Kraken vs Relai: Full Comparison

91
Kraken logo
Kraken
Exchange
88
Relai logo
Relai
Broker
OverviewKraken vs Relai
KrakenRelai
Introduction
Kraken logo
Kraken
Kraken is a crypto exchange based in the USA that offers crypto trading in almost all countries of the world. The exchange integrates all necessary features for investing in crypto, with very low trading fees for advanced trading. At the same time, Kraken provides both a simple user interface that helps beginners get started trading cryptocurrencies with just a few clicks, as well as an advanced trading mode 'Kraken Pro' with useful tools for traders.
Relai logo
Relai
Relai is a Bitcoin broker from Switzerland that acts as a digital Bitcoin ATM. Relai provides arguably the easiest and fastest way to buy Bitcoin without necessary KYC verification. Relai offers instant registration without personal data or ID verification and an automatic Bitcoin DCA savings plan with recurring bank transfers. The Relai App even has a built-in, non-custodial Bitcoin wallet.
Availibility
Pros
  • Low Fees on Kraken Pro
  • Large Selection of Crypto
  • Automatic DCA
  • Proof of Reserves
  • No Verification required
  • ~950€ daily buying limit
  • Built-in Bitcoin wallet
  • Easiest automatic Bitcoin DCA
Cons
  • High Fees in Easy Mode
  • Only Bitcoin available
DetailsKraken vs Relai
KrakenRelai
Tradable Assets
Cryptocurrencies
Cryptocurrencies
Cryptocurrencies
210+
1
Payment Methods
Min. Deposit
1$
10€
Verification
ID
-
Languages
🇬🇧 English
🇬🇧 English
Headquarters
🇺🇸 United States
🇨🇭 Switzerland
Regulations
🇦🇺 AUSTRAC, 🇺🇸 FinCEN, 🇨🇦 FINTRAC
🇨🇭 FINMA, 🇨🇭 VQF
Founded In
2011
2020

Kraken vs RelaiShowcase

Kraken vs Relai: Dashboard
Kraken vs Relai: Dashboard
Trading FeesKraken vs Relai
KrakenRelai
Fee Structure
Kraken logo
Kraken
Kraken has different fees for different trading modes. When using Krakens's easy trading interface "Instant Buy", users pay a higher fee of 1.5%. By using Kraken's advanced trading interface users benefit from low trading fees of 0-0.26% that get lower the more you trade. Kraken's advanced interface has the same, large selection of cryptocurrencies.
Relai logo
Relai
Relai employs a Bitcoin trading fee of 0-2.5% which can be lowered in several ways. Every month, your first Bitcoin trade worth €100 or less is free of fees on Relai. Besides that, users can lower their trading fees to 1% by investing at least €100 (-0.5%), enabling automatic recurring buys (-0.5%), and using a referral code (-0.5%).
Standard Crypto Fee
1.5%
0-2.5%
Advanced Crypto Fee
0-0.26%
-
Average Crypto Fee
0.81%
1.25%
CryptocurrenciesKraken vs Relai
KrakenRelai
Tradable Coins
  • Bitcoin
  • Ethereum
  • XRP
  • Cardano
  • Solana
  • Dogecoin
  • Polkadot
  • Polygon
  • Shiba Inu
  • TRON
  • Avalance
  • Uniswap
  • Bitcoin
Bitcoin logoBitcoin
Yes
Yes
Ethereum logoEthereum
Yes
No
XRP logoXRP
Yes
No
Cardano logoCardano
Yes
No
Dogecoin logoDogecoin
Yes
No
Polygon logoPolygon
Yes
No
FeaturesKraken vs Relai
KrakenRelai
Mobile App
Android,iOS
Android,iOS
Web Version
Yes
No
Easy Trading
Yes
Yes
Pro Trading
No
Demo Account
No
No
Signup Bonus
No
No
Recurring Buys
Yes
Yes
Real Crypto
Yes
Yes
Withdrawable Crypto
Yes
Yes
Crypto Staking
Yes
No
Crypto Lending
No
No
Kraken vs Relai Differences
Kraken logo
Why Kraken over Relai?
  • Kraken has both a pro and easy crypto trading version, whereas Relai only has an easy version.
  • Kraken has lower average crypto trading fees of 0.81% compared to 1.25% on Relai.
  • Kraken has roughly 210 different tradable cryptocurrencies, while Relai has only Bitcoin.
  • Kraken already operates successfully since 2011, whereas Relai was founded in 2020.
  • Relai had a faster and easier registration than Kraken in our test.
Comparison ResultsKraken vs Relai
KrakenRelai
Registration Speed
Kraken logo91/100
Relai logo100/100
Simplicity
Kraken logo89/100
Relai logo100/100
Coins
Kraken logo97/100
Relai logo0/100
Features
Kraken logo95/100
Relai logo65/100
Fees
Kraken logo85/100
Relai logo88/100
Opinion
Kraken logo
Kraken
blockig logo
91%
Very Good
/2024
We see Kraken as one of the best international crypto exchanges, as the US-based exchange integrates all necessary features for both beginners as well as advanced traders. Unfortunately, because Kraken's fees for the instant trading mode are higher than those on Kraken's advanced interface, this exchange fails to empower beginners. Still, for those willing to use advanced trading interfaces, we recommend Kraken as the go-to place to buy and sell crypto assets with a very high-cost efficiency.
Relai logo
Relai
blockig logo
88%
Good
/2024
Out of all tested Bitcoin-only apps, we believe that Relai offers the most straightforward way of purchasing Bitcoin. Because Relai has a built-in Bitcoin wallet, the Relai app, and a bank account is everything one needs to get started buying Bitcoin, which makes buying Bitcoin and even executing automatic Bitcoin DCA totally hassle-free, even for beginners. Hence, we recommend the Relai app to Bitcoin investors from Switzerland - especially to beginners and individuals who are put off by complicated registration procedures.