| Relai | Trade Republic | |
|---|---|---|
| Introduction |  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. |  Trade Republic Trade Republic is an online broker from Germany that has been offering easy trading of stocks and ETFs since 2015, and more recently also cryptocurrencies. Trade Republic is known for its low-cost ETF savings plans, order and account fees, making it one of the most popular brokers in Europe. Thanks to regulation by the German BaFin, trading stocks, ETFs and cryptocurrencies at Trade Republic is not only easy but also secure. |
| Availibility | ||
| Pros |
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| Cons |
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| Relai | Trade Republic | |
|---|---|---|
| Tradable Assets | Cryptocurrencies | Cryptocurrencies, Derivates, ETFs, Stocks |
| Cryptocurrencies | 1 | 54+ |
| Stocks | - | 7300+ |
| ETFs | - | 500+ |
| Payment Methods | ||
| Min. Deposit | 10€ | 10€ |
| Verification | - | ID, Video |
| Languages | 🇬🇧 English | 🇩🇪 German |
| Headquarters | 🇨🇭 Switzerland | 🇩🇪 Germany |
| Regulations | 🇨🇭 FINMA, 🇨🇭 VQF | 🇩🇪 BaFin |
| Founded In | 2020 | 2016 |
| Relai | Trade Republic | |
|---|---|---|
| Fee Structure | 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%). | Trade Republic For every trade of cryptocurrencies, stocks, and ETFs, Trade Republic charges an order fee of 1€. When buying via a savings plan, no order fees apply at all. In addition, a fee in the form of a spread applies to every trade, which ranges up to 2% but is often less than that. |
| Standard Crypto Fee | 0-2.5% | 2% + 1€ |
| Advanced Crypto Fee | - | - |
| Average Crypto Fee | 1.25% | 2% |
| Relai | Trade Republic | |
|---|---|---|
| < 100€ | 0-2.5% | 2% |
| >= 100€ | 1-2.5% | 2% |
| Relai | Trade Republic | |
|---|---|---|
| Tradable Coins |
|
|
 Bitcoin | Yes | Yes |
 Ethereum | No | Yes |
 XRP | No | Yes |
 Cardano | No | Yes |
 TRON | No | Yes |
 Solana | No | Yes |
| Relai | Trade Republic | |
|---|---|---|
| Mobile App | Android,iOS | Android,iOS |
| Web Version | No | Yes |
| Easy Trading | Yes | Yes |
| Pro Trading | No | No |
| Demo Account | No | |
| Signup Bonus | No | No |
| Recurring Buys | Yes | Yes |
| Real Crypto | Yes | Yes |
| Withdrawable Crypto | Yes | No |
| Crypto Staking | No | No |
| Crypto Lending | No | No |
Why Relai? | |
|---|---|
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| Relai | Trade Republic | |
|---|---|---|
| Registration Speed | 100/100 | 90/100 |
| Simplicity | 100/100 | 95/100 |
| Coins | 0/100 | 87/100 |
| Features | 65/100 | 78/100 |
| Fees | 88/100 | 79/100 |
| Opinion | Relai  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. | Trade Republic 85% Good /2024 Trade Republic is recommended for beginners looking to get started with stocks, ETFs, and eventually cryptocurrencies. With no account fees, very low order fees, and thousands of ETFs, we believe Trade Republic makes trading of stocks easy, cheap, and therefore accessible to anyone. Yet, because of the high crypto trading fees, Trade Republic is not the best option for investors with a sole focus on cryptocurrencies. |