Exchanges

Crypto exchange · 🇫🇷 France

Relai

Zurich, Switzerland · relai.app

82.0Sentiment /100 3.9

Relai is a Swiss Bitcoin-only app that lets users buy, sell and self-custody Bitcoin.

Does Relai have a MiCA licence?

✓ Authorised · MiCA CASP

Yes. Relai (legal entity RELAI EU SASU) holds a MiCA crypto-asset service provider (CASP) authorisation - regulated by Autorité des marchés financiers (AMF) in France, listed in the official ESMA register. Through MiCA passporting it may legally serve clients across the EU/EEA (30 countries).

Licence details
Licence status✓ Authorised (MiCA CASP)
Legal entityRELAI EU SASU
Home regulatorAutorité des marchés financiers (AMF)
Country of authorisation France
Official website75012 Paris
SourceESMA MiCA register
Licensed crypto services (1)
Exchange of crypto-assets for funds
Exchanging crypto-assets for fiat currency.
Where you can use Relai · EU/EEA passporting (30)

A MiCA authorisation passports across the whole EU/EEA, so Relai may legally serve clients in:

Austria Belgium Bulgaria Croatia Cyprus Czechia Denmark Estonia Finland France Germany Greece Hungary Iceland Ireland Italy Latvia Liechtenstein Lithuania Luxembourg Malta Netherlands Norway Poland Portugal Romania Slovakia Slovenia Spain Sweden
✦ Sentiment OverviewUpdated every month · Aug 19, 2026

Relai holds a solid 4.1/5 across platforms with steady customer sentiment, while its NeoBase index stands at 82.0/100, up 3.9 week-over-week. Recent coverage is mixed-neutral, though leadership commentary leans bullish on bitcoin's long-term narrative and institutional demand dynamics. Media positioning emphasizes non-custodial positioning in competitive feature rankings.

Sentiment index

our score · updated every month
82.0/100 +3.94 vs previous reading
025507510082.025 Jul1 Aug15 Aug

Ratings across platforms

4.1 · 6.7K · 3
Trustpilot
4.0
1.4K ratings · 78% positive
Google Play
4.1
5.2K ratings · 80% positive
100K+ installs
App Store
4.3
161 ratings · 85% positive
Measured August 17, 2026

Rating distribution

All platforms
5
66% · 4.4K
4
13% · 871
3
4% · 283
2
1% · 93
1
15% · 990

Rating & review volume over time

Trustpilot · 4.0★Google Play · 4.1★App Store · 4.3★Review volume · 6.7K · +0.64%
123456.7KJul '26Aug '26Aug '26

Brand sentiment trend

positive sentiment, by platform
Trustpilot · 78%Google Play · 80%App Store · 85%
87%82%76%Jul '26Aug '26Aug '26

App screenshots

App Store
Relai app screenshot 1Relai app screenshot 2Relai app screenshot 3Relai app screenshot 4Relai app screenshot 5Relai app screenshot 6

In the media

brand coverage
impakter.com

Top 4 Coinbase Alternatives in 2026

impakter.com · 2mo ago

Coinbase was a lot of people's first crypto exchange, but it's far from the only option, especially for European investors.

www.theblock.co

AI buildout weighs on bitcoin demand but future gains could reverse trend, Relai CEO says

www.theblock.co · 2mo ago

Julian Liniger, CEO of Relai, said the current bitcoin bear market is driven in part by liquidity absorbed by AI investments.

bitcoinworld.co.in

Relai CEO Julian Liniger: Bitcoin Is The Ultimate Store Of Value, Not A Short-Term Bet

bitcoinworld.co.in · 3mo ago

Julian Liniger, co-founder and CEO of the Bitcoin investment app Relai, has reaffirmed his conviction that Bitcoin represents the ultimate...

www.theblock.co

AI buildout weighs on bitcoin demand but future gains could reverse trend, Relai CEO says

www.theblock.co · 3mo ago

Julian Liniger, CEO of Relai, said the current bitcoin bear market is driven in part by liquidity absorbed by AI investments.

www.bbntimes.com

Self-Custody Matters: Top 3 Non-Custodial Bitcoin Apps in Europe [2026]

www.bbntimes.com · 4mo ago

Discover three market-leading self-custodial Bitcoin apps for European investors, comparing user-friendliness, features, fees, security, and more.

Latest from social

LinkedIn & Facebook

About Relai

Relai was founded in 2020 by Julian Liniger and Adem Bilican in Zurich, Switzerland, offering a simple, non-custodial Bitcoin-only app. The company operates under regulatory frameworks across the EU and Switzerland, and in 2025 obtained a MiCA license from the French Financial Markets Authority (AMF). By 2025 it had surpassed 1 billion USD in total volume and 500,000 app downloads.

Frequently asked questions

Does Relai have a MiCA licence?

Yes. Relai (legal entity RELAI EU SASU) holds a MiCA crypto-asset service provider (CASP) authorisation, regulated by Autorité des marchés financiers (AMF) in France and listed in the official ESMA register.

Who regulates Relai in the EU?

The EU activity of Relai is authorised and supervised by Autorité des marchés financiers (AMF), its home national competent authority under MiCA.

Which crypto services is Relai licensed for?

Under MiCA, Relai is authorised for: Exchange of crypto-assets for funds.

In which countries can I legally use Relai?

A MiCA authorisation passports across the whole EU/EEA, so Relai may legally serve clients in all 30 EU/EEA member states.

Is Relai in the ESMA register?

Yes. RELAI EU SASU appears in ESMA's official register of authorised MiCA crypto-asset service providers, recorded under Autorité des marchés financiers (AMF).

Is a MiCA licence the same as a CASP licence?

Yes. MiCA (MiCAR) is the EU regulation; a CASP (crypto-asset service provider) is a firm it licenses. "MiCA register", "CASP register" and "ESMA register" all refer to the same official list.

Compare Relai with similar crypto exchanges

Ratings & sentiment aggregated from Trustpilot, Google Play and App Store - anonymised store metrics only, no individual reviews.

Spotted incorrect data on this page? Let us know.