Relai, the Swiss-based Bitcoin app with a self-custody wallet, has announced a new partnership with Blockstream and Breez to integrate the Lightning Network into its platform, benefiting over 100,000 European users, according to a press release sent to Bitcoin Magazine.

The Lightning Network offers a scalable solution to facilitate fast and low-cost transactions, making Bitcoin more suitable for everyday use. By leveraging Lightning, Relai aims to streamline Bitcoin payments for its growing user base, empowering them to send and receive bitcoin directly to their wallets in a self-custodial manner.

“Bitcoin is sound money. Lightning is the future of Bitcoin,” said Relai CEO Julian Liniger. “It’s how money will be moved around the world in the 21st century. That’s why Lightning is a strategic focus of Relai and will be integral to our mission of bringing BTC to millions of people quickly, easily, and securely!”

Partnering with industry giants Blockstream and Breez, Relai aims to ensure seamless integration and optimal user experience. Blockstream’s Greenlight cloud nodes and Breez SDK’s Lightning Service Providers (LSPs) enable Relai to offer Lightning’s benefits while maintaining non-custodial control over users’ funds.

The integration of Lightning into Relai’s platform is just the beginning of its product expansion and European expansion plans, according to the release. Relai aims to obtain the MiCA license to extend its services throughout Europe, marking a big step towards its goal of making Bitcoin accessible to millions of users across the continent.

Source link

Relai, a European non-custodial Bitcoin wallet with broker services incorporated in the app, is announcing their integration of Lightning functionality today at the Plan B conference in Lugano. Lightning support will initially roll out as a closed invite-only beta program, slowly rolling out to full public access before the end of the year Q4 2023. Starting early 2024, Relai will expand the integration to direct purchases through their broker service directly into their Lightning wallets.

This integration comes through a partnership with Breez, one of the earliest self custodial Lightning wallets still in operation today, making use of the Breez Software Development Kit (SDK). The SDK will allow Relai to seamlessly integrate Lightning functionality for their users while relying on Blockstream’s recently launched Greenlight service to handle all of the backend functionality for users. Greenlight runs the majority of the node software in the cloud for users, while still keeping the private key used to control funds and authorize updates to users’ channels on their own device. This allows for a seamless and quick user experience, while still maintaining a self custodial arrangement where Greenlight is incapable of altering the state of a user’s Lightning channel without their involvement.

The Breez SDK and Greenlight will ensure that the entire Lightning experience for Relai users is not only self custodial, but removed a step from Relai. Greenlight will give users access to multiple LSPs as channel peers, giving them optionality in a marketplace to find the best fees or network connections to optimize for their use cases and budgets. It also guarantees that aside from purchases deposited directly into their Lightning wallet by Relai, the company will have no insight into users’ activity on the Lightning Network because of their lack of involvement in running the actual LSP infrastructure a user is connected to.

Adem Bilican, Co-Founder and CTO of Relai says of the collaboration, “Our collaboration with Breez fortifies our position at the forefront of the Bitcoin revolution in Europe. By integrating the Bitcoin Lightning Wallet, we are not only enhancing the user experience but also propelling Bitcoin’s adoption as a daily transactional currency.”

Roy Sheinfeld, Breez Co-Founder and CEO, says in this regard, “Working with a forward-thinking partner like Relai has been a delightful journey. We are united by the vision of making Bitcoin and Lightning easily and securely accessible to as many people as possible.”

This partnership will bring the full package to European Bitcoin users, self custody on-chain, on and off ramps, and Lightning payment support all bundled together into one application all without compromising on the principles of self custody. Keep your eyes peeled for the integration to come out of beta in the coming months. 

Source link

Chris sits down with Julian Liniger from Relai to talk about surviving the bitcoin bear market, what they have been building over the last 12 months, what does Relai hope to accomplish in the near term and what are Julian’s thoughts on new regulations coming to Europe around Cryptocurrencies.

Check out the full interview on YouTube: https://www.youtube.com/watch?v=jx2lOFzUh2Q&feature=youtu.be

Julian Liniger’s Relai App: Navigating the Bitcoin Bear Market and New Regulations

Julian Liniger’s Relai App emerges as a promising solution, offering an innovative way to navigate the Bitcoin bear market and adapt to new regulations. This article explores the genesis of Relai, its key features, and how it stands out in the crypto market. It also delves into the role of Relai in a bear market, strategies for surviving downturns, and the impact of bear markets on Bitcoin investments. Additionally, it discusses the changing landscape of crypto regulations, how Relai is adapting to these changes, and the future of Bitcoin amidst regulatory shifts. Finally, it explores predictions for Bitcoin’s future, the role of Relai in shaping its trajectory, and Julian Liniger’s vision for the future of Relai and Bitcoin.

Key Features of the Relai App

The Relai App stands out with its key features that simplify the investment process. One of the standout features is its intuitive interface, allowing users to purchase Bitcoin in seconds. Moreover, Relai eliminates the complexities associated with managing private keys by employing a secure and custodial setup, providing users with peace of mind. Additionally, it offers automated recurring purchases and micro-investing, enabling users to incrementally build their Bitcoin portfolios over time.

Navigating the Bitcoin Bear Market with Relai

In any investment market, bear phases test the mettle of investors. The Bitcoin bear market is no exception. However, Relai offers a unique set of solutions to help individuals steer through turbulent times.

Strategies for Surviving a Bitcoin Bear Market

Surviving a bear market requires patience, resilience, and a well-thought-out strategy. Relai encourages users to adopt disciplined investment practices, such as dollar-cost averaging and long-term holding. By continuously investing fixed amounts at regular intervals, users can take advantage of the market’s fluctuations, potentially lowering their average cost per Bitcoin while minimizing the impact of short-term volatility.

The Road Ahead for Relai and Bitcoin

Julian Liniger’s Vision for the Future of Relai and Bitcoin

Julian Liniger envisions a future where Relai continues to empower individuals to invest in Bitcoin with confidence and ease. Liniger’s unwavering belief in the potential of Bitcoin, combined with his commitment to user-centric design and regulatory compliance, positions Relai as a trailblazer in the evolving Bitcoin landscape. Liniger’s vision extends beyond Relai itself, with Bitcoin playing a transformative role in the global financial system, fueling innovation, and creating new opportunities for individuals worldwide.

As the Bitcoin bear market persists, and new regulations reshape the industry, Julian Liniger’s Relai App emerges as a reliable and accessible solution. As Bitcoin continues to evolve and capture the public’s imagination, Relai remains a leading platform for both new and experienced investors seeking to embrace the potential of Bitcoin.

Source link

Relai, a Swiss non-custodial Bitcoin app, has announced the launch of zero-fee bitcoin purchases in order to attract more users. 

This new offering allows users to make one fee-free bitcoin purchase per month for up to 100 CHF/EUR. By offering a zero-fee purchase option to its user base of over 70,000 individuals, Relai hopes to encourage more individuals to explore the benefits of owning bitcoin and participating in the digital economy.

Julian Liniger, Relai CEO and co-founder, expressed his excitement about the new offering in a press release sent to Bitcoin Magazine, stating, “We are thrilled to offer our users the zero fee purchase option. It’s a testament to our commitment to simplifying Bitcoin investments and making it accessible to everyone.” He further emphasized the importance of providing fair and secure access to bitcoin, calling it the “best savings technology ever invented.”

In addition to the zero-fee trading launch, Relai explained that it recently made improvements to its user interface, making it even easier for users to onboard and use core functions like buying and selling. The press release states that these efforts have contributed to the company’s success, with March 2023 being its best month to date according to the company. Relai reported a 215% year-on-year revenue growth since March 2022, along with a 53% increase compared to February 2023.

Relai recently announced an investment of $4.5 million, led by Jeff Booth’s ego death capital. The company has reiterated its plans for the future, including Lightning integration and the launch of a white-label product.

Source link

The funding will be used to expand the platform’s retail Bitcoin on-ramp in Europe, add zero-fee trading, support for Lightning and more.

Relai, a Swiss non-custodial bitcoin platform, has announced a $4.5 million funding round led by Ego Death Capital. 

New investors include Timechain, Cabrit Capital and Lightning Ventures, while participating firms Redalpine and Fulgur Ventures are both previous investors.

In addition to this news, the company announced that Ego Death Capital general partner Andi Pitt will be joining Relai’s board.

“The current bear market is the perfect time to focus on what’s most important: building a top-notch product, delivering a seamless user experience, and educating people about Bitcoin as the best savings technology ever invented,” said Relai CEO and co-founder Julian Liniger. “Our team is hungry for what’s ahead, and we have a crystal clear plan that we will execute in the coming months. With ego death capital and the great network around Jeff Booth, Andi Pitt, and Nico Lechuga, we are ready to bring bitcoin to everyone in Europe!“

The funding will go towards further expansion as a retail Bitcoin on-ramp in Europe. Relai currently has plans to add zero-fee trading, implement support for the Lightning Network and introduce a white-label product that will allow for other firms to offer fiat-to-bitcoin trading. Also in focus is the recently launched Relai Business platform.

“We’ve been really impressed by Julian and the Relai team and their ability to deliver long term value to users,” commented Jeff Booth, general partner at ego death capital. “We believe they will be a key player for European Bitcoin adoption and are excited to work with them.”

Source link

Source link