Regulated Swiss non-custodial Bitcoin app Relai has announced the launch of “Relai Business,” a new OTC service aimed at business clients.
According to a release sent to Bitcoin Magazine, Relai Business will allow small to medium businesses to buy bitcoins within a day. The service is Relai’s second OTC solution, with the first, Relai Private, aimed at high net worth individuals, allowing transactions of more than 100,000 CHF/EUR.
“It is a huge market that we entered: There are 25M SMEs in Europe, and a large number of them are led by bitcoiners,” commented Julian Liniger, CEO and co-founder at Relai. “In the next ten years, millions of businesses will want to put billions into bitcoin, and we’re going to make it super easy to do that!”
The Relay app recently received a complete overhaul including an easier purchase flow and improved UX. The company also added support for VISA, Mastercard and Apple Pay, adding options for users to buy bitcoins. According to a press release, “the Swiss company recently reported record numbers in terms of active users and trading volume.”
Relay allows users to control their money. The app provides a non-custodial wallet that allows users to control their own keys and therefore have complete sovereignty over their bitcoins. However, it should be noted that the safest way to store bitcoins is always in cold storage using special hardware devices.