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Relay-regulated Swiss non-custodial Bitcoin app 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 in one day. This service is Relay’s second OTC solution, with the first, Relay Private, aimed at high-income individuals, enabling transactions greater than 100,000 CHF/EUR.
“This is a huge market that we are entering: There are 25 million SMEs in Europe, and a growing number of them are led by bitcoiners,” commented Julian Liniger, CEO and co-founder of Relai. “In the next ten years, millions of businesses want to allocate billions into bitcoin, and we’re going to make it very easy for them to do it!”
The Relay app recently received a complete overhaul including a simpler purchase flow and an improved UX. The company also added support for VISA, Mastercard, and Apple Pay, increasing the options for users to buy bitcoins. According to the press release, “The Swiss company recently reported a record number of active users and trading volumes.”
Relay allows users to maintain as much control over their money as possible. The app provides a non-custodial wallet that allows users to retain control of their own keys and therefore have full sovereignty over their bitcoins. However, it should be noted that the safest way to store bitcoins is always in cold storage using dedicated hardware.
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