Today at the Plan B conference in Lugano Relai announced that they will integrate Lightning in the app.
Now, if you haven't heard of Relai:
Relai is an easy-to-use auto-investing app that enables almost anyone in Europe to buy and sell Bitcoin from their bank account. To use Relai, you don’t need to register an account or submit personal information and documents. You just need to download the Relai app from the App Store or get it on the Google Play Store and start using the app immediately.
For more info and how to set up your Relai account check out my tutorial video on IG or my Youtube channel.
“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 in early 2024, Relai will expand the integration to direct purchases through their broker service directly into their Lightning wallets. This is possible through a partnership with Breeze, one of the earliest self-custodial Lightning wallets still in operation today, making use of the Breez Software Development Kit (SDK).”
If you need a lightning wallet besides your Relai app, I highly recommend the Breeze app/wallet. Also for business owners who want to incorporate Bitcoin in their business as a payment option, please use/test Breeze.
“The Breez SDK and Greenlight will ensure that the entire Lightning 👉🏽xperience for Relai users is not only self-custodial but also removed a step from Relai.”
For more info about the partnership and the technicality, read here:
https://bitcoinmagazine.com/business/relai-integrates-lightning-with-help-of-breez-sdk-and-greenlight
⚡ Why You Should Check Out The Relai Lightning Network Wallet:
Send and receive Bitcoin at lightning speed! Get your Bitcoin Lightning Network Wallet from Relai, the regulated Bitcoin app from Switzerland. Simple, fast, and secure.
🚆 Transaction Speed: Lightning Network wallets allow for near-instantaneous transactions, while transactions on Bitcoin's main blockchain can take longer depending on network usage and fees.
💸 Fee Structure: Transactions on the Lightning Network tend to have much lower fees than on-chain transactions on the Bitcoin blockchain. Sometimes Lightning transactions are even free.
🛣️ Payment Channels: Only Lightning Network wallets can open, manage, and close payment channels. These channels enable off-chain transactions between users.
Pros of using the Relai 🇨🇭 (npub1sqz…vk7v) app:
👉🏽 You do not need to provide your personal details or register an account (Yes. At Relai you can buy Bitcoin without submitting the full KYC nonsense).
👉🏽 The Relai wallet is non-custodial (which means only you have control over your Bitcoin).
👉🏽 You can dollar-cost average Bitcoin.
👉🏽 You can stack sats with zero fees with Relai (once a month - only applicable to single orders)
👉🏽 Starting in early 2024, lightning support
For new users, the app can be downloaded from all Play Stores. The iOS version is only available in Swiss, Austria, France, Italy, and German App Stores.
If you set up a Bitcoin Savings Plan (weekly/monthly) you can use my code CRYPTOFRIDAY and your fees will be reduced by 0.5%!
This is not an ad or a sponsored post. I just really like Relai.
Good luck and happy stacking!
#zapathon #bitcoin #nostr #plebchain #grownostr #zap #pleb #relai #lightning
