Let’s go: We broke all kinds of records in Q1 2023
We’re excited to share that we at Relai have shattered previous records in our best quarter yet. With an impressive 215% year-on-year growth, we’re continually working towards making Bitcoin more accessible than ever before. So, buckle up and join us as we take you through our journey, celebrating milestones and looking forward to what’s next!
In this blog post, you’ll learn about Relai’s record 215% YoY growth, best-ever month and quarter, and plans to strengthen its position as a leading Bitcoin-only platform.
STACKING SATS, AS SIMPLE AS POSSIBLE
Our mission is to make buying bitcoin as simple and hassle-free as possible, with real BTC stacked directly in your non-custodial wallet. We are proud and happy that you, our community, have embraced our vision. Together we’ve achieved record-breaking growth throughout January, February, and March 2023 in volume, revenue, app downloads, and active users.
Here are the highlights from our record-breaking Q1, 2023:
- Best month in March 2023 with a 215% increase in revenue compared to March 2022
- Best-ever quarter in the company’s history in terms of volume and revenue
- Over CHF 10 million in monthly volumes for the first time in company history
- More than 200,000 app downloads and a total of CHF 120 million traded
OUR COMMUNITY KEEPS US GOING STRONG
We are blown away by the dedication and trust our community has placed in us. Looking at the numbers, it’s evident that our laser-focused commitment to offering easy access to bitcoin via a simple self-custodial wallet is paying off.
As the financial and crypto industries face turbulence, bitcoin emerges as a unique contender. Its status as the best savings technology ever invented is becoming more evident by the substantial price increase since the beginning of the year. As trust in banks and other traditional players is eroding, we are well-positioned to capture demand for buying and storing bitcoin without the need to trust anyone.
FUELING OUR GROWTH WITH RECENT FUNDING
You may remember our recent announcement about securing USD 4.5 million in funding, led by Jeff Booth’s ego death capital. These funds will help us strengthen our position as the top retail bitcoin-only on-ramp. Our plans for this year include zero-fee trading, Lightning integration, and the launch of a white-label product.
We’ve expanded our platform to cater to small and medium-sized businesses interested in adding bitcoin to their balance sheets with Relai Business. Our goal is to give investors maximum control over their money, so we offer a non-custodial wallet, ensuring users have complete sovereignty over their bitcoin.
JOIN US ON THIS EPIC JOURNEY
As we break records and reach new heights, we’re grateful for our community’s unwavering support. We’ll keep pushing forward, making Relai the number-one choice for Bitcoin enthusiasts everywhere.
To start buying bitcoin and experience our service, download the Relai app from the Google Play Store or Apple App Store (iOS app currently only available in Switzerland) today. Don’t forget to spread the word and share your love for Relai with your friends and family!