CoinEx vs Relai
It is a trade-off. Relai has the higher Safety grade (5.1 against 4.5), while CoinEx has the higher Privacy grade (1.3 against 0.7).
CoinEx
Long-running centralised exchange with a $10,000 daily withdrawal limit before ID
Privacy
1.3/ 10
Poor
Safety
4.5/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
Relai
Bitcoin-only savings app with a self-custodial wallet; identity check at onboarding
Privacy
0.7/ 10
Poor
Safety
5.1/ 10
Caution
ID mandatory KYC 4 Docs reviewed Full review →
Side by side
| CoinEx | Relai | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID on risk flag | ID mandatory |
| Custody | Custodial | Non Custodial |
| Sign-up | Email required | Email required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, LTC, BCH | BTC |
| Pay with | Crypto | Bank transfer, Card |
| Fees | Spot VIP 0: 0.2% / 0.16% (fees page; lower tiers with VIP level) | 1% per buy or sell (0.9% with an invite code); card, Apple Pay and Google Pay add 3% |
| Limits | Unverified: USD 10,000 per 24h and USD 50,000 per 30 days. Primary ID: USD 1,000,000 per 24h. Advanced ID: USD 5,000,000 per 24h. Privacy-coin deposits/withdrawals, fiat, P2P, mining and airdrops require ID. | No tier without identity verification stated; purchases from 50 CHF/EUR; a separate service handles trades above 100,000 CHF/EUR |
| Founded | 2017 | Not published |
| Jurisdiction | Not published | Switzerland |
| Not available in | United States, China, Hong Kong, Canada, European Economic Area, United Kingdom, Switzerland, Kazakhstan, Iran, North Korea, Cuba, and other comprehensively sanctioned jurisdictions (List of Prohibited Jurisdictions) | Verification is open only to citizens of supported countries |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only CoinEx
CustodialClosed sourceAML screening5+ years operatingExcludes US users
Both
May request IDRequires emailRuns an affiliate programme
Only Relai
Legal entity disclosed
Where they sit among no-kyc exchanges
Questions
Is CoinEx or Relai safer?
Relai has the higher Safety grade: CoinEx 4.5, Relai 5.1, out of 10.
Does CoinEx or Relai require KYC?
CoinEx is KYC level 3 (ID on risk flag). Relai is KYC level 4 (ID mandatory).
Which has more incidents on record?
CoinEx has 0 and Relai has 0 documented incidents in the registry.