NightTrader Exchange vs Relai
NightTrader Exchange has the higher grade on both axes: Safety 6.4 against 5.1, and Privacy 6.5 against 0.7.
NightTrader Exchange
Order-book exchange using two-key deposit accounts with timelocked refunds
Privacy
6.5/ 10
Fair
Safety
6.4/ 10
Fair
No ID mentioned KYC 1 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
| NightTrader Exchange | Relai | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | No ID mentioned | ID mandatory |
| Custody | Non Custodial | Non Custodial |
| Sign-up | Email required | Email required |
| Open source | Yes | No |
| Tor onion address | No | No |
| Coins | BTC, LTC, BCH, ETH | BTC |
| Pay with | Crypto | Bank transfer, Card |
| Fees | Not published | 1% per buy or sell (0.9% with an invite code); card, Apple Pay and Google Pay add 3% |
| Limits | Not published | No tier without identity verification stated; purchases from 50 CHF/EUR; a separate service handles trades above 100,000 CHF/EUR |
| Founded | 2024 | Not published |
| Jurisdiction | Not published | Switzerland |
| Not available in | Not published | Verification is open only to citizens of supported countries |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only NightTrader Exchange
Non-custodialMultisig or hold-invoice escrowAnonymous operator
Both
Runs an affiliate programme
Only Relai
Requires emailMay request IDLegal entity disclosed
Where they sit among no-kyc exchanges
Questions
Is NightTrader Exchange or Relai safer?
NightTrader Exchange has the higher Safety grade: NightTrader Exchange 6.4, Relai 5.1, out of 10.
Does NightTrader Exchange or Relai require KYC?
NightTrader Exchange is KYC level 1 (no ID mentioned). Relai is KYC level 4 (ID mandatory).
Which has more incidents on record?
NightTrader Exchange has 0 and Relai has 0 documented incidents in the registry.