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Coinbase vs Relai

Comparing
two exchanges
Decided by
Editorial rating
Last reviewed
2026-08-12

The easiest US on-ramp for beginners, publicly listed, and legally in the clear since the SEC dropped its case.

Relai4.5Bitcoin-only

Swiss bitcoin-only app with SEPA instant buys, self-custody by default, and a MiCA license covering the EEA.

No verdict

No verdict: both exchanges score 4.5 out of 5 on our rubric, so the rows below decide by what you need.

Criterion
Editorial rating
Coinbase
4.5
Relai
4.5

Coinbase and Relai, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Coinbase and Relai compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactCoinbaseRelai
Editorial rating4.54.5
Published feesMaker-taker on Advanced TradeAround 1% per purchase
Maker feeAdvanced Trade maker fees fall with 30-day volume and sit well below simple-buy pricingNot published
Taker feeAdvanced Trade taker fees fall with 30-day volume and sit well below simple-buy pricingNot published
Identity verificationRequiredRequired
Bitcoin-onlyNoYes
Payment rails supported136
Countries ranked in6239
Ranks first in711
Countries shared3939
Security record10 dated events, 3 incidents, latest 2026-05-07No record on file
Founded20122020
HeadquartersUnited States (remote-first)Zurich, Switzerland
Last reviewed2026-08-122026-08-12

Where both Coinbase and Relai are ranked

Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.

Countries whose guide ranks both Coinbase and Relai, with each platform's position in that guide.
CountryStatusCoinbase ranksRelai ranksComparison
AndorraLegal#3#1
AustriaLegal#5#3Best exchanges there
BelgiumLegal#5#2Best exchanges there
BulgariaLegal#5#4
CroatiaLegal#5#4
CyprusLegal#5#2Best exchanges there
Czech RepublicLegal#5#4
DenmarkLegal#5#2Best exchanges there
EstoniaLegal#5#2
FinlandLegal#5#2Best exchanges there
FranceLegal#5#2
French GuianaLegal#3#1
GermanyLegal#5#3Best exchanges there
GreeceLegal#5#2
GuadeloupeLegal#3#1
HungaryLegal#5#4
IcelandLegal#4#1Best exchanges there
IrelandLegal#5#2Best exchanges there
ItalyLegal#5#2Best exchanges there
LatviaLegal#5#2
LiechtensteinLegal#4#2
LithuaniaLegal#5#2
LuxembourgLegal#5#2Best exchanges there
MaltaLegal#5#2
MartiniqueLegal#3#1
MayotteLegal#3#1
MonacoLegal#3#1
NetherlandsLegal#5#2Best exchanges there
NorwayLegal#4#1Best exchanges there
PolandLegal#5#4Best exchanges there
PortugalLegal#5#2
ReunionLegal#3#1
RomaniaLegal#5#4
San MarinoLegal#3#1
SlovakiaLegal#5#4
SloveniaLegal#5#4
SpainLegal#5#2Best exchanges there
SwedenLegal#5#2Best exchanges there
SwitzerlandLegal#4#1Best exchanges there

Security records of the exchanges ranked in this comparison

Dated events from each review, newest first: breaches, enforcement actions, licences, audits and proof-of-reserves publications. 1 of the 2 carry no dated record on our reviews yet.

Frequently asked questions

Is Coinbase or Relai better?

No verdict: both exchanges score 4.5 out of 5 on our rubric, so the rows below decide by what you need. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.

Which is cheaper, Coinbase or Relai?

Coinbase: Maker-taker on Advanced Trade. Relai: Around 1% per purchase. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.

Where can I use both Coinbase and Relai?

Both are ranked in our guides for 39 countries, including Andorra, Austria, Belgium, Bulgaria, Croatia. Coinbase is ranked in 62 countries in all and Relai in 39; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has Coinbase or Relai had a security incident?

Coinbase carries 3 incidents among 10 dated events, the latest on 2026-05-07: An AWS cooling failure halted Coinbase trading for eight hours. Relai carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.

Do Coinbase and Relai require ID verification?

Coinbase: required; identity verification is required before buying or depositing.. Relai: required; identity verification is required, in line with Relai's Swiss and EU regulatory obligations..

The full reviews: Coinbase and Relai, each with its sources, and every exchange we review.

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