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How do I buy bitcoin with Relai on an external wallet?
How do I buy bitcoin with Relai on an external wallet?
Michael avatar
Written by Michael
Updated over a week ago

Before you buy

Please make sure to back up your wallet before your first transaction by writing down the 12 seed words. Learn more about how to make a wallet backup.

To buy bitcoin with Relai, follow these steps:

  1. Download the Relai app from the App Store or Google Play Store.

  2. Click on 'Actions' in the navigation bar.

  3. Select 'Buy'.

  4. Enter the amount you want to buy.

  5. Click ‘Once’ to change the cycle.

  6. Go to the next step.

  7. Under 'Select your payment method,' add your personal IBAN from which you will transfer money.

  8. Add a referral code to save 0.5% on fees (if you have one).

  9. Click on the 'Use external wallet' button on the 'Order summary' screen.

  10. Go to the next step.

  11. Click on the 'Add address manually' button.

  12. Paste your wallet address.

  13. Check your investment.

  14. Confirm the investment.

  15. Sign the displayed message with your personal bitcoin wallet.

    If your bitcoin wallet doesn’t have this function natively, you can use a service like 'Electrum' in order to do the signing. You can find detailed instructions about the signing process here.

  16. Switch to your banking app and make the transaction to the displayed bank account. Make sure to transfer the exact same amount as the one you specified in the order to avoid a refund.

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