Relai vs Fidelity Crypto

Relai and Fidelity Crypto both operate in the exchange and brokerage space, but they take fundamentally different approaches to how your bitcoin is held. The scores are close — Relai at 78/100 (B+) and Fidelity Crypto at 74/100 (B). When the gap is this narrow, the details matter: custody model, single points of failure, and the fine print on fees.

Where Each Platform Wins

Custody and security — the most heavily weighted category in our methodology at 35% — tilts 12 points toward Relai (82 vs. 70). Relai eliminates single points of failure in its custody architecture, while Fidelity Crypto relies on a model where one compromised entity could put your bitcoin at risk. On fees, Fidelity Crypto wins by 5 points. Fidelity Crypto charges 1% spread compared to 1% - 1.5% at Relai. Over a multi-year holding period, fee differences compound — a point worth considering for long-term accumulators.

The Custody Question

Here's the key difference: Relai has no single point of failure (Non-Custodial), while Fidelity Crypto does (Single Custodian). This matters because a single-point-of-failure model means one compromised entity — whether through a hack, insolvency, or government action — could result in total loss of funds. History has proven this risk is not theoretical. FTX, Celsius, and BlockFi all represented single points of failure for their users.

Bottom Line

Relai edges out Fidelity Crypto by 4 points. It's a close call, and the right choice depends on your specific situation — how much bitcoin you're holding, how often you need access, and whether you prioritize bitcoin-only. european. auto-dca directly to your own wallet. over trusted brand. integrated with existing fidelity accounts.. Keep in mind these platforms target different audiences — Relai is built for europe, while Fidelity Crypto serves traditional. One thing to watch with Fidelity Crypto: limited to three cryptocurrencies. single custodian..