Shakepay

Shakepay: Buy/Sell Bitcoin in Canada

Canadians buy and sell digital currencies in minutes with the Shakepay wallet.

Supports Bitcoin (BTC), Ethereum (ETH), and Canadian dollars (CAD).

Instant verification: Get your account setup in minutes, not days.

Shakepay: Quick & Fee-less Crypto Trading

Brief: Shakepay is a streamlined cryptocurrency platform offering swift and free funding options to all users in Canada. Designed to provide simplicity and efficiency to your crypto transactions, Shakepay enables you to get started with as little as $5. With an emphasis on eliminating unnecessary fees and ensuring secure transactions, Shakepay stands out as a trusted partner in managing Bitcoin and Ethereum dealings.

Core Features:

• 🤖 Fast & Free Funding: Shakepay allows users to fund their accounts through various channels like Interac e-Transfer and wire transfers, all without fees.
• 💹 Price Alerts: Stay informed with real-time price alerts for Bitcoin and Ethereum, ensuring you never miss a market move.
• 🔄 Peer-to-Peer Transfers: Easily send money to friends within the Shakepay ecosystem, making transferring funds as simple as a tap.
• 🔐 Enhanced Security: Offers robust security measures such as email verification, two-factor authentication (2FA), and a passcode to secure your digital wallet.
• 📞 Responsive Support: Access to responsive in-app customer support to help with any queries or issues you encounter.

Pros:

• 👍 No Hidden Fees: No charges for funding your account or withdrawing your funds, including covering miners' fees for outgoing transactions.
• 👍 Low Entry Threshold: Begin trading with a minimal investment of just $5, making it accessible for beginners.
• 👍 Regulated Operations: Operates as a federally licensed money service business in all Canadian provinces.
• 👍 Established User Base: Over 80,000 customers have used Shakepay, with more than $300M in digital currency bought and sold.

Cons:

• 👎 Limited Cryptocurrency Options: Currently supports only BTC and ETH, which might not suffice for users looking to trade in a broader range of cryptos.
• 👎 Geographic Restriction: Service is exclusive to Canadian residents, not available for international users.
• 👎 App-Focused: Those preferring desktop trading platforms might find the mobile-centric approach less convenient.
• 👎 Market Dependence: Price alert feature is only as reliable as the volatility and rapid shifts of the crypto market.

Price:

• 💵 Shakepay is free to use for all its funding and withdrawal services. However, it is important to stay informed about potential changes in policy regarding in-app transactions or conversion fees.

Shakepay Official Site

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