Shakepay

Name: Shakepay
Rating: 4.8 (6 reviews)

Shakepay is a Canadian cryptocurrency platform that allows users to buy, sell, and exchange Bitcoin and Ethereum. It offers a user-friendly interface for digital asset transactions, supports Canadian dollars, and provides features such as free transfers between Shakepay accounts. The service is accessible via a mobile app and is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

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4.8/5.0

6 Reviews

About Shakepay

Shakepay: Pioneering Crypto Payments with the Shakepay Card

Shakepay has emerged as a leading cryptocurrency exchange in Canada, known affectionately by its users as "shakers." Since its founding in 2015 by Jean Amiouny and Roy Breidi, Shakepay has seen remarkable growth, facilitating over $7 billion CAD in digital currency transactions and serving over a million Canadian customers. The exchange has experienced a tenfold increase in year-over-year growth and is a top financial app in the Apple App Store.

The Bitcoin Golden Age and Consumer Demand

Shakepay's vision is to bring about a "Bitcoin Golden Age," a financial renaissance where Bitcoin's limited supply is seen as a means to build wealth and plan for future expenses. This vision aligns with consumer interests, as reported by Marqeta's 2022 State of Consumer Money Movement Report, where 82% of surveyed consumers expressed interest in a cryptocurrency platform offering a debit card to spend crypto as easily as fiat currency.

The Shakepay Card: Spend and Earn Bitcoin

In response to this demand, Shakepay introduced the Shakepay Card in 2021. This prepaid Visa debit card allows cardholders to earn Bitcoin rewards and spend from their Canadian Dollar balance on Shakepay. Users can fund their cards through personal bank accounts or by selling cryptocurrency, and then use the card for purchases anywhere Visa is accepted, earning 2% in Bitcoin cashback within a certain spending limit. The card's invite-only launch saw over 70,000 sign-ups, indicating a successful reception.

FAQs

What is the Shakepay Card?

The Shakepay Card is a prepaid Visa debit card that allows Shakepay users to spend their Canadian Dollar balance and earn Bitcoin rewards for each purchase.

How can I earn Bitcoin with the Shakepay Card?

Cardholders earn 2% in Bitcoin cashback on eligible purchases made with the Shakepay Card.

How do I fund my Shakepay Card?

You can fund your Shakepay Card by adding Canadian Dollars from your bank account or by selling cryptocurrency on the Shakepay platform.

Can I use the Shakepay Card for everyday purchases?

AYes, the Shakepay Card can be used for everyday purchases anywhere Visa is accepted, both online and in-store.

Rated 4.8/5.0

based on 6 reviews

Showing 6 of 6 Reviews

kortie

Jul 14, 2024

All Canadians should try Shakepay

Hi, I think everyone should download shakepay and here's why: Benefits - ShakingSats: (you must be referred or refer someone to unlock shakingsats) pssss my code is https://shakepay.me/r/J32KT7Z 1....

jasen

Apr 1, 2024

Simple to use, secure, lots of perks if you refer a friend.

I’ve used Shakepay for a few years now, it’s by far the easiest of the exchanges to use in Canada. It can take a day or so to set up, they do the standard KYC verification. Scan a government ID, and ...

bunit72

Nov 26, 2023

Shakepay

Excellent company to buy your BTC. Easy to use AND they have amazing features such as - rounding up your purchases, contests to earn BTC etc . The ONLY exchange I use to get my Bitcoin

hyperbitcoinization

Nov 4, 2023

#shakingsats is a game changer

The ShakingSats thing is a huge game changer. Basically you just shake your phone every 24 hours and get awarded with free sats. The longer you keep up your "shaking streak" the more sats you get on a...

canadianbtccowboy

Oct 5, 2023

SHAKE your phone to get FREE BITCOINS!! (No joke)

I have been using Shakepay for about 3 years now and it is one of the few exchanges I am still using. [b]Pro[/b] 1) Easy UI and sign up was easy. It is KYC though. Navigation is simple and intuitive....

hc4viam

Sep 28, 2023

My favourite app to stack Sats by Dollar Cost Averaging!

This is one of the best ways to stack sats in Canada (mind you, you have to provide KYC/AML data). You can DCA BTC on a daily, weekly, or monthly basis. There are no fees to spend your BTC or transfer...