Shakepay Review 2025: Best Canadian Crypto Exchange

Shakepay Review 2025: Best Canadian Crypto Exchange

While this may not be a problem for traders that are strictly interested in trading only these coins, the broker may be unsuitable for investors looking to trade multiple coins. We use dedicated people and clever technology to safeguard our platform. Any amount of money I could transfer back and forward independently.Pretty secure, fast, transparent, and very intuitive. You can move your BTC to a personal cold wallet where you control the private keys. The Shakepay Card is now available to Shakepay clients, and you can easily apply for it through your account dashboard on the app.

Can I use the Shakepay Card for online purchases?

Yes, since Shakepay is a licensed Money Service Business, transactions over $10,000 are reported to the CRA. Additionally, if the government requests any customer information, Shakepay is legally obliged to provide it. You can earn free Bitcoin on Shakepay through shaking your phone, cashback, referrals, and giveaways.

• Just remember to have your Shakepay app funded beforehand, as pre-authorized withdrawals from bank accounts are not supported.
• I have been with them with for awhile, and I shared my private information with them to get verified.
• To find the best Canadian crypto exchange, I bought Bitcoin on 18 platforms to compare total fees, prices, and spreads.
• Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
• Shakepay is a Canada-based platform for buying, selling, and storing Bitcoin and Ethereum via a smartphone or desktop computer.

Shakepay Features and Services

Plus, all assets with Shakepay are insured under the exchange’s insurance policy. With great customer service and an equally great reputation, Shakepay excels from a security standpoint. Free crypto withdrawals and deposits are great, but free Bitcoin is even better.

Step 5: Request Card

At the end of the review, you should be able to make an informed decision about whether or not Shakepay the perfect crypto broker for you. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Shakepay Card Review 2025: Benefits, Pros and Cons

Shakepay stands out as an attractive platform for purchasing digital currencies in Canada due to its secure verification process and price advantage. Shakepay supports trading on over 2 cryptocurrencies on their platform. This exchange currently supports 2 of the top 30 market cap cryptocurrencies. A small amount is kept in hot wallets to provide liquidity for daily transactions.

Click “Spot” and then “Deposit” next to the cryptocurrency you want to send. Open Shakepay, click “Send,” paste the Address, enter the amount you wish to send, and confirm the transaction. Finally, Netcoins’ support team is revered for their helpful input, friendly personality, and professional behaviour, which is especially beneficial for beginner investors. So if someone calls you claiming to be a Shakepay employee, it’s shakepay review most likely a scam.

They refused to justify this because they are not obligated with the Terms and Service agreement. As our security and risk assessment team have looked over your account, unfortunately the decision was made that we are no longer able to keep your account open. This means we are unable to add any funds to this account nor use any of the functions. An honest guy that just can’t seem to get ahead to injustice claims.

• Below is a highlight of the Shakepay key features as of the time of writing.
• In addition to their website, Shakepay is also available as an app for iOS and Android.
• Shakepay supports trading on over 2 cryptocurrencies on their platform.
• Is it is licensed as a Money Service Business by FINTRAC and AMF, which are both financial regulatory bodies in Canada.
• With great customer service and an equally great reputation, Shakepay excels from a security standpoint.
• According to user reviews on the Shakepay website, customers love the Shakepay Card because of the extra passive income it generates.

Shakepay has an impressive 4.5-star rating across 12,000 reviews on the Google Play store and an even higher 4.6-star rating across 18,000 ratings on the App Store. I scoured various online reviews across Reddit, Trust Pilot and other sites to see what people are saying about Shakepay. While Shakepay is considered safe, it still doesn’t replace a crypto wallet.