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Shakepay

Website LinkedIn

Last updated on

Company health

Employee growth
25% increase in the last year
Web traffic
49% decrease in the last quarter
Financing
July 2021 - $36M

Ratings

G2
5.0/5
(2)
Glassdoor
3.6/5
(24)

Shakepay description

Shakepay is a Canadian cryptocurrency platform that allows users to buy and sell Bitcoin and Ethereum. It features a simple interface for quick transactions and commission-free trading at market prices. Users can fund their accounts via direct deposit or e-transfer and earn Bitcoin rewards through referrals and shaking their phone. Shakepay prioritizes security, storing digital currencies offline with insurance and allows withdrawals to private wallets. They are regulated as a Money Service Business by FINTRAC.


Who is Shakepay best for

Shakepay is a Canadian platform ideal for individuals and small businesses looking to buy, sell, and hold Bitcoin and Ethereum. It offers a simple, commission-free trading experience with unique rewards like earning Bitcoin by shaking your phone. Shakepay prioritizes security, storing assets offline with insurance, and is regulated by FINTRAC.

  • Ideal for small businesses (1-100 employees).

  • Well-suited for finance, banking, insurance, software, IT, and telecommunications.


Shakepay features

Supported

Users can buy and sell Bitcoin and Ethereum on the platform.

Supported

Users can fund their accounts through direct deposit or e-transfer.

Supported

Users can earn Bitcoin through referrals and by shaking their phone daily.

Supported

Users can withdraw their cryptocurrencies to private wallets.

Supported

Shakepay stores digital currencies offline with insurance.

Supported

Shakepay is regulated by FINTRAC as Money Service Business.

Supported

Shakepay offers commission-free trading on Bitcoin and Ethereum.


Shakepay pricing

The commentary is based on 3 reviews from Shakepay G2 reviews and Shakepay TrustPilot reviews.

Shakepay offers a simple and easy way to buy Bitcoin and Ethereum, with users highlighting its competitive spreads and lack of fees. While the platform's simplicity is praised, it also limits advanced features like staking or altcoin purchases.

See the Shakepay pricing page.


Shakepay alternatives

  • Logo of WhiteBIT
    WhiteBIT
    Securely buy, sell, and trade crypto with advanced features.
    Read more
  • Logo of Luno
    Luno
    Buy, sell, and learn about crypto securely and simply.
    Read more
  • Logo of Bitso
    Bitso
    Latin American crypto platform: buy, sell, and manage digital assets.
    Read more
  • Logo of UPHOLD
    UPHOLD
    Buy, hold, and trade crypto transparently with easy conversions.
    Read more
  • Logo of Coinbase Exchange
    Coinbase Exchange
    Securely buy, sell, and trade crypto at professional volumes.
    Read more
  • Logo of Kriptomat
    Kriptomat
    Buy, sell, and manage crypto easily. Licensed, secure, and beginner-friendly.
    Read more

Shakepay FAQ

  • What is Shakepay and what does Shakepay do?

    Shakepay is a Canadian platform for buying and selling Bitcoin and Ethereum. It offers a user-friendly interface, commission-free trading, and convenient funding options via direct deposit or e-transfer. Users can also earn Bitcoin rewards. Shakepay prioritizes security and regulatory compliance.

  • How does Shakepay integrate with other tools?

    Shakepay primarily focuses on its own ecosystem and currently doesn't offer direct integrations with other tools. Its core functionality centers around simplifying direct crypto transactions, rather than connecting with external platforms.

  • What the main competitors of Shakepay?

    Shakepay's main competitors include other cryptocurrency platforms like Newton, Wealthsimple Crypto, Coinberry, and NDAX. These platforms offer similar services, such as buying and selling Bitcoin and Ethereum in Canada.

  • Is Shakepay legit?

    Shakepay is a regulated Canadian cryptocurrency platform, suggesting it's a legitimate service. User reviews on Glassdoor average 3.6 out of 5 stars. For more in-depth information, research "is Shakepay safe" online.

  • How much does Shakepay cost?

    Shakepay doesn't publicly list its pricing information. Therefore, it's difficult to determine if Shakepay is worth the cost without more details. Contact Shakepay directly for product pricing details.

  • Is Shakepay customer service good?

    Shakepay's customer service receives mixed reviews. While some users praise its speed and friendliness, others report long response times, unresolved issues, and unhelpful support agents. Several users experienced significant delays in account funding and difficulty contacting support regarding these issues.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.