Shakepay

CEXs
Fiat-Crypto
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- Fiat-Crypto

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Description

Shakepay is a Canadian-based financial technology platform designed to simplify the buying, selling, and exchanging of cryptocurrencies, particularly Bitcoin and Ethereum, for Canadians. It offers instant crypto transactions without fees and features such as the ShakeSats rewards program, which allows users to earn Bitcoin daily. Shakepay also provides a Visa prepaid card, combining crypto and traditional financial systems for real-world spending. Prioritizing security, it uses cold storage for asset protection and adheres to regulatory standards by being registered with FINTRAC and AMF. This makes Shakepay a secure and user-friendly gateway into cryptocurrencies for Canadian users.

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FAQ

What is Shakepay?

Shakepay is a Canadian-based financial technology platform that allows users to effortlessly buy, sell, and exchange cryptocurrencies like Bitcoin and Ethereum. It is designed as an easy entry point into the cryptocurrency world, focusing on providing smooth and instant crypto transactions for Canadians.

How does Shakepay's ShakeSats reward program work?

Shakepay's ShakeSats reward program allows users to earn Bitcoin daily by simply shaking their phone with the Shakepay app open. This feature promotes daily interaction and engagement with the platform, offering an innovative way to accumulate Bitcoin over time.

What are the benefits of using Shakepay over other crypto exchanges?

Shakepay offers several advantages, such as instant and fee-free transactions between users, a unique ShakeSats rewards program, and integration with traditional financial systems through its Visa prepaid card. Its dedication to security and compliance with Canadian regulations ensures a trustworthy and secure environment for cryptocurrency transactions.

Can I use Shakepay for real-world purchases?

Yes, Shakepay offers a Visa prepaid card that enables users to spend their cryptocurrency holdings on real-world purchases. This card bridges the gap between the crypto ecosystem and traditional financial systems, making it easier to use cryptocurrencies in everyday transactions.

Is Shakepay a secure platform for trading cryptocurrencies?

Shakepay prioritizes security by storing the majority of assets in cold storage and implementing a rigorous security protocol. It is registered as a Money Service Business with FINTRAC and AMF, adhering to Canadian regulatory requirements to ensure a safe and reliable platform for trading digital currencies.

Who can use Shakepay's services?

Shakepay's services are primarily designed for Canadians who wish to buy, sell, and manage cryptocurrencies. Canadians can easily use Shakepay to engage with Bitcoin and Ethereum, transfer funds to friends, and participate in digital currency transactions.

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