ShakePay - Canadian Crypto Review
Heroes Never Die……
Or at least they don’t stay DEAD.
Crypto has had a comeback in 2024, and things don’t look to be slowing down anytime soon. Inflation, political uncetainty and economic turmoil are the engine and fuel that demonstrate the true need and power of #CRYPTO. Crypto has put the power back in the people’s hands and democratized financial freedom for the individual. Once reserved for developing countries run by crooks and dictators, the post-COVID landscape has shown that we all need more financial control over our assets and their liquidity.
In Ontario, Crypto trading is regulated by the Ontario Securities Commission and only authorized and registered companies are able to legally operate crypto asset trading platforms.
Enter ShakePay.
With their simple app, your account can be approved and up and running in under an hour.
Shakepay is a crypto wallet, so it allows you to store your crypto coins and currency in your digital wallet or take it offline for cold storage(more advanced but more secure). Additionally, ShakePay is a dealer, so they will buy and sell Bitcoin and Ethereum directly to your account. ShakePay allows your to deposit and withdraw supported cryptocurrencies (BTC and ETH) with no fees. They make their money based on a % fee spread (often 1.2%-1.5% as a transaction fee) when you buy or sell crypto and covert it back into local currency for withdrawal to your bank or financial institution.
PROS:
ShakePay allows you to farm SATS. When you login and SHAKE your phone daily, you get rewarded and paid in BTC. The longer you build your consecutive daily Shake Streak, the more BTC you are award for your daily shake,
The app is very simple and intuitive.
Great for beginners to dip their toe and hold crypto for the first time.
CONS:
The fees are slightly high. Competitive, but you can find slightly prices on other platforms. It depends on what type of user you are and your needs.
Limited Cryptocurrencies and Coins can be held in the wallet (only BTC and ETH).
You need to be referred to the platform in order to be able to immediately farm SATS and start being awarded BitCoin. This is the most important part as you want to start building and holding as much crypto as possible to build your financial wealth.
Please use my referral link below, so that we can both start earning and gaining wealth together #GG #GangGang
Have you tried Shakepay? Sign up with my link and we'll each get $20 when you buy $100 of crypto:
Overall, I truly recommend this platform and you won’t be disappointed. It’s simple, easy and will get you into the game. Later, you will want to get a more robust wallet if you expect to hold more obscure cryptocurrencies and coins.
If you have any questions and want to learn more, please join the community on Discord. We love talking crypto, hypothesizing and learning together.