What Is Shakepay? Why Every Canadian Should Have an Account
- Alexander Loyal
- May 26
- 5 min read
Updated: May 27
Don't miss out on the free rewards with Shakepay referral link Click HERE
If you live in Canada and you’re interested in buying, selling, or earning Bitcoin, you’ve probably heard about Shakepay — and if you haven’t, it’s time you did.
Shakepay is one of the most trusted crypto platforms in Canada, and it’s designed to make Bitcoin and Ethereum simple, fast, and fee-free for Canadians.
In this guide, we’ll explain:
What Shakepay is
What it can do
⚖️ The pros and cons
How it works
🇨🇦 Why it’s one of the best choices if you live in Canada
What Is Shakepay?
Shakepay is a Canadian-owned and operated cryptocurrency platform that lets you:
Buy and sell Bitcoin (BTC) and Ethereum (ETH)
Send and receive crypto instantly
Deposit and withdraw Canadian dollars (CAD) for free
Earn free Bitcoin daily through their “Shake” rewards feature
It’s a mobile-first app (also has a web version) and is one of the easiest ways for Canadians to start using crypto.
How Shakepay Works (Simplified)
Here’s how Shakepay works step-by-step:
Sign up for an account with your email and phone number
Verify your identity (usually takes minutes)
Add CAD to your account via Interac e-Transfer
Use your balance to buy Bitcoin or Ethereum instantly
You can then:
Hold it in your Shakepay wallet
Withdraw it to your cold wallet (like Ledger)
Sell it back to CAD anytime
Send it to friends or pay someone
You can also shake your phone once per day (yes, literally) to get free Bitcoin deposited to your account!
How Easy Is Shakepay to Use? More Than You Think.
When people hear “crypto app,” they often picture complex charts, confusing wallets, and technical headaches. But Shakepay breaks that stereotype. It’s one of the simplest platforms for buying, selling, and earning Bitcoin and Ethereum — and it’s built specifically for real people.
Whether you're a complete beginner or just looking for a faster, more convenient way to handle crypto in your everyday life, Shakepay makes it effortless.
🔓 Easy to Set Up, Even Easier to Use
Getting started with Shakepay takes just minutes. All you need is:
A phone or computer
Basic ID verification
A few taps
No complicated processes. No hidden fees. Once you’re verified, you can buy Bitcoin or Ethereum instantly with Interac e-Transfer — and your funds are available in seconds.
💸 Send, Spend, and Cash Out Seamlessly
Shakepay isn’t just about holding crypto — it’s designed for daily use:
Send Bitcoin to friends instantly
Cash out to your bank with no withdrawal fees
Use the Shakepay Card (a prepaid Visa) to spend your Bitcoin anywhere — and earn Bitcoin cashback on every purchase
That means you can earn, save, and spend Bitcoin just like regular money — with the added benefit of being your own bank.
📲 Daily Bitcoin with a Shake
Here’s where it gets fun. Once you join through a referral, you unlock the “Shake” feature — shake your phone every day while the app is open and earn free Bitcoin, daily.
It’s a small reward, but it adds up — and it’s completely free.
💼 Real-World Use Cases
Shakepay isn’t just for crypto enthusiasts. Here's how real people use it:
Travelers use Shakepay to move money quickly without high international fees
Side hustlers accept crypto payments and cash out instantly
Everyday shoppers use the Shakepay Card and stack Bitcoin rewards on groceries, gas, and bills
Savers use Shakepay to move some of their income into Bitcoin as a long-term store of value
Simple. Secure. Canadian.
Shakepay is built for Canadians — with fast support, regulatory compliance, and bank-level security. It’s not just a trading platform. It’s a tool for financial freedom and real-world utility.
Ready to Try It?
To start earning free Bitcoin, you need to join through a referral link or refer someone yourself. Why not use mine and get a head start?
Features That Make Shakepay Stand Out
1. Zero Fees on Buying and Selling
Shakepay doesn’t charge fees when you buy or sell BTC or ETH.
They make money on the spread (the small difference between buy/sell prices), but it’s very competitive.
2. Instant CAD Deposits and Withdrawals
Use Interac e-Transfer to fund your account quickly.
Withdraw money back to your bank in minutes, not days.
3. Free Bitcoin Rewards
Shake your phone every 24 hours to get free Satoshis (fractions of Bitcoin)
Get Bitcoin back on referrals and special promos
Upcoming Shakepay Card (beta) gives Bitcoin cash back on purchases
4. User-Friendly Design
Super simple interface — even total beginners can use it without confusion
5. Canadian Regulation and FDIC-like Protection
Registered as a Money Service Business (MSB)
Holds customer funds in segregated Canadian bank accounts
✅ Pros of Shakepay
🇨🇦 Made for Canadians
⚡ Super fast e-Transfers (in & out)
🆓 No trading fees
🧠 Beginner-friendly
🎁 Free Bitcoin rewards (Shake & referrals)
💳 Upcoming Visa card with Bitcoin cashback
🔐 Can send crypto to cold wallets
❌ Cons of Shakepay
Only supports Bitcoin (BTC) and Ethereum (ETH) — no altcoins
Not a trading platform (no limit orders, no charts)
Spread can be slightly higher than on trading platforms
No staking or advanced DeFi features
Not available to U.S. or international users (Canada only)
Who Should Use Shakepay?
You Are… | Shakepay Is a Good Fit? |
A beginner in crypto | ✅ Yes — easiest on-ramp in Canada |
A long-term Bitcoin holder | ✅ Yes — use it to buy, then transfer to cold wallet |
A regular Ethereum investor | ✅ Yes — easy way to buy ETH |
Looking to stake or earn yield | ❌ No — Shakepay doesn’t offer staking |
A serious trader using charts | ❌ No — use advanced platforms like Kraken or Binance |
Just want a safe, simple app | ✅ Yes — can’t get simpler for Canadians |
Why Shakepay Is Perfect for Canadians
Shakepay is the go-to crypto app for Canadians who want a simple, safe, and fee-free way to buy Bitcoin and Ethereum.
No hidden fees
Fast Canadian bank transfers
Fun rewards (like shaking your phone for sats)
Made in Canada, for Canadians
Perfect for beginners and casual users
If you’re just getting started — or want an easier way to stack sats — Shakepay is a must-have in your crypto toolkit.
Ready to Try It?
👉 Sign up for Shakepay here (You’ll get free Bitcoin when you buy your first $100!)
Start Earning Free Bitcoin with Shakepay
Shakepay is one of the easiest and fastest ways for Canadians to buy, sell, and earn Bitcoin. But did you know you can start earning free Bitcoin daily — just by shaking your phone?
Here’s the catch: to activate this awesome feature, you need to join through a referral — or refer someone yourself.
Why not get a head start by using my referral link? You’ll unlock the Shake feature right away, allowing you to earn Bitcoin every day — for free — just by opening the app and giving your phone a shake.
want to follow a step by step guide on how to set it up and use it,
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