In this guide

  • Our verdict
  • Details
    • Product details
  • Your reviews
Shakepay
Fiat currencies
1
Supported assets
2
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

Our verdict

Buy and sell Bitcoin and Ethereum on Shakepay, one of Canada's most popular crypto exchanges.

Pros

  • Simple, user-friendly app
  • $0 trading commissions
  • Free deposits and withdrawals
  • Earn free bitcoin when you spend fiat currency with the Shakepay prepaid Visa card
  • Earn free fractional bitcoin with the ShakingSats feature

Cons

  • Only supported fiat currency is CAD
  • Only supported cryptos are Bitcoin and Ethereum
  • Limited features and trading tools
  • High spreads not suitable for frequent traders

In this guide

  • Our verdict
  • Details
    • Product details
  • Your reviews

Details

Product details

Product Name Shakepay
Fiat Currencies CAD
Cryptocurrencies BTC and ETH & 1 more
Deposit Methods Cryptocurrency
Interac e-Transfer
Wire transfer
Trading Fee $0
Deposit Fees Interac e-Transfer: $0
Wire transfer: $0
Between Shakepay accounts: $0
Cryptocurrency: $0 (blockchain network fees apply)
Withdrawal Fees Interac e-Transfer: $0
Wire transfer: $0
Between Shakepay accounts: $0
Cryptocurrency: $0 (blockchain network fees apply)

Listed crypto exchange assets

supports cryptocurrency. In total, carries 20 of the top 20 cryptos by market cap.

Popular assets on

Keeping your crypto secure

All centralized exchanges, including , are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. We've shared some of our top picks below.

Ledger Nano X Wallet

Trezor Safe 5

Supported assets

5,500+

Supported assets

7,000+

Price (USD)

$99

Price (USD)

$169

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Finder Score for crypto exchanges

To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.

Read the full methodology

Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Your reviews

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