Easily trade cryptocurrency with this free app
Shakepay: Buy Bitcoin Canada—or simply Shakepay—is a free Canadian finance mobile app that lets you buy and sell digital currencies without much hassle. Developed by Shake Labs Inc., this digital wallet app allows cryptocurrencies like Bitcoin and Ether to be traded via its simple app interface. This app doesn’t have a lot of advanced functions but it’s pretty straightforward to use.
Is Shakepay a wallet?
At its core, Shakepay allows you to buy and sell Bitcoin (BTC), Ether (ETH) and Canadian dollars (CAD) in their markets. This is easy to do as the app doesn’t need a long process to verify your account. It might take a few minutes—maybe even an hour—but it’s worth the wait due to how low the app’s requirements are once you’ve registered as a user.
With the app, you can add funds to what you’re selling or transfer them to either your contacts or your bank. You can immediately do these as all outgoing transactions are free—there are no fees for funding or withdrawals at all. When adding funds, your options are either Interac e-Transfer, Bitcoin, Ethereum, or EFT & Wire Transfer. Aside from this, you can check the current prices for the currencies and all your past transactions.
You can also enable price alerts and notifications if you want to actively monitor your sales. However, there are no stats available for your data or the cryptocurrency’s data so avid sellers may find the lack of advanced features off-putting. Nevertheless, the app is highly secure as it uses email verification, two-factor authentication, and passcodes.
Straightforward transactions
Overall, Shakepay is great for cryptocurrency buying and selling despite the features it lacks. Veteran users may not find it a good fit for their methods, but beginner buyers and sellers can still enjoy the simple features and clean interface design it hosts. This is a recommended app to try when you’re starting out in this market.