Update March 8, 2024: ShakePay has just ramped up its bonus to $20 free, when you buy $100 of crypto, either Bitcoin or Ethereum. Click here to sign up.
Bitcoin has surged to a new all-time high today as it touched $69,646.59 USD ($93,977.97 CAD). If you’re looking to get in on the cryptocurrency train, Montreal-based ShakePay allows Canadians to do so easily from your iPhone and the web.
You can start buying Bitcoin or Ethereum within minutes with no commissions or transaction fees, and fund your account via Interac e-Transfer, plus cash out to your bank account instantly as well.
ShakePay is licensed as a Money Service Business by FINTRAC and the AMF to operate in all Canadian provinces and territories.
Right now if sign up, you can also get $20 CAD free to buy cryptocurrency, after your first $100 CAD deposit.
After that, if you ‘shake’ your iPhone or Android phone while the ShakePay app is open, you get free ‘satoshis’, which works out to free Bitcoin. 100 million ‘satoshis’ is equivalent to 1 Bitcoin. Every day that you ‘shake’ your iPhone, you get more free ‘satoshis’ as your streak continues. It’s basically free money that works out to $45 CAD per month–by shaking your phone daily.
How does ShakePay compare to Wealthsimple? For starters, funding is instant with ShakePay instead of 3-5 days with Wealthsimple. You can also send your digital money to another BTC or ETH address with ShakePay, something Wealthsimple doesn’t offer yet. But right now Wealthsimple is offering a $25 bonus for signing up.
Click here to sign up for ShakePay and get $30 CAD free to buy Bitcoin or Ethereum after you buy your first $100 worth of crypto. If you’re not seeing your bonus of $10, enter POVM000 manually, here.
Or sign up for Newton and get $25 free on your first investment over $100, or get $30 free from Calgary-based NDAX.
Disclosure: ShakePay is an affiliate partner of iPhone in Canada and allows readers to support the site. Invest in cryptocurrencies at your own risk; this article is not investment advice.
