Shakepay Uses & Rewards Explained

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Avatar for Mr.B-Education
3 years ago
Topics: Finance, Bitcoin, Crypto, Trading, Earn, ...

Shakepay is a Canadian based crypto service that allows users to buy Bitcoin and Ethereum. 

Simply download the app, verify your ID and deposit fiat through either an Interac e-Transfer or wire transfer, and begin purchasing crypto. 

The app is extremely user friendly and simplistic to use. Available on both PC and mobiles meaning whether you care for one or the other they have you covered. 

Some may ask, why would I use this to purchase over other services with more coins?

Well, that's a good question. However, it's not only Shakepays incredibly clean and easy use that has attracted customers. Instead, it is due to Shakepay having some of the lowest fees compared to other exchanges. 

Shakepay allows for free deposits, free purchases, and free withdraws. That's crazy compared to some other exchanges who can charge a minimum of $5 for each of those actions! 

Now if you're buying $1000 worth of BTC or ETH a $5 fee may not seem like a lot. However, if you are a smaller investor or just starting off that $5 fee can be a substantial piece of your investment. These free fees have been leading more and more users to think of Shakepay to avoid paying on purchases and transfers.

All of this sounds great but we have yet to get to the best feature of Shakepay which is, a daily free shake for satoshis. 

When you are referred and verified Shakepay will allow you to shake your phone for a daily of satoshis. This reward begins at 500 and increases by 40 satoshis with each daily shake. The example below to further illustrate how this would work. 

Day 1 500 satoshis 

Day 2 540 satoshis

Day 3 580 satoshis

Day 4 620 satoshis

Day 5 660 satoshis 

Day 6 700 satoshis

Day 7 740 satoshis 

You get the point. Although this does not seem like much in the beginning after just one week you would have received 4,340 satoshis which are currently worth around 1.93 CAD or 1.52 USD. 

After 1 straight month of shaking for your daily reward, you will be receiving more than 1700 satoshis each time! 

But there's more! After hitting the maximum streak of 201 days you will receive 4000 satoshis each time. 

4,000 satoshis x 7 days a week = 28,000 satoshis weekly, 112,000 to 120,000 monthly, and 1,460,000 yearly. 

28,000 satoshis = $12.43 CAD

112,000 to 120,000 satoshis = $49.71 - $53.26 CAD

1,460,000 satoshis = $648.02 CAD

That's a lot of free money! All of these examples are done with Shakepays new rate made over 1 month ago. 

Although it takes time to accumulate, it is arguably one of the best continuous reward systems that I have ever seen. Because of this, I highly doubt it will be able to be continued indefinitely especially with the increase of crypto with the mainstream. 

Along with these rewards, Shakepay has a referral system much like other exchanges. Each time an individual you invited to the platform deposits and invests $100 you will receive $30! So many ways to earn, make sure to take advantage! 

If you're interested in checking it out, please make sure to click the referral link below! 

  1. https://shakepay.me/r/ZOYEEIL

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Topics: Finance, Bitcoin, Crypto, Trading, Earn, ...

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