Shakepay allows Canadians to buy/sell bitcoin and pay their friends. Bitcoin is important because it enables wealth to be stored with an individual without need for a third party. Its fundamental use-case as a store of value with a predictable monetary policy is having profound implications on freeing individuals into financial sovereignty. Following Bitcoin, the entire suite of financial services is being rebuilt independently from the current financial infrastructure. believe enabling access to these services is paramount to the creation of wealth and economic freedom.
Shakepay is a Montreal-based technology company that provides financial applications for building wealth. Canadians from all walks of life college students to retirees use Shakepay to connect with the digital economy built on the Internet.
Quick Facts About Shakepay
|Base Commission||$30 CAD after referral buys $100 of crypto currency|
|Minimum Payment||No Minimum|
|Payment Frequency||Upon Request|
|Payment Method||Bitcoin, Bank Account|
|Affiliate Manager||Click Here To View|
How we keep your money safe and always accessible to you
The vast majority of digital currencies held at Shakepay are stored offline in cold storage wallets. We have partnered with a cold storage provider regulated under the NYDFS who holds SOC 1 Type II and SOC 2 Type II certifications.
Shakepay holds an insurance policy on the digital currencies held in cold storage. This policy covers most damages, theft, and loss of private keys.
Multiple people are required to authorize transactions. Neither of the two founders, Jean or Roy, are able to perform withdrawals from our cold storage wallets.
Your money is held separately from ours. We hold your Canadian dollars in segregated Canadian bank accounts and your digital currencies in segregated cold storage wallets.
No fractional Reserve
Your money is your money and we have no intention nor desire to use those funds in any funky ways. If we must hold them for you briefly, we tuck them in the corner of our cold storage with your name written on them.
Transactions from our cold wallets are restricted to a whitelist. It prevents unauthorized withdrawals to any address Shakepay has not approved.
Safeguards to thwart unauthorized access to your account
Encryption in Transit
Shakepay makes use of HTTPS for all connections between app and server. Passwords are hashed and personal data is encrypted before stored.
All accounts are secured by 2FA. By default, SMS-based 2FA is enabled and we recommend upgrading to enable TOTP-based 2FA using an Authenticator app.
Lock access to the Shakepay app with Face ID, biometric unlock, pattern, or PIN code.
Confirm digital currency withdrawals by clicking on a link sent to your email. This ensures access to your account and your email address are required to perform these actions. Turn it on in your settings.
You receive email, SMS, or push notifications to alert you about account activity, such as transactions, logins, and password changes.
Login attempts, and other interactions, are rate limited to prevent credential stuffing and brute force attacks.