ShakePay is an Android application that allows users to buy and sell Bitcoin and Ethereum with no commission. This is a money service under Canadian legislation and is regulated by FINTRAC, an anti-money laundering compliance program.
Opportunities and security
This app simplifies cryptocurrency transactions. It is possible to buy, sell, and transfer Bitcoin as well as Ethereum instantly. You can invest, trade, or send digital assets to friends and family.
There are various security protocols, including two-factor authentication and advanced encryption techniques. It is possible to safeguard your transactions and personal information from unauthorized entry. You can disable your account if your phone gets lost so no one can get access to your funds.
Cards and transactions
With this utility, you can issue a ShakePay Card that integrates with your account. This physical card allows you to spend your cryptocurrency holdings anywhere that VISA is accepted. Every time you make purchases, you earn cashback in Bitcoin or Ethereum. Thus, you get an opportunity to accumulate coins effortlessly.
In addition, peer-to-peer transactions are provided, enabling you to send and receive funds from friends or family instantly. You can split bills, repay loans, or gift cryptocurrencies. Moreover, ShakePay provides real-time market information, allowing you to monitor price trends, historical data, and analyses. This option helps to make strategic investment choices.
- just like Newton, this utility is intended for Canadian residents;
- it is possible to sell, buy, and send cryptocurrency;
- you can make transactions with Bitcoin and Ethereum with no commission;
- the app is free to download and use;
- compatible with current Android versions.