Shakepay is a app for Canadians to buy and sell cryptocurrency in less than 10 minutes using an Interac e-transfer. Shakepay is the easiest way for Canadians to buy and sell bitcoins and purchasing at least $100 worth of bitcoin with Shakepay also makes you eligible to receive a $10 bonus on your purchase.
- Download the Shakepay app or use the Shakepay website to singup
- Register your account by submitting your personal information
You will be asked to provide your real name and address, its the law in Canada that companies like Shakepay must verify your identity.
- Verify your account by confirming your phone number
Shakepay will send you a text with a verification code to confirm your phone number. This two-factor authentication is used to verify your identity and also to prevent others from accessing your account. You will receive a text with a 6 digit code.
- Click the Add Funds button to make a deposit
You will see a button at the bottom of the app to “Add Funds”, click this button to display a list of deposit methods.
- Choose the Interac e-transfer deposit method
- Follow the deposit instructions
Open your online banking (app or website) and send an e-transfer to firstname.lastname@example.org. Use your username as the security question and a code provided by Shakepay as the security answer.
After sending your e-transfer, it will take Shakepay a few minutes to receive it and confirm your deposit. After your deposit is received, you’ll be able to exchange your Canadian dollar deposit for bitcoins and ether, doing so for at least $100 will entitle you to receive a $10 bonus on your deposit.