Shakepay is a technological modern company that provides crypto financial services exclusively to the residents of Canada. With its base in Montreal, this firm is able to allow different demographic groups to connect with the digital economy easily through its intuitive website and availability in platforms such as mobile applications. For this reason, it has emerged as the fastest method in which Canadians can buy or sell digital currencies at any time of the day. Some of the features that make this entity stand out from its competitors include:
- Legal and Regulatory Oversight: The firm has been able to receive licensing as a Canadian Money Service Business form bodies such as the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). It has also been licensed by Autorité des marchés financiers (AMF) to operate throughout the country making it an ideal platform for all crypto customers. With this licensing, Shakepay has the obligation of abiding with popular regulations such as the know-your-customer (KYC) and anti-money-laundering (AML) regulations. This makes this company more firm on the ground than its competitors.
- Top Security: Being a custodial service, Shakepay.co holds its consumers’ assets mainly in a mix of both hot and cold wallets. The firm understands the risks in the digital world and unlike most of its competitors, it has invested in the storage of the vast majority of assets in offline storage. Besides, all communications within the website or mobile applications and the firm’s servers are backed up by Secure Socket Layer Connections. Specifically, Shakepay.co states that its servers utilize the AES-256 in the encryption of user data. This means that you should never worry while transacting at this site while in Canada.
- Ideal Trading Interface: Shakepay.co has invested greatly in a clean and intuitive trading interface. Unlike competitor sites that typically appear crowded hence confusing customers, Shakepay opens up with a summary of holdings. Your transaction history also gets displayed and this is ideal especially during tax time. Those that love mobile platforms are guided on how to download applications on the respective Google and Apple play stores at the top of the site. As such, you can set up either your personal and business accounts instantly and start trading.
- Responsive Customer Support: In other trading sites, you are bound to wait for a couple of days to have issues resolved by customer support. This is not the case at Shakepay as they have a dedicated team that ensures that all your issues are resolved within hours on any day of a week. The numerous positive testimonials available freely at the website regarding the customer support can back this up. Other sites will typically hide feedback from customers due to their negative customer support experiences.
- Commission-free trade: After striving for a couple of months to reduce operational costs, Shakepay has been able to pass on these savings to their customers. This means that trading in Bitcoin or Ethereum is commission-free despite the market-leading rates offered by this entity. This translates to more crypto for your buck as you trade on this site.
From the above, it is clear that Shakepay.co provides for a stress-free way for beginners as well as experienced traders to make their first crypto purchases in Canada securely. It is an ideal first-choice which gives you full control and saves you lots of time either on your phone or personal computer.