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Investors who wish to buy cryptocurrency worth more than $200,000 can use the much faster Shakepay OTC (Over-The-Counter) trading desk. Customers can only buy cryptocurrencies through debit cards and wire transfers.Getting Started
Registration on the Shakepay platform requires your email, password, username, and personal information like your name and address. Other verifications like a selfie or document verification might be required for some users. The spread fees for Bitcoin purchases can go up to 2.26%.
Shakepay is a technology business based in Montreal that offers financial services by connecting individuals to the digital economy for the purpose of building wealth. With $75 billion in digital currency bought and sold to 1,000,000 + Canadians, they spread the adoption of bitcoin to help people save and build their finances.
There are lots of reasons why you should use Shakepay. Some examples include:
Shakepay allows you to purchase and sell bitcoin and Ethereum with no commission at current market prices. Their Interact e-Transfer, wire transfer, bitcoin and Ethereum transfer are all free. They also have no hidden fees, which means you know what you're paying for.
To get started with Shakepay, you need to go to their website and click the 'get started' button. On the sign-up form, you choose a username also known as the "shake tag" and choose from either a personal or business account.
Most digital currencies are stored offline on cold storage wallets, while some are stored in hot wallets to support the liquidity necessary for everyday transactions. FINTRACT and Revenu Quebec regulate them, and they are licensed as a 'Money Service Business' to give services throughout Canada. Additionally, they use SSL-encrypted tunnels and AES-256 encryption to protect all data.