Ranked in 1 of 16 countries · Broker / app
Shakepay Review (October 2026): Fees, Licences and Where It Works
By Vahe Hakobyan No affiliate links
- Taker fee— Not verified
- Maker fee— Not verified
- Coins— Not verified
- CustodyCustodial; assets kept in offline storage with insurance, withdrawals to private wallets allowed
- Founded— Not verified
- HeadquartersMontreal, QC, Canada
Our verdict
Shakepay is a Canadian app for buying and selling bitcoin and a short list of other crypto, funded by Interac e-Transfer. It is a CIRO member registered as an investment dealer in every province and territory. It charges no commission and earns a spread instead, and it also offers a cash account and a card.
Pros
- Free Interac e-Transfer deposits and withdrawals
- CIRO member registered in all provinces
- Simple app aimed at bitcoin buyers
Cons
- Spread-based pricing, cost not shown as a fee
- Small selection of crypto assets
Where Shakepay works
| Country | Status | Rank | Local licence |
|---|---|---|---|
| Canada | Available | #6 of 14 | CIRO member registered as an investment dealer with the AMF and all provincial and territorial regulators; FINTRAC MSB M17065696 |
How secure is Shakepay?
- Proof of reserves
- — Not verified
- Custody
- Custodial; assets kept in offline storage with insurance, withdrawals to private wallets allowed
Crypto held on a platform is generally not covered by deposit insurance.
Shakepay FAQ
Where is Shakepay available?
Among the countries we cover it accepts residents of Canada.
Is Shakepay regulated?
Canada: CIRO member registered as an investment dealer with the AMF and all provincial and territorial regulators; FINTRAC MSB M17065696.
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.