Shakepay vs PayTrie
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Shakepay stands out in the Canadian crypto market with its highly user-friendly interface and unique features like ‘Shaking Sats,’ which rewards users with free Bitcoin, making it especially appealing for beginners looking to get started with Bitcoin and Ethereum. Its zero-fee model for buying and selling crypto, along with free withdrawals, positions it as an attractive option for users seeking simplicity and cost efficiency.
PayTrie, focusing on stablecoins, caters to a niche within the Canadian market, offering specialized services for those interested in the stability and utility of stablecoins for transactions and trading.
While Shakepay offers a broader appeal with its easy entry into cryptocurrency and engaging rewards program, PayTrie is best suited for users with specific needs around stablecoin transactions, providing a streamlined and efficient platform for this purpose.
Read my Shakepay Review
Shakepay Fees
- Deposits and withdrawals: $0
- Spread: ~1 to 2%
- Crypto withdrawal: Free
- Check Fees and Prices
Funding & Withdrawal Options
- Interac E-Transfer
- Wire Transfers
- Pre-authorized Debit
Cryptocurrencies: 2
β Shakepay Pros
- No fee crypto withdraws
- Simple app UI/UX
- Earn Bitcoin cashback reward with a prepaid Visa debit card
- *NEW – Dark mode
- Shakepay ShakingSATS
- Shakepay Card for BTC Rewards
β Shakepay Cons
- Limited coin selection
- High spread fee
- Mobile app only
PayTrie Fees
- Spread: 0.6%
- Minimum $5 Fee
- Check fees and prices on PayTrie
Funding & Withdraw Options
- Interac e-Transfer
Cryptocurrencies: Stablecoins Only
β PayTrie Pros
- Fast and simple to use
- OTC desk with a minimum of $25k per transaction
- Use the Ethereum, Binance Smart Chain, or Polygon networks for your stablecoins
- Fast account verification
β PayTrie Cons
- Stablecoins only
- No app. Website only.
Compare More Top Canadian Crypto Exchanges
Spread % | Withdraw Fee | Deposit Fee | # of Coins | ||
1 - 2% | $0 | $0 | 2 | ||
0.75-1.5% | Crypto: Free up to $5 | $0 | 60+ | ||
0.2% | Crypto:~$10 | $0 | 30+ | ||
0.5% | Fiat: $0 | $0 | 30+ | n/a | |
0 - 1.5% | Fiat: 1.5% | $0 | 25+ | ||
0.2 - 0.3% | Crypto: 0.00001 BTC | Fiat: 1.5% | 65+ | ||
VirgoCX | 0.5 - 2.5% | Fiat: $0 | $0 | 67+ | |
Coinbase | 0.5% | 1.49 - 3.99% | 1.49 - 3.99% | 100+ | |
Wealthsimple | ~1.5 - 2% | $0 | $0 | 49+ | |
Crypto.com | ~0.4% | Crypto:~$13 | $0 | 100+ | |
PayTrie | 0.6% | $0 | $0 | 7 stablecoins | n/a |
Bull Bitcoin | 0.5 - 1.25% | Crypto: you decide fee | $0 | 1 | n/a |
Coinsquare | 1.5% | Fiat: 0 - 1.5% Crypto: 0.0005 BTC | $0 | 39+ | n/a |
Bitcoin Well | 0.21% | Variable | $0 | 1 |
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- Newton vs NDAX
- Newton vs Wealthsimple
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
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Nooxli is basic how-to crypto guides, reviews, and information for beginners to get started with cryptocurrency in Canada. Personal investment disclosure: I am long BTC & ETH. I take profits when I feel like it. I trade altcoins in hot markets. NOT investment advice. Investing in cryptocurrency is risky. Do your own research.
Seen in: Finbold, CoinMarketCap, Times Tabloid, and TheBitTimes.com