
Shakepay is the app of choice for over 1 million Canadians who want a simple, no-fee way to buy and sell Bitcoin and Ethereum. New users who sign up with referral code KRQ31DB can earn a $20 sign-up bonus after completing a qualifying trade.
What is the Shakepay referral code?
The current Shakepay referral code is KRQ31DB.
Enter this code when you create your account to qualify for the $20 bonus. You must fund your account and complete a trade of at least $100 to receive the bonus.
How to use the code
- Download the Shakepay app (iOS or Android)
- Create your account and complete identity verification
- Enter referral code KRQ31DB when prompted
- Fund your account via Interac e-Transfer or wire transfer
- Buy or sell at least $100 worth of Bitcoin or Ethereum
- Receive your $20 bonus
What is Shakepay?
Shakepay is a Canadian mobile wallet and peer-to-peer marketplace focused on Bitcoin and Ethereum. It's licensed as a Money Services Business by FINTRAC and the AMF, making it one of the more regulated crypto apps in Canada.
Shakepay features
Commission-free trading. Unlike most crypto exchanges, Shakepay doesn't charge commissions on trades. Instead, it earns revenue from a small spread built into the buy/sell price.
ShakingSats. Shakepay's daily free Bitcoin game. Every day, you can shake your phone to earn a small amount of free Bitcoin. The amount grows with your streak.
Shakepay Card. A prepaid Visa card that earns Bitcoin cashback on every purchase. The rate is tiered based on your account activity, ranging from 1% up to 1.5%, with periodic promotional windows that can boost cashback further.
Peer-to-peer transfers. Send Bitcoin and Ethereum instantly to any other Shakepay user in Canada, with no fees.
Price alerts. Set custom price alerts for Bitcoin and Ethereum to track market movements.
Is Shakepay safe?
Shakepay is licensed by FINTRAC and the AMF. It uses secure storage practices and requires identity verification for all accounts.
How Shakepay makes money
Shakepay is free to use. It earns revenue from the trading spread and interchange fees from the Shakepay Card. There are no fees on Interac e-Transfer deposits or withdrawals.
Quick reference
| Detail | Info |
|---|---|
| Referral Code | KRQ31DB |
| Bonus Amount | $20 |
| Minimum Trade | $100 |
| Assets Supported | Bitcoin (BTC) and Ethereum (ETH) |
| Available | Canada only |
🎁 Sign up at Shakepay with referral code KRQ31DB to claim your $20 sign-up bonus after your first $100 trade.
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