Shakepay Deposit Methods and Supported Banks

Canadian crypto app focused on Bitcoin. Simple interface with Interac e-Transfer support.

KYC verification: Same day

Available in: CA

Shakepay in Canada

Canadians wanting fast CAD funding via Interac e-Transfer with CIRO-regulated dealer status

Commission-free but the spread can widen, so check the quote carefully before you buy

Best way to fund Shakepay in Canada

Primary Interac e-Transfer

Interac e-Transfer funding is usually credited in minutes, but some banks can take up to an hour to release the Interac confirmation. Wire transfers are typically 1 to 2 business days, and can take up to 2 to 3 business days depending on bank cutoffs.

⚠ Interac deposits that do not show up are most often caused by mismatched transfer details (for example a typo in the security question or answer), which prevents automatic matching

⚠ Some banks delay Interac transfers for up to an hour, especially on first-time sends or after you increase the amount

Learn more about Interac e-Transfer

Backup Wire Transfer

Use if primary method is unavailable

Learn more about Wire Transfer

Supported Deposit Methods

Interac e-TransferWire Transfer

Regulatory Status in Canada

CIRO-regulated investment dealer. Shakepay is regulated by the Canadian Investment Regulatory Organization (CIRO) and registered as an investment dealer across Canadian provinces and territories.

Last verified: 2026-01-16 · View source

Fees and Costs

Trading Fees

No fixed trading commission. Shakepay's price includes a spread of about 0.5% to 2.0% over its benchmark price, which can widen further in adverse market conditions. Interac and wire deposits are free, and Interac and wire withdrawals are free.

Deposit Fees

Interac e-Transfer and wire deposits are free. Shakepay covers crypto network fees for normal-speed withdrawals.

Common Issues and Solutions

Why is my Interac e-Transfer deposit not showing in Shakepay?

Shakepay notes Interac deposits can take up to 1 hour in normal processing. If it is not showing, the most common issue is mismatched transfer details (for example a typo in the security question or answer). Cancel the Interac transfer and resend using the exact details shown in the app.

My bank says the Interac transfer was sent, so why is Shakepay still empty?

Some banks release Interac transfers slowly and Shakepay notes up to an hour can be normal. If you are past an hour, check whether the Interac details match what Shakepay provided, then resend a small test transfer.

What is the safest way to test Shakepay funding from a Canadian bank?

Start with a small Interac e-Transfer deposit first, then increase size only after you see it credit correctly. This helps you surface bank-side delays and prevents bigger transfers from getting stuck.

How do I withdraw CAD back to my bank and what are the limits?

Shakepay supports CAD withdrawals using Interac e-Transfer with a maximum of $10,000 per e-Transfer withdrawal. For larger withdrawals, use wire transfer.

Shakepay in United States

Shakepay is not available in United States

Shakepay is a Canadian-only exchange. It does not accept customers outside of Canada.

Shakepay in United Kingdom

Shakepay is not available in United Kingdom

Shakepay is a Canadian-only exchange. It does not accept customers outside of Canada.

Shakepay in Australia

Shakepay is not available in Australia

Shakepay is a Canadian-only exchange. It does not accept customers outside of Canada.

Shakepay in Germany

Shakepay is not available in Germany

Shakepay is a Canadian-only exchange. It does not accept customers outside of Canada.

Shakepay in France

Shakepay is not available in France

Shakepay is a Canadian-only exchange. It does not accept customers outside of Canada.

Shakepay in Italy

Shakepay is not available in Italy

Shakepay is a Canadian-only exchange. It does not accept customers outside of Canada.

Shakepay in Spain

Shakepay is not available in Spain

Shakepay is a Canadian-only exchange. It does not accept customers outside of Canada.

Supported Payment Methods

Banks Compatible with Shakepay

Frequently Asked Questions

What deposit methods does Shakepay support?

Shakepay supports interac-etransfer, eft-canada for deposits.

How long does Shakepay KYC verification take?

Shakepay typically completes KYC verification in same day.

Which countries can use Shakepay?

Shakepay is available in CA.