Shakepay β Buy Bitcoin π¨π¦
@shakepay
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ππ±β¨ Buy and earn #bitcoin the easy way. Join 1M+ Canadians shaking for bitcoin. Achetez et gagnez du bitcoin facilement. Rejoignez 1M de Canadiens.
Canada
Joined August 2015
Weβve got some exciting news to share. As of today, Shakepay Inc. is now regulated by the Canadian Investment Regulatory Organization (CIRO). This marks a huge milestone for us (and for you)! What this means for you π° More protection for your cash One of the most important changes is that cash assets are now protected by the Canadian Investor Protection Fund (CIPF) up to $1,000,000 per customer. π Increased oversight for your funds Shakepay has always prioritized the safety of customer funds. Your money is held 1:1 with approved custodians and kept separate from operational funds. And now, CIRO adds an extra layer of oversight to help ensure we continue doing just that βyour money is never used or lent out without your permission; itβs fully held and available to you at all times. β
Meeting high standards Being regulated by CIRO means that our products and services will be held to similar high standards as those of investment dealers owned by the big banks. Plus, our executives are required to meet strict qualifications and undergo continuous education to stay up-to-date with industry best practices. π³ Visa card and bill pay updates If youβre using our prepaid Visa card or bill pay services, these will now be handled by Shakepay Financial Inc. β our affiliated entity. Youβll just need to accept a new agreement for those services, but otherwise, itβs business as usual. π What stays the same? Hereβs the good news β everything you love about Shakepay is sticking around. You can still buy, sell, deposit, send, and earn bitcoin and ether, just like before. Why this matters You might be wondering β why is CIRO an important milestone for Shakepay? Well, we believe that regulation is key to fostering trust and encouraging more people to adopt Bitcoin and crypto in Canada. In this way, weβre ensuring that Shakepay remains a trusted partner for Canadians as they navigate the world of cryptocurrency. By working within a regulated framework, we can offer you more transparency, protection, and better overall services. This is a huge step forward. It brings greater protection for your assets, higher standards for our service, and more trust in our platform. Weβre here to make crypto safer, easier, and more accessible for Canadians, and becoming a CIRO member is one more way weβre making that happen. You can find full details about what this means for you and your account on our blog:
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@OstravaLost You're considered active the day the Shakepay Card is used and the Round up transaction is made (both happen at the same time). The transaction doesn't need to have 'settled' for you to be active!
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@AndrewMarz86 Congrats! Send us a DM so we can add you to the merch list to celebrate the milestone π
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@snabtiti89 Automated purchases (like Round up on the card, auto-buy on direct deposits and recurring buys) will still function out of the country as long as they were set up while within Canada!
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@iamlastsatoshi Yep! Send us a DM when you reach Day 365 and we'll send you some merch to celebrate π₯
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@Tuberculeuse Il semblerait que vous ayez bΓ©nΓ©ficiΓ© de notre promotion sur le dΓ©pΓ΄t direct π FΓ©licitations !
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@snabtiti89 Yep, Round up will work just fine while abroad. Just make sure to set it up before your travels begin.
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