Shakepay vs NDAX?

Shakepay vs NDAX
Compare: Shakepay vs NDAX

Debating between Shakepay vs NDAX? I’ve been using both these exchanges for over two years at the time of writing this post update.

If you are buying crypto for the first time and wondering if Shakepay or NDAX are safe and legit exchanges — the answer is yes. I would recommend both exchanges to friends.

If you are a beginner and super confused by crypto and looking for the easiest way to buy Bitcoin or Ethereum — Sign up to Shakepay.

Want to trade Bitcoin or buy and sell thousands of dollars of crypto at the time, get the lowest spread fees — Sign up for NDAX.

It would depend on what coins you are wanting to buy, how much you are wanting to invest, and how what type of trader or investor you are to determine what exchange in best to use.

Here are some of the pros and cons of each exchange to compare from my experience.

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Bitcoin Gift Guide: 15 Ideas For People Who Are Obsessed with Crypto

If you are looking for a gift for someone that is into crypto and you have no knowledge about crypto — this gift guide is for you.

The main issue that most crypto users have is securing their wallet ‘seed phrase’ or ‘backup keywords’.

These are simply 12 or 24 words that need to be saved in the real world with no connection to the internet.

These words need to be protected against hackers, theft, flood, fire or other natural elements for potentially decades into the future.

Cryptocurrency enthusiasts like trying to experiment with different ways to best back up their digital assets.

Spending more money does not equal more security. All these products basically do the same thing with slightly different features and use cases.

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How to Buy Bitcoin with Credit Card in Canada

Netcoins – founded in 2014 is crypto exchange based in Vancouver, Canada that has the option to buy Bitcoin and few other cryptocurrencies with a credit card (Visa or Mastercard).

  • minimum purchase is $71
  • uses third party called Simplex
  • Purchasing cryptocurrency via credit card does not count towards the $100 worth of trading volume on Netcoins.

Get a $60 sign-up bonus once you trade $100 worth of crypto on Netcoins when you fund your account with dollars via Interac e-transfer, online bill payment or bank wire transfer.

All credit card transactions facilitated by Simplex will be higher fees than if you were to fund your account directly with Interac e-Transfer, online bill payment or bank wire transfer.

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Shakepay Review

Shakepay Review
Shakepay Review

Shakepay is one of my favorite crypto exchanges in Canada because it simplifies buying and selling Bitcoin or Ethereum. Instantly fund or withdraw fiat ($CAD) using Interac e-Transfer. Signing up and verifying an account was fast and automated.

Use a referral link to activate the secret ‘ShakingSats’ rewards easter egg to earn free Bitcoin daily and get a $20 sign-up bonus.

I have been using Shakepay for over three years at the time of post update. I have read the good and bad reviews on Reddit/social media — this has been my experience buying and selling crypto on Shakepay. This Shakepay review will break down everything you should know before signing up to Shakepay.

My conclusion: I recommend Shakepay to friends who are just starting out in crypto and simply want to buy a small amount of Bitcoin or Ethereum. No fee crypto withdrawals and the ShakingSats rewards program make it a really great experience.

Shakepay handles peak times very well. It has worked consistently through the market ups and downs in the last bull market. Not all exchanges have handled it as well as Shakepay.

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7 Exchanges to Buy Bitcoin & Crypto with INTERAC e-Transfer in Canada

buy bitcoin with interac e transfer
Buy Bitcoin with Interac eTransfer Canada

Buying Bitcoin with Interac eTransfer is the fastest, easiest, and lowest-fee way to instantly buy and sell Bitcoin, Ethereum, and crypto in Canada.

I have been buying, selling, and trading crypto in Canada for 5+ years. These recommendations are based on my personal experience.

All the images shown are screenshots from my personal crypto exchange accounts. Buy Bitcoin with e transfer in Canada to fund a crypto exchange and trade CAD for BTC, ETH, or more cryptocurrencies.

✅ TL;DR where to buy Bitcoin Interac eTransfer:

Newton – Best overall exchange

  • Newton has low fees, is easy to use, and has lots of altcoins to buy, sell, and trade. No deposit or withdrawal fees. Advanced trading features, set up limit buys/sells or recurring crypto purchases. Get a $25 sign-up bonus.

Shakepay – Easy to use exchange for beginner’s

  • Shakepay is great for beginners due to its user-friendly interface and absence of trading fees. Set up limit buys/sells or recurring crypto purchases. Use a referral code to activate the secret ‘ShakingSATS’ rewards easter egg to earn free Bitcoin daily. Get a $20 sign-up bonus.

Summary — Choosing between the two largely depends on individual preferences, trading experience, and the importance of a broad crypto selection versus user experience. I use both exchanges.

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33 Best Crypto Subreddits for Canadians

When doing research — I always like to add the qualifier ‘Reddit’ to a few related Google searches to try and get more unbiased reviews about cryptocurrency exchanges, wallets, scams, and the laws/legality of crypto as a Canadian.

Crypto Related Subreddits

Here is my list of recommended subreddits I think you should check out when learning and researching crypto as a beginner.

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10 Podcasts About Bitcoin, Blockchains & Crypto

Podcasts About Bitcoin, Blockchains & Cryptocurrency

Podcasts are a great way for learning about Bitcoin, altcoins, trading and other cryptocurrency news and updates.

This is by no means an exhaustive list of cryptocurrency podcasts or in any particular ranking. I will be updating this post as I find new ones.

Here is a list of blockchain and crypto podcasts I currently subscribe and listen to:

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nooxli


nooxli is a simple guide for beginners to get started with cryptocurrency in Canada. We also review and compare crypto exchanges and wallets.

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