Updated: January 27, 2023
Affiliate Disclaimer – We earn from qualifying purchases.
If you are trying to figure out which crypto exchange to sign-up for and you’ve got it narrowed down to Shakepay vs. Coinbase — The answer is Shakepay for funding/deposits with a Canadian bank account and Coinbase for trading and altcoins.
I’ve used both these platforms and apps for a couple of years. I also live in Canada.
Basically, as a Candian, the easiest, fastest way to fund a crypto exchange account with $ dollars is with Interac e-Transfer. Coinbase doesn’t offer this option to fund your account.
Shakepay only offers Bitcoin and Ethereum compared to Coinbase, where you can choose from 100+ altcoins.
You can still sign up and verify your account on Coinbase as a Canadian — it is just easier to fund and withdraw crypto for a majority of people using Shakepay and eTransfer.