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Debating between Shakepay vs NDAX?
I’ve been using both these exchanges for over a year at time of writing this post.
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.
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.
Shakepay is a good exchange for Canadians to use.
Easily Buy and sell Bitcoin or Ethereum on Shakepay. Quickly fund or withdraw money using Interac e-Transfer.
Shakepay is one of the best exchanges to use if you want to buy $100 of Bitcoin.
Shakepay Review TL;DR:
Updated June 11, 2022
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Shakepay vs Newton TL;DR: Shakepay
I recommend beginners buying Bitcoin in Canada use Shakepay as their first app/website to buy some crypto. It is super simple and easy to use for beginners to crypto to buy some crypto with INTERAC e-Transfer.
Trading cryptocurrency to cryptocurrency is a taxable event in Canada.
HODLers have to pay tax upon disposing, selling or exchanging cryptocurrencies.
Read the guide for cryptocurrency users and tax professionals by Canada Revenue Agency.
Crypto tax software connects your crypto wallets and exchanges. View your gains and losses. Download tax documents.
